IPO Watch

Twitter unveils growth figures ahead of $1bn IPO

Twitter unveils growth figures ahead of $1bn IPO

After weeks of hyped anticipation, widely popular micro-blogging site Twitter on Thursday unveiled its planned stock market debut.

Outlining its plans in a filing with the Securities & Exchange Commission (SEC), Twitter said it expected to raise $1 billion from its initial public offering (IPO).

The company also revealed that it generated $317 million in revenue during 2012, while the number of its active users jumped 44 per cent year-on-year to more than 218 million in the second quarter of this year.

Facebook IPO: Mark Zuckerberg's bizarre ode to hackers

Facebook IPO: Mark Zuckerberg's bizarre ode to hackers

With social networking giant Facebook having filed for initial public offering to the US Securities and Exchange Commission on Wednesday, the company's CEO Mark Zuckerberg released somewhat of a quasi-philosophical letter in coincidence with the high-profile event.

Touching upon a number of issues, ranging from the nature of personal relationships to the role that technology can play in political cataclysm, Zuckerberg's letter strangely contained a rather bizarre ode to "the hacker way."

HDFC Plans to Launch IPO only after Confirmation with Std. Life

HDFC Plans to Launch IPO only after Confirmation with Std. LifeHDFC Chairman, Deepak Parekh announced that they are planning to have insurance plans with IPO (initial public offering) in two years.

Vodafone Essar headed for IPO

Vodafone Essar headed for IPOIt is anticipated that in near future Vodafone Essar Ltd will face initial public offer, announced by Vodafone Group PLC Chief Executive Vittorio Colao. The telecom giant, Vodafone Essar Ltd., its majority-owned Indian venture would pave the path to the initial public offering of stock in Vodafone's Indian operations.

Vodafone ended a deal with its Indian partner Essar Group on March 31, to buyout its 33% stake in the venture.

Jindal Power IPO will raise Rs 7200 crore

Jindal Power IPO will raise Rs 7200 crore

Jindal Power will raise initial public offer (IPO) in the next 3-4 months to raise Rs 7200 crore, said by Sushil K Maroo, Director and Group CFO of Jindal Steel & Power (JSPL).

Maroo revealed merchant prices in the third quarter and discovered a decline in the merchant prices. He is worried for the future steel prices due to continuous hike in coal prices.

Third quarter reports increase in net profit from Rs 874 crore to Rs 951 crore year on year basis while net sales went up by 17.94% to Rs 3,168 crore from Rs 2,686 crore (YoY).

Record money collected through public issues in 2010

Record money collected through public issues in 2010

The IPO market was really very dull in the recession years in 2008 and 2009 where people responded very weakly. Most of the companies either had to take back the issue or revise and lower the price band.

A2Z IPO price band at Rs. 400-410

A2Z IPO price band at Rs. 400-410

The IPO of A2Z that is going to close on December 10 is going to see a price band of Rs. 400-410.

The engineering, procurement and construction firm had declared that it will enter the capital market from December 8. It will comprise of fresh issue of equity shares of Rs. 10 each. Keeping that in mind the total proceeds are going to be Rs. 6,760 million.

Besides this, an offer of sale of 4556,193 equity shares of Rs. 10 each during the issue is going to be made to the shareholders. Employees are going to be given shares at a discount of 5 per cent.

Highest IPO request since May 2009: MOIL

Highest IPO request since May 2009: MOIL

The opening public offering (IPO) of manganese miner MOIL was offered proposal 55 times. It the highest bid for an IPO since May 2009. It was the result of the doubling of retail investment limit and attractive pricing pulled investors.

The sale of Rs 1,238-crore share motivated the investors from the institutions and individual investors in a similar way. Last month it made the gains from buying shares in another state-owned miner Coal India.

Ramky Infra Raised 500 crores via IPO at Exchange

Ramky Infra Raised 500 crores via IPO at Exchange

Throughout the day at the share market, Ramky Infrastructure experienced fluctuation in profit margin by trading shares and stocks. According to the share market analyzers, this flagship company has gained profit by selling shares at Exchange.

At first per share of this construction and infrastructural development farm is Rs 471.55 overtaking the issue price of 450 rupees in Indian currencies. It is a little bit higher in price rate of the stocks.

China Money Rates Drop After AgriBank Share Subscriptions End

China Money Rates Drop After AgriBank Share Subscriptions End

The Agricultural Bank of China Ltd. IPO considered being the largest initial public offering in the world by the experts on pricing in Hong Kong and Shangai led to a reduction in the need for more capital resulting in a maximum fall in the money market rate in a week.

The seven-day repurchase rate fell down by 24 basis points to 2.46 percent claimed to be the maximum loss occurred ever since June 30 as per the National Interbank Funding Center’s report.