Nasrin Sultana
Stories by Nasrin Sultana
Will anchor investors desert Indian cos as mega IPO lock-ins expire?
The newly listed firms may face higher volatility as the lock-in for their anchor investors ends.
India: PB Fintech makes stock market debut at 17% premium
The stock was listed at ₹1,150, a 17.34% premium over its issue price of ₹980 apiece.
Indian firms raise $3.6b via IPO route this year, highest in a decade
Most of the funds raised via IPOs were used to offer an exit to PE/VC firms.
Indian F&B chain Barbeque Nation IPO hopes to tap frenzy in sector
Barbeque Nation has raised ₹202 crore from 15 anchor investors ahead of the issue opening.
India: IIFL, Axis Securities win bids to acquire accounts of Karvy Stock Broking
While IIFL will get the demat accounts of Karvy with depositories NSDL and CDSL, Axis Securities will obtain the trading or broking accounts.
Indigo Paints makes bumper Indian stock market debut, lists at 75% premium
The IPO included an OFS of up to 5.84m shares by Sequoia India, SCI Investments V, and Hemant Jalan.
Indigo Paints looks to raise $203m from Indian IPO, fixes price band
Indigo Paints is the fifth-largest player in Indian decorative paints based on revenues.
India: After stellar IPO, Mrs Bectors Food lists at 74% premium over issue price
The IPO to raise $73m was subscribed 198 times.
India: Mrs Bectors Food’s $73m IPO to open on December 15
Price band of the IPO has been fixed at Rs286 to Rs288 per share.
India’s Equitas Small Finance Bank lists at 6% below issue price
The IPO to raise $70m was subscribed 1.95 times.