5 Upcoming IPOs of Adani Group

Five of Adani group

It has seven publicly traded companies that represent its ports, electricity, and FMCG operations, among others.  The behemoth recently announced its plans for five IPOs coming up in the market in the coming years. Revealing the company’s IPO plan, Adani Group’s Chief Financial Officer, Jugeshinder Singh, stated that five of its subsidiaries will make market … Read more

Mamaearth’s plans put new-age IPOs in focus

The spotlight is again on new-age IPOs that are seen as risky due to uncertainty in their businesses

New-age firms going for public listings have failed to inspire in recent times. So when Honasa Consumer Pvt. Ltd, the parent of skin care brand Mamaearth, filed its draft papers on 29 December, prospective investors got worried. The company had not quoted a valuation figure, but based on an earlier Reuters report, social media users … Read more

Recent IPOs that mutual funds participated in

iStock

In December, Mutual Funds (MFs) deployed ₹147 bn and alongside foreign institutional investors (FIIs) sold ₹63 bn in the Indian secondary market, highlighted data analysed by domestic brokerage and research firm Edelweiss. Funds participated in most of the initial public offerings (IPOs) and the December end holding value is highlighted alongside. MFs participated in Kfin … Read more

IPOs: Mistakes to avoid when investing in public offerings. A checklist!

Being part of the primary market, IPOs are issued in two types such as

In 2022, IPOs were on a whole different roller coaster ride due to volatile markets condition on the back of macroeconomic uncertainties, rate hikes, and geopolitical tensions. The IPO market witnessed a lacklustre demand in the first few months of 2022, and also, major startups that launched their IPOs corrected heavily post-listing. However, the second … Read more

Radiant Cash Management IPO’s shares listing likely tomorrow. What GMP signals

IPO

The finalisation of the share allotment of Radiant Cash Management Services IPO is done and now all eyes are on the stock market debut of the company’s shares. The initial public offer (IPO) of Radiant Cash Management Services was subscribed 53% on the last day of subscription on Tuesday, December 27, 2022.  As per market … Read more

Chemicals, defence IPOs season’s flavour

The illusion of rising house prices

The year-end IPO rush that saw 17 companies hit the primary market in just two months, saw retail investors betting on defence and chemicals companies. On the other hand, they avoided financial services companies such as microfinance and NBFCs, with these companies failing to see full subscription for the portion of their share sales reserved … Read more

KFin Technologies IPO’s shares listing likely this week. Check GMP

IPOs

The initial public offering (IPO) of KFin Technologies was subscribed 2.59 times on the last day of offer that closed on Wednesday, December 21, 2022. The issue received bids for 6,14,67,520 shares against 2,37,75,215 shares on offer. The three day public issue’s price range was fixed at ₹347-366 a share. The finalization of basis of … Read more

Landmark Cars IPO’s shares listing likely tomorrow. What GMP signals

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The Initial Public Offer (IPO) of automobile dealership chain Landmark Cars got subscribed 3.06 times on the last day of subscription on Thursday, helped by huge interest from institutional buyers. The initial share sale received bids for 2,46,45,186 shares against 80,41,805 shares on offer.  As per market observers, Landmark Cars shares have fallen from premium … Read more

Sula Vineyards IPO’s shares listing this week. What GMP signals

A staff arranges bottles on display at the Sula Vineyards winery in Nashik. Photo: AFP

The finalisation of the basis of share allotment of Sula Vineyards IPO, which was open from Monday, December 12 till Wednesday, December 14, 2022 has been done and now all eyes are on shares listing. As per market observers, Sula Vineyards shares have slipped from premium (GMP) and are available at a discount of ₹12 … Read more