Jio Platforms Heads for Market Debut After INR 302 Billion IPO Draws 22 Times Demand
Reliance's digital arm sold only new shares, will use most of the money to cut debt and starts trading in Mumbai on Wednesday.
IPOs
IPOs
- IPOs
Jio Platforms Jumps 27% in Debut, Passing Bharti Airtel to Become India's No. 2 Stock
India's largest IPO broke a run of weak debuts for record deals, though the shares quickly passed the targets set by two of the first brokerages to cover them.
- IPOs
Chinese GPU Maker Denglin Seeks Up to HK$1.76 Billion as Seven Hong Kong IPOs Open Books
The Qualcomm-backed chip designer is selling shares at HK$231 to HK$288 under the Chapter 18C tech regime, with trading set for Nov. 10.
- IPOs
Hemay Pharma Postpones HK$1.04 Billion Hong Kong IPO Days Before Debut
The drugmaker had US$29 million of cornerstone orders but halted after retail books closed, as Beijing reportedly slows listings and Kunlunxin's deal may slip.
- India IPOs
NSE Profit Rises 23% in First Results Since IPO as Shares Sit Near INR 1,785 Offer Price
The gain is flattered by a year-earlier settlement charge, and the stock sat just 1.4% above its September IPO price on Wednesday as another debut gain faded.
- IPOs
Chinese AI Satellite Maker Adaspace Seeks Up to HK$1 Billion in Hong Kong IPO
The Chengdu company, which put a 12-satellite AI computing constellation into orbit last year, is pricing H shares at HK$24.90 to HK$33.20, with trading due Nov. 13.
- IPOs
Dongshan Precision Slips in Hong Kong Debut, Then Posts Fivefold Jump in Quarterly Profit
The circuit board maker closed 0.75% below its HK$86.80 offer price after retail investors took only half their tranche. Two days later it reported a fivefold jump in quarterly profit.
- India IPOs
Edelweiss Unit EAAA India Alternatives Ends Debut 3.8% Above IPO Price After Muted Open
Institutions bid for more than 13 times their quota, but retail demand barely covered its share and the stock opened close to the offer price before closing 3.8% higher.
- IPOs
AI Firm Allganize Gives Up 7% Opening Gain to Close Below IPO Price in Tokyo Debut
The enterprise AI developer, backed by KDDI and SK Telecom venture funds, is the third Tokyo newcomer in three sessions to end day one below its offer price.
- India IPOs
SEBI Clears Mahanadi Coalfields and Razorpay IPOs as India Pipeline Tops 4.3 Trillion Rupees
Coal India's biggest unit and a $5 billion payments company join a queue of more than 230 issuers after a record 2.12 trillion rupees in mainboard IPOs over the past Hindu calendar year.
- IPOs
AI Software Firm Lablup Ends Kosdaq Debut 25% Below IPO Price in Busy Korean IPO Week
The Backend.AI developer swung from a 49% gain to a steep loss on its first day, as 13 Korean companies crowd the listing calendar in the first week of November.
