Tag: initial public offering

SEBI tightens IPO rules; mandates issuer to disclose offer price based on past transactions, fund raising

SEBI tightens IPO rules; mandates issuer to disclose offer price based on past transactions, fund raising

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The move came against the backdrop of many new-age companies, that do not have a track record of having an operating profit at least in the preceding three years, tapping the IPO route to raise funds The move came against the backdrop of many new-age companies, that do not have a track record of having […]

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LIC issue price fixed at ₹949 a share, listing on May 17

LIC issue price fixed at ₹949 a share, listing on May 17

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Shares were allocated to policyholders and retail investors after applying the discount applicable to them Shares were allocated to policyholders and retail investors after applying the discount applicable to them The government has fixed the issue price of LIC shares at ₹949 apiece, the upper end of the IPO price band, ahead of the listing […]

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