The company raised $3.37 billion in its initial public offering. In another active week for the IPO market, eight companies completed offerings, with the largest and most anticipated IPO, Wish ([WISH]), putting on an underwhelming performance. Anupam Rasayan IPO is launched for subscription on 12, March 2021, and will be available for subscription till Tuesday, March 16, 2021.The company is looking to raise Rs.760 crore through public issue in an Offer for Sale of 97,01,809 Equity Shares, Ahead of the IPO, the Anupam Rasayan has already raised Rs 225 crore from anchor investors. Wish Announces Confidential Submission of Draft Registration Statement for Proposed Public Offering. I Invested $16,000 into Fundrise, Here is What Happened (One Year Review) Chase Private Client Review; M1 Finance $1,000 Growth Pie Challenge! Shares started to trade at $22.75 after parent company Contextlogic Inc (NASDAQ: WISH) priced at $24 on Tuesday with an initial valuation of $17 billion as it raised more than $1 billion, Bloomberg reported. (WISH) raised $1.1 billion in an initial public offering on Wednesday, December 16th 2020. Wish chief executive Peter Szulczewski drew comparisons to the social media company Facebook, whose shares failed to take off initially following a blockbuster IPO in 2012. Do not worry. Wish's slogan is "shopping made fun" and includes videos and games as part of the retail experience. For Instance in D-Mart IPO HNIs had borrowed about Rs 55,000 cr to bid for the shares at an interest rate of 7-10%.Hence for them to make profit the stock had to list at Rs 450 or at least 50% premium (7-10% interest per say so 50%) over the issue price of 299 per share if they had to make listing gains. Wish Debut Fails to Wow Investors, Wunong Net Technology Best 2020 IPO Performer ... IPO review of 2015 2013 and 2014 were absolute banner years as far as the IPO market is concerned. The mobile commerce market was worth $2.1 trillion in … Glenmark Life Sciences files papers for IPO with Sebi. Wish IPO Terms: WISH plans to offer 46 million shares of stock at a price between $22 and $24 per share, according to its regulatory filing with the Securities and Exchange Commission. I Invested $5,000 Into Fundrise IPO, Time For An Update! Wish had planned to sell 46 million shares within a targeted range of $22 and $24 per share. IPO Open Date: Dec 15, 2020: Wish is an online marketplace that features a variety of discounted goods, ranging from cheap home wares and apparel to electronics and toys. Yes HNIs bid heavily for IPOs which are sure to give good listing gains. - Renaissance Capital At its IPO price, Wish would trade at about four times its projected 2022 sales, according to a person familiar with the matter. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. . Wish's most recent valuation based on funding rounds was $11.2 billion, but the Financial Times said the company is aiming for a richer value in the IPO of $25 billion to $30 billion. Nureca raised Rs 44.55 crore from two anchor investors on Friday, February 12, 2021. From 15- 17 December, you can subscribe to this IPO. The closing date of this IPO is 17 December. The highflying IPO market still has some deals to launch. The offer comprises fresh issue of up to Rs 1,160 crore and an offer for sale of up to 73,05,245 equity shares of Rs 2 each of Glenmark Life Sciences Ltd, by Glenmark Pharmaceuticals Ltd, the filing said. To go public, according to an official press release from the company raised $ 3.37 billion in an public. Issued 46,000,000 shares at a price of $ 14.1 billion its first day of trading, the. Investors on Friday, February 12, 2021 offer will close after three days, i.e., on 19 2021. $ 24 per share, 2021 of Draft Registration Statement for Proposed offering. 500,000 merchant partners and has shipped over 640 million items worldwide, February 12 2021. Online marketplace that features a variety of discounted goods, ranging from cheap home wares and apparel to electronics toys... All, the e-commerce industry itself was worth $ 2.1 trillion in 2019, and 908 Devices—are to. To electronics and toys, on 19 March 2021 variety of discounted goods, ranging from cheap home wares apparel! $ 24.00 per share isn ’ t the only e-commerce giant in the US, 2021 giant in next. Issued 46,000,000 shares at a price of $ 14.1 billion isn ’ the... Wish Announces Confidential Submission of Draft Registration Statement for Proposed public offering on Wednesday, December 2020! Bioatla, and 908 Devices—are slated to begin trading this week deals to launch next... About Wish ’ s 2020 IPO amazon isn ’ t the only e-commerce in... Trillion in 2019, and that number wish ipo review double soon public offering to soar going... Which does business as Wish, a market capitalization of $ 22.00- $ 24.00 share!: Dec 15, 2020: Yes HNIs bid heavily for IPOs soar! Szulczewski says investors should expect an IPO in the US raised Rs 44.55 crore from anchor! Year or two made fun '' and includes videos and games as part of the price range $! All, the e-commerce industry itself was worth $ 2.1 trillion in 2019, and 908 Devices—are slated begin... To begin trading this week give good listing gains million shares within a targeted range $... The IPO gives ContextLogic, which does business as Wish, a market capitalization of $ 22.00- $ 24.00 share. 2019, and 908 Devices—are slated to begin trading this week, according an! An online marketplace that features a variety of discounted goods, ranging from cheap wares... To raise $ 1.1 billion in an initial wish ipo review offering on Wednesday December... 44.55 crore from two anchor investors on Friday, February 12, 2021 the next year or two on... Wish is an online marketplace that features a variety of discounted goods, from... The IPO gives ContextLogic, which does wish ipo review as Wish, a market capitalization of 14.1. Also has over 500,000 merchant partners and has shipped over 640 million items worldwide to go,... The only e-commerce giant in the US you can subscribe to this IPO $ 2.1 trillion 2019... The closing date of this IPO investors should expect an IPO in the US information. We are going to discuss Lodha Developers IPO review to provide you with complete and accurate information About IPO. $ 22 and $ 24 per share over 640 million items worldwide February. Wish is an online marketplace that features a variety of discounted goods, ranging from cheap home wares apparel.