Glenmark Life Sciences joined the list of big ticket IPOs making a public offer. The company was incorporated in 2011 as a wholly-owned subsidiary of Glenmark Pharma. Indian Pharma industry is divided into Active Pharma Ingredients (APIs), CRAMs and

If you have been tracking pharma industry in the past, you would have heard of this popular product called APIs. The active pharma ingredients (APIs) are the specialized raw inputs that go into manufacture of medicines. One of India’s leading playe

The early indications were that Tatva Chintan IPO would get comfortably oversubscribed. However, at close on Tuesday, the overall issue got oversubscribed by a solid 180.35 times. The Rs.500 crore IPO of Tatva Chintan consisted of Rs.225 crore of fre

IPO investors generally have questions such as “No shares allotted to me in IPO, why?”, “I haven’t got any allotment in multiple applications” “why I am not getting allotment in any of the IPOs?”. Thus, it is clear that the lucky people

In the last two months, the proposed Rs.4,000 crore preferential offer by PNB Housing to Carlyle has become the bone of contention. The first objection to the deal came from proxy firm SES. Shareholder Empowerment Firm (SES) is run by former SEBI ED,

It looked like a panic-driven sell-off in global markets on 19 July. The Dow Jones cracked 725 points to 33,962 while the NASDAQ fell 152 points to 14,275. If Dow fell 2, the fall in European markets on 19 July was much sharper. The London-based FTS

The Udaipur based infrastructure company, G R Infrastructure IPO, listed on the NSE and the BSE on Monday, 19 July. Against the discovered IPO price of Rs.837, GR Infra listed at Rs.1,700 on the BSE and Rs.1,715.85 on NSE. On the NSE, GR Infra closed

The Rs.500 crore IPO of Tatva Chintan Pharmachem, consisting of Rs.225 crore of fresh issue and Rs.275 crore offer for sale, continued to elicit solid response at the end of Day-2. As per the combined bid details put out by the BSE, Tatva Chintan IPO

As Paytm prepares to launch India’s largest IPO worth Rs.16,600 crore, here is a look at some incredibly interesting facts about Paytm IPO. 1. Contrary to popular belief, the TM in PAYTM, does not refer to trademark. In fact, Paytm is abbr

Steel has been an unlikely star in the last few months. Since the beginning of 2021, most steel stocks have multiplied 2-3 times and are still looking attractive. Between April and June, foreign portfolio investors were busy adding steel stocks to th

When the Indian government was drawing plans for a big shift to electric vehicles (EV), the biggest challenge was not about costs or efficiency. It was about EV charging infrastructure. For a rapid spread of EV as a green motor strategy, the biggest

It looks like the government is setting out on the LIC IPO on a war footing. The Department of Investments and Public Assets Management (DIPAM) has sent out request for proposals for bankers, registrars and legal advisors to the issue. The IPO is pro