IPO News

IRCTC to make stock market debut on Monday

The IPO, which was open for subscription between September 30 and October 4, was subscribed 112 times at a price band of Rs 315-320 per share.

IRCTC IPO subscribed 1.42 times so far on second day of bidding

Bidding for the offer of the railways' tourism and catering arm will close on Thursday. Equity markets will be closed on Wednesday on account of 'Mahatma Gandhi Jayanti'.


IRCTC IPO to hit market on Monday at Rs 315-320, will help raise Rs 645 crore

The price of the share has been fixed at Rs 315-320 and the sale will close on October 3. There are 2,01,60,000 shares for sale and it is a part of the government's disinvestment process.

Public equity markets’ mop-up down by 68% in FY19 as IPOs see sharp slide

The drop in the cumulative equity numbers was primarily on account of a sharp slowdown in fundraising through IPOs.

Rail Vikas Nigam's IPO to start today, price band set at Rs 17-19 per equity share

The IPO is an offer for sale by the President of India, under the guidance of the Ministry of Railways and the Government of India, the statement added.

2018 mop-up may cross Rs 1 lakh crore on spike in primary market activity

While the secondary market movement is the biggest contributing factor to primary market activity, 2018 has already seen 21 IPOs that collectively raised Rs 28,503 crore.


RITES shares list with 3 per cent premium

At NSE, shares of the company opened at Rs 190. The company's market valuation stood at Rs 4,299 crore.

Billionaire trio grabs a slice of Xiaomi’s IPO

The billionaire triumvirate join a group of big corporate names backing an IPO that could raise as much as $6.1 billion.

RITES IPO hits market today: All you need to know about the listing

RITES IPO is the first state-owned company to hit the IPO market in this financial year. With the sale, the government plans to garner around Rs 460 crore.

RITES IPO on June 20, Centre targets Rs 460-crore fundraising

With the successful listing of the engineering consultancy firm, RITES, next to hit the share markets will be the transporter’s borrowing arm, Indian Railway Finance Corporation (IRFC) and then engineering firm RVNL, according to officials.