Tega Industries IPO created a history when it was oversubscribed by 219.04 times on Friday. In the process, the initial public offer also named a unique feat to its name by receiving the highest bids in a decade from qualified institutional buyers (QIB).
As many as 46 companies have floated their IPOs to raise Rs 80,102 crore in 2021. Market experts believe that the year should close with the Rs 1-lakh crore primary market fundraising.
Hectic fundraising through IPOs will continue next week, with three firms One97 Communications, owner of Paytm; Sapphire Foods India, which operates KFC and Pizza Hut outlets; and Latent View Analytics are set to launch their initial share-sales to collectively mop up about Rs 21,000 crore. This comes after five companies successfully concluded their public offerings
New Delhi, Nov 5: Hectic fundraising through IPOs will continue next week, with three firms — One97 Communications, owner of Paytm; Sapphire Foods India, which operates KFC and Pizza Hut outlets; and Latent View Analytics — are set to launch their initial share-sales to collectively mop up about Rs 21,000 crore. This comes after five companies successfully concluded their public offerings (IPOs) this week. Those five firms are FSN E-Commerce Ventures, which runs online marketplace for beauty and wellness […]