3 IPOs under market regulator SEBI's scanner for inflating subscriptions

Posted on:
Key Points

The Securities and Exchange Board of India (SEBI) on Friday said it is investigating three initial public offerings (IPOs) on suspicion that there companies inflated the number of subscriptions received for their respective issues...

IPO subscriptions refer to the process by which investors apply for shares of a company that is about to go public through an initial public offering (IPO)...

During an IPO, the issuing company offers its shares to the public for the first time, and interested investors can subscribe to buy a portion of these shares...

Investors interested in participating in the IPO need to submit subscription applications indicating the number of shares they wish to purchase and at what price...

Inflated IPOs not only harm initial investors but also raise concerns about market integrity and fairness, impacting the broader financial ecosystem...

You might be interested in

SEBI to review delisting process, insider trading norms in December meeting: Madhabi Puri Buch

16, Nov, 23

The Sebi chairperson mentioned that it is widely believed that the market regulator is very dogmatic about insider trading but the Sebi has taken steps and initiated consultations to relook the norms around insider trading

7 things investors should keep in mind before betting on IPOs

06, Aug, 23

Due to the complexity of the process and the need for meticulous preparation and execution, mistakes made during the IPO could have a detrimental impact on the firm. A realistic expectation and preparation are essential for an IPO

IPO Calendar: Primary market set to end FY24 with a bang, offering 13 new issues

23, Mar, 24

Investors are keen to capitalize on the stock market ahead of the general election, and there's a positive sentiment towards fundamentally good businesses along with robust business models.

Mamaearth IPO fully subscribed on Day 3 on QIB push. Check GMP and other details

02, Nov, 23

The overall subscription was at 2.53 times so far, with QIB category leading the way at 4.12 times subscription. The retail and NII categories, however, are yet to reach full subscription. According to market sources, the company's shares are trading with a premium of Rs 9 in the unlisted market.

Hopes rise for IPO recovery after September deal rush

29, Sep, 23

Bankers and investors are embracing a degree of optimism for the IPO market following a slew of major market debuts in September that made for one of the busiest months since the start of 2022.

Mamaearth, Cello World target Rs 3,600 cr next week in resilient IPO market

28, Oct, 23

Mumbai-based Cello World's IPO will open for subscription on October 30. The company has set a price band of Rs 617-648 per share. Honasa Consumer, which operates Mamaearth, has fixed a price band of Rs 308-324 per share for its IPO, which opens on October 31. At the upper end of the band, the company is valued at Rs 10,425 crore.

India dominates global IPO market with record Q1CY23 numbers; Strong IPO pipeline for second half of CY23

01, May, 23

India reported the largest number of public issues floated in the first quarter of this year, driven by a large number of small ticket IPOs.

Tata Technologies IPO over subscribed within minutes of opening for public

22, Nov, 23

India Business News: Tata Technologies' initial public offering (IPO) was fully subscribed within minutes of its opening, marking the first IPO from the Tata Group in almo

What are the things you need to check when applying for IPOs?

25, Jan, 24

India Business News: Investing in Initial Public Offerings (IPOs) can be a great entry point in the world of securities for novice investors.

What is the difference between IPOs and NFOs? What should be the key points to check?

04, Jan, 24

Vivek Karwa says: “In a bull market, you tend to make money, but in bad markets, you tend to lose money also. So please always compare. NFOs are much safer. The fund manager takes care of the valuations, what he is investing, which company he is investing in. He has a research team. And hence, you are much more safeguarded.”