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The Securities and Exchange Board of India (SEBI) has approved Paytm Payments Bank Limited's @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, Paytm's stocks and mutual fund investment platform, aims to get more than 10 million users and 75 million yearly transactions in the...

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 initial public offer aggregating up to Rs 600 crore comprises a fresh issue of up to Rs 300 crore and an ...

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 been fixed at Rs 553- 555 per share. Anupam Rasayan had on Wednesday raised Rs 225 crore from anchor ...

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