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The Latest Breaking News from IPO

Preview: Wytec International, Inc Set To IPO Tomorrow

Wytec International, Inc (NASDAQ:WYTC) IPO will take place May, 06 on the NASDAQ exchange under the ticker WYTC. The company is offering shares at an expected price between $4.15 and $6.15 per share with an insider lock-up period of 180 days ending on November 02, 2022.

LIC IPO fully subscribed on day 2 of bidding

LIC IPO fully subscribed on day 2 of bidding

NEW DELHI: India's biggest initial public offer (IPO) by insurance behemoth Life Insurance Corporation (LIC) was fully subscribed on day 2 bidding, data from exchanges showed.

The Times of India

LIC IPO undervalued by Modi govt, says Rahul Gandhi

LIC IPO undervalued by Modi govt, says Rahul Gandhi

NEW DELHI: Congress leader Rahul Gandhi on Thursday blamed the Modi government for undervaluing India's biggest initial public offering (IPO) by Life Insurance Corporation (LIC).

The Times of India

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LIC public offer to remain open for subscription on Saturday and Sunday

NEW DELHI: LIC public offer will remain open for subscription even on weekend to enable people to participate in the mega IPO of the state-owned insurer.

The Times of India

24 Stocks Moving in Thursday's Pre-Market Session

Gainers Austin Gold (NYSE: AUST) shares rose 30.3% to $5.70 in pre-market trading after gaining around 9% on Wednesday. Austin Gold had its IPO on Wednesday at $5 per share.

ThaiBev shares jump after it renews plan for IPO of regional beer assets

Thai Beverage Plc’s shares jumped on Thursday after the company confirmed it would look to sell a 20% stake in its regional beer business through a Singapore listing, more than a year after it postponed the plan for a second time due to pandemic-led uncertainty.

De Well Files for Hong Kong IPO, Flush With New Ties to Cainiao

Key Takeaways: • Global logistics services provider De Well has filed for a Hong Kong IPO, aiming to boost its footprint on booming demand for cross-border e-commerce

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Huafang Hopes 'Internet Bad Boy' Backing Will Bring Investors Streaming to Its IPO

Huafang Hopes 'Internet Bad Boy' Backing Will Bring Investors Streaming to Its IPO

Key Takeaways: Huafang Group posted 4.6 billion yuan in revenue last year, up 63% higher from pre-pandemic levels in 2019, but still much lower than its major competitors

Staff members in all eight divisions of LIC protest

Staff members in all eight divisions of LIC protest

‘Govt. is desperate to sell shares of LIC to mop up resources for meeting fiscal deficit’

LIC employees stage protest in Dharwad opposing IPO

LIC employees stage protest in Dharwad opposing IPO

They say that the Government has undervalued it several times that would cause irreparable damage

LIC employees protest IPO

LIC employees protest IPO

ASBA-designated bank branches to remain open on Sunday for LIC IPO: Reserve Bank

ASBA-designated bank branches to remain open on Sunday for LIC IPO: Reserve Bank

MUMBAI: Reserve Bank of India (RBI) has said that all ASBA-designated bank branches will remain open for public on Sunday to facilitate processing of applications for LIC's initial public offering.

The Times of India

LIC IPO: Policyholders' portion oversubscribed; overall subscription at 66% on day 1

LIC IPO: Policyholders' portion oversubscribed; overall subscription at 66% on day 1

NEW DELHI: LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 66 per cent.

The Times of India

LIC IPO: Policyholders' portion oversubscribed; overall subscription at 0.66% on day 1

LIC IPO: Policyholders' portion oversubscribed; overall subscription at 0.66% on day 1

NEW DELHI: LIC's public offer, the country's biggest-ever IPO, saw the policyholders' portion being oversubscribed on the first day itself on Wednesday, though overall subscription stood at just 0.66 per cent.

The Times of India

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Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

India's Biggest IPO Enjoys Analyst Confidence Thanks To Attractive Valuation, Retail Investor Discount

India's largest IPO has started taking orders from individuals and other categories after attracting anchor investors, Bloomberg reports. Retail investors can place their orders for shares of India's state-controlled Life Insurance Corporation until May 9. Also Read: India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment Retail investors will be allocated 35%…

DiDi Faces Double Whammy Of US, China Investigations

The U.S. SEC is probing DiDi Global Inc's (NYSE:DIDI) botched U.S. IPO, the Financial Times reports. DiDi's annual report disclosed that "the SEC contacted us and made inquiries in relation to the offering." DiDi President Jean Liu also made her posts on the Chinese social media platform Weibo Corporation (NASDAQ:WB) invisible to her 10 million…

The Independent UK

India's state insurance company to list in biggest IPO

India is selling shares in its largest state-owned insurer in its biggest initial public offering ever

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Jim Cramer Says Airbnb 'Best Of Crop' From 'Wild Times' IPOs

TV host Jim Cramer said Monday on Twitter that Airbnb Inc (NASDAQ: ABNB) “might be the best of that crop of companies that came public during those wild times.”

The Times of India

LIC IPO opens for retail investors today: All you need to know

NEW DELHI: At Rs 20,557 crore, the Life Insurance Corporation's (LIC) initial public offering (IPO), which opens for the retail investors today, is certainly the biggest till date in India.

The Times of India

LIC reaches its policyholders via SMS on IPO eve

NEW DELHI: Ahead of its initial public offering (IPO), insurance behemoth LIC on Tuesday approached its policyholders through SMS and other medium to inform them about the share sale.

Congress questions undervaluation and timing of LIC IPO

Valuation reduced from ₹12 lakh crore-₹14 lakh crore in February to ₹6 lakh crore, party says

India's Largest IPO Raises $736M Ahead of Listing, Attracts Foreign Investment

India’s largest-ever public offering has attracted anchor investors, including Norway’s sovereign wealth fund and the Singaporean government, raising ₹56.3 billion ($736 million) ahead of its initial public offering, Bloomberg reports. The 123 anchor investors joining Life Insurance Corp of India’s IPO committed to purchasing shares at ₹949 per share, the top end of…

48 Stocks Moving In Friday's Mid-Day Session

Gainers Belite Bio Inc. ADR (NASDAQ: BLTE) shares surged 144.8% to $14.69. Belite Bio priced its 6 million ADS IPO at $6 per ADS.

Mass Layoffs at 'China's Instagram': Tough Times or Primping for IPO?

Key takeaways: Xiaohongshu’s recent major layoffs could reflect a tough advertising market, even as it framed the move as normal workforce turnover Others reportedly laying off large numbers of workers include top livestream gaming platforms Huya and DouYu, whose planned merger was nixed by regulators last year

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