Page 33 - Initial Public Offer News Today

A $17 billion wipeout in market value has made LIC one of the biggest wealth destroyers among Asia's initial public offerings this year

Hyped-up valuations in the private markets have led to many storied tech companies and start-ups in India to fare disastrously in the public markets where investors are rejecting these valuations. As a consequence, there has been serious erosion of investor wealth. It’s time Indian start-ups and their investors get real.

In Sebi’s parlance, its observation implies its approval to float IPO, , tamilnad mercantile bank, sebi

Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its IPO issue price o

Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its IPO issue price of Rs 949.

Tamilnad Mercantile Bank is one of the oldest private sector banks in the country, with a history of almost 100 years. It offers a wide range of banking and financial services primarily to Micro, Small and Medium Enterprises (MSME), agricultural and retail customers.

Aether Industries IPO GMP today points out that the bidders receiving company shares could make a listing gain. 

Talking exclusively to BT, DIPAM secretary Tuhin Kanta Pandey has said that the government is moving along with the privatisation plans for CONCOR and IDBI and that expressions of interest will be invited this month.

All applications in an IPO to be processed only after required funds to back the application is blocked in the bank; new norms for all IPOs that open on or after September 1.

The initial public offer (IPO) of speciality chemicals company Aether Industries was subscribed 49 per cent on the second day of subscription