Page 4 - Latest Updates on IPO
Poor listing! Waterways Leisure Tourism shares debut 15% below IPO price
Waterways Leisure Tourism operates Cordelia Cruises, India's domestic ocean cruise brand, offering luxury cruise experiences across domestic and international destinations.
 "Poor listing! Waterways Leisure Tourism shares debut 15% below IPO price")
Oyo parent PRISM files updated IPO papers, aims to raise ₹6,650 crore
Hospitality-tech firm plans a ₹6,650 crore fresh issue with no offer for sale, while most of the proceeds will be used to repay borrowings and strengthen its balance sheet
 "Oyo parent PRISM files updated IPO papers, aims to raise ₹6,650 crore")
Vedanta's CopperTech Metals postpones US IPO amid market volatility
The company, which was targeting a valuation of up to $3.57 billion, said it would defer the NYSE listing because of volatility across the global copper equity sector
 "Vedanta's CopperTech Metals postpones US IPO amid market volatility")
Waterways Leisure IPO fully booked on Day 3; Sebi resolves 5,500 complaints
Waterways Leisure Tourism's IPO closes fully subscribed, Advit Jewels sees massive demand, while Sebi seeks clarification on Jio Platforms' public issue
Bajaj Auto's largest buyback to turn ex-date; tender opens July 1
Bajaj Auto's record ₹5,633 crore buyback, JSW Infra's ₹7,503 crore QIP, and mixed IPO subscriptions highlight active primary market momentum in India
 "Bajaj Auto's largest buyback to turn ex-date; tender opens July 1")
Square Yards raises $95 million, plans $50 million more before IPO
Proptech firm secures $95 million through debt and equity and is targeting another $50-60 million as it strengthens its balance sheet ahead of a public listing
 "Square Yards raises $95 million, plans $50 million more before IPO")
NSE IPO windfall: Early institutional investors set for multifold gains
Several institutional investors acquired NSE shares at fractions of a rupee, positioning them for substantial gains as the exchange prepares for what could be India's largest IPO
 "NSE IPO windfall: Early institutional investors set for multifold gains")
NSE IPO: After long wait, large payday likely ahead for early backers
OFS could unlock huge gains for long-term shareholders, with SBI, Stock Holding Corporation and insurers sitting on decades-old stakes
 "NSE IPO: After long wait, large payday likely ahead for early backers")
Razorpay moves closer to market debut with confidential IPO filing
The fintech major has confidentially filed draft papers with Sebi for an IPO that could raise ₹5,000-6,000 crore and value the company at up to ₹60,000 crore
 "Razorpay moves closer to market debut with confidential IPO filing")
Is SpaceX worth $1.77 trillion? Some investors call it 'pie in the sky'
Elon Musk's rocket company is spending big and losing money, raising questions about whether it can justify its valuation for its blockbuster initial public offering
 "Is SpaceX worth $1.77 trillion? Some investors call it 'pie in the sky'")
How Asia's locked-out investors are trading SpaceX IPO with limited access
Investors across Asia are turning to space-related stocks, sector ETFs and Nasdaq 100 funds to gain indirect exposure to potential gains from the SpaceX IPO
 "How Asia's locked-out investors are trading SpaceX IPO with limited access")
Musk's SpaceX raises record $75 bn in world's biggest IPO at $135 a share
The sale breaks the previous record for the largest-ever IPO held by state-run oil giant Saudi Aramco, which raised $25.6 billion on Riyadh's exchange in December 2019, valuing it at $1.71 trillion
 "Musk's SpaceX raises record $75 bn in world's biggest IPO at $135 a share")
ED summoned Zepto's Aadit Palicha, Kaivalya Vohra over FEMA compliance
Zepto's updated IPO papers show founders Aadit Palicha and Kaivalya Vohra received ED summons under FEMA, with the company also flagging regulatory risks to investors
 "ED summoned Zepto's Aadit Palicha, Kaivalya Vohra over FEMA compliance")
SpaceX IPO marks the peak of AI euphoria, says Chris Wood of Jefferies
SpaceX is planning to sell 555.6 million shares at a fixed price $135 per share. This will raise $75 billion and value the company at $1.77 trillion.
 "SpaceX IPO marks the peak of AI euphoria, says Chris Wood of Jefferies")
Eyeing SpaceX, OpenAI stocks? Global investment platforms offer access
While selecting one, check the safeguards and the tax-reporting support offered by it
SpaceX IPO fever sparks global hunt for aerospace, satellite stocks
With restrictions in parts of Asia on how retail investors may access the IPO, traders are scoping out regional suppliers to ride the SpaceX-driven rally
 "SpaceX IPO fever sparks global hunt for aerospace, satellite stocks")
ED summoned Zepto founders in April under Fema ahead of IPO, UDRHP reveals
The UDRHP revealed ED asked Zepto's founders to provide information related to foreign and overseas investments, audited financial statements since FY21, shareholding patterns, loans and guarantees.
 "ED summoned Zepto founders in April under Fema ahead of IPO, UDRHP reveals")
Perplexity targets 2028 IPO regardless of Anthropic or OpenAI listings
The SpaceX IPO this week will definitely be a leading indicator of how Anthropic or OpenAI will go out, CEO Aravind Srinivas said
 "Perplexity targets 2028 IPO regardless of Anthropic or OpenAI listings")
OpenAI files confidential IPO paperwork, opens path for Wall Street debut
OpenAI CEO Sam Altman first publicly floated the possibility of an IPO last fall, describing it as the "most likely path" for the company given its size and the need for vast amounts of capital
 "OpenAI files confidential IPO paperwork, opens path for Wall Street debut")
Zepto files updated DRHP, plans to raise ₹8,010 crore via fresh issue
Zepto has filed its updated draft papers with Sebi for a proposed ₹10,000 crore IPO, with the proceeds earmarked for expansion, technology investments and business growth
 "Zepto files updated DRHP, plans to raise ₹8,010 crore via fresh issue")