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Equity IPOs

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  • The Skr1.4bn (€143m) IPO of Boozt, the Nordic online fashion retailer, was this week covered at its maximum size throughout its price range.
  • Nova Ljubljanska Banka, Slovenia's largest bank, has sold its entire 13.1% stake in Istrabenz, the conglomerate, ahead of NLB's long awaited reprivatisation, according to a regulatory filing on Monday.
  • India Grid Trust has priced its Rp22.5bn ($351m) IPO at the high end of the range despite being stung by IRB InvIT Fund’s poor debut.
  • India’s divestment body has pushed back the request for proposals deadline for merchant banker and selling broker positions on the sell-down in mining and power firm NLC India.
  • Indian hospital operator Shalby filed a draft red herring prospectus last Friday for a possible Rp7bn ($108m) IPO via three bookrunners.
  • Shares in Munters, the Swedish climate control systems group backed by Nordic Capital, traded as much as 26% above their offer price on Friday after they began trading on Nasdaq Stockholm after its Skr4bn (€422m) IPO.