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Easy Trip Planners: Online Travel Portal Shares Have Surged To Post-IPO High But Pandemic Continues To Pose Significant Risks swarajyamag.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from swarajyamag.com Daily Mail and Mail on Sunday newspapers.
Internet initial public offering (IPO) news is coming from all corners: Flipkart, PolicyBazaar, Zomato, Ola, Freshworks, PepperFry, Nykaa and Delhivery are all at various stages of finalising their plans. According to an HSBC Global Research report, more than $60 billion was invested in India’s internet sector in the past five years – around $12 billion of that in 2020 alone. There were 34 unicorns in India as of February, according to research firm Tracxn. However, there is a bump. Most Indian start-ups are loss-making. Securities and Exchange Board of India (Sebi) rules make it nearly impossible for loss-making companies to list on Indian bourses National Stock Exchange (NSE) and BSE. Also, a set of Indian start-ups are listed in Singapore or held by a holding company there; these cannot list in India. ....
India Sees 19 IPOs Worth $1.84 Bn In 2020 December Quarter: Report India ranks ninth globally in terms of the number of IPOs in 2020 with 43 IPOs raising USD 4.09 billion, as per the report. PTI 24 January 2021 File photo PTI 2021-01-24T16:22:43+05:30 India Sees 19 IPOs Worth $1.84 Bn In 2020 December Quarter: Report outlookindia.com 2021-01-24T16:26:42+05:30 Reflecting strong momentum, India witnessed 19 initial public offers worth USD 1.84 billion in the fourth quarter of 2020 and market sentiment remains positive in what could be a stellar 2021, according to a report. Leading consultancy EY s India IPO Trends Report: Q4 2020 showed that there were a total of 10 Initial Public Offers (IPOs) in the main market and 9 in the SME (Small and Medium Enterprises) segment during this period. ....
Updated Jan 21, 2021 | 17:04 IST Stove Kraft IPO news: Investors can bid for a minimum of 38 equity shares and in multiples of 38 shares. The price band of the issue has been fixed at at Rs 384-385 per share. Stove Kraft IPO: Know price band, issue date, offer details | Photo Credit: Representative Image Kitchen appliances brand Stove Kraft will launch its initial public offering (IPO) on January 25. This will be fourth such offering after Indian Railway Finance Corporation (IRFC), Indigo Paints, and Home First Finance Company IPOs hit the market in the month of January. While the Rs 4,633-crore IRFC issue, which closed on Wednesday, was subscribed 3.49 times on the final day of bidding, Indigo Paints is open for subscription and Home First Finance opened on Thursday. ....