ipo watch

IPO Watch: Muthoot Microfin raises Rs 285 crore via pre-IPO placement to 26 investors

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IPO Watch: Muthoot Microfin raises Rs 285 crore via pre-IPO placement to 26 investors

Muthoot Microfin has raised Rs 285 crore by selling part stake to anchor investors in the pre-IPO placement. The company has allocated 97,93,812 shares to 26 anchor investors. These include foreign portfolio investors like Morgan Stanley, Societe Generale, Copthall Mauritius Investment. Among domestic institutional investors, a string of insurance companies, including ICICI Prudential Life Insurance, … Read more

Utkarsh Small Finance Bank IPO to open on July 12. 10 things to know about the public offer

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Utkarsh Small Finance Bank IPO to open on July 12. 10 things to know about the public offer

The initial public offering (IPO) of Utkarsh Small Finance Bank will open for subscription on July 12. The issue closes on July 14. The company’s shares are expected to get listed on both the exchanges. Here are 10 things to know about the issue. 1) What is the business overview of Utkarsh Small Finance Bank? … Read more

Tata Technologies IPO: 10 things to know about the public offer

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Tata Technologies IPO: 10 things to know about the public offer

Tata Group company Tata Technologies has filed a draft prospectus with markets regulator Sebi to raise funds through initial public offering (IPO). The IPO is completely an offer for sale (OFS) by promoters and selling shareholders. The shares of the company are proposed to be listed on both NSE and BSE. Here are 10 things … Read more

KFin Technologies IPO: Should you avoid this ‘pricey’ bet?

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KFin Technologies IPO: Should you avoid this ‘pricey’ bet?

Indian primary markets are likely to remain busy in the next week as the initial public offering (IPO) of KFin Technologies will open for subscription on Monday, December 19. The company will be eyeing to raise Rs 1,500 crore via its primary offering, which is entirely an offer for sale (OFS) of up to 4.1 … Read more