Indegene IPO subscribed 70 times on final day; TBO Tek booked 1.15x on Day 1
The IPO of Aadhar Housing Finance garnered a subdued response from investors on the first day of bidding, with the issue subscribing by 0.44 times.
The IPO of Aadhar Housing Finance garnered a subdued response from investors on the first day of bidding, with the issue subscribing by 0.44 times.
Ahead of opening of the IPOs, TBO Tek has raised ₹696.51 crore via anchor book, while Aadhar Housing Finance garnered ₹897.9 crore from anchor investors.
The Bengaluru-based healthcare tech firm has allotted 1.2 crore shares to 36 anchor investors at the upper price band of ₹452 per equity share.
The travel distribution platform looks to raise ₹1,550.81 crore via IPO at the upper end of the price band.
The three-day IPO of Aadhar Housing Finance will open on May 8, while shares are expected to list on May 15.
Asirvad Micro Finance plans to raise ₹1,500 crore via IPO, which is a completely fresh issue of equity shares with no offer for sale (OFS) component.
The shares of JNK India listed at ₹621 on the NSE, a premium of 49.6% over the IPO price of ₹415 apiece.
The IPO of the Bengaluru-based firm comprises a fresh issue of equity shares worth up to ₹760 crore and an offer for sale (OFS) component of ₹1,082 crore.
Awfis IPO comprises a fresh issue of up to ₹160 crore and an OFS of up to 10.02 crore shares by existing shareholders.
Solar module manufacturer Premier Energies plans to raise more than ₹1,500 crore via IPO, while yarn manufacturer Sanathan Textiles eyes to raise ₹800 crore.