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3rd Nov 2021
In a rather interesting move, Tata Power has announced that it would seek shareholder approval to amend its scheme of arrangement. According to the original scheme of arrangement approved by shareholders, Tata Power had sought to merge Tata Power Sol
The new age logistics start-up, Delhivery, has filed its draft red herring prospectus (DRHP) with SEBI for its proposed Rs.7,460 crore IPO. The issue is likely to be a combination of a fresh issue and an offer for sale. While Delhivery will raise Rs.
The Rs.5,625 crore IPO of PB Fintech (Policybazaar & Paisabazaar), consisting of a fresh issue of Rs.3,750 crore and an offer for sale (OFS) of Rs.1,875 crore, may have seen a slow response on Day-1 and Day-2 but Day-3 made up for all that. As
2nd Nov 2021
The Rs.125.43 crore IPO of Sigachi Industries Ltd, consisting entirely of a fresh issue of Rs.125.43 crore, saw a strong response on Day-1 and has built on that base on Day-2. As per the combined bid details put out by the BSE, Sigachi Industries Ltd
The Rs.800 crore IPO of SJS Enterprises Ltd, consisting entirely of offer for sale (OFS) of Rs.800 crore, saw a tepid response on Day-1 and that continued on Day-2 also. As per the combined bid details put out by the BSE, SJS Enterprises Ltd IPO w
The Rs.5,625 crore IPO of PB Fintech (Policybazaar & Paisabazaar), consisting of a fresh issue of Rs.3,750 crore and an offer for sale (OFS) of Rs.1,875 crore, saw a tepid response on Day-1 and Day-2 was relatively better. As per the combined
The Rs.1,200 crore IPO of Fino Payments Bank, consisting of a fresh issue of Rs.300 crore and an offer for sale (OFS) of Rs.900 crore, continued to see a measured response on Day-3. As per the combined bid details put out by the BSE at the end of
The IPO of Latent View Analytics opens on 09 November. The company was floated way back in 2006 and its primary area of activity includes data & analytics consulting, advanced predictive analytics, data engineering and digital solutions. Laten
Overall auto numbers for the month of October 2021 were disappointing on the 4-wheeler front. This was due to a combination of spike in input inflation and a shortage of microchips in the market. Here is a quick take on how the key auto company di
1st Nov 2021
The Rs.125.43 crore IPO of Sigachi Industries Ltd, consisting entirely of a fresh issue of Rs.125.43 crore, saw a tremendously strong response on Day-1. As per the combined bid details put out by the BSE, Sigachi Industries Ltd IPO was subscribed 9.5
The Rs.800 crore IPO of SJS Enterprises Ltd, consisting entirely of offer for sale (OFS) of Rs.800 crore, saw a tepid response on Day-1. As per the combined bid details put out by the BSE, SJS Enterprises Ltd IPO was subscribed just 0.32X overall, wi
The Rs.5,625 crore IPO of PB Fintech (Policybazaar & Paisabazaar), consisting of a fresh issue of Rs.3,750 crore and an offer for sale (OFS) of Rs.1,875 crore, saw a decent response on Day-1. As per the combined bid details put out by the BSE, PB
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