Page 66 - Latest Updates on IPO
Sebi puts Warburg Pincus-backed Biba Fashion's IPO in 'abeyance'
As part of the OFS, promoter Meena Bindra and private equity investors Warburg Pincus-backed Highdell Investment and Faering Capital India Evolving Fund are proposing to offload shares
 "Sebi puts Warburg Pincus-backed Biba Fashion's IPO in 'abeyance'")
Why Zomato's pre-public offer investors are rushing to the exit door
Though stock has crashed 65% from peak, most pre-IPO investors are in-the-money even at beaten-down valuations
 "Why Zomato's pre-public offer investors are rushing to the exit door")
Why the Hong Kong-based $200 billion AMTD Digital stock is no GameStop
AMTD Digital Inc. has risen 14,000% since listing in New York, giving it a market value of more than $470 billion at one point this week
 "Why the Hong Kong-based $200 billion AMTD Digital stock is no GameStop")
26-yr-old winemaker Sula to test Indian IPO market after tech unicorns flop
Sula Vineyards Ltd., which last month filed for an initial public offering, says it has over a 50% share of India's small but rapidly growing wine market
 "26-yr-old winemaker Sula to test Indian IPO market after tech unicorns flop")
Adani Capital planning IPO as soon as 2024 at $2-bn valuation: CEO
The Gautam Adani-backed NBFC is planning to raise at least Rs 1,500 cr through IPO, says MD & CEO Gaurav Gupta
 "Adani Capital planning IPO as soon as 2024 at $2-bn valuation: CEO")
Family offices bet bigger on start-ups, opt for direct investments
Direct investment or co-investing with Indian VC/PE funds in companies is increasingly catching up
 "Family offices bet bigger on start-ups, opt for direct investments")
Zomato slumps 11%, closes at new low of Rs 47.55 as one-yr IPO lock-in ends
Nearly Rs 1,300 crore worth of shares changed hands in the counter - six times more than its six-month average
 "Zomato slumps 11%, closes at new low of Rs 47.55 as one-yr IPO lock-in ends")
Go First likely to raise money via IPO to manage financial crisis: Report
As per latest available financials, the airline reported a loss of Rs 923 crore during April-September 2021 though its total revenue rose by 105 per cent to Rs 1,202.90 crore during the same period.
 "Go First likely to raise money via IPO to manage financial crisis: Report")
Sai Silks files IPO draft papers with Sebi; eyes up to Rs 1,200 cr
Ethnic apparel retailer Sai Silks (Kalamandir) Limited has filed preliminary papers with capital markets regulator Sebi to raise as much as Rs 1,200 crore through an initial public offering (IPO).
 "Sai Silks files IPO draft papers with Sebi; eyes up to Rs 1,200 cr")
Number of PE-backed IPOs drop by 50% YoY in first half of calendar 2022
The major PE-backed IPO so far this calendar has been that of logistics major Delhivery. It saw Carlyle, China Momentum Fund, Softbank sell stakes worth $131 mn
 "Number of PE-backed IPOs drop by 50% YoY in first half of calendar 2022")
Battered by three decades of controversy, TMB looks back to the future
The storied bank hopes to put its troubles behind it with its impending IPO
 "Battered by three decades of controversy, TMB looks back to the future")
Govt revives IPO plans for RRBs, asks sponsor banks to identify candidates
Sponsor banks - that hold about 35 per cent in RRBs - have been asked to handhold regional lenders at all stages from identification of merchant bankers to the conclusion of IPO
One year of startup listings: Exuberance tapers as firms lose grip on gains
After Zomato's promising start, global tech meltdown halts listing gravy train
 "One year of startup listings: Exuberance tapers as firms lose grip on gains")
Vikram Limaye's tenure ends at NSE, sources say no successor named yet
NSE had started MD & CEO selection process in March. Vikram Limaye was eligible for another five-year term but opted out
 "Vikram Limaye's tenure ends at NSE, sources say no successor named yet")
Realty firm Signature Global files Rs 1,000-cr IPO papers with Sebi
The company proposes to utilise the net proceeds from the fresh issue towards payment of the debt, inorganic growth through land acquisitions and general corporate purposes
Unacademy to cut down expenses, will float IPO in two years: CEO
There will be no business class travel for any employee including top founders and top management and dedicated drivers for top executives will also be removed, says CEO
 "Unacademy to cut down expenses, will float IPO in two years: CEO")
Agro-chemical firm GSP Crop Science plans Rs 500-cr IPO next year
Agro-chemical firm GSP Crop Science Pvt Lt is looking to launch a Rs 500-crore IPO (Initial Public Offering) by next year, according to its managing director Bhavesh Shah.
 "Agro-chemical firm GSP Crop Science plans Rs 500-cr IPO next year")
Tata Tech plans IPO by fiscal-end, the first by Tata group in 18 years
The company is in talks with several banks, including Citibank, to manage the share sale; The last share sale by a Tata firm was in 2004, when TCS floated an IPO
 "Tata Tech plans IPO by fiscal-end, the first by Tata group in 18 years")
WhiteOak Capital launches its maiden NFO; to open on July 12
WhiteOak Capital Mutual Fund, the new entrant to the mutual fund space, on Thursday announced the launch of its first new fund offering WhiteOak Capital Flexi Cap Fund.
 "WhiteOak Capital launches its maiden NFO; to open on July 12")
IndiaFirst Life Insurance selects bankers for IPO expected later this year
IndiaFirst will be the fourth private sector life insurer to get listed on the bourses
 "IndiaFirst Life Insurance selects bankers for IPO expected later this year")