initial public offering]
Latest from initial public offering
- Having missed out on last year's IPO frenzy, shares in India's biggest insurer opened at 872 rupees apiece, compared to their issue price of 949 rupees. They touched a session high of 918.95 rupees.
Indian fintech giant Paytm listed on the market with an issue size of ₹18,300 crore in November but it turned into a big disappointment due to, what analysts said, overpriced listing. Here is a list of some of the biggest IPOs in India and in the world.
ByHT News Desk | Written by Ishika Yadav
LIC is the biggest IPO offering in the country, and had closed with nearly 3 times subscription, mostly by retail and institutional buyers. The foreign investor participation was muted.
ByHT News Desk | Edited by Aryan Prakash
- Earlier, Department of Investment and Public Asset Management (DIPAM) secretary Tuhin Kanta Pandey had said that the allotment of the IPO share will be done on May 12.
Written by Manjiri Sachin Chitre | Edited by Chandrashekar Srinivasan
While the anchor portion of the IPO drew in sovereign funds from Norway and Singapore, most of the shares went to domestic mutual funds.