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Infibeam Incorporation Ltd IPO Current News

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A decade later, most Indian internet companies are as far from an IPO as when they started off
Wed, 04 Oct 2017 01:00:00 GMT
In September 2015, when Ahmedabad-based e-commerce firm Infibeam received regulatory approval for a Rs450 crore IPO, there was a lot of excitement, too. However, when the IPO opened, the response was lukewarm. No mutual fund applied for a single share.

Infibeam plans Rs1,000 crore IPO in the next six months
Thu, 30 Oct 2014 10:29:45 GMT
Online retailer appoints Axis Bank to be lead book runner for IPO, seeks to list on both NSE and BSE “We aim to become the first e-commerce company to get listed on the stock exchange,” said Infibeam chief executive officer (CEO) Vishal Mehta, who has ...

Infibeam IPO Hits Capital Markets: Should You Invest?
Mon, 21 Mar 2016 05:22:05 GMT
Infibeam Incorporation, which launched its initial public offer (IPO) on Monday to raise Rs 450 crore from the primary markets, is the first Indian e-commerce firm to bring an IPO. The e-commerce firm, founded by former Amazon.com employee Vishal Mehta in ...

Infibeam IPO closes today, sees tepid interest, subscribed 0.89 times thus far
Wed, 23 Mar 2016 06:47:00 GMT
NEW DELHI: The Rs 450 crore initial public offering (IPO) of Infibeam Incorporation has received bids for 1.11 crore shares, or 0.89 times, the total issue size as of 11.30 hours on Wednesday, the last day of the issue. Infibeam, the first online e ...

Infibeam IPO fully subscribed, institutional demand thin
Wed, 23 Mar 2016 03:22:28 GMT
MUMBAI (Reuters) - Indian online retailer Infibeam Incorporation’s initial public offering (IPO) attracted thin demand from institutional investors, just selling the total number of shares on offer to raise about $67.32 million in the country’s first e ...

Excited about Infibeam IPO? 6 key things to know
Mon, 21 Mar 2016 03:38:00 GMT
With the primary market heating up, e-commerce industry is also joining the band wagon on Dalal Street. Infibeam's IPO, the first in the ecomm space, will open for subscription on March 21-23. The company is planning to raise Rs 450 crore, with issue ...

Infibeams IPO subscribed 0.16x, RIIs show muted interest
Mon, 21 Mar 2016 09:00:00 GMT
Infibeam IPO, India's first in the e-commerce sector, opened today for subscription. Infibeam, promoted by Ajit Mehta, Vishal Mehta, and Malav Mehta, has opted to raise Rs. 450cr directly from the primary market. At the close of market, as per NSE data ...

E-commerce valuations correct but Infibeam refuses to compromise
Mon, 21 Mar 2016 20:23:00 GMT
The company's issue seems highly expensive at current valuations and investors should give its IPO a miss, said IIFL in its research note. Infibeam Incorporation, the first e-commerce company in India to launch an initial public offer (IPO) to raise Rs 450 ...

Infibeam files for IPO in first e-commerce listing
Thu, 02 Jul 2015 02:58:38 GMT
Indian e-retailer Infibeam filed a draft prospectus for an initial public offering (IPO) to raise 4.5 billion rupees ($70.69 million), becoming the first of India's ecommerce companies to list its shares on the domestic market. Infibeam's IPO comes at a ...

Indias Infibeam files for IPO in first ecommerce listing
Wed, 01 Jul 2015 00:15:51 GMT
July 1 (Reuters) - Indian e-retailer Infibeam filed a draft prospectus for an initial public offering (IPO) to raise 4.5 billion rupees ($70.69 million), becoming the first of India’s ecommerce companies to list its shares on the domestic market.

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