IPO News

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.

Carlsberg planning on IPO for Indian operations as domestic beer market to grow to $10.7 bn by 2020

Carlsberg started operations in 2007 in India, where it sells five types of beer under the Carlsberg and Tuborg brands, according to its website.


Amber Enterprises raises Rs 178.71 crore from anchor investors

The numbers indicate that the company raised Rs 178.71 crore via anchor investment which includes investors like Abu Dhabi Investment Authority - Behave, Blackrock India Equities Goldman Sachs India and Kuwait Investment Authority Fund 225.

Bandhan Bank to raise over Rs 2,500 crore via IPO

The Kolkata-based private sector lender, in a statement, said that it will be offering 119.28 million shares in its proposed initial share sale, through a mix of primary and secondary share sale.

Tejas Networks makes tepid stock market debut, lists at Rs 257 on BSE

Price band for the offer was fixed at Rs 250-257 per share and was open for bidding from June 14-16. Spread over 60 countries, Tejas Networks is into developing and selling high-performance products to telecom service providers, utility companies, defence firms and government entities, among others.

Cloudera's $210 million IPO is the latest unprofitable tech listing

Big-data company Cloudera Inc. aims to raise as much as $210 million in an initial public offering that will continue to test investors’ appetite for young companies with big losses.