News for 'Initial Public Offering'

Street Signs: Market on edge, unveiling fund manager strategies, and more

Street Signs: Market on edge, unveiling fund manager strategies, and more

Rediff.com25 Mar 2024

In addition to regulatory actions against small and midcaps, tighter liquidity conditions are another headwind that stocks are facing this month. Market observers say advance tax outflows and capital gains-related adjustments will weigh on the markets in the near term.

Investing in IPOs? Read this

Investing in IPOs? Read this

Rediff.com18 Sep 2024

IPOs inherently carry more risks than stocks that have been listed on the exchanges for some time.

Space Industry Thrilled With FM Plans

Space Industry Thrilled With FM Plans

Rediff.com1 Feb 2025

'The scrapping of import duty would help Indian companies compete in international markets, thus paving the way for India becoming a space manufacturing hub for the world.'

Sebi rejects NSE's proposal to extend trading hours

Sebi rejects NSE's proposal to extend trading hours

Rediff.com7 May 2024

Capital markets regulator Sebi has rejected a proposal by the National Stock Exchange (NSE) to extend the trading hours in the equity derivatives segment citing a lack of feedback from the stock brokers community. "Currently, there is no plan to extend the timings as Sebi has returned our application as the stock brokers have not given the feedback that Sebi wanted. "So, as of now, the extended time frame (plan) is shelved," NSE MD and CEO Ashishkumar Chauhan said in a post-earnings analysts call.

This phase will...: SC judges visit strife-torn Manipur

This phase will...: SC judges visit strife-torn Manipur

Rediff.com22 Mar 2025

Supreme Court judge, Justice B R Gavai, expressed hope that the "current difficult phase" in ethnic strife-torn Manipur will be over soon with the assistance of the executive, legislature and judiciary and the state will prosper like the rest of the country. Justice Gavai, who led a delegation of Supreme Court judges that visited Manipur, called upon the people of the state to work together to restore peace and harmony. He also urged the people of the state to work together to restore peace and normalcy, and lauded the natural beauty he witnessed while travelling from Imphal to Churachandpur. He expressed delight in noting that training programmes were being imparted at the relief camps, and thanked the Chief Justice of Manipur High Court and the district legal services authority for their efforts. Justice Gavai also stressed the need for readmission of students who had to drop out of school due to the conflict and called upon the educational institutions and the public to ensure all students complete their education.

RPG retail firm plans public float

RPG retail firm plans public float

Rediff.com14 Nov 2003

Ant Financial's stake value declines to Rs 2,742 crore on Paytm woes

Ant Financial's stake value declines to Rs 2,742 crore on Paytm woes

Rediff.com13 Feb 2024

The Chinese financial giant, which had invested in One 97 Communications since 2015, has seen a sharp decline of 45 per cent, or Rs 2,125 crore, in its stake value since the Reserve Bank of India (RBI) took action against Paytm Payments Bank on January 31. One 97 shares closed at Rs 422.6 a share on Monday. The Chinese company, however, had sold its stake worth Rs 8,293 crore in three tranches over one year.

History in Minutes: The Meerut Conspiracy Case

History in Minutes: The Meerut Conspiracy Case

Rediff.com18 Mar 2025

The Meerut Conspiracy Case was aimed at curbing communist influence in India. However, it fueled nationwide sympathy, shaping the course of leftist politics in the country.

WeWork's exit from India unit unlikely to impact domestic co-working market

WeWork's exit from India unit unlikely to impact domestic co-working market

Rediff.com25 Jun 2024

The exit of WeWork from its India unit is unlikely to have an impact on the country's co-working real estate market, according to industry executives. The company last week received approval from the Competition Commission of India (CCI) to sell its entire 27.5 per cent stake in the India unit to Real Trustee Advisory Company. The majority of the stake (72.5 per cent) in WeWork India is owned by Bengaluru-based Embassy Group.

'PSB is exploring digital lending solutions'

'PSB is exploring digital lending solutions'

Rediff.com5 Feb 2025

'We plan to launch new initiatives, including cash flow-based lending, to ensure borrowers are not burdened and can access funds more quickly.'

Lavasa files prospectus for Rs 2,000-cr public off

Lavasa files prospectus for Rs 2,000-cr public off

Rediff.com15 Sep 2010

Lavasa Corporation, the real estate arm of Hindustan Construction Company (HCC), filed a draft prospectus with the Securities and Exchange Board of India for an initial public offer (IPO), even after several developers have been keeping similar plans, after filing these, on hold for several months.

'US-India initiatives will face new scrutiny'

'US-India initiatives will face new scrutiny'

Rediff.com5 Dec 2023

'This incident offers ammunition to those inside the US government and elsewhere who question the wisdom of trusting India, so it will have a lasting consequence no matter how it is managed.'

Shares of Zomato rise above their IPO price after more than a year

Shares of Zomato rise above their IPO price after more than a year

Rediff.com9 Jun 2023

Shares of online food delivery aggregator Zomato rose above their initial public offering price after more than a year. The stock hit an intraday high of Rs 76.3 per share before settling at Rs 75.8. The company had priced its shares at Rs 76 during Rs 9,375-crore IPO in July 2021.

Public issue norms set to be eased

Public issue norms set to be eased

Rediff.com26 Mar 2003

Two Insurers Announce Investment In Bima Sugam

Two Insurers Announce Investment In Bima Sugam

Rediff.com14 Mar 2025

New India Assurance and Niva Bupa have invested in the Bima Sugam India Federation.

Greenland Anger Forces US To Trim Trip

Greenland Anger Forces US To Trim Trip

Rediff.com27 Mar 2025

Confronted by outrage in Greenland, the US has scaled down a proposed visit to the island.

Sebi's 2024 review: Push for reforms continued despite controversies

Sebi's 2024 review: Push for reforms continued despite controversies

Rediff.com31 Dec 2024

In 2024, the Securities and Exchange Board of India (Sebi) implemented significant reforms, focusing on cooling down the derivatives segment, enhancing transparency and accountability in small and midsised enterprise (SME) listings, and deepening the fund management ecosystem.

IPO Boom Fuel Investment Bankers' Fortunes

IPO Boom Fuel Investment Bankers' Fortunes

Rediff.com21 Aug 2024

So far this year, bankers have earned Rs 1,226 crore for handling 45 IPOs, which together mobilised Rs 48,363 crore.

Google stock offering at $295 per share

Google stock offering at $295 per share

Rediff.com15 Sep 2005

Google Inc priced a follow-up stock offering of 14.16 million shares at $295, offering investors a slight discount from the online search engine leader's recent market value.

'In Equity Markets, One Has To Be Patient'

'In Equity Markets, One Has To Be Patient'

Rediff.com12 Nov 2024

'While investors need to be prepared for making some losses, they should not lose big money chasing euphoria amid fear of missing out.'

Trump Has Become A Reset Button

Trump Has Become A Reset Button

Rediff.com11 Apr 2025

Trump's sweeping tariffs and penalties on China-built ships have turned global shipping into the front line of economic war, observes Shyam G Menon.

13 companies set to launch IPOs to raise Rs 8,644 cr

13 companies set to launch IPOs to raise Rs 8,644 cr

Rediff.com8 Sep 2024

The IPO market will be bustling next week, with four companies, including Bajaj Housing Finance, set to launch their initial share-sale to raise a total of Rs 8,390 crore. Besides these four main-board IPOs, nine SMEs are preparing to debut with their maiden public issues next week, targeting to collect Rs 254 crore. Together, these 13 firms are looking to raise Rs 8,644 crore through IPO.

Sebi puts NSDL's IPO in abeyance

Sebi puts NSDL's IPO in abeyance

Rediff.com3 Aug 2023

Capital markets regulator Sebi has kept in 'abeyance' the proposed initial share sale of securities depository NSDL. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The National Securities Depository Ltd (NSDL) filed its preliminary papers with the capital markets regulator on July 7.

IPOs: Record Rs 32,000 Crore Raised in 1st Half

IPOs: Record Rs 32,000 Crore Raised in 1st Half

Rediff.com25 Jun 2024

This year's tally is the second best ever after 2022 when 16 firms raised Rs 40,311 crore, led by LIC's biggest-ever IPO.

Should You Invest In SME IPOs?

Should You Invest In SME IPOs?

Rediff.com4 Oct 2024

'Many do not have robust business models, and their prospects of survival and long-term growth are poor.'

LIC IPO: Overall subscription at 66% on Day 1

LIC IPO: Overall subscription at 66% on Day 1

Rediff.com4 May 2022

LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 66 per cent. The government aims to generate about Rs 21,000 crore by selling 3.5 per cent stake in the insurance behemoth. The LIC initial public offering (IPO), open for retail and institutional investors, is set to close on May 9. The issue period also includes bidding on Saturday, May 7.

'Hiring In IT Services, GCCs 30% Higher'

'Hiring In IT Services, GCCs 30% Higher'

Rediff.com23 Jan 2025

'A major IT services firm that previously had a demand of 1,000 to 2,000 employees now requires 7,000 to 8,000 -- a sizeable jump from the previous quarter.'

'Nobody Has The Right To Criticise My Dance Because Of My Skin Colour'

'Nobody Has The Right To Criticise My Dance Because Of My Skin Colour'

Rediff.com14 Mar 2025

This is the story of a man who fought racism and casteism throughout his life to become a professor of Bharata Natyam at the premier centre for performing arts in India, the Kerala Kalamandalam.

10 Stocks That Soared While Market Sank

10 Stocks That Soared While Market Sank

Rediff.com24 Mar 2025

The stocks are largely from sectors such as chemicals, finance and cement, which struggled earlier but the worse seems to be behind them.

OYO to file for up to $1.2 bn-IPO next week

OYO to file for up to $1.2 bn-IPO next week

Rediff.com23 Sep 2021

Hospitality firm OYO is planning to raise up to $1.2 billion (around Rs 8,000 crore) through an initial public offering and is expected to file the draft red herring prospectus with Sebi next week, sources told PTI on Thursday. OYO has appointed investment banks like JPMorgan, Citi and Kotak Mahindra Capital to manage its public issue, they added. Comments from OYO could not be obtained at the time of filing the story. The proposed initial public offer (IPO) plan of the hospitality firm follows the spectacular success of Zomato's IPO that ended with a bumper oversubscription on July 16, and was biggest since March 2020.

India protests Bangladesh govt aide's territorial claim

India protests Bangladesh govt aide's territorial claim

Rediff.com20 Dec 2024

India has lodged a strong protest with Bangladesh over a now-deleted social media post by a key aide of Bangladesh's interim government that claimed certain areas of Indian territory should be part of that country. The post, which included a map showing parts of West Bengal, Tripura, and Assam as belonging to Bangladesh, was made by Mahfuz Alam, a de facto minister in the Muhammad Yunus-led interim government. The post sparked backlash and was subsequently deleted. India's External Affairs Ministry spokesperson Randhir Jaiswal reminded all concerned to be "mindful" of their public comments and emphasized the need for responsibility in public articulation.

Encroachment drive launched around Sambhal mosque amid tension

Encroachment drive launched around Sambhal mosque amid tension

Rediff.com15 Dec 2024

Weeks after violent clashes over a court-ordered survey of the Shahi Jama Masjid, the district administration in Sambhal, Uttar Pradesh, has launched a campaign against encroachments and illegal power theft in the area around the historic mosque. The administration began removing encroachments on Sunday morning, focusing on clearing drains outside houses and shops. The operation uncovered an illegal stockpile of domestic gas cylinders in a house, and the electricity department unearthed illegal connections in four mosques and a madrasa. The Bhasma Shankar temple, which was reopened by the district administration, has resumed regular worship.

Microfinance lender's IPO oversubscribed 126 times!

Microfinance lender's IPO oversubscribed 126 times!

Rediff.com4 Dec 2019

Ujjivan Small Finance Bank's initial public offering attracted heavy investor demand on the final day of bidding on Wednesday as the issue was subscribed a whopping 126.36 times.

'Expect Sensex to cross 100,000 in next 2-3 years'

'Expect Sensex to cross 100,000 in next 2-3 years'

Rediff.com1 Sep 2024

'Subject to any worldwide economic collapse.'

IPO mop-up rises 20% to Rs 62,000 cr in FY24

IPO mop-up rises 20% to Rs 62,000 cr in FY24

Rediff.com3 Apr 2024

Equity fundraising through initial public offerings (IPOs) rose 20 per cent during the financial year 2023-24 (FY24). During the period, 76 Indian corporates raised Rs 61,915 crore through main board IPOs, compared to Rs 52,116 crore mobilised by 37 IPOs in 2022-23, as disclosed by PRIME Database. However, if one excludes the mega Life Insurance Corporation (LIC) IPO, which came out in 2022-23, IPO mobilisation increased by 58 per cent from last year.

'Saugat e Modi Is Not Muslim Appeasement'

'Saugat e Modi Is Not Muslim Appeasement'

Rediff.com28 Mar 2025

'During Eid Muslims get Eidi, but Opposition parties never gave that to them.' 'When PM Modi is giving Eidi to Muslims Opposition leaders are getting upset.'