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SEBI approves Paytm UPI handle, helping firm in managing IPO applications

The Securities and Exchange Board of India (SEBI) has approved Paytm Payments Bank Limiteds @Paytm unified payments interface (UPI) handle to enable payment mandates for initial public offerings (IPO) application. This will allow users to invest in capital markets through various brokerage platforms using their @Paytm UPI handle. Paytm Payments Bank has entered into a partnership with Paytm Money to enable payment mandates for IPO applications. Paytm Money, Paytms stocks and mutual fund inv...
Satish Gupta Paytm Payments Bank Exchange Board Of India Paytm Payments Bank Limited Burger King Paytm Payments Bank Ltd

Chemicals maker Laxmi Organic IPO subscribed 2.28 times on Day 1

Speciality chemicals manufacturer Laxmi Organic Industries initial public offer was subscribed 2.28 times on the first day of subscription on Monday. The initial public offer (IPO) received bids for 7,42,26,635 shares against 3,25,58,138 shares on offer, according to data available with the NSE. The portion meant for qualified institutional buyers (QIBs) was subscribed 1 per cent, non-institutional investors 49 per cent and those for retail individual investors (RIIs) 4.34 times. The initia...
United Arab Emirates United Kingdom Axis Capital Capital Advisors Laxmi Organics Industries On Laxmi Organic Industrie

Anupam Rasayan IPO subscribed 3.64 times on second day of subscription

The initial public offer of speciality chemicals company Anupam Rasayan India was subscribed 3.64 times on the second day of subscription on Monday. The Rs 760-crore issue received bids for 3,53,30,067 shares against 97,01,809 shares on offer, as per NSE data. The portion for qualified institutional buyers (QIBs) was subscribed 37 per cent, non-institutional investors 1.39 times and retail individual investors (RIIs) 6.60 times. The price range for the offer, which started on Friday, has be...
Anupam Rasayan Syngenta Asia Pacific Axis Capital Jm Financial Ambit Private Limited Sumitomo Chemical Company

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