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Latest IPO News

1. Stocks of four IPOs recently listed fall before anchor lock-in expiry<br>2. BoAt is planning an IPO and estimates a valuation of almost $1.4 bn<br>3. India is looking for foreign institutional investment up to 20% in LIC IPO<br>4. Sansera Engineering IPO will open Sept 14<br>5. Paytm appoints business heads prior to IPO<br><br>For more information visit- https://entrackr.com/

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Latest IPO News

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  1. Latest IPO News StocksoffourIPOsrecentlylistedfallbeforeanchorlock-inexpiry Fourcompanieswhomadetheirstockmarketdebutlastmonthsawtheirsharesfall,justbeforethelock-inperiodendedforanchorinvestors.KrsnaaDiagnosticsandWindlasBiotechlostbetweenoneandthreepercentduringThursday'strade.Ontheotherhand,theNiftySmallcap100indexrose0.64percent.Allfourcompanieswillbeabletolockintheiranchorinvestorsfora30-dayperiodonMonday. BoAtisplanninganIPOandestimatesavaluationofalmost$1.4bn BoAtisoneofIndia'stop-sellingearwearbrandsandwearablecategories.Oneofthreepeoplespokeonconditionofanonymitytosaythattheyarelookingatavaluationaround$1.4billion(aroundRs10,000crores)fortheirIPO,whichisexpectedbetweenMarchandJunenextyear. Indiaislookingforforeigninstitutionalinvestmentupto20%inLICIPO Accordingtoagovernmentsource,thegovernmentmayallowforeigninstitutionalinvestmentsofupto20%toLifeInsuranceCorporation.India'slargest-everIPOisexpectedtobethelistingofLIC.ThegovernmentaimstoraiseRs.Itsstakesalewillbringin900billiondollars($12.24

  2. billion).Thiswillmakeiteasierforfund-raisingtobecompletedfortheIPOthatthegovernmenthasplannedforthecompany,mostlikelyduringthecurrentfinancialyear.DuetoconcernsabouttheabilityoftheIndianstockmarketstoabsorbsuchanoffering,investorswillbeofferedtwoportionsoftheIPO.billion).Thiswillmakeiteasierforfund-raisingtobecompletedfortheIPOthatthegovernmenthasplannedforthecompany,mostlikelyduringthecurrentfinancialyear.DuetoconcernsabouttheabilityoftheIndianstockmarketstoabsorbsuchanoffering,investorswillbeofferedtwoportionsoftheIPO. • AlsoRead:Latest updatesonOnlineEducation • SanseraEngineeringIPOwillopenSept14 • SanseraEngineering'sinitialpublicoffering(IPO),willbemadeavailabletotheprimarymarketstartingTuesday,September14.ThepricerangefortheofferisRs734-744perunit.TheBengaluru-basedcompany'sIPOislookingtosell17,244,328sharesfromitsexistingshareholdersandpromoters.TheOFSisopentoexistinginvestors,includingClientEbeneandCVCIGPIIEmployeesEbene.PromotersincludeUnniRajagopal,UnniSinghviandDDevaraj. • PaytmappointsbusinessheadspriortoIPO • One97Communications,thecompanythatownsPaytm's brand,haspromotedatleastfourpeopletothepositionaschiefbusinessofficer(CBO),foritsvariousverticalsaheadofitseagerlyawaitedNovember-listing. • ReadlatestPaytmnews: • Paytmsetsupseparatesubsidiaryfor itspayment aggregatorbusiness • AccordingtotheirLinkedinprofiles,founderVijayShekharSharma'sbrotherAjayShekharSharmaandRipunjaiGaurwereelevatedtoCBOinthelastmonthfromseniorvice-presidentpositions. • FollowusatEntrackrtokeepupdatedonLatest StartupandIPOnews.

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