Solar PV modules manufacturer Waaree Energies on Monday received market regulator Securities and Exchange Board of India’s (Sebi) approval for its proposed initial public offering (IPO). The company’s initial public offering comprises a fresh issue of equity shares aggregating up to Rs 3,000 crore and an offer for sale of up to 3,200,000 Equity Shares … Read more
Mumbai: Initial public offerings (IPOs) in 2022 have helped investors make better money than the previous two years, with 17 of the 22 listings currently trading above their issue price amid sharp swings in the stock market. Some IPOs such as , Veranda Learning, Venus Pipes, and Campus Activewear, have more than doubled over the … Read more
Mumbai: Investor response to three stock market debutants – PB Fintech, Industries and SJS Enterprises – on Monday was mixed. Sigachi’s debut was the strongest with the stock listing at ₹570, a 253% premium over its issue price of ₹163, best in 13 years. After listing at a premium of 253% over the offer price, … Read more
MUMBAI: The IPO market is buzzing once again with three initial public offers (IPO) – Computer Age Management Services (CAMS), Chemcon Specialty Chemicals and Angel Broking – opening for subscription next week. All three IPOs are likely to get a good response from the investors following the huge successes of the last three – Rossari … Read more
NEW DELHI: YES Bank‘s Rs 15,000 crore follow-on public offer saw 52 per cent subscription by midday of Day 3, the last day of the bidding process. By 11.45 am, the issue had attracted bids for 4,77,19,82,000 shares, 52 per cent of the issue size of 9,09,97,66,899 shares, data compiled from BSE and NSE showed. … Read more