22nd Nov 2021
The Rs.1,014 crore IPO of Go Fashion India, consisting of a fresh issue of Rs.125 crore and an offer for sale (OFS) of Rs.889 crore, saw decent response on Day-1 of the IPO and built on it on Day-2. As per the combined bid details put out by the B
Elin Electronics, a company specialized in electronic manufacturing services, has filed draft red herring prospectus (DRHP) with SEBI for its proposed Rs.760 crore IPO. The issue will comprise of Rs.175 crore of fresh and an offer for sale of Rs.585
You could call it the tale of 2 FPI flows. On the one hand, FPIs have been selling heavily in the secondary markets. This selling is on fears that inflation could go up further, Fed and RBI could hike rates sooner and valuation concerns could get ele
In a short span of just 5 years, we, 5paisa Capital Limited (5paisa) have built a trusted, durable and sustainable bond with our customers. This fact is reflected in our pace of customer acquisition – average monthly rate of customer acquisition no
21st Nov 2021
One of India’s largest digital signature authentication companies, e-Mudhra Ltd, has filed its draft red herring prospectus (DRHP) with SEBI for its proposed IPO. Typically, the SEBI approval process takes anywhere between 2-3 months, post which th
Like CarTrade, which had listed on the stock exchanges post its IPO about 3 months back, Droom Technology is also a reputed agnostic platform to buy and sells cars and bikes. Droom Technologies has now filed its DRHP with SEBI for its proposed IPO.
Chennai based Five Star Business Finance Ltd has filed its DRHP with SEBI for its proposed IPO. The Rs.2,752 crore IPO will entirely be an offer for sale by the existing shareholders. Hence, there will be no fresh funds coming and no dilution of e
20th Nov 2021
One of the big success stories during the pandemic has been the online learning companies. Big names like Byju’s, Simplilearn and Vedantu have all seen their valuations grow manifold as students across the board increasingly opted for online learni
Over the last few months, a number of extremely popular digital brands have hit the market and these include Zomato, Paytm, Nykaa and Policybazaar. One more such unicorn to tap the IPO market is API Holding Ltd. While the name of the parent company m
One of India’s major air carriers, Go Airlines, is planning to hit the IPO market. While the DRHP had been filed some time back, it has just filed an addendum to the DRHP which includes some additional items of payment in the utilization of fresh f
19th Nov 2021
One97 Communications (Paytm) had a tepid listing on 18th November and listed at a discount of -9.3, and closed the day sharply lower. While the stock did attempt a bounce during the day, it failed to hold on and just kept falling. With overall subsc
Even as the government and the DIPAM are working overtime to complete the LIC IPO before March 2022, there is a simultaneous plan to privatize another 5 to 6 PSU and to complete the process by January 2022. These are the PSU that have already been
Open Free Demat Account in 5 mins