Tata Capital authorized the plans for an IPO on February 25. The plan would include both a new issue of 23 crore equity shares and an offer for sale by current shareholders. According to the board’s decision, current owners will receive shares valued up to Rs 1,504 crore on a rights basis. Interestingly, following Tata…
Data from the Prime Database indicates that about Rs 1.80 lakh crore worth of public issues already have Sebi approval or are awaiting a nod, making 2025 likely to be another record year for IPOs in India. This year’s pipeline includes 28 businesses that, after their public offerings were cleared by the capital market regulator,…
The growing interest in the unlisted sector has led to several smaller businesses using creative strategies to reach small investors. Sensex and Nifty are examples of benchmarks that follow the trend of the unlisted market, and low-ticket investment value is another. Notable companies in the index include Tata Capital, NSE India, Boat, Capgemini, and PharmEasy….
The enthusiasm for businesses going public is still strong, with an IPO pipeline worth over Rs 1.5 lakh crore scheduled for the next year, despite the Indian market experiencing severe volatility after an 18-month dream run. 34 firms have already obtained the necessary Securities and Exchange Board of India (SEBI) approval for initial public offerings…
The company’s renewable energy division, NTPC Green Energy, recovered well from a lackluster stock exchange debut. Within 30 minutes after listing, the shares were up 13.65% and had reached the upper circuit of Rs 122.75 on the BSE. Likewise, the shares went up 13.56% to Rs 122.65 on the NSE, which was a substantial increase…
By FY27, the IPO-bound NTPC Green Energy (NGEL) intends to invest Rs 1 lakh crore in new initiatives and capacity expansion in areas like green hydrogen and storage projects. Gurdeep Singh, chairman and managing director, stated on Wednesday that the company, which currently has an operating capacity of 3.3 gigawatts (GW), aims to quadruple that…
Following many orders worth Rs 560 crore being obtained by its subsidiaries, Premier Energies surged 7.8% to an intraday high of Rs 1,160. Premier Energies International and Premier Energies Photovoltaic, the company’s wholly-owned subsidiaries, were awarded numerous orders by two sizable independent power producers. The subsidiaries of Premier Energies Limited, Premier Energies International Private Ltd.,…
The Securities and Exchange Board of India (SEBI) has approved NTPC Green Energy, the company’s renewable energy business, to move on with its eagerly awaited initial public offering (IPO). The company intends to raise Rs 10,000 crore through the issuance, having first submitted its draft documents to SEBI on September 18, 2024. The IPO will…
With 82 firms raising an astounding Rs 1.08 trillion, Samvat 2080 has become a huge year for the Indian primary market. Given that several initial public offerings (IPOs) are still available for subscription before the year ends, this number is expected to rise. Leading the surge was Hyundai Motors, a South Korean manufacturer that made…
Comparing the CNX 500 index to the 30 IPOs, just twelve of them, in terms of issue size, were able to provide investors with returns. From a different perspective, 60% of IPOs have not been able to outperform the CNX500 since their introduction. Thirty-one IPOs have had eight negative returns. Reliance Power destroyed the most…
