IPO News
, ETMarkets.com
Muthoot Finance's arm Belstar Microfinance submits Rs 1,300 crore IPO prospectus with SEBI
Belstar Microfinance plans a Rs 1,300 crore IPO with fresh equity shares and OFS. MAJ Invest, Danish asset management firm, and Muthoot Finance's stake highlighted. Proceeds for future capital requirements and reported profit in December 2023.
- Indegene IPO opens on Monday. 10 things to know before subscribing to the issue, ETMarkets.com
- IPO Calendar: Primary market to do away with election blues with 9 IPOs opening next week, ETMarkets.com
- Sattrix Information files DRHP for Rs 20 cr SME IPO, targeting mid-May listing, ETMarkets.com
- TBO Tek announces price band for its Rs 1,550 crore IPO. Details here, ETMarkets.com
- Slone Infosystems IPO opens today: Check issue size, price band, GMP and other details, ETMarkets.com
, ET Bureau
Indegene offers value to life sciences, needs price discovery
The Bengaluru-based company is rolling out a ₹1,842 crore initial public offering comprising a fresh issue of ₹760 crore and an offer of sale of ₹1,082 crore. The IPO represents 17% of the company's post-issue paid-up capital. Proceeds of the issue will be used to trim debt and for capex.
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