Wakefit Raises Rs 580 Cr From Anchors Ahead Of IPO
Wakefit secures Rs 580 crore from anchor investors ahead of its Dec 8–10 IPO, valuing the home furnishings firm at about Rs 6,400 crore.
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National
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Emerging Markets & Geopolitical Tensions Drive Gold Prices Above Traditional Fair Value
- by BW Retail World Bureau
- April 15, 2024
Gold prices have experienced a notable surge in recent weeks, with the yellow metal witnessing an increase of over 11 per cent in India alone. A recent report from Goldman Sachs highlights that this surge is not solely driven by traditional factors, indicating a shift in the dynamics of the gold market. The report underscores […]
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FMCG
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Gopal Snacks To Launch IPO On 6 March
- by BW Retail World Bureau
- March 1, 2024
Gopal Snacks has revealed that it will launch its initial public offering (IPO), which got regulatory permission earlier this year, on 6 March. The edition will be available for public subscription until 11 March. The price range for the public offer, which is essentially an offer for sale (OFS) of up to Rs 650 crore, will be revealed on […]
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Apeejay Surrendra Park IPO Open For Subscription, Aims To Raise Rs 920 Cr
- by BW Retail World Bureau
- February 6, 2024
The first mainboard initial public offering (IPO) of the month, Apeejay Surrendra Park opened for the public subscription on 5 February in an attempt to raise Rs 920 crore with the combination of fresh issuance and offer-for-sale (OFS) component. The issue raised Rs 409 crore in the anchor round on 2 February, whereas the retail […]
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Motisons Jewellers IPO To Open 18 December
- by BW Retail World Bureau
- December 12, 2023
Motisons Jewellers will open its initial public offering (IPO) for subscription from 18 December to 20 December, with the allocation to anchor investors scheduled for December 15. The Jaipur-based retail jeweler, which filed its Draft Red Herring Prospectus (DRHP) in March and obtained regulatory approval in September, raised Rs 33 crore in a pre-IPO funding […]
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Cello World Shares Make Stock Exchange Debut At 28% Premium
- by BW Retail World Bureau
- November 7, 2023
Shares of consumer ware firm Cello World made their stock exchange debut on Monday with a premium of around 28 per cent against its initial public offering (IPO) issue price. The shares were listed at around Rs 831, over its issue price of Rs 648 on the Indian exchanges. At the time of filing the […]
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Retail
Mamaearth IPO Fully Subscribed On Day 3, Retail Investors Drive Demand
- by BW Retail World Bureau
- November 3, 2023
Shares of Honasa Consumer, which owns the brand Mamaearth, were fully subscribed on Day 3 of its initial public offering. Data showed the company’s public issue has so far been subscribed over 7 times, with retail investors at 1.13 times, non-institutional buyers 3.94 times, and qualified institutions at 11.50 times. The public issue of the […]
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JSW Infrastructure IPO Fully Subscribed On Day 2
- by BW Retail World Bureau
- September 27, 2023
Shares of JSW Infrastructure that were up as part of its initial public offering are being fully subscribed on Day 2. Data shows the Sajjan Jindal-owned company’s public issue has so far been subscribed 2.13 times. Twenty-four companies have so far listed on Indian exchanges in 2023 and most of them have delivered firm returns […]