Initial Coin Offering

HyFun Foods targets ₹1,500 crore revenue in FY26, aims IPO by 2028

The company stated that the funds raised through the IPO will be used to support ongoing expansion efforts to fully tap into the growth potential of the business

Silverton Industries files IPO papers, seeks ₹300 cr via fresh issue

Eco-friendly paper manufacturer Silverton Industries has filed draft papers with markets regulator Sebi seeking its approval to garner funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 300 crore, and an offer-for-sale of 3.22 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Friday. Proceeds from the fresh issue to the tune of Rs 129.4 crore would be used towards capital expenditure for sustainability initiatives at the existing manufacturing facility, such as the installation of a 14 MW waste-to-energy captive power plant and a compressed bio gas plant. An additional Rs 25.25 crore will be used to enhance the rewinder and sheeter capacity and to construct in-house warehouses at the existing facility, Rs 72 crore for the payment of debt and the remaining funds for general corporate purposes. Silverton Industries is into manufacturing and marketing of eco-friendly ...

Transrail Lighting IPO listing: Shares list at 36% premium on BSE, NSE

Transrail Lighting IPO listing: On BSE, the shares listed at Rs 585.15 per share, reflecting a premium of Rs 153.15, or 35.45 per cent, which was in line with market expectation

Temasek invests $60m in Upgrad, valuation holds steady at $2.25 billion

Singapore's Temasek invests $60 million in Upgrad, maintaining a $2.25B valuation, while founder Ronnie Screwvala increases his stake to 45 per cent amid strategic changes for growth

REPL Group gets registration for SM-REIT from Sebi, to launch IPO soon

Rudrabhishek Enterprises Ltd (REPL), which offers consultancy for integrated urban development and infrastructure, has received registration for Small and Medium Real Estate Investment Trusts (SM REITs) from market regulator SEBI. The approval is under the name ImpactR SM REIT, REPL said in a statement on Thursday. This is the second SM-REIT in India to receive this registration following the new regulations. "We will soon be launching our first IPO (Initial Public Offering) under ImpactR SM REIT. Moving forward, we plan to expand beyond traditional residential and commercial assets, introducing diverse asset classes such as warehousing, hospitals, hotels, and industrial spaces," said Pradeep Misra, CMD of REPL. SEBI first notified the regulations for SM-REITs on March 8, 2024, setting out a regulatory framework aimed at streamlining Fractional Ownership Platforms (FOPs) and enabling wider participation in real estate investments. With this registration, REPL will serve as the ...

Unicommerce eSolutions IPO subscribed 12.22 times on Day 2 of share sale

The initial public offer of SoftBank-backed Unicommerce eSolutions got subscribed 12.22 times on Wednesday, the second day of subscription. The IPO received bids for 17,20,68,750 shares against 1,40,84,681 shares on offer, according to data available with the NSE. The portion for Retail Individual Investors (RIIs) attracted 35.54 times subscription while the quota for non-institutional investors got subscribed 19.50 times. The Qualified Institutional Buyers (QIBs) part received 80 per cent subscription. The initial public offering (IPO) of Unicommerce eSolutions got fully subscribed within hours of opening for subscription on Tuesday. The issue, with a price band of Rs 102-108 a share, is open for public subscription from August 6-8. Unicommerce eSolutions on Monday said it has garnered over Rs 124 crore from anchor investors. The issue is entirely an offer-for-sale (OFS) of up to 2.56 crore equity shares valued at Rs 276.6 crore at the upper end of the price band. Therefore, the

Suraj Estate IPO opens today: Price band at Rs 340 to Rs 360 per share

The shares of Suraj Estate Ltd are available at a premium of Rs 70 in the grey market on Monday, which is Rs 14 higher from its weekend GMP of Rs 56

LIC IPO scheduled for allotment on May 12: Here's how to check it online

LIC IPO saw 2.95 times more demand than the shares on offer on the final day of bidding

Pressing question before India's tech unicorns: Where to bring an IPO?

Business Standard breaks down key listing requirements in India, in the US and the possibility in a few other scenarios

DoorDash makes US IPO filing public, reveals rapid revenue growth

In its IPO filing, DoorDash reported revenue of $1.92 billion for the first nine months of 2020

How much have initial coin offerings raised in 2018? Depends on who you ask

With the cryptocurrency market nearly 80 percent off its peak, a critical question is exactly how much the ICO boom has deflated

So you want to structure an ICO? Consider these legal issues first

There are many ways to structure your ICO or digital token sale

What are initial coin offerings and why are investors flocking to them?

ICOs are typically built on the technology of another cryptocurrency called Ethereum

Initial coin offering: The easiest path to riches on the web

Online fund-raising has made it easier than ever to raise large sums