The Latest Breaking News from IPO

Clients Asking About IPOs? Here's a 5-Step Framework for the Conversation

Using these steps, financial advisers can walk clients through the IPO process and the realities while also addressing the client's long-term financial plan.

Kiplinger · Jul 9

SpaceX Stock Dropped 34% From Its High. This Trade Pays You to Bet It Stays There.

Learn how a bear call spread could help traders profit if SpaceX stays below key levels as IPO hype cools and volatility falls.

Barchart · Jul 9

SBI Funds Management IPO: What portion is reserved for SBI's 38 lakh shareholders?

SBI Funds Management's Rs 11,693-crore IPO has earmarked up to 1.3 crore shares worth nearly Rs 750 crore for eligible SBI shareholders. The offer opens on July 14, with over 38 lakh SBI shareholders eligible to apply under the reserved category, subject to meeting the company's eligibility criteria.

The Economic Times · Jul 9

Kusumgar IPO Day 2: GMP at 38%, Rs 650-crore issue sees strong investor interest

Kusumgar IPO GMP Day 2: The IPO received a solid response on Day 1, with the issue subscribed 3.45 times against the 1.14 crore shares on offer. The retail investor portion was subscribed 3.52 times, while the Non-Institutional Investors (NIIs) category saw a strong 7.35-times subscription.

The Economic Times · Jul 9

SBI Funds Management sets IPO price band at Rs 545–574 for Rs 11,693 crore public offer

The anchor book will open on Monday, July 13. The IPO will open for subscription on Tuesday, July 14, and close on Thursday, July 16.

The Economic Times · Jul 9

Laser Power & Infra's Rs 742 crore IPO opens for bidding; GMP hints at 10% listing gain

Laser Power & Infra's Rs 742 crore IPO opened for subscription on Thursday. The integrated manufacturer of power cables and conductors is drawing interest in the grey market. The company's shares are commanding a premium, signalling potential listing gains over the issue price. The IPO will remain open for subscription…

The Economic Times · Jul 9

CarDekho joins IPO queue; Tech’s quiet job cuts

Happy Thursday! CarDekho is finally hitting the accelerator on its long-planned IPO. This and more in today’s ETtech Morning Dispatch.

The Economic Times · Jul 9

BofA extends first $520 million loan to OpenAI ahead of IPO

The loan makes BofA one of OpenAI's largest lenders and bolsters its credentials as a market leader ‌in AI-related capital ⁠markets ⁠financing, the source said, requesting anonymity to discuss confidential information.

The Economic Times · Jul 8

SpaceX Has Massive Multiyear Put Options Volume As SPCX Falls Below IPO Price

SpaceX stock has fallen below its $150 IPO price, but institutional investors likely sold a massive volume of SPCX put options at $80.00. That is $75 below its price today, expiring almost 2.5 years from now.

Barchart · Jul 8

SBI Funds Management IPO to open on July 14. Check details

SBI Funds Management has filed its red herring prospectus for an IPO comprising only an offer for sale by SBI and Amundi India Holding. The listing will offer investors exposure to India’s fast-growing mutual fund industry without raising fresh capital.

The Economic Times · Jul 8