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Wednesday, April 24, 2024
TopicInitial Public Offering

Topic: Initial Public Offering

LIC isn’t alone, shares of half the PSUs that went public since 2010 trading below IPO price

Only seven of 22 PSU stocks are currently trading at double their issue price. LIC, the much-awaited IPO, managed to garner Rs 20,560 crore.

Paytm shares crash 27% on first day of trading after historic IPO

Paytm shares sank to Rs 1,560.8 compared with the IPO price of Rs 2,150. Retail investors who piled into the offering are now sitting on heavy losses.

With food delivery bouncing back, Zomato plans IPO next year

Tech companies such as Zomato are set to raise more capital via IPOs in 2020 than at the height of the dotcom bubble.

Smartphones, not distinctive internet features, are the future of Xiaomi

For the June quarter, Xiaomi’s year-over-year growth is not in syc with the percentage increase in smartphone shipments. 

On Camera

Climate change doesn’t just affect poor people, farmers. Cities and banks aren’t safe either

In India, only 17% of public sector banks and 25% of private sector banks claimed to have an internal strategy for integrating climate risks into their risk management framework.

Economists vs statisticians — the battle being fought over the soul of India’s GDP data

Economists say there are weaknesses in India’s GDP data. But statisticians claim the accusations are based on flawed understanding, saying while GDP has problems, the economists are looking in the wrong places.

India, Oman hold 5th annual high-level meeting to boost maritime security

Both the governments expressed their commitment to strengthening their maritime cooperation to strengthen the maritime safety and security framework in the region.

These 6 states are key for Modi’s ‘400 paar’ target. They’re also where Opposition can stop him

While this contest looks so predictable in large swathes of our political landscape, it is also more keenly contested than 2019 in some states.