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India to see record-breaking IPO fundraising in 2025 exceeding Rs 2 lakh crore

by AIP Online Bureau | Dec 28, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

Of the 91 issues, six have delivered returns exceeding 100 per cent over their issue prices. More than two-thirds of the stocks have delivered positive returns against their issue prices, according to the report Mumbai: India is on track to become the world’s...

Niva Bupa shares jump 6 pc in market debut

by AIP Online Bureau | Nov 14, 2024 | Health, Indian News, Wealth Management/ Philanthropy

The Rs 2,200-crore initial public offering of Niva Bupa Health Insurance got subscribed 1.80 times on the closing day of share sale on Monday.The Initial Public Offering (IPO) had a price band of Rs 70-74 per share New Delhi: Shares of Niva Bupa Health Insurance...
Niva Bupa Health Insurance files draft prospectus with Sebi for a Rs 3,000 crore IPO

Niva Bupa Health Insurance files draft prospectus with Sebi for a Rs 3,000 crore IPO

by AIP Online Bureau | Jul 2, 2024 | Health, Indian News, Non-Life, Wealth Management/ Philanthropy

The IPO with a face value of Rs 10 each is a mix of fresh issuance of Rs 800 crore and an offer for sale of up to Rs 2,200 crore by promoter and investor selling shareholders.The offer for sale consists of up to Rs 320 crore by Bupa Singapore Holdings Pte. Ltd., and...
SBI to monetise subsidiaries after scaling up their businesses, no IPO for SBI General this year: Chairman

SBI to monetise subsidiaries after scaling up their businesses, no IPO for SBI General this year: Chairman

by AIP Online Bureau | Jun 16, 2024 | Banking & Bancassurance, Indian News, Non-Life, Technology, Wealth Management/ Philanthropy

Dinesh Kumar Khara,Chairman,State Bank of India This move is anticipated to enhance valuation and deliver superior returns for the parent company, State Bank of India Mumbai: SBI Chairman Dinesh Kumar Khara has announced a strategic delay in monetizing the...

Hyundai Motor India files for landmark IPO expected to surpass LIC’s record

by AIP Online Bureau | Jun 16, 2024 | Data, Eco/Invest/Demography, Wealth Management/ Philanthropy

The planned IPO is structured entirely as an offer for sale (OFS) involving 142,194,700 equity shares by Hyundai Motor Company, as detailed in the draft red herring prospectus (DRHP). Notably, there is no fresh issue component in this offering Mumbai: Hyundai Motor...
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