100s of titles, one news app for just $10 a month.
Dive Deeper:
Paradeep Phosphates IPO: Price band, date, other details ahead of subscription opening next week
Paradeep Phosphates IPO comprises fresh issuance of equity shares worth ₹1,004 crore and OFS of 11.85 crore equity shares
Paradeep Phosphates IPO opens next week. 10 things to know
Paradeep Phosphates IPO comprises fresh issuance of equity shares worth ₹1,004 crore and OFS of 11.85 crore equity shares
In a volatile market, what should investors look for this week
In the last five trading sessions, investors' wealth on BSE has been wiped out to the tune of ₹13,83,637.96 crore.…
Delhivery IPO subscribed 1.63 times, share allotment this week
Delhivery IPO was subscribed 1.63 times on last day of subscription
One subscription that gives you access to news from hundreds of sites
Venus Pipes IPO: GMP, share allotment, listing date details
Venus Pipes IPO got 16.31 times subscription on the last day of its share sale
LIC IPO share allotment: How to check your status
NEW DELHI: India's biggest initial public offer (IPO) by Life Insurance Corporation (LIC) received a stellar response from investors.
Get all your news in one place
Latest Business news:
Age of Scarcity Begins With $1.6 Trillion Hit to World Economy
New fault-lines are likely to outlast war and plague — leaving the global economy smaller and prices higher.
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
Sydney-based startup Space Machines Company partners with SpaceX
Sydney-based in-space logistics startup Space Machines Company has partnered with Elon Musk’s SpaceX to launch its spacecraft next year. Space…
How a Trash-Talking Crypto Bro Caused a $40 Billion Crash
Do Kwon, a trash-talking entrepreneur from South Korea, called the cryptocurrency he created in 2018 “my greatest invention.” In countless…
Google’s Russian business plans to file for bankruptcy
Google says its Russian subsidiary is planning to file for bankruptcy because it can't pay staff and suppliers. Russian state…
SA moves to scrap tax on electric vehicles
South Australia's new Labor government has delivered on one of its election promises and moved to scrap plans for a…
From analysis to good news, read the world’s best news in one place
Crypto billionaire Sam Bankman-Fried: ‘I got involved with no clue what a blockchain was’
The FTX founder on hype, the problem with bitcoin and how crypto can build a fairer financial system
Wall Street stocks tumble following weak results from retailers
New York (AFP) - Wall Street stocks suffered one of their worst batterings since 2020 on Wednesday, as downcast earnings…

Three IPOs worth ₹2387 crore to hit stock market this week. Details here

By Asit Manohar
Upcoming IPOs: Paradeep Phosphates IPO size is ₹1501 crore, Ethos IPO size is ₹472 crore and eMudhra IPO aims to raise around ₹412 crore. (Reuters)

Here we list out important details in regard to the three upcoming IPOs:

1] Paradeep Phosphates IPO: Then public issue worth 1501 crore will open on 17th May 2022 and it will remain open for bidding till 19th May 2022. The non-urea fertilizers maker has fixed Paradeep Phosphates IPO price band at 39 to 42 per equity share. A bidder will be able to apply for the public issue in lots and one lot of the Paradeep Phosphates IPO will comprise 350 company shares. The public offer is proposed to list on both NSE and BSE. Tentative dates for Paradeep Phosphates IPO allotment is 24th May 2022 whereas most likely Paradeep Phosphates IPO listing date is 27th May 2022.

2] Ethos IPO: The public issue will open for subscription on 18th May 2022 and it will remain open for subscription till 20th May 2022. Price band of the public issue worth 472 crore has been fixed at 836 to 878 per equity share. A bidder will be able to apply for the public issue in lots and one lot of the Ethos IPO will comprise 17 company shares. The public offer is proposed to list on both NSE and BSE. Tentative dates for Ethos IPO allotment is 25th May 2022 whereas most likely Paradeep Phosphates IPO listing date is 30th May 2022.

3] eMudhra IPO: The public issue will open for subscription on 20th May 2022 and it will remain open for subscription till 24th May 2022. Price band of the public issue worth 412 crore has been fixed at 243 to 256 per equity share. A bidder will be able to apply for the public issue in lots and one lot of the eMudhra IPO will comprise 58 company shares. The public offer is proposed to list on both NSE and BSE. Tentative dates for Ethos IPO allotment is 27th May 2022 whereas most likely eMudhra IPO listing date is 1st June 2022.

Announcement of share allotment for Prudent Corporate IPO, Venus Pipes IPO and Delhivery IPO is also expected next week. So, a lot of action is expected next week in the primary markets.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.

Dive Deeper:
Paradeep Phosphates IPO: Price band, date, other details ahead of subscription opening next week
Paradeep Phosphates IPO comprises fresh issuance of equity shares worth ₹1,004 crore and OFS of 11.85 crore equity shares
Paradeep Phosphates IPO opens next week. 10 things to know
Paradeep Phosphates IPO comprises fresh issuance of equity shares worth ₹1,004 crore and OFS of 11.85 crore equity shares
In a volatile market, what should investors look for this week
In the last five trading sessions, investors' wealth on BSE has been wiped out to the tune of ₹13,83,637.96 crore.…
Delhivery IPO subscribed 1.63 times, share allotment this week
Delhivery IPO was subscribed 1.63 times on last day of subscription
One subscription that gives you access to news from hundreds of sites
Venus Pipes IPO: GMP, share allotment, listing date details
Venus Pipes IPO got 16.31 times subscription on the last day of its share sale
LIC IPO share allotment: How to check your status
NEW DELHI: India's biggest initial public offer (IPO) by Life Insurance Corporation (LIC) received a stellar response from investors.
Get all your news in one place