Fintech News
Moneyview IPO subscribed 98.5x
Qualified institutional buyers (QIBs) drove the demand, subscribing to their portion 227.5x.
TOPIC COVERAGE
#Initial Public Offering
Explore the latest news, in-depth reports, and executive analysis tagged with #Initial Public Offering.
Fintech News
NSE makes muted stock market debut
The listing followed NSE’s Rs 22,561 crore IPO, which was subscribed 5.71 times.
Fintech News
Moneyview raises Rs 327.5 crore from anchor investors
The anchor book saw participation from large domestic mutual funds including SBI Mutual Fund, HDFC Mutual Fund and ICICI Prudential Mutual Fund, among others.
Fintech News
NSE IPO subscribed 5.71 times
The IPO marks the end of NSE’s nearly decade-long wait to go public, after its first IPO attempt in 2016 was stalled by regulatory proceedings.
Fintech News
Moneyview seeks around Rs 6,000 crore valuation as it sets IPO price band at Rs 32-34
The IPO will open on September 24 and close on September 28, while the anchor investor round is scheduled for September 23.
Fintech News
NSE IPO: Exchange allots Rs 6,746 crore worth shares to anchor investors
Life Insurance Corporation of India (LIC) emerged as the largest anchor investor, picking up shares worth Rs 400 crore.
Fintech News
Accel-backed Moneyview cuts IPO size
Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.
Fintech News
InsuranceDekho targets September DRHP filing for Rs 2,500-3,000 crore IPO
The IPO preparations come as InsuranceDekho continues to work on its merger with insurance distribution platform RenewBuy.
Fintech News
Fibe files draft papers for IPO with SEBI
The Pune-headquartered company aims to raise Rs 750 crore through a fresh issue of shares.
Fintech News
Turtlemint raises Rs 397 crore from anchor investors
The company allotted 2.61 crore equity shares to anchor investors at Rs 152 apiece, the upper end of its IPO price band.
Fintech News
Turtlemint cuts OFS size; IPO opens on June 19
The company has fixed the price band at Rs 144-152 per share for the issue.
Fintech News
Razorpay confidentially files for IPO
The Bengaluru-based payments firm is planning to raise around $600-700 million through its proposed public offering at a valuation of $5-6 billion.
Deepdives
Only 6 of 17 new-age IPOs above listing price; investors cash out Rs 16,500 crore
New-age startup IPO class faces a reality check. Stocks have stumbled, yet early investors are cashing out.
AI/Emerging Tech
Anthropic confidentially files for IPO
The filing comes days after Anthropic raised $65 billion at a valuation of $965 billion, making it the world's most valuable AI startup ahead of OpenAI.
Fintech News
Kissht shares jump 12% on stock market debut
The company's IPO, which opened last week, was subscribed over nine times overall.
Fintech News
KKR-backed InCred Holdings files updated draft IPO papers with SEBI
The Bengaluru-based company plans to raise Rs 1,250 crore through a fresh issue of equity shares.
Fintech News
Kissht IPO subscribed over 9 times
Its listing is scheduled on the BSE and NSE on May 8.
Fintech News
Kissht raises Rs 278 crore from anchor investors
Of the total anchor allocation, 57% was allotted to seven domestic mutual funds across 13 schemes, accounting for Rs 158.32 crore.
Fintech News
Kissht cuts IPO size, bids to open April 30
Kissht has cut the fresh issue component from Rs 1,000 crore to Rs 850 crore, while OFS portion has also been reduced from 8.8 million shares to 4.4 million shares.
IPO Tales
Shiprocket IPO: A profitable core, costly emerging bets
Concerns around Shiprocket profitability, the still-evolving nature of its emerging business, heavy dependence on vendors continue to weigh as it prepares for IPO.
Loading More Stories...