InCred Holdings submits draft prospectus to Sebi for upcoming IPO launch
Financially, InCred Finance reported a profit after tax of Rs 372 crore in FY25, up 18 per cent year-on-year, and its total income surged 50 per cent to Rs 1,255 crore
Currently, the company supports over 1,000 customers across India, the UAE, and Southeast Asia
The Rs 6,632-crore IPO of digital investment platform Groww drew bids worth Rs 64,000 crore, with robust participation from institutional and retail investors
Consecutive weak listings by Studds Accessories and Orkla India have dimmed India's IPO frenzy, even as analysts flag valuation concerns and a cooling in grey market sentiment
The stock market will see three major listings, including Groww, Pine Labs, and Lenskart, marking another active week for investors
Lenskart IPO witnessed decent investor interest, achieving an overall oversubscription of 17.5 times, driven largely by strong participation from QIBs
PhysicsWallah IPO: The ₹3,480-crore issue comprises a fresh issue of 284.4 million shares aggregating to ₹3,100 crore and an offer for sale (OFS) of 34.9 million shares aggregating to ₹380 crore.
Groww IPO Day 3 update: Check latest subscription status, GMP, allotment date, listing date, and other key details here
As investors await the subscription window to open, here are some key details from the Red Herring Prospectus (RHP) of Tenneco Clean Air India
Ahead of its IPO, Pine Labs raised ₹1,753 crore from 70 institutional investors through an anchor book on November 6
Cofounders say they will not entertain investors who them to increase course prices for revenue
Tenneco Clean Air IPO is an entirely OFS. The company has raised its issue size to ₹3,600 crore from ₹3,000 crore planned earlier
Pine Labs aims to raise ₹3,899.1 crore from the IPO, comprising a fresh issue of 94.1 million shares amounting to ₹2,080 crore and OFS of 82.3 million shares amounting to ₹1,819.9 crore
As investors await the subscription window to open, here are some key details from the Red Herring Prospectus (RHP)
PhysicsWallah offers test preparation courses for competitive examinations and other courses for upskilling
Once the allotment is finalised, applicants can verify their allotment status online through the official websites of the BSE, NSE, or MUFG Intime India, the registrar to the issue
While Groww IPO attracts moderate interest, analysts debate if listed peers offer better value for money
The UK-based firm eyes Rs 6,000 crore investment to expand Evonith Steel's capacity and explore acquisitions, with a public issue planned in 18-24 months
Edtech major to raise Rs 3,480 crore through fresh issue and OFS; proceeds to fund marketing, offline centre expansion, and tech infrastructure