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Fino Payments Bank limited is to come up with an initial public offer to raise funds from the public. Issue size of the offer is Rs 1,300 crore, which comprises fresh issue of Rs 300 crore and an offer for sale of 15.6 million equity shares. The face value of each share is Rs 10. This issue is a book built issue; this IPO is opening for subscription from 29th of October to 2nd November, date of allotment of shares will be on 9th November and the listing date of IPO is on 12th November 2021. https://www.directusinvestments.com/ ☎️+91 9810674598 (IN),

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The IPO is inviting the public to subscribe for securities of the company public shareholding under the articles of incorporation or upon increasing the capital of the company list in accordance with the terms and conditions presented legislation in force, and is the IPO one of the important methods of corporate finance to enable them to achieve the goals intended from its inception, in addition to its contribution in expanding the base of investors in the stock market.

Punjab and Sind Bank will hit the capital market with an initial public offering (IPO) of 50 million shares in June to raise around Rs.500 crore for business expansion, the public sector lender's managing director G.S. Vedi said on Monday.

There are various circumstances in which the company are left with minority shareholders even in the case of private company or unlisted public company and listed public company which was delisted but all the shareholders did not offer shares in the delisting offer.

The shareholding pattern post amalgamation may vary based on the number of shares tendered by public in the open offer to be launched by Birlasoft's promoters and KPIT's promoters. That means the Promoters Shareholding post amalgamation includes 5,13,49,673 Equity Shares, fully tendered by public shareholders in open offer.

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India Friday said listed companies must have 25 percent minimum public holding to broadbase the shareholding pattern and bring more transparency in capital markets - a move that is expected to see a deluge of primary offers worth nearly $45 billion.

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Shares of Dai-ichi Life Insurance Co, Japan's second-largest life insurer, surged 14 percent to 160,000 yen ($1,713) when they made their debut on Thursday on the Tokyo Stock Exchange after the nation's largest initial public offering (IPO) in more than a decade.