
SME IPO: Crayons Advertising issue oversubscribed 148 times, to list on June 2
The IPO received an overwhelming response from retail and non-institutional investors as quota reserved for them were booked 169.94 times and .94 times, respectively.
The IPO received an overwhelming response from retail and non-institutional investors as quota reserved for them were booked 169.94 times and .94 times, respectively.
The IPO of the pharma company will open for subscription on April 25 and close on April 27.
Ahead of the initial share sale, the company has raised ₹389 crore from anchor investors by allocating 89.27 lakh equity shares to 24 funds at ₹436 apiece.
The ₹865 crore IPO of Avalon Technologies will open on April 3, which comprises fresh issue of equity shares worth ₹320 crore and an offer for sale aggregating up to ₹545 crore.
If Tata Technologies' public offer succeeds, it would be the first from Tata Group since TCS in 2004.
The IPO of Uniparts India was fully subscribed by 25.32 times on the back of strong demand from qualified institutional buyers.
The logistics and supply chain company aims to raise ₹5,235 crore from the IPO, which is a reduction from ₹7,460 planned earlier.
LIC is likely to launch its IPO in March this year and it is expected to file its draft red herring prospectus (DRHP) with the market regulator by next week.