On Tuesday, DreamFolks Services raised Rs 253 crore from anchor investors
The startup, which serves global brands like Samsung and Apple, would have achieved the 'unicorn' status after this round itself, if not for a few challenging conditions set by investors.
The company has decided to allot 7.76 crore shares to anchor investors at a price of Rs 326 apiece, aggregating the transaction size to Rs 253 crore, according to a circular on BSE's website.
The draft offer documents for the IPO were withdrawn on August 16 and the reasons for the withdrawal have not been disclosed, an update with the markets regulator showed on Tuesday.
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The Initial Public Offering (IPO) is entirely an Offer-For-Sale (OFS) of up to 1.72 crore equity shares by promoters -- Liberatha Peter Kallat, Dinesh Nagpal and Mukesh Yadav.
Out of 27 such IPOs, the offer of GoAir will be the first one to expire
API Holdings, the parent company of PharmEasy, wrote to shareholders announcing withdrawal of DRHP
The Initial Public Offer (IPO) of Syrma SGS Technology was subscribed 32.61 times on the final day on Thursday
The qualified institutional buyer portion was subscribed 71 per cent. Retail and the two categories meant for high networth individuals garnered over three times subscription
About 13.6% stake in Sona BLW Precision Forgings is likely to be sold via block deals on Thursday
The firm produces solar photo-voltaic modules and is an integrated solar energy solutions provider offering EPC services, and operations and maintenance services
Unicorn will be first general insurer to be listed on the bourses in five years
The offer got bids for 2,62,69,148 shares against 2,85,63,816 shares on offer, according to the NSE data.
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its dairy products under the Amul brand, on Tuesday increased prices of its Gold, Taaza and Shakti milk brands by Rs 2 per litre.
India's Digit Insurance, backed by Canadian billionaire Prem Watsa's Fairfax Group, has filed for an initial public offering, papers submitted to the market regulator showed on Tuesday.
IT hardware and mobile accessories firm Balaji Solutions has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
Through the IPO, the company is planning to raise Rs 766 crore by issuing fresh shares
Balaji Speciality Chemicals has filed preliminary with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
Shares of Zomato gained 2 per cent to close at Rs 55.6