Saturday, 1 October, 2022
TopicIPO

Topic: IPO

Zomato, PayTM, Nykaa — how investors have lost big time after these big tech IPOs

Analysis of 6 major tech IPO launches of 2021 — Zomato, Paytm, Nykaa, Fino Payments Bank, Policy Bazaar and CarTrade Tech — shows investor euphoria could be fading.

Gautam Adani’s food venture Adani Wilmar is best-performing IPO in Asia

The food company has almost tripled since its debut and outperformed 121 Asian initial public offerings worth over $100 million this year.

LIC shares slump in market debut after record Rs 205.6 billion India IPO

The shares fell as much as 9.4% to Rs 860 versus their IPO price of 949, before paring about half of the losses. LIC is the fourth-largest deal among global IPOs priced this year.

SPACs are all the rage to list companies on stock exchange – India must not turn a blind eye

Special Purpose Acquisition Companies, or SPACs, offer target companies a swift and hassle-free mechanism to list on stock exchanges.

Rajesh Jain, India’s dotcom-era pioneer, preps second startup for launch in coming year

Netcore Cloud Pvt. is a software-as-a-service, or SaaS, that specialises in offering customer communication and engagement solutions to businesses.

As Modi govt revisits LIC IPO timing, experts say best to delay it due to market volatility

A group of ministers is likely to meet on 4-5 March to decide whether the govt should go ahead with the IPO, as foreign portfolio investors could be key to its success.

IPO mania in India gets reality check after a series of high-profile startups tank

Prominent tech startups, including Oyo Hotels and Delhivery, are pushing back their IPO and preparing to reappraise target valuations amid battering received by newly listed firms.

LIC IPO draft prospectus, final regulatory approval aimed for next week

Move comes after FM Sitharaman sharply reduced asset-sale targets at budget announcement, raising questions about how much she plans to raise from the LIC IPO.

The LIC story — history, valuation & why its IPO, India’s biggest, matters for Modi govt

LIC IPO is supposed to be India's biggest-ever public issue. The government plans to sell anywhere between 5-10% stake in the insurer, which could fetch it around Rs 1 lakh crore.

Inside the all-out campaign to prepare for LIC’s mega IPO

A knock-out listing could see LIC raise as much as $10 billion from the IPO with a minimum dilution of 5%. That would make it the third biggest globally involving an insurer.

On Camera

YourTurn

Wild elephants monitored under thermal UAVs in Maharashtra | RESQ Charitable Trust

We monitored wild elephants, leopards in villages with thermal drones first time in Maharashtra

Whether it's monitoring wildlife, mitigating conflict, capturing of wildlife on field, UAVs are effective tools to complement existing on-ground efforts.
A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

File photo of former Air Chief Marshal RKS Bhadauria after flying a MiG-21 of 51 Squadron at the Srinagar airbase | ANI

Famed IAF pilot Abhinandan Varthaman’s MiG-21 Squadron bows out from Srinagar today

Known as the ‘Sword Arms’, number-plating of the squadron was done Friday. It has made way for MiG-29s to be the new 'guardian of the Valley'.

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.
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