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2nd Dec 2021
The Rs.7,249 crore IPO of Star Health & Allied Insurance, consisting of a fresh issue of Rs.2,000 crore and an offer for sale (OFS) of Rs.5,249 crore, saw tepid response on Day-1 and Day-2 of the IPO. As per the combined bid details put out by th
The Rs.619.23 crore IPO of Tega Industries, consisting entirely of an offer for sale (OFS) of Rs.619.23 crore, saw robust response and got oversubscribed on Day-1 of the IPO itself. As per the combined bid details put out by the BSE at the close of D
The Rs.660 crore IPO of Anand Rathi Wealth, consisting entirely of an offer for sale (OFS) of Rs.660 crore, saw decent response on Day-1 of the IPO. As per the combined bid details put out by the BSE at the close of Day-1, Anand Rathi Wealth IPO was
Close to 2 years after the proposed deal between Airtel and Dish TV fell through over valuation differences, the deal appears to be back in the reckoning. As per market reports, Bharti Airtel is in early talks to acquire a majority stake in Dish TV.
Indian auto sector has been under pressure over the last couple of months due to a shortage of microchips and supply chain constraints hitting output. Most auto companies have been forced to cut production. The pressure continued in the month of Nov-
1st Dec 2021
Snapdeal plans to file the DRHP for its proposed IPO before the end of December and come out with its IPO before the end of the current fiscal year. The IPO will comprise of a fresh issue of shares worth Rs.2,000 crore while the promoters and some
The Rs.660 crore IPO of Anand Rathi Wealth consists entirely of an offer for sale worth Rs.660 crore. The issue has been priced in the band of Rs.530 to Rs.550 per share and the actual IPO price will be discovered through the process of book building
The Rs.7,249 crore IPO of Star Health & Allied Insurance, consisting of a fresh issue of Rs.2,000 crore and an offer for sale (OFS) of Rs.5,249 crore, saw tepid response on Day-1 of the IPO, which has continued on Day-2. As per the combined bi
The Rs.619.23 crore IPO of Tega Industries, consisting entirely of an offer for sale (OFS) of Rs.619.23 crore, saw robust response on Day-1 of the IPO. As per the combined bid details put out by the BSE at the close of Day-1, Tega Industries IPO w
Anand Rathi Wealth is a non-banking wealth management group that is affiliated to the Anand Rathi financial services business. Its focus has been largely on leveraging technology in both its verticals viz. Omni Wealth and Digital Wealth. Anand Rat
30th Nov 2021
With the calendar year 2021 coming to an end in another month, the regulator has been working overtime clearing the backlog of IPO draft red herring prospectus filed with SEBI. On 29th November, SEBI announced that it had approved the DRHPs of 10
The annualized GDP growth for the Sep-21 quarter was announced, as usual, on the last working day of November. The real GDP growth came in line with Reuters poll of economists at 8.4. This is the third consecutive quarter of positive growth in GD
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