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IPO-bound Zomato's RHP reveals recovery in operational metrics in March quarter

IPO-bound Zomato's RHP reveals recovery in operational metrics in March quarter
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IPO boom prompts ICICI Bank to hire more investment bankers

IPO boom prompts ICICI Bank to hire more investment bankers
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Last Updated: Apr 20, 2021, 07:15 AM IST
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The new roles will be concentrated in sectors such as technology and health care, Ajay Saraf said.
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India’s second largest private lender
ICICI Bank Ltd. is making its biggest hiring push in investment banking and institutional equities in four years, as it anticipates a rise in companies going public.
The Mumbai-based firm plans to add five mid-to-senior level hires in each of the two units, which currently have 130 bankers in total, according to Ajay Saraf, head of investment banking and institutional equities at ....

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RailTel Corporation IPO subscribed 6.64 times on second day

The initial public offer of telecom infrastructure provider RailTel Corporation of India was subscribed 6.64 times on the second day of subscription on Wednesday.
The Rs 819.24-crore offer received bids for 40,64,63,940 shares against 6,11,95,923 shares on offer, as per NSE data.
The qualified institutional buyers (QIBs) portion was subscribed 2.96 times, non institutional investors 2.63 times and retail individual investors(RIIs) 10.55 times.
The public issue is of 8,71,53,369 equity shares and in a price range of Rs 93-94 per share.
The company has raised Rs 244 crore from 14 anchor investors.
The offer is being managed by ICICI Securities Ltd, IDBI Capital Markets & Securities Ltd, and SBI Capital Markets Ltd. ....

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