The largest Drugmaker in India, founded by Ramesh Juneja and Rajeev Juneja in 1995 is planning to launch its IPO by the end of the current calendar year. Mankind Pharma, a manufacturer of products like pregnancy kits is in the process to launch a $1billion or Rs7600 crore IPO. This will be one of the largest-ever IPO in the pharma Industry. Lead bankers for the IPO JM Morgan, Citi, Jefferies, Axis, IIFL, and Kotak has been hired as investment bankers to manage the $1 billion IPO. Mankind Pharma’s Product and Market The firm focuses on cardiovascular antibiotics, gastrointestinal, antiallergic ..read more

Rainbow Children’s medicare Incorporated in the year 1998, one of the leading multi-specialty pediatric and obstetrics and gynecology hospital chains in India is all set to launch its IPO  to raise several Rs1595.59crores. Rainbow Children’s Medicare, as of September 30, 2021, operates14 hospitals and three clinics in six cities, with a total bed capacity of 1,500 beds. The medicare has 602 full-time doctors and 1,686 part-time/visiting doctors. The initial public offering of the company is a combination of a fresh issue of shares worth Rs280 crore and an offer for sale of 2,40,00,000 equ ..read more

RBI governor Shaktikanta Das announced the second bi-monthly monetary policy for FY2023. In this monetary policy, the liquidity has been tightened to keep latch on the inflation and to keep it under the band of 4% Key Points of Monetary Policy Committee: The policy repo rate under the liquidity adjustment facility (LAF) increased by 50 basis points to 4.90%. The Standing Facility deposit rate stands at 4.65% Bank rate at 5.15% Reverse Repo Rate at 3.35% Factors that assisted MPC to increase the key rates are as follows:- GLOBAL ECONOMY The global economy continued to grapple with multi-decad ..read more

Rustomjee is a leading real estate company operating from Mumbai, founded in the year 1996, and is all set to float its IPO of its parent company Keystone realtors worth Rs1000 crores. As per the information available in the market, the firm is set to file its draft red herring Prospectus with market regulators, the Securities exchange board of India (SEBI), very soon FOURTH REAL ESTATE FIRM TO GO PUBLIC IN THE LAST DECADE  Keystone is the fourth real estate company to go public in the last 10 years. In the previous calendar year, Macrotech Developers (Lodha Group) and Shriram P ..read more

After Paytm, the most hyped IPO of the mega insurer of the country Life insurance corporation of Indi made its debut on NSE and BSE on 17th May 2022 A tepid listing was on the card as indicated by the grey market, which showed a fall in premium with days approaching for the IPO to list. The IPO was oversubscribed and the government of India raised $2.7 billion by selling its stake in LIC as a part of the disinvestment process. The life insurance corporation IPO was listed at a discount of almost 8% from its allotment price of Rs949. However, the discount reduces the breakeven point for employe ..read more

The logistics firm Delhivery has finally ended its IPO sell on 13th May 2022. The IPO subscribed 163% of its issue size of 62,541,023 equity shares. The response to the IPO was not over-enthusiastic, all other categories were undersubscribed except for the qualified institutional investors. The QIB category investors submitted bids up to 2.33 times the shares reserved for them i.e, 33,863,662 equity shares making it 54.15% of the total issue. SUBSCRIPTION RECEIVED DELHIVERY IPO ALLOTMENT STATUS Allotment of the Life insurance of India will be done on 24th May 2022. Details of Checking The all ..read more

For some time, we might see no IPOs in the market as the market regulator, Securities Exchange Board of India (SEBI) has put a temporary freeze on the initial public offering amid concern about the current bidding framework. In the current framework, institutional and HNI’s are allowed to put in a bid, and they might get rejected later amid a lack of funds. Associations of Investment bankers of India informed the market, that no IPO will be allowed till the issue is resolved by the market watchdog SEBI. This pause in IPO came in when some of the recent IPO’s funds of qualified institutional bu ..read more

 Finally, the hustle for the biggest ever IPO to hit the Indian market is over. The subscription window for the sale of 16.2 crores shares is now closed and all investors are eagerly waiting to get the allotment. Investors are excited to have some early listing gains as the Grey market premium is indicating Rs40 above Rs949, the higher side of the price band.  Life insurance corporation of India has received 2.95 times applications for subscription of its shares for sale. SUBSCRIPTION DETAILS Details of Subscription under various categories of investors are as follows: – LIC IPO ALL ..read more

The wait for the Initial public offering of the biggest Insurance in the country, LIC, is over.  This will be the biggest IPO ever to date to hit the Indian market. This IPO will be the biggest ever IPO, after PAYTM which raised Rs18,300 crores in its maiden public offering. The latest Update on the LIC IPO are as follows: More details are expected to be clear by the 27th of April. Stay tuned to Invest19.con to know about the updates on the LIC IPO. Apply for the LIC IPO  Apply for the gigantic IPO from the comfort of your house with a few clicks on invest19.com. Click on the link g ..read more

The wait is finally getting over for the investors to invest in the mammoth insurer of the country. The initial public offering of the Life insurance corporation of India is likely to open for subscription from 4 May. This will be the first-ever IPO that will remain open for Subscription for 4 days, a day extra than the usual 3 days of the window for a subscription. The IPO is to open for anchor investors from 2 May. However, there have been certain changes that have come up in the LIC IPO, the first and foremost being the issue size and thus the valuation of the Insurer. Key Changes in the Ma ..read more