The Rs.1,013.61 crore IPO of Go Fashion (India), consisting of a fresh issue of Rs.125 crore and an offer for sale (OFS) of Rs.888.61 crore, was subscribed 135.46X overall at the close of bidding on 22nd November. The basis of allotment will be final

Tracxn Technologies, which had filed DRHP with SEBI for its proposed IPO in mid-Aug 2021 has got SEBI approval for its IPO. Here is what you need to know. Seven thing to know about the Tracxn Technologies IPO 1) The Tracxn Technologie

Puranik Builders, which had filed its DRHP with SEBI in September this year, has got approval for its proposed IPO. Incidentally, this is the third attempt made by the company to tap the IPO market. Here is a gist of the Puranik Builders IPO.

MedPlus Health Services, which had filed DRHP with SEBI for its proposed Rs.1,639 crore IPO, has got SEBI observations. In the IPO parlance, SEBI observations is tantamount to an IPO approval. Here are some key points to note about the IPO. 1)&nbs

In a move that could set the tone for the new paradigm in the telecom industry, Bharti Airtel took the lead in raising pre-paid tariffs by 20-25. These new tariffs would be effective from 26-November. The pre-paid set of customers are normally th

In a move that was not exactly surprising, Reliance Industries and Saudi Aramco, have mutually decided to rework and reassess their agreement . Under the 2019 original deal, Reliance was to sell 20 in its oil-to-chemicals business to Saudi Aramco fo

The Honourable Supreme Court has allowed the government of India to sell its residual stake in Hindustan Zinc Ltd. The government and DIPAM are yet to take a call on whether this stake sale would be in a single tranche or in multiple tranches. The

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

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