Page 9 - Prime Database News Today

Companies had raised around 285.5 billion rupees ($3.43 billion) until Oct. 29, the lowest since September 2018, and well below the 729.5 billion rupees in the previous month, data from Prime Database showed.

Shareholder resolutions in Nifty-50 companies where more than 20 per cent of institutional shareholders expressed their dissent by casting a negative vote decreased by 30 per cent to 44 in number (or 9.24 per cent of total) in the recently ...

SME IPOs are seeing record traction in terms of subscription but an analysis of anchor allotments shows that the same set of investors are getting shares in all the issues

After a subdued beginning to 2023, the IPO market has seen heightened activity in the past couple of months. Considering the strong pipeline, there’s hope this may continue for some time yet

The fees charged by investment banks to manage initial public offerings (IPOs) have increased to an average 3.23 per cent of the issue size this calendar year, the highest since 2020. The average fee is up 8 per cent compared to last year, when it stood at 2.99 per cent. The investment banking fees have increased as the average IPO size has shrunk this year.

After 10 years of the Companies Act 2013, one in five board members in Nifty-500 companies is a woman. While this shows progress, there is still work to be done. The law has ensured that all 500 companies have a woman director, but many have only one. Larger boards also tend to have fewer women directors.

Come September and several SME IPOs flood the market. While a few are genuine, a number of them are there to manipulate the system and make a quick buck that’s not entirely legal

Fund raising through initial public offerings or IPOs fell 26% to ₹26,300 crore in the first half of the current fiscal, despite the number of issues more than doubling to 31, from 14 issues with the total mop-up of ₹35,456 crore in the year-ago period, according to Primedatabase.

The current financial year 2023 witnessed a robut growth of Initial Public Offerings in the stock market. For the second half of FY24, around 28 IPOs are scheduled to launch in the market

After a record 31 initial share sales in the first half of this fiscal, the IPO pipeline looks strong with 28 firms eyeing to raise Rs 38,000 crore in the second half and another 41 awaiting Sebi’s nod to launch initial public offerings worth Rs 44,000 crore, a report said. Fund raising through