Ather Energy, a prominent electric two-wheeler manufacturer, has submitted its IPO proposal to SEBI, aiming to raise ₹3,100 crore through a fresh issue.
ideaForge Technology IPO will be listing today on the markets and considering the grey market premium for the stock, we can expect 70-80 premium on the listing day for the drone manufacturer.
HMA Agro Industries initial public offer (IPO) will open on June 20 and primary market investors are bullish after successful listing of IKIO Lighting last week.
Private sector lender Yes Bank’s follow-on public offer will open today. The bank has informed that it has already raised Rs 4500 crore from anchor investors.
Public sector United Bank of India (UBI) is witnessing February 2010 deadline for its proposed maiden public offer, after receiving cabinet nod for the long-awaited capital restructuring.
According to sources, the bank intends to file the red herring prospectus with market regulator, Securities & Exchange Board of India (SEBI) after September 2009.
The IPO size was still pending for finalization by the bank, but reports hinted it would be over Rs 50 crore and the shares will carry a premium.