Global Offshore Services Ltd News
Fintech firm Groww eyes IPO in 2025, seeks $6-8 billion valuation
The company, which is the largest broker and also the biggest mutual fund (MF) distributor, plans to raise around $700 million (around Rs 6,000 crore)
 "Fintech firm Groww eyes IPO in 2025, seeks $6-8 billion valuation")
Rupee depreciation may exacerbate market sell-off if downtrend continues
On Monday, the rupee was trading at 86.58 against the dollar, a fresh low amidst a rising dollar and outflows from Indian equities
 "Rupee depreciation may exacerbate market sell-off if downtrend continues")
Economy strong, but equities face valuation challenge: ICICI Prudential MF
ICICI Prudential MF says investors should prefer hybrid, large-cap schemes
 "Economy strong, but equities face valuation challenge: ICICI Prudential MF")
Laxmi Dental IPO receives 5.28 times subscription on first day of bidding
The initial share sale received bids for 4,73,96,250 shares against 89,70,371 shares on offer, translating into 5.28 times subscription
 "Laxmi Dental IPO receives 5.28 times subscription on first day of bidding")
Sebi gives nod to JSW Cement's Rs 4,000 cr IPO after 4-month hold-up
The cement making arm of the steel-to-energy JSW group filed for an IPO worth up to Rs 4,000 crore ($461.46 million) in September, aiming to capitalise on the country's booming stock market
 "Sebi gives nod to JSW Cement's Rs 4,000 cr IPO after 4-month hold-up")
Zepto gets NCLT approval to shift domicile back to India ahead of 2025 IPO
Zepto will not require a no-objection-certificate (NOC) from the Reserve Bank of India, the order read
 "Zepto gets NCLT approval to shift domicile back to India ahead of 2025 IPO")
