Best printers for Home

Best Mixer Grinder

Best wired Earphones

Best 43 Inch TV in India

Best Wi Fi Routers

Best Home Theatre in India

Smart Watch under 5000

Best Laptops for Education

Best Laptop for Students

<ul><li>Pharmacy retail chain <keyword id="11881163" type="UNKNOWN" weightage="20" keywordseo="medplus-healthcare-services">Medplus Healthcare Services</keyword> filed a draft red herring prospectus (DRHP) with SEBI to raise ₹1,639 crore through IPO.</li><li>The company offers both offline and online sales of pharmaceutical products through website and mobile application.</li><li>The company offers a wide range of products, including pharmaceutical and wellness products and fast-moving consumer goods.</li><li>Azim Premji’s PI Opportunities Fund is among promoters in the company selling its shares through the IPO.</li></ul>Hyderabad-based pharmacy retail chain Medplus Healthcare Services has filed the draft red herring prospectus (DRHP) with India’s market regulator to raise ₹1,639 crore through an initial public offering (IPO). The offer comprises ₹600 crore of fresh issue and an offer for sale (OFS) of ₹1,039 crore by existing promoters. Promoter Lone Furrow Investments will sell equity shares worth ₹450 crore through the IPO issue followed by ₹500 crore by PI Opportunities fund, which is an affiliate of PremjiInvest. PremjiInvest is the family office of billionaire Azim Premji, chairman of Wipro. The company sells a wide range of products, including pharmaceutical and wellness products -- medicines, vitamins, medical devices and test kits, and fast-moving consumer goods -- home and personal care products, toiletries, baby care products, soaps and detergents, and sanitisers. The 15-year-old company was founded by Gangadi Madhukar Reddy, managing director and chief executive officer, with the vision “to set up a trusted pharmacy retail brand that offers genuine medicines and delivers better value to the customer by reducing inefficiencies in the supply chain using technology,” the company said in its DRHP filing. It has grown from operating 48 stores in Hyderabad to now operating a retail network of over 2,000 stores across Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, Odisha, West Bengal and Maharashtra, as of March, 2021. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Profit </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY19 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹2284 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹63 crore </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY20 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹2887 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1.79 crore </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY21 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹3090 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹11.92 crore </td></tr></tbody></table> The company offers both offline and online sales of pharmaceutical products through website and mobile application. Medplus Healthcare Services intends to use ₹467 crore from the IPO proceeds for working capital requirements of its subsidiary Optival Health Solutions and the rest for general corporate purposes. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/retail/e-commerce/news/walmart-to-prioritise-flipkarts-diwali-sale-big-billion-days/articleshow/85418923.cms">Walmart to prioritise Flipkart’s Diwali sale ‘Big Billion Days’</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/shares-of-apollo-hospitals-have-surged-178-in-the-last-one-year-and-103-so-far-in-2021/articleshow/85398007.cms">Apollo Hospitals gives multibagger returns in last one year on growth in pharmacy business, vaccination revenue</a>

Medplus Healthcare Services looks to raise ₹1,639 crore via IPO

<ul><li>The IPO of CarTrade opened on August 9 and closed on Aug 11.</li><li>CarTrade is an automotive portal for cars where customers come to buy new or used cars or to sell their cars.</li><li><keyword id="11240103" type="UNKNOWN" weightage="20" keywordseo="cartrade-ipo">CarTrade IPO</keyword> allotment can be checked through the BSE website and the LinkIntime website.</li></ul>CarTrade will be announcing the allotment of its initial public offering (IPO) on Tuesday, August 17. The IPO had opened on August 9 and ended on August 11, with a price band of ₹1585 to ₹1618 per share. The company is looking to raise ₹2998.51 crores via the public issue. CarTrade is a cross-channel auto platform with services and coverage spanning multiple vehicle categories. Customers and dealers can buy and sell vehicles through the company’s online buying and selling platforms. <table style="border-width: initial; border-style: none;"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Price </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹1585-₹1618 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Allotment date </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">August 17 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Initiation of refunds </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">August 18 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Credit of shares to demat account </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">August 20 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">IPO listing date </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">August 23 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Minimum order quantity </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">9 equity shares </td></tr></tbody></table> There are two websites to check the CarTrade IPO allotment. One is through the <a href="https://www.bseindia.com/investors/appli_check.aspx">BSE</a> website and the other is through the <a href="https://www.linkintime.co.in/IPO/public-issues.html">LinkIntime</a> website. How to check CarTrade IPO Allotment at LinkIntime <ul><li>Log in to the <a href="https://linkintime.co.in/MIPO/Ipoallotment.html">LinkIntime</a> website. </li><li>Select the IPO name ( CarTrade Limited ). </li><li>Choose the option from Pan Number, Application Number or Demat Account number. </li><li>Add the details as per your selection. </li><li>Click on the search button to see the CarTrade Limited IPO allotment. </li></ul>How to check CarTrade IPO Allotment at BSE <ul><li>Log in to the <a href="https://www.bseindia.com/investors/appli_check.aspx">BSE</a> website in the same way. </li><li>Select the issue type as Equity and the IPO name as CarTrade Limited. </li><li>After typing the application number and pan number, click on the search button to view the CarTrade IPO allotment.</li></ul> This can be done through your demat account by checking the credited shares in the account. Or it can be checked through the bank account from which you applied. SEE ALSO <a href="https://www.businessinsider.in/business/news/paytm-ipo-former-one-97-communication-director-urges-sebi-to-stall-the-public-issue/articleshow/85293132.cms">Paytm IPO: Former One 97 Communication director urges SEBI to stall the public issue</a> <a href="https://www.businessinsider.in/tech/news/windows-11-microsoft-rolling-out-updated-snipping-tool-calculator-and-mail-apps/articleshow/85292943.cms">Windows 11 Microsoft rolling out updated snipping tool, calculator and mail apps</a>

CarTrade IPO: Here’s how to check allotment status, listing date and more

<ul class="summary-list"><li>Chinese stock Jianzhi Education soared over 3,100% in its Friday debut on US markets. </li><li>The provider of digital education materials priced its IPO at $5 per share late Thursday, then shot up above $160 on Friday.</li></ul>Shares of a little-known Chinese company skyrocketed more than 3,100% Friday as it debuted on the New York Stock Exchange, following other Chinese stocks that also had massive initial public offerings recently.As trading commenced Friday, Jianzhi Education Technology soared to over $160 a share, after its IPO priced at $5 a share. Shares later pared gains to 2,000%.The provider of digital education content in China expected to raise $25 million in proceeds from the 5 million American Depository Shares that were offered. Similarly, shares of Chinese tech firm <a href="https://markets.businessinsider.com/news/stocks/amtd-digital-hkd-stock-price-ipo-chinese-tech-retail-traders-2022-8">AMTD Digital jumped 32,229%</a> from its July IPO to early August, and even the company wasn't sure why. It traded above $1,700 August 2, but has fallen back to about $170 this week.And during the first week of August, Magic Empire Global <a href="https://www.businessinsider.com/magic-empire-global-megl-stock-price-soars-in-ipo-debut-2022-8">climbed as much as 5,799%</a> in its debut. The obscure Hong Kong-based company had priced its IPO at $4 a share, and it rose all the way to about $235 even as no apparent news seemed tied to the rally. Magic Empire Global also <a href="https://markets.businessinsider.com/news/stocks/amtd-digital-stock-price-trading-volume-wanes-after-massive-surge-2022-8">dropped after its early, massive rally</a>, and is now trading at about $7.

A Chinese stock is skyrocketing 3,100% in its debut on US markets, following a trend of little-known stocks from China that soar in an IPO

<div class="KonaFilter image-container display-table"><div><div class="image"></div></div></div><ul><li>WeWork's bonds are sinking as investors are growing more concerned the company might slash its valuation or delay its initial public offering.</li><li>WeWork's 7.875% notes maturing in 2025 slipped to 97.75 cents on the dollar on Tuesday, the lowest level since the company filed to go public in early August. </li><li>The drop comes as the company's valuation has been under scrutiny <a href="https://www.businessinsider.com/wework-faces-these-five-big-questions-as-prepares-for-ipo-2019-8" target="_blank" rel="noopener">from analysts and investors in recent weeks</a>.</li><li><a href="https://www.businessinsider.com/heres-the-latest-wework-news-2019-6?utm_source=markets&amp;utm_medium=ingest&amp;r=US&amp;IR=T?utm_source=markets&amp;utm_medium=ingest">Here's a roundup of Business Insider's WeWork coverage</a>.</li></ul>WeWork's bonds are falling as the possibility of the company's IPO being delayed rattles investors already wary of its valuation. The company's 7.875% notes maturing in 2025 slid to 97.75 cents on the dollar on Tuesday, the lowest point since it filed to go public in early August.The bonds rose to an all-time high when WeWork said in its IPO filing that it paid off a portion of the notes and was planning to raise an additional $6 billion in debt funding, <a href="https://www.bloomberg.com/news/articles/2019-09-10/wework-bonds-drop-below-par-for-first-time-since-ipo-filing-k0dutcn0">according to Bloomberg</a>. The company issued $702 million worth of high-yield debt in April 2018, with about $669 million still outstanding as of its IPO filing. WeWork's strategy of selling junk bonds to fund growth follows in the footsteps of other cash burning firms like <a href="https://markets.businessinsider.com/stocks/nflx-stock">Netflix</a> and <a href="https://markets.businessinsider.com/stocks/uber-stock">Uber</a>. <a href="https://markets.businessinsider.com/news/stocks/wework-taking-netflix-uber-approach-to-raise-cash-by-selling-junk-bonds-2019-9-1028511774">The news also follows a report from Bloomberg</a> that said WeWork might be considering raising more money through another sale of junk bonds. <a href="https://markets.businessinsider.com/news/stocks/wework-may-slash-valuation-below-20-billion-or-postpone-ipo-2019-9-1028508030">Rumors began to circulate earlier this week</a> that WeWork might also attempt to lower its valuation or delay its IPO all together. The company <a href="https://www.businessinsider.com/mutual-funds-that-hold-stakes-wework-are-changing-their-valuation-2019-9">was last valued at $47 billion during a private fundraising round</a>, and it could seek a new valuation below $20 billion, according to a report from the Wall Street Journal.<a href="https://www.businessinsider.com/wework-faces-these-five-big-questions-as-prepares-for-ipo-2019-8" target="_blank" rel="noopener">WeWork's valuation has come under intense scrutiny</a> since it released its official IPO filing in early August. Investors and analysts have questioned the office leasing company's business model, and <a href="https://www.businessinsider.com/wework-filing-reveals-how-much-work-becoming-profitable-will-take-2019-8" target="_blank" rel="noopener">whether or not it can achieve sustainable profitability</a>. Read more: <a href="https://www.businessinsider.com/how-to-invest-recommendations-when-returns-are-lower-lori-heinel-2019-9" target="_blank" rel="noopener">$2.9 trillion State Street is sounding the alarm on years of lower market returns. Its deputy investment chief identified where the strongest income could be found in this new world order.</a>

WeWork bonds tumble to their lowest since IPO filing as uncertainty rattles investor nerves

<ul class="summary-list"><li>Global <keyword id="6354763" type="UNKNOWN" weightage="60" keywordseo="ipo" source="Orion">IPO</keyword> activity surged during the third quarter of 2021, data from Ernst &amp; Young showed.</li><li>That's as companies rushed to raise capital before the Fed could taper its asset purchases in the fourth quarter.</li><li>A key driver was the rebound of IPO <keyword id="11893875" type="UNKNOWN" weightage="100" keywordseo="markets" source="Orion">markets</keyword> in Europe, the Middle East, India, and Africa.</li></ul>Global IPO activity surged during the third quarter as companies rushed to raise capital before the Federal Reserve tapers its asset purchases later this year, data from Ernst &amp; Young showed Thursday.The third quarter of the year saw 18% more deals than the prior third-quarter record set in 2007, according to EY. This quarter also saw 11% higher proceeds than the last record-setting third quarter in 2020.In total, 547 IPOs raised $106.3 billion in the third quarter alone, EY data revealed. Year-to-date, 1,635 firms have gone public thus far - raising $330.7 billion in total - far surpassing the 2020 figure in both deal numbers and proceeds.<table style="border-collapse: collapse; width: 100%; height: 273px;" border="1"><tbody><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">Month/Quarter</td><td style="width: 33.3333%; height: 22px;">Number of IPOs</td><td style="width: 33.3333%; height: 22px;">Proceeds (US dollars)</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">July 2019</td><td style="width: 33.3333%; height: 22px;"> 134 </td><td style="width: 33.3333%; height: 22px;">$15.4 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">August 2019</td><td style="width: 33.3333%; height: 22px;">55 </td><td style="width: 33.3333%; height: 22px;">$6.3 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">September 2019</td><td style="width: 33.3333%; height: 22px;">62 </td><td style="width: 33.3333%; height: 22px;">$18.2 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">Q3 2019</td><td style="width: 33.3333%; height: 22px;">251</td><td style="width: 33.3333%; height: 22px;">$39.9 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">July 2020</td><td style="width: 33.3333%; height: 22px;">147 </td><td style="width: 33.3333%; height: 22px;">$33.4 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">August 2020</td><td style="width: 33.3333%; height: 22px;">123 </td><td style="width: 33.3333%; height: 22px;">$22.6 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">September 2020</td><td style="width: 33.3333%; height: 22px;">175 </td><td style="width: 33.3333%; height: 22px;">$40.2 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">Q3 2020</td><td style="width: 33.3333%; height: 22px;">445 </td><td style="width: 33.3333%; height: 22px;">$96.2 billion</td></tr><tr style="height: 21px;"><td style="width: 33.3333%; height: 21px;">July 2021 </td><td style="width: 33.3333%; height: 21px;">276 </td><td style="width: 33.3333%; height: 21px;">$46.2 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">August 2021 </td><td style="width: 33.3333%; height: 22px;">110 </td><td style="width: 33.3333%; height: 22px;">$32.1 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 10px;">September 2021 </td><td style="width: 33.3333%; height: 10px;">161 </td><td style="width: 33.3333%; height: 10px;">$28.0 billion</td></tr><tr style="height: 22px;"><td style="width: 33.3333%; height: 22px;">Q3 2021 </td><td style="width: 33.3333%; height: 22px;">547 </td><td style="width: 33.3333%; height: 22px;">$106.3 billion</td></tr></tbody></table>A key driver was the rebound of IPO markets in Europe, the Middle East, India, and Africa with 476 IPOs raising $73.7 billion year-to-date, EY said, a 263% and 313% increase respectively. But the pause in the boom of blank-check IPOs during the second quarter also spilled over in the third, EY added. Over in the Asia-Pacific region, the region continued to be active despite some signs of slowdown due to geopolitical tensions in the region. In the third quarter, 750 IPOs raised $123.4 billion since the beginning of 2021. Greater China made up a the biggest chunk of the IPOs (444) followed by Japan at a far second (81).In the Americas, the market has picked up the pace, with 409 IPOs raising US$1336 billion. The level of SPAC activity cooled compared to the first quarter's breakneck speed as the space continues to face regulatory headwinds. Still, going public via a SPAC continues to be an attractive option for many companies, EY said.In terms of sectors, companies in the field of technology once again dominated the list. For the fifth consecutive quarter since the third quarter of 2020, companies in this field generated the highest year-to-date number of deals, EY said. Healthcare and industrials sectors followed."As we head into the last quarter and market uncertainties and volatility continue to intensify, it is important to be well prepared, consider alternatives to the traditional IPO route and be realistic on valuation to ensure success," said Paul Go, EY Global IPO Leader, in a statement.Still, the firm said it expects a steady pipeline of deals to continue notwithstanding political tensions, inflation risks, tapering by the US central bank, as well as new variants of COVID-19. Serious IPO candidates, EY noted, should look to "prepare themselves as early as possible and be ready to launch quickly," if needed.

IPO activity broke 3rd-quarter records as firms rushed to get deals done before Fed tapering, EY says

<ul><li>Shares of <keyword id="11265920" type="UNKNOWN" weightage="20" keywordseo="Krsnaa-Diagnostics-IPO">Krsnaa Diagnostics IPO</keyword> listed at over 7% premium from its price band of ₹933-954 per share.</li><li>The IPO was subscribed 64.40 times on the last day of the bidding.</li><li>The market capitalisation of the company stood at ₹3,281 crore.</li></ul>Shares of Krsnaa Diagnostics IPO made a decent listing on National Stock Exchange (NSE) and BSE at over 7% premium from its price band of ₹933-954 per share. Post listing, the market capitalisation of the company stood at ₹3,281 crore, according to BSE data. The shares of Krsnaa Diagnostics were trading at ₹1,057, 10.7% higher at 10.04 a.m., on August 6. The grey market price of the stock had suggested around 30-33% premium over the upper price band of ₹954. Moreover, the IPO received good demand from investors on the last day of the initial public offering (IPO) bidding process as the issue size was subscribed 64.40 times on the last day. It received bids for 45.80 crore shares as against 71.12 lakh shares on offer. The issue was open for subscription between August 4 and August 6. Krsnaa Diagnostics offers a wide range of diagnostic services such as imaging (including radiology), pathology/clinical laboratory and tele-radiology services to public and private hospitals, medical colleges and community health centres across India. “We like unique and scaled business model of company. Company with its strong brand equity has extensive footprint across India with robust infrastructure. With robust revenue visibility, the company is well positioned to capitalize on healthcare spending across public and private sectors. Hence we recommend “Subscribe” on issue both for listing gains &amp; long term perspective,” said a report by Hem Securities. The company was looking to raise ₹1,213 crore at the higher end of the price band of ₹933-954 per share. It will use the proceeds to aid its expansion plans and set up new diagnostics centres in different parts of the country — Punjab, Karnataka, Himachal Pradesh and Maharashtra. A part of the proceeds would also be used for repayment and prepayment of loans. SEE ALSO <a href="https://www.businessinsider.in/business/news/paytm-ipo-former-one-97-communication-director-urges-sebi-to-stall-the-public-issue/articleshow/85293132.cms">Paytm IPO: Former One 97 Communication director urges SEBI to stall the public issue</a> <a href="https://www.businessinsider.in/tech/news/windows-11-microsoft-rolling-out-updated-snipping-tool-calculator-and-mail-apps/articleshow/85292943.cms">Windows 11 Microsoft rolling out updated snipping tool, calculator and mail apps</a> <a href="https://www.businessinsider.in/business/corporates/news/infibeam-avenues-is-looking-to-acquire-a-point-of-sale-company/articleshow/85292156.cms">INTERVIEW: Infibeam Avenues is looking to acquire a point-of-sale company</a>

Shares of Krsnaa Diagnostics gets a tepid reception at the bourses, list at 7% premium

<ul><li><keyword id="11240103" type="UNKNOWN" weightage="20" keywordseo="cartrade-ipo">CarTrade IPO</keyword> offers an attractive opportunity to invest in a new age business, say analysts.</li><li>CarTrade IPO opens on August 9 and will close on August 11.</li><li>Online auto classifieds platform looks to raise ₹2,999 crore through the issue.</li><li>It has already raised ₹900 crore from anchor investors ahead of its initial public offering (IPO).</li></ul>CarTrade is the latest one in the long line of tech startups tapping the public market with initial public offerings (IPO). Unlike Zomato, this would be the first profitable startup to hit the stock market since EaseMyTrip. The company is a 12-year old startup that operates online platforms like CarWale, CarTrade, BikeWale, CarTradeExchange and AutoBiz for users interested in buying and selling new and used vehicles. The IPO of the company opens Monday and closes on August 11. It is looking to raise around ₹3,000 crore through the public listing. Let us see what the analysts have to say about the company’s IPO: <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Broking firm </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Recommendation </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Nirmal Bang </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Choice Broking </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">ICICIdirect </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Investmentz </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Subscribe </td></tr></tbody><tbody></tbody><tbody></tbody></table> CarTrade is a profitable player in India and one of the few players internationally in the vehicle platform space. Further, with funds of ₹668 crore in its balance sheet, CarTrade is well positioned and plans to capture adjacent business opportunities such as insurance, financing, servicing of vehicles, accessories and refurbishment and sale of cars. The public issue of the company is opening with a price band of ₹1,585-1,618 per share. Half of the issue size has been reserved for qualified institutional buyers (QIBs), 35% for retail investors and the remaining 15% for non-institutional investors. Analysts at Choice Broking have similar opinions about the company. “CarTrade is an electronic exchange focusing on auto sector and thus there is no peer company having similar business operations. At a higher price band...we feel it is attractive considering its scalable business model, profitable operations and business growth opportunities in the auto sector value chain,” said the report. The company’s revenue from operations have increased at a compound annual growth rate (CAGR) rate of 26.4% over FY18-FY21. CarTrade offers a unique play on rising digitisation of new and pre-owned vehicle translation value chain/ecosystem, said a report by ICICIdirect. “We assign ‘subscribe’ rating to the issue for listing gains. Long term wealth generation at CarTrade Tech will be a function of scalability, relevance and journey towards healthier return ratios,” said the report by ICICIdirect. <table style="border-width: initial; border-style: none;" class="redcator-table-advance"></colgroup><tbody><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Particulars </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY21 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY20 </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">FY19 </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Profit </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹101.07 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 31.3 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 25.9 crore </td></tr><tr><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">Revenue </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 281.5 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 318.4 crore </td><td style="border-left:solid #000000 0.8333325pt;border-right:solid #000000 0.8333325pt;border-bottom:solid #000000 0.8333325pt;border-top:solid #000000 0.8333325pt;vertical-align:bottom;padding:2pt 2pt 2pt 2pt;overflow:hidden;overflow-wrap:break-word;">₹ 266.8 crore </td></tr></tbody><tbody></tbody><tbody></tbody></table> SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/freshtohome-and-bluestone-backer-iron-pillar-is-planning-to-bring-assets-worth-1-billion-under-management/articleshow/85161486.cms">FreshtoHome and BlueStone-backer Iron Pillar is planning to bring assets worth $1 billion under management</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/science/news/nasa-wants-paid-volunteers-to-spend-a-year-living-in-a-3d-printed-martian-habitat-in-texas-where-they-will-carry-out-spacewalks-and-research-using-vr-tech/articleshow/85149673.cms">NASA wants paid volunteers to spend a year living in a 3D-printed Martian habitat in Texas, where they will carry out spacewalks and research using VR tech</a>

CarTrade IPO ⁠— the share sale by this profitable tech startup gets a unanimous call for ‘subscribe’

<ul><li><keyword id="424838" type="PERSON" weightage="60" keywordseo="Jack-Ma">Jack Ma</keyword>'s <keyword id="9541717" type="UNKNOWN" weightage="60" keywordseo="Ant-Group">ANT Group</keyword> has received approval from Chinese regulators for its Hong Kong part of its <keyword id="6354763" type="UNKNOWN" weightage="60" keywordseo="ipo">IPO</keyword>, CNBC reported Monday. </li><li>A confidential source told CNBC a hearing with the Hong Kong Stock Exchange is scheduled to take place Monday.</li><li>The company filed for an IPO in Hong Kong and Shanghai in August. </li><li>Bloomberg reported in September Ant Group is seeking a $250 billion valuation, likely making it the largest IPO ever. </li><li><a href="https://www.businessinsider.com/?hprecirc-bullet">Visit Business Insider's homepage for more stories</a>.</li></ul>Chinese regulators have given Jack Ma's Ant Group the green light for its Hong Kong based IPO, CNBC said Monday. Citing a source familiar to the matter, <a href="https://www.cnbc.com/2020/10/19/ant-group-ipo-approval-given-for-hong-kong-leg.html">CNBC</a> reported the China Securities Regulatory Commission has approved the Hong Kong part of the digital payments company's IPO. The source added a hearing with the Hong Kong Stock Exchange was due to take place on Monday. The news was first reported by IFR. Read More: <a href="https://www.businessinsider.com/stock-picks-to-buy-small-companies-recommendations-high-upside-rbc-2020-10" target="_blank" rel="noopener noreferrer">Buy these 7 unheralded stocks right now for near-term upside of at least 25% as growth accelerates to a new level, RBC says</a>The <keyword id="302749" type="COMPANY" weightage="60" keywordseo="Alibaba">Alibaba</keyword> affiliate filed for an <a href="https://markets.businessinsider.com/news/stocks/ant-group-ipo-jack-ma-files-record-deal-market-debut-2020-8-1029531900#">initial public offering in Hong Kong and Shanghai</a> in August to fund the growth of its financial-services business. Bloomberg reported last month Ant Group is seeking to raise its funding target by $35 billion and is now targeting an expanded <a href="https://markets.businessinsider.com/news/stocks/ipo-jack-ma-ant-group-seeks-funding-target-35-billion-2020-9-1029606397#">valuation of $250 billion. </a>Ant's parallel listings on the Hong Kong and Shanghai stock exchanges would mark the biggest float on record, beating Saudi Aramco's record-shattering <a href="https://markets.businessinsider.com/news/stocks/saudi-aramco-ipo-less-than-2-percent-shares-publicly-tradable-2019-12-1028752702#?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener">$25.6 billion IPO</a>.Ant was formed in 2014 to run Alipay, a ubiquitous digital-payment service that is used by almost <a href="https://www.businessinsider.com/what-is-ant-group-china-jack-ma-digital-payment-2020-7?utm_source=markets&amp;utm_medium=ingestgest" target="_blank" rel="noopener">1 billion people in China</a>, and gets the bulk of its revenue from quick consumer loans.Ant CEO Eric Jing told Think Business in 2017 that the company named itself after the small insect because it <a href="https://www.youtube.com/watch?v=zl1W8_tG4bI" target="_blank" rel="noopener">serves "the little guys."</a>The company recently began pushing into the financial industry, leveraging data from its Alibaba app to provide its customers banking services, including digital robo-advice. Read More: <a href="https://www.businessinsider.com/stock-market-crash-3-nonsensical-narratives-dangerous-heights-peter-cecchini-2020-10" target="_blank" rel="noopener noreferrer">An ex-Wall Street chief strategist lambasts 3 'nonsensical narratives' he says are pushing stocks to dangerous heights — and warns that the current rally is unsustainable</a>CNBC said Ant Group has been pushing hard for the IPO in spite rumours that the Alibaba-affiliate may be blacklisted by the US under an Entity List. Ant Group could not be immediately contacted for comment.

Jack Ma's Ant Group gets the green light from Chinese regulators for its Hong Kong IPO, a report says

The much-anticipated IPO of public sector insurer Life Insurance Corp of India (LIC) may well lend more sparkle to the Indian stock markets this Diwali. Speaking to IANS, <keyword id="44532" type="COMPANY" weightage="20" keywordseo="Disinvestment">Disinvestment</keyword> Secretary Tuhin Kanta Pandey noted the fact that LIC is a complex undertaking but the government is up to the challenge and will complete the market offering post October. "It may happen after October... around Diwali," Pandey said in the interview. He added that the government has already initiated its plan to clear all incumbrances on way of LIC IPO. In this regard, he said that the amendment required for the IPO has already been included as part of the Finance Bill, 2021 and will become effective once <keyword id="6354721" type="COMPANY" weightage="20" keywordseo="parliament">Parliament</keyword> gives its nod to the <keyword id="6360189" type="COMPANY" weightage="20" keywordseo="union-budget">Union Budget</keyword>. Presenting the Union Budget on Monday, Finance Minister <keyword id="129243" type="PERSON" weightage="20" keywordseo="Nirmala-Sitharaman">Nirmala Sitharaman</keyword> said that all the announced disinvestment proposals including the LIC IPO would be completed this fiscal. She had first made the mega announcement of the IPO in the last year's budget. On the size of the <keyword id="8843196" type="UNKNOWN" weightage="20" keywordseo="LIC-Offer">LIC offer</keyword>, Pandey said that the amount of shares to be offered in the initial public offering (IPO) would depend on the embedded value and the size. The valuation process is underway for the insurance giant. "This is an institution in which people have trusted and we don't want to break their trust. We have even asked them to be the owners (shareholders)." Pandey said that Amendment Act reserves 10 per cent of the total shares on the block for policy-holders. Regarding the requirement of listed public sector companies to achieve minimum public shareholding of 25 per cent, he said that a new rule is in the making for large PSUs having high valuations. A rule notified in 2018 had mandated every listed PSU, which has public shareholding below 25 per cent, to increase its public shareholding to at least 25 per cent, within a period of two years from the date of that notification -- August 3, 2018. The government has however extended the time period for compliance to the norm till August 2021. Currently, the government totally owns LIC and its valuation is expected to be in the range of Rs 8-10 lakh crore. Once LIC enters the stock market, it may be the largest IPO in Indian history, even if just 5 per cent of its paid-up equity capital is offered to the public. The top five IPOs in India so far are Coal India, Reliance Power, General Insurance Corporation of India (GIC Re), ONGC and SBI Cards and Payment Services. Each of these have been in the vicinity of Rs 10,000 crore. The Secretary for the Department of Investment and Public Asset Management (DIPAM) also said that the government's core focus in terms of disinvestment will be strategic sale and the major chunk of revenue from offer of shares on the stock markets, be it an IPO or offer for sale (OFS) would come from the LIC IPO. SEE ALSO: <a href="https://www.businessinsider.in/business/news/reliance-subsidiary-to-sell-all-of-its-upstream-assets-in-marcellus-shale-play-for-250-million/articleshow/80682497.cms" data-type="tilCustomLink">Reliance subsidiary to sell all of its upstream assets in Marcellus shale play for $250 million</a> <a href="https://www.businessinsider.in/business/corporates/news/kishore-biyani-says-sebi-ban-wont-stop-future-group-deal-with-reliance/articleshow/80680781.cms" data-type="tilCustomLink">Kishore Biyani says SEBI ban won't stop Future Group's deal with Reliance</a>

LIC IPO to launch in October — Government may reserve 10% portion for policyholders

<ul class="summary-list"><li><keyword id="4427948" type="PERSON" weightage="60" keywordseo="uber-eats">Uber Eats</keyword> rival <keyword id="2850943" type="PERSON" weightage="60" keywordseo="Deliveroo">Deliveroo</keyword> is moving further along the IPO process, picking Goldman Sachs as lead bankers for a possible IPO, Sky News reported.</li><li>A source confirmed to Business Insider in September that Deliveroo was exploring a float.</li><li>Sky News reports an IPO would value Deliveroo at £2 billion ($2.6 billion).</li><li>Deliveroo has said it went from near collapse prior to lockdown to profitability in May and June.</li></ul>Amazon-backed <keyword id="6376068" type="UNKNOWN" weightage="60" keywordseo="food-delivery">food delivery</keyword> firm Deliveroo has chosen Goldman Sachs to lead a possible IPO in 2021, <a href="https://news.sky.com/story/deliveroo-picks-goldman-to-steer-restaurant-app-to-london-float-12089031">Sky News</a> reported.The float is likely to value the company at more than £2 billion ($2.6 billion), per the report.A source close to Deliveroo confirmed to Business Insider last month <a href="https://www.businessinsider.com/deliveroo-ipo-early-discussions-2020-9">the startup was in early discussions about a float</a>, though it's possible the company will explore other options.Deliveroo did not immediately respond to Business Insider's request for comment.This news comes two months after Amazon's 16% stake in Deliveroo was cleared by the UK's competition watchdog in August. Amazon had invested as part of a $575 million round in May 2019, but the cash was put on ice over competition concerns. Rival services, including Domino's Pizza, lobbied against the deal, arguing that other delivery businesses would not be able to compete. The deal was cleared in August 2020, but <a href="https://www.businessinsider.com/amazon-fined-72000-for-deliveroo-document-delay-by-uk-regulator-2020-9">Amazon was hit with a £55,000 ($72,364) fine</a> in September for causing "unnecessary delays to the CMA's investigation" by submitting 189 documents after the initial deadline.Deliveroo has consistently reported losses over the years as it tries to shore up market share against European market leader Just Eat, and Uber Eats. The Amazon investment and IPO chatter suggests a turnaround in its fortunes.The company signaled that it has ballooned during the pandemic as demand for <keyword id="6181" type="COMPANY" weightage="60" keywordseo="Food">food</keyword> deliveries soared during lockdown. In September, the app said it was hiring 15,000 new contractor delivery riders by the end of the year. The company has also stated it was profitable through May and June.

Amazon-backed food delivery unicorn Deliveroo reportedly picked Goldman Sachs for a 2021 IPO

<ul><li>Krsnaa Diagnostics is likely to announce its share allotment status for its IPO on Wednesday.</li><li>The public issue was oversubscribed by 64.40 times on the third and last day of listing.</li><li>The company received bids for 45.80 crore shares as against 71.12 lakh shares on offer.</li><li>Check out the latest news and updates on <a href="https://www.businessinsider.in/">Business Insider</a>.</li></ul>Krsnaa Diagnostics is likely to announce its share allotment status for its initial public offering (IPO) on Wednesday, August 11. Krsnaa Diagnostics offers a wide range of diagnostic services such as imaging, pathology or clinical laboratory and tele-radiology services to public and private hospitals, medical colleges and community health centres across India. The company is looking to raise ₹1,213 crore at the higher end of the price band of ₹933-954 per share. It will use the proceeds to aid its expansion plans and set up new diagnostics centres in different parts of the country — Punjab, Karnataka, Himachal Pradesh and Maharashtra. A part of the proceeds would also be used for repayment and prepayment of loans. The issue opened for bidding on August 4 to August 6, and it was oversubscribed by 64.40 times. The company received bids for 45.80 crore shares as against 71.12 lakh shares on offer. Here is how to check Krsnaa Diagnostics’ IPO allotment status on stock exchange website: <ul><li>Go to the <a href="https://www.bseindia.com/investors/appli_check.aspx">BSE website</a> or NSE website<a href="https://www1.nseindia.com/products/dynaContent/equities/ipos/ipo_login.jsp"> here</a>.</li><li>On BSE, Select 'Equity' and then from the dropdown, select 'Krsnaa Diagnostics’.</li><li>Now, enter your application number and PAN.</li><li>Click on 'Search'.</li><li>Please note the details will only be available once the shares are allotted.</li></ul>You can also visit the registrar website (Link Intime India) to check your application <ul><li>Visit the registrar's website <a href="https://linkintime.co.in/MIPO/Ipoallotment.html">here</a>.</li><li>Click on 'Select company' and click on ‘Krsnaa Diagnostics’.</li><li>Once the company is selected, you will have to enter either your PAN detail, the application number, or the client ID.</li><li>Enter the captcha and click ’submit’.</li></ul>Once you hit 'submit', the status of your application will appear on the screen. Please ensure the details that you provide are correct. It will show the number of shares you subscribed to and the number of shares allotted to you. SEE ALSO <a href="https://www.businessinsider.in/business/startups/news/oyo-takes-first-step-towards-a-1-2-billion-ipo/articleshow/85176310.cms">OYO takes first step towards a $1.2 billion IPO, reportedly appoints 3 investment banks</a> <a href="https://www.businessinsider.in/business/startups/news/investment-firm-iron-pillar-is-planning-to-bring-assets-worth-1-billion-under-management-aum/articleshow/85161486.cms">FreshtoHome and BlueStone-backer Iron Pillar is planning to bring assets worth $1 billion under management</a> <a href="https://www.businessinsider.in/business/telecom/news/vodafone-idea-and-airtel-shares-fall-as-sc-rejects-agr-dues-re-computation-appeal/articleshow/84668288.cms">Vodafone Idea sinks nearly 10% and Airtel tumbles a bit after India’s Supreme Court denies a discount on past dues</a>

Krsnaa Diagnostics IPO: How to check your allotment status

<ul><li>Shares of <keyword id="11901692" type="General" weightage="20" keywordseo="cartrade-tech-ipo" source="Orion">CarTrade Tech IPO</keyword> got listed at 1.12% discount from its price band of ₹1585-1618 per share.</li><li>The IPO was subscribed 20.29 times on the last day of the bidding.</li><li>The market capitalisation of the company stood at ₹7,333.45 crore.</li></ul>Shares of CarTrade Tech made a weak listing on the National Stock Exchange (NSE) and BSE at a 1.12% discount from its issue price of ₹1585-1618 per share. Post listing, the market capitalisation of the company stood at ₹7,333.45 crore, according to BSE data. The shares of CarTrade Tech were trading at ₹1556, 3% higher at 10.01 a.m., on August 20. The market sentiment also looked dull as benchmark indices Sensex and Nifty 50 were trading lower. The grey market price of the stock had suggested around 8-10% premium over the upper price band of ₹1618. The IPO received good demand from investors on the last day of the initial public offering (IPO) bidding process as the issue size was subscribed 20.29 times on the last day. It received bids for 26.31 crore shares as against 1.29 crore shares on offer. The issue was open for subscription between August 9 and August 11. The company is a 12-year old startup that operates online platforms like CarWale, CarTrade, BikeWale, CarTradeExchange and AutoBiz for users interested in buying and selling new and used vehicles. “CarTrade is an electronic exchange focusing on the auto sector and thus there is no peer company having similar business operations. At a higher price band...we feel it is attractive considering its scalable business model, profitable operations and business growth opportunities in the auto sector value chain,” said the report by Choice Broking . The company was looking to raise ₹3,000 crore through the listing. The company’s revenue from operations have increased at a compound annual growth rate (CAGR) rate of 26.4% over FY18-FY21. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/corporates/news/liquor-companies-profit-rise-on-the-back-of-rising-sales-in-spirits-segment-whiskey-rum-gin-tequila-but-beer-sales-fall/articleshow/85468879.cms">Indians drank less beer during the pandemic but liquor companies are still high on profits ⁠— here’s why</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/agritech-startup-agnext-raises-21-million/articleshow/85477895.cms">Agritech startup AgNext raises $21 million to expand into Middle East, Europe and Asia</a>

You Searched For "new ipo in august" and got 12 results

Medplus Healthcare Services looks to raise ₹1,639 crore via IPO

Bhakti Makwana

CarTrade IPO: Here’s how to check allotment status, listing date and more

Mona Pachake

A Chinese stock is skyrocketing 3,100% in its debut on US markets, following a trend of little-known stocks from China that soar in an IPO

Phil Rosen

WeWork bonds tumble to their lowest since IPO filing as uncertainty rattles investor nerves

Daniel Strauss

IPO activity broke 3rd-quarter records as firms rushed to get deals done before Fed tapering, EY says

Isabelle Lee

Shares of Krsnaa Diagnostics gets a tepid reception at the bourses, list at 7% premium

Bhakti Makwana

CarTrade IPO ⁠— the share sale by this profitable tech startup gets a unanimous call for ‘subscribe’

Bhakti Makwana

Jack Ma's Ant Group gets the green light from Chinese regulators for its Hong Kong IPO, a report says

Saloni Sardana

LIC IPO to launch in October — Government may reserve 10% portion for policyholders

IANS

Amazon-backed food delivery unicorn Deliveroo reportedly picked Goldman Sachs for a 2021 IPO

Grace Dean

Krsnaa Diagnostics IPO: How to check your allotment status

Kritti Bhalla

CarTrade Tech gets a dull response at the exchanges, shares list at 1.12% discount

Bhakti Makwana

Popular Keywords

Buying Guides