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In 2009, Lodha Developers had filed draft papers with market regular SEBI for its Rs. 2800 Crore IPO but due to global financial crisis and bearish sentiments in the market, the company cancelled the plan to go public. However, after 9 year, finally Lodha Developers Ltd is going public with Rs. 5500 Crore IPO. The market regulator SEBI has already given the nod. The IPO is going to be a mix of fresh issue and offer for sale. The company will issue fresh equity shares worth Rs. 3750 Crore and promoters shall sell 1.8 Crore shares. The company has Rs. 18000 Crore debt. Rs. 4500 Crore shall be used for prepayment of debts of its residential segment. The date of issue and pricing are not yet finalized. The company shall garner Rs. 750 Crore through pre-ipo placements

In the last week of October 2017, Reliance Nippon Life Asset Management Company garnered Rs.1500 Crore through IPO. It was the first company in India to go public in this segment i.e. Asset Management or Mutual Fund Manager. The issue was a mix of fresh issue and offer for sale. During that time, there were bullish sentiments across the market and especially IPO market was booming. As a result, the issue got tremendous response from all the category of investors viz. QIB (118 times), NII (209 times) and RII (6 times). Only lucky one could get the shares and they cheered on listing day as it listed with 17% premium to its issue price. Later, the sentiments turned bad due to various economical factors, the share started falling down. As on July 20, 2018, the share was trading at 14% discount to its issue price. The share is fundamentally strong and will go upwardly in a short to medium term. Now, in the last week of July 2018, yet another Asset Management Company is going public wit

Incorporated in December, 1997, a Delhi based cloth manufacturing company is going public through its Rs.1125 Crore IPO on July 18, 2018. The issue is closing on July 20, 2018. The issue is a 100% Offer For Sale arrangement. The selling shareholders are off loading 1,57,14,038 shares which are 25.63% of existing shares. The issue details: The selling shareholders: The selling shareholders include promoters viz Onkar Singh Pascricha and Arvinder Singh Pascricha who are selling their 29.05% and 24.29% shares respectively. The other selling shareholders viz promoter group shareholders are selling 25% to 100% of their existing shares and investor shareholder Wanger is offloading 27.72% of its share. The 100% Offer For Sale IPOs are presumed to be risky and when promoters are exiting, it becomes very risky to put hard earned money in the company where its promotors want to exit. It is better to stay away from such IPO.  Category of investors: Out of 1,57,14,038 sh