Page 3 - Subscription Status News Today

Non-banking financial company Arohan Financial Services and Dodla Dairy, a leading dairy company in South India, have received capital markets regulator Sebis go-ahead to float initial share-sales. The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23, an update with Sebi showed on Monday. Sebis observation is very necessary for any company to launch public issues like initial public offer (IPO), follow-on public offer (FPO), and ...

Grab Holdings, Southeast Asias ride-hailing to delivery giant, is considering a secondary listing in its home market of Singapore after completing a Nasdaq listing via a $40 billion SPAC merger, three sources familiar with the matter said. Listing on Singapore Exchange would enable Grab to have an investor base close to where its regional business is based, the people said, potentially offering its customers, drivers and merchant partners easier access to trade its shares. Grab, a household n...

Read more about Grab to unveil worlds biggest SPAC merger, valued at nearly $40 bn: report on Business Standard. The deal for Grab, which was valued at just over $16 billion last year, will be a big win for its early backers such as SoftBank Group Corp and Chinas Didi Chuxing.

Aditya Birla Sun Life AMC, India’s fourth largest asset management company (AMC), is considering launching an initial public offering (IPO), said its parent firm on Wednesday, joining a slew a fund houses that listed recently. “The board of directors of Aditya Birla Capital at its meeting held on March 17, 2021, have provided in principle approval to explore an initial public offering of Aditya Birla Sun Life AMC, a material subsidiary of the company subject to market conditions, receipt o...

A city-based entrepreneur, who tasted great success after a game developed by his company became wildly popular and topped a worldwide ranking for a brief period in 2019, is mulling to list his startup venture on the London Stock Exchange. Funcell Games and two other group companies created eight games that help the entity gain popularity in the US and the UK, the firms promoter and CEO Abhishek Malpani said. "The flagship game of the company has been Idle Human which topped the world rankin...

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...

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...

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...

Read more about Auto parts maker Craftsman Automation IPO subscribed 55% on Day 1 on Business Standard. The initial public offer of auto component maker Craftsman Automation received 55 per cent subscription on the first day of bidding on Monday.

Read more about Easy Trip Planners IPO subscribed 159.30 times so far on last day on Business Standard. Easy Trip Planners initial public offer was subscribed a whopping 159.30 times so far on the last day of subscription