Invesco's previous fair value of Swiggy stood at around $8.3 billion at the end of January this year
Ahead of filing its draft IPO papers, Swiggy is intensifying efforts to enhance its financial performance and reduce cash burn
By streamlining costs and maximising efficiency, the company aims to enhance its financial performance while expanding its market presence
Other banks are likely to be added to work on the IPO, the people said. The Gurugram-based company could raise between $850 million to $1 billion in the offering, they said
The company has filed a prospectus for IPO, which it is planning to launch in the first half of FY25
Investors bid for 1.23 billion shares at a price range of 542 to 570 rupees per share, which was 29.88 times more than the 41.2 million shares offered, data from the NSE showed
The telecom operator's Rs 4,275-crore issue was the largest in nearly a year
The rival of NSE, BSE ( formerly Bombay Stock Exchange), launched its IPO in 2017 and is currently listed on the NSE
Bharti Hexacom provides telecommunication services in Rajasthan and the Northeast
The optimism as regards the higher mop-up via the IPO route in FY25, the note said, is mainly on account of buoyancy in the secondary markets
Bharti Hexacom, a subsidiary of Bharti Airtel, operates in the Rajasthan and the Northeast telecommunication circles
Bharti Hexacom IPO: At the higher end of the price band of Rs 542 to Rs 570, the company aims to raise Rs 4,275 crore
TAC Infosec's initial share sale received an overwhelming response from the investors as it received 392.56 times subscriptions on the last day of the offer on Tuesday.
While IPOs returned to major venues in Europe and the US, the slowdown in Asia was mostly due to Beijing's decision to ramp up scrutiny of domestic new share sales as it tries to boost confidence
Saraswati Saree Depot's IPO comprises a fresh issue of 72.45 lakh equity shares and 35.55 lakh equity shares by promoters, according to the draft papers
The company confidentially submitted its IPO plans to the US Securities and Exchange Commission earlier
The S&P BSE IPO Index, a gauge tracking the after-listing performance of newly listed companies, has risen by 69 per cent in this financial year
At present, promoters and promoter group entities hold 100 per cent stake in the company
Moreover, the company may consider raising up to Rs 250 crore in the "pre-IPO placement" round. If such placement is completed, the fresh issue size will be reduced
The Rs 130.20 crore IPO received bids for 37,57,05,680 shares against 43,40,100 shares on offer, as per NSE data