Page 85 - Latest Updates on IPO
Policybazaar IPO: SoftBank to sell 20% of its stake worth Rs 1,875 crore
The Japanese venture fund currently has a 13 per cent stake in the IPO-bound company
 "Policybazaar IPO: SoftBank to sell 20% of its stake worth Rs 1,875 crore")
Nykaa gets Sebi nod for IPO, may launch Rs 5,300-cr offer by month-end
Sources said the Falguni and Sanjay Nayar-promoted firm is looking to launch its maiden offering at valuations of more than Rs 45,000 crore ($6 billion)
 "Nykaa gets Sebi nod for IPO, may launch Rs 5,300-cr offer by month-end")
Nykaa IPO to open on October 28; priced at Rs 1,085-1,125 apiece
Nykaa IPO: At the top-end of the band, the beauty startup will be valued at Rs 53,200 crore
Policybazaar's Rs 5.8k-crore IPO to open on Monday: Check details here
The IPO comprises a fresh issue of Rs 3,750 crore, along with an offer for sale (OFS) of Rs 1959.72 crore by existing promoters and shareholders
 "Policybazaar's Rs 5.8k-crore IPO to open on Monday: Check details here")
Snapdeal strengthens board with two additions ahead of its Rs 3,000 cr IPO
Zomato Chairman Kaushik Dutta and MD-CEO for ESG Stewardship Services at ECube Investment Advisors inducted
 "Snapdeal strengthens board with two additions ahead of its Rs 3,000 cr IPO")
Fino Payments Bank IPO to open on October 29, price band Rs 560-577 a share
The offer consists of Rs 300 crore fresh fund raise and Rs 900 crore secondary share sale by promoter Fino Paytech
Volvo cuts back size of planned IPO as Europe deal market tightens
The carmaker, owned by China's Zhejiang Geely Holding Group Co., is now selling shares to raise about 20 billion kronor, Volvo said Monday.
 "Volvo cuts back size of planned IPO as Europe deal market tightens")
TMS, Ep 27: BPCL sale, Andrew Holland Q&A, Nykaa IPO, shapes of recovery
What will be the policy implication of the BPCL sale? What are Andrew Holland's favourite themes for markets in Samvat 2078? What are the various shapes of economic recovery? Get all the answers here
 "TMS, Ep 27: BPCL sale, Andrew Holland Q&A, Nykaa IPO, shapes of recovery")
Four-tier scale-based regulatory guidelines for NBFCs from Oct 2022: RBI
Regulator limits IPO financing at Rs 1 cr per borrower
 "Four-tier scale-based regulatory guidelines for NBFCs from Oct 2022: RBI")
Paytm's Rs 16,600 cr IPO gets Sebi nod, listing likely in November: sources
Paytm was launched in 2009 as a mobile-first digital payments platform to enable cashless payments
 "Paytm's Rs 16,600 cr IPO gets Sebi nod, listing likely in November: sources")
Paytm may skip pre-IPO share sale to fast-track listing
Paytm, backed by SoftBank, Berkshire Hathaway, and Jack Ma's Ant Group, plans to raise as much as $2.2 billion from its share sale, according to its draft prospectus
 "Paytm may skip pre-IPO share sale to fast-track listing")
WeWork goes public through SPAC, 2 years after failed IPO attempt
The office-leasing company scrapped plans for an IPO in 2019 after investors' concerns over its business model and corporate governance and its founder and former CEO Adam Neumann
 "WeWork goes public through SPAC, 2 years after failed IPO attempt")
Policybazaar's parent firm PB Fintech gets Sebi nod for Rs 6,017-cr IPO
As per the draft papers, the firm may consider raising around Rs 750 crore by way of a private placement of equity shares ahead of the IPO
 "Policybazaar's parent firm PB Fintech gets Sebi nod for Rs 6,017-cr IPO")
Volvo Car eyes $2.6 billion through Stockholm IPO, says report
The deal values Volvo Cars at as much as $23 billion
GPT Healthcare files draft IPO papers with Sebi; may raise up to Rs 500 cr
Proceeds from the fresh issuance of shares will be used to purchase medical equipment and general corporate purposes.
 "GPT Healthcare files draft IPO papers with Sebi; may raise up to Rs 500 cr")
Hyderabad-based Penna Cement gets Sebi nod for Rs 1,550 crore IPO
The IPO includes fresh issue of Rs 1,300 crore and anoffer for sale of up to Rs 250 crore by its promoter PR Cement Holdings, which currently holds 33.41% stake in the company
MobiKwik turns unicorn ahead of initial public offering
The company has received markets regulator Sebi's approval to launch an initial public offering, through which it plans to raise up to Rs 1,900 crore.
 "MobiKwik turns unicorn ahead of initial public offering")
Air India sale kicks off privatisation drive, next up LIC listing: Official
Tuhin Kanta Pandey, spearheading the drive to sell state enterprises or shut them down, said the government hoped to complete the valuation exercise of LIC by November-December
 "Air India sale kicks off privatisation drive, next up LIC listing: Official")
India a key driver in global IPO boom in the third quarter, says EY
547 IPOs the world over raised $106.3 bn in Q3 of CY2021, up 18% by deals than previous third-quarter record set in 2007 and 11% higher mop up than the last record setting third quarter in 2020
 "India a key driver in global IPO boom in the third quarter, says EY")
CSS Corp looking at tuck-in acquisitions to enhance offerings: CEO
CSS Corp, which is looking at going in for an IPO towards the end of 2023 as a standalone business, counts India among its largest talent base
 "CSS Corp looking at tuck-in acquisitions to enhance offerings: CEO")