Page 67 - Latest Updates on IPO
Fund-raising drive on track, majority of the $800 mn received, says Byju's
The firm said its payments to education firm Aakash for a $1-billion deal struck last year have concluded and the audited financial results will be out in 10 days
 "Fund-raising drive on track, majority of the $800 mn received, says Byju's")
Corrtech International gets Sebi's go-ahead to raise funds through IPO
Corrtech International, a pipeline laying solutions provider, has received capital markets regulator Sebi's go ahead to raise funds through an Initial Public Offering (IPO).
 "Corrtech International gets Sebi's go-ahead to raise funds through IPO")
Tracxn in wait-and-watch mode over timing of proposed public offer
The company will take a call on its listing once the stock market stabilises, according to its founders
 "Tracxn in wait-and-watch mode over timing of proposed public offer")
Healthvista India files draft papers for IPO to raise about Rs 1,000 cr
The company is an out-of-hospital healthcare provider with brand Portea
 "Healthvista India files draft papers for IPO to raise about Rs 1,000 cr")
Edible oil brand Gulab Oils eyes Rs 5,000 crore turnover in four years
Plans to enter ten states from four currently, expand capacity 10-fold to 1,000 tonnes a day and make additions to product portfolio
 "Edible oil brand Gulab Oils eyes Rs 5,000 crore turnover in four years")
Natural stone processor Global Surfaces files IPO draft papers with Sebi
The IPO comprises fresh issuance of 85.20 lakh equity shares and an offer-for-sale (OFS) of up to 25.5 lakh equity shares by promoters ---- Mayank Shah and Sweta Shah, according to the DRHP.
 "Natural stone processor Global Surfaces files IPO draft papers with Sebi")
Officer's Choice whisky maker Allied Blenders files Rs 2,000-cr IPO papers
The IPO comprises fresh issue of equity shares worth Rs 1,000 cr and an Offer For Sale to the tune of Rs 1,000 cr by promoter and promoter group entity, according to the DRHP
 "Officer's Choice whisky maker Allied Blenders files Rs 2,000-cr IPO papers")
15-yr record in IPO filing with Sebi belies market volatility, shows data
This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture
 "15-yr record in IPO filing with Sebi belies market volatility, shows data")
Udaan lays off about 180 employees in a move to drive cost-efficiency
The layoffs have happened at a time when Udaan is trying to turn into a publicly listed entity in 18-24 months
 "Udaan lays off about 180 employees in a move to drive cost-efficiency")
Stock market volatility to impact India Inc's fundraising plans: Analysts
Rising interest rates, too, do not augur well for corporate India as they will make raising money via debt expensive
 "Stock market volatility to impact India Inc's fundraising plans: Analysts")
Most analysts positive on Nykaa as firm takes rollercoaster ride after IPO
However, there is a significant variance in valuations, ranging from Rs 1,300 to Rs 1,730
 "Most analysts positive on Nykaa as firm takes rollercoaster ride after IPO")
Skincare start-up Mamaearth eyes $3 bn valuation in 2023 IPO: Report
Company, popular in India with its range of 'toxin-free' products last valued at $1.2 bn.
TMSEp198: Bird strike on planes, ex-servicemen jobs, markets, IPO vs FPO
What can be done to prevent bird hits on planes? How have ex-servicemen fared in finding govt jobs? Is there a silver lining for the markets? How is an IPO different from FPO? All answers here
 "TMSEp198: Bird strike on planes, ex-servicemen jobs, markets, IPO vs FPO")
What is the difference between an IPO and FPO?
An initial public offer (IPO) and a follow-on public offer (FPO) are two types of public issues available to investors. Here is a breakdown of the differences between the two.
 "What is the difference between an IPO and FPO?")
Inox Green Energy files fresh draft papers with Sebi for Rs 740-cr IPO
The IPO comprises fresh issuance of equity shares worth Rs 370 crore and an offer-for-sale of equity stocks aggregating to Rs 370 crore by promoter Inox Wind
 "Inox Green Energy files fresh draft papers with Sebi for Rs 740-cr IPO")
India Exposition Mart gets Sebi's go ahead to float Rs 600-cr IPO
Going by the draft papers, the company may consider a private placement of equity shares aggregating up to Rs 75 crore. If such pre-IPO placement is undertaken, the fresh issue size will be reduced.
 "India Exposition Mart gets Sebi's go ahead to float Rs 600-cr IPO")
 "Stitched Textiles Limited files IPO upto Rs. 200 Crore with SEBI")
IIFL Home Finance looks to raise Rs 5,000 cr via direct assignment
Firm to scale up funding to developers, especially those complying with green finance norms
 "IIFL Home Finance looks to raise Rs 5,000 cr via direct assignment")
Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming
DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr
 "Delta Corp rises 12% after gaming arm files DRHP, stock underperfoming")
PhonePe prepping for IPO; seeks valuation of $8 bn-$10 bn: Report
Also, the company has initiated plans to move its registered holding entity from Singapore to India, underlining its 'made in India' credentials.
 "PhonePe prepping for IPO; seeks valuation of $8 bn-$10 bn: Report")