During April-September 2016, as many as 57 firms raised a total of Rs 17,317 crore through initial public offers (IPOs), higher than Rs 4,904 crore mopped-up by 39 companies in the year-ago period.
Hyderabad-based pharma company Laurus Labs launched its initial public offer (IPO) on Tuesday to raise Rs 1,330 crore from the primary markets.
The anchor investors included Goldman Sachs India, Nomura Trust and Banking, SBI Mutual Fund, DSP BlackRock and ICICI Prudential Mutual Fund.
The IPO is scheduled to open on December 6 and close on December 8.
The company is seeking to raise Rs 510 crore through its initial public offering.
At a time when it is fashionable in Silicon Valley to stay private as long as possible, Snap is planning an initial public offering valuing it at more than $20 billion just two years after it first began to generate revenue, even though it has plenty of cash and ample opportunity to raise more on the private markets. It is expected to be the biggest US tech IPO since Facebook Inc's 2012 debut.
In 2012, Expedia paid 477 million euros ($531 million) for a 62 percent stake in Trivago.
The Rs 112-crore IPO received bids for 23,62,500 shares as against the total issue size of 1,19,08,750 shares, data available with the NSE till 1700 hrs showed.
The initial public offer (IPO) of the Gurgaon-based Varun Beverages did not get a good response from market. Its Rs 1,112.50-crore IPO was subscribed 1.86 times, which was open during October 26-28.
PNB Housing Finance's IPO was subscribed a whopping 29.55 per cent with strong demand from QIB and non-institutional investor segment.
The Rs 3,000-crore IPO was oversubscribed 29.55 times during October 25-27.
The 100 per cent book building issue will open on November 9 and closes on November 11.
The portion set aside for qualified institutional buyers was oversubscribed 4.94 times, while that of non-institutional investors 42%, sources said.