Tag: Invesco

IndustryLatest Stories

IndiQube Spaces IPO Fully Subscribed; Retail Portion 7x Over

NEW DELHI: IndiQube Spaces’ ₹700-crore initial public offering (IPO) saw full subscription by the second day of bidding, driven by strong interest from retail and non-institutional investors. The IPO, which kicked off on July 23, is set to close on July 25, 2025. As of 5:04 PM on July 24, the IPO was subscribed 2.68 times overall, with the retail segment oversubscribed at 7.32 times. The employee allocation was subscribed 4.74 times, while the qualified institutional buyer (QIB) section was 1.49 times subscribed. Non-institutional investors (NII) saw a subscription of 1.94 times, with small NIIs bidding at 2.62 times and…

IndustryLatest Stories

Invesco Sells Oberoi Realty, Lodha Shares for ₹3,202 Cr

Representative image created by AI NEW DELHI: Investment management firm Invesco has sold over 2 crore shares of real estate companies Oberoi Realty and Lodha Developers for a total of ₹3,202 crore through open market transactions. The US-based firm, via its affiliate Invesco Developing Markets Fund, divested a little over 1 crore equity shares—2.95% of its stake in Oberoi Realty, according to bulk deal data from the BSE. Shares were sold at ₹1,754.26 each, totaling roughly ₹1,883.21 crore. As of the June quarter, Invesco Developing Markets Fund held a 3.01% stake in Oberoi Realty. In a separate transaction on the…