IPO Watch Archives

Business Byts:The growth story of BSE SME platform that generated magnificent returns in last one year.

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Business, IPO WatchBSE SME, BUSINESS BYTS, IPO, sensex

Business Byts:The growth story of BSE SME platform that generated magnificent returns in last one year.

BSE SME IPO Index has given a massive return of over 255% to the investors in the past 1 year, beating BSE Smallcap Index with a large periphery, which has given a return of over 95% during the same period. Launched in 2012, the BSE SME platform has listed 343 SMEs till date, out of which 112 have migrated to the BSE main board. A total of over Rs. 3,500 crore has been raised by SME Companies from the BSE SME platform, providing them with required equity…

Utkarsh Small Finance Bank gets SEBI approval to float IPO

By NewsByts Team

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Banking, Business, Economy, IPO Watch, Uttar PradeshIPO, SEBI, Upcoming IPO, Utkarsh small finance bank, Varanasi

Utkarsh Small Finance Bank gets SEBI approval to float IPO

Varanasi, Uttar Pradesh based, Utkarsh Small Finance Bank Ltd, has received market regulator Securities and Exchange Board of India’s (SEBI) nod to raise Rs. 1350 crore through the Initial Public Offering (IPO) route. The company had filed DRHP with SEBI on March 5, 2019. The IPO consists of fresh issue aggregating up to Rs 750 crore and an offer for sale of up to Rs 600 crore by the selling shareholder Utkarsh Coreinvest Ltd. The equity shares, of face value Rs 10 each, will be listed on the National Stock Exchange…

By NewsByts Team

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Business, Economy, IPO WatchCAMS, CAMS stock price, NSE

CAMS: India’s largest RTA lists on NSE.

Chennai based Computer Age Management Services (CAMS), India’s largest registrar and transfer agent of mutual funds, commenced trading on NSE at Rs 2219.50 per share and closed at Rs 2210 per share. The total quantity traded was 95184 shares with a total delivery percentage of 37%. The Market Capitalization of the company post-closing price stood at Rs 10790 Crores. As per the Share Holding Pattern filed with NSE as on 30th April 2021 the promoters hold 30.96% in the company and 47.90% is held by Institutions (including Mutual Funds, Foreign Portfolio Investors and Financial Institutions). In the…

Happiest Minds becomes eigth biggest IPO of decade

By NewsByts Team

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Business, IPO WatchBae, BSE, Happiest Minds IPO, NSE, sensex

Happiest Minds becomes eigth biggest IPO of decade

To say Happiest Minds Technologies' initial public offering was a hit on D-Street would be an understatement. The Rs 702-crore public issue was subscribed 150.98 times, making it the eighth biggest IPO of the last decade. The IPO of the Mumbai-headquartered digital IT services provider was subscribed 351.5 times by non-institutional investors and 77.4 times byQualified Institutional Buyers (QIB) during September 7-9. Retail demand for the issue was strong as well, garnering 70.94 times subscription. Salasar Techno Engineering currently holds the spot for the most subscribed IPO of the last decade, notching 277.28 times subscription…