Page 53 - Latest Updates on IPO
OYO to double Char Dham Yatra hotels this year to meet increased demand
IPO-bound company says 40 new properties will spread key locations of pilgrimage
 "OYO to double Char Dham Yatra hotels this year to meet increased demand")
Brookfield, Tata Group in talks to invest in upcoming IPO of Nexus Malls
By M. Sriram and Rama Venkat
 "Brookfield, Tata Group in talks to invest in upcoming IPO of Nexus Malls")
Blackstone backed Nexus Malls sets IPO price band at Rs 95-100 per unit
India's Nexus Malls, Blackstone Inc-backed mall real estate investment trust portfolio, has set price band for its 32 billion rupees initial public offering at 95 rupees to 100 rupees per unit
 "Blackstone backed Nexus Malls sets IPO price band at Rs 95-100 per unit")
IPO-bound TVS SCS raises Rs 520 cr from Hero, Bajaj, SBI and others
Company has sought market regulator's approval to raise as much as Rs 750 cr
 "IPO-bound TVS SCS raises Rs 520 cr from Hero, Bajaj, SBI and others")
British Microchip giant Arm files for IPO in US to raise $10 billion
British microchip designing giant Arm has filed to sell its shares in the US, setting the stage for what could be the biggest stock market listing this year
 "British Microchip giant Arm files for IPO in US to raise $10 billion")
Nexus Select Trust's Rs 3,200 crore REIT IPO to hit capital market on May 9
Global investment firm Blackstone-sponsored Nexus Select Trust will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT initial public offering (IPO)
Mankind Pharma's Rs 4,326-crore IPO garners bids worth Rs 50,000 crore
The Rs 4,326-cr offering garnering bids worth nearly Rs 50,000 cr
 "Mankind Pharma's Rs 4,326-crore IPO garners bids worth Rs 50,000 crore")
Alibaba slashes Cloud prices by 50% to drive adoption before IPO
The price cuts are one way for the company to attract more customers, said Zhang Yi, who tracks China's cloud computing sector at research firm Canalys
 "Alibaba slashes Cloud prices by 50% to drive adoption before IPO")
PE firms prune NSE holdings by 24% in Q4 amid uncertainty over IPO
As per latest shareholding data, SAIF Partners, Acacia Banyan Partners, Ontario Teachers, and Deccan Value Investors have cut their exposure by as much as 24 per cent
 "PE firms prune NSE holdings by 24% in Q4 amid uncertainty over IPO")
Mankind Pharma's Rs 4,326-crore IPO: Issue subscribed 14% on Day 1
The company's IPO closes on Thursday
 "Mankind Pharma's Rs 4,326-crore IPO: Issue subscribed 14% on Day 1")
Mankind Pharma raises Rs 1,298 cr from anchor investors ahead of IPO
Canada Pension Plan Investment Board (CPPIB), the Government of Singapore, SBI Multi Cap Fund, and Fidelity Investment Trust were some investors who were allotted shares under the anchor quota
 "Mankind Pharma raises Rs 1,298 cr from anchor investors ahead of IPO")
Street signs: Defence stocks may rise, Mankind Pharma IPO, and more
After having recorded seven straight months of outflows, equity savings schemes are expected to witness a change of fortune in the months ahead
 "Street signs: Defence stocks may rise, Mankind Pharma IPO, and more")
Top headlines: Amritpal arrested, Reliance withdraws RNEL merger proposal
Business Standard brings you top headlines at this hour
 "Top headlines: Amritpal arrested, Reliance withdraws RNEL merger proposal")
Global IPO market shows signs of life even as recession fears persist
The global market for initial public offerings is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia
 "Global IPO market shows signs of life even as recession fears persist")
Mankind Pharma's Rs 4,326-crore initial public offering to open April 25
The offering is entirely a secondary share sale by promoters, global private equity firm Cairnhill and some other investors of the firm
 "Mankind Pharma's Rs 4,326-crore initial public offering to open April 25")
Deal activity declines 35% to $9.7 bn in March 2023 quarter: Report
The main reason for the poor show was the tepid IPO market, which plunged to USD 84.4 million from USD 1 billion in Q1 of 2022
 "Deal activity declines 35% to $9.7 bn in March 2023 quarter: Report")
Online used to be 99% of revenues, share is coming down: FreshToHome CEO
'If you look at it, the size of the industry is around Rs 3 trillion, which is roughly around $50 billion'
 "Online used to be 99% of revenues, share is coming down: FreshToHome CEO")
Blackstone arm to launch India's first retail REIT, raise Rs 4,000 cr
The retail REIT public offer is expected to raise around Rs 4,000 crore, of which Rs 1,600 crore would be primary public offerings
 "Blackstone arm to launch India's first retail REIT, raise Rs 4,000 cr")
Blackstone-backed Nexus Select likely to launch retail REIT IPO in May
Global investment firm Blackstone-sponsored Nexus Select Trust is likely to launch India's first retail REIT public offer in early May to raise up to Rs 4,000 crore
 "Blackstone-backed Nexus Select likely to launch retail REIT IPO in May")
Fintech firm BankBazaar.com plans to go public in next 12-18 months
Prior to the IPO, BankBazaar is planning to raise a round of capital and has appointed ICICI Securities to advice it on the same
 "Fintech firm BankBazaar.com plans to go public in next 12-18 months")