The IPO could sail through as the subscription details showed robust institutional demand, with the qualified institutional buyer (QIB) segment bidding for 6.97 times the shares on offer.
A qualified institutional buyer (QIB) is an experienced investor, exempt from certain regulatory protections. QIBs are typically institutions managing at least $100 million in securities ...
Freshara Agro Exports' IPO opened on October 17 and has already attracted significant investor interest. The issue aims to ...
The maiden share sale by the Indian arm of South Korean automaker Hyundai is the largest IPO in the country, surpassing LIC's ...
The U.S. Securities and Exchange Commission (SEC) requires that an entity meet one of the following requirements to qualify as a QIB: Any of the following entities, acting for its own account or the ...
Edelweiss Recently Listed IPO Fund tends to perform well when markets are doing well there are a lot of IPOs, but it struggles to generate alpha when markets are struggling.
Sebi has directed Alternative Investment Funds (AIFs) and their managers to conduct specific due diligence on investors and ...
The non-institutional investor (NII) portion, primarily high-net-worth individuals, was subscribed 0.13 times, while the retail investor portion saw a subscription of 0.26 times. The portion reserved ...
Sahasra Electronics Solutions shares debuted on October 4 at a premium of 90% over the issue price of ₹283. The IPO received ...
Budget carrier SpiceJet has set a floor price of ₹64.79 per share for the sale of securities to qualified institutional buyers (QIBs) through which it plans to raise up to ₹3,000 crore. The Ajay Singh ...
Premium Plast Limited, Tier-1 supplier of automotive components, specializing in the design, manufacture and supply of high-quality plastic parts to commercial vehicle OEMs, proposes to open its ...