Page 14 - Initial Public Offering Ipo

Temasek-backed meat delivery startup Licious targets $2 billion IPO

Licious, founded in 2015, is the latest to join the queue for India's IPO market after a blockbuster year for listings in 2024 when more than $20 billion was raised by local firms

Shein exec reassures investors after Trump crackdown on low-value imports

Shein investors include Sequoia Capital, General Atlantic, Declaration Partners, Brookfield, and Claure Group, according to PitchBook

IPO-bound Udaan raises $75 million from M&G, Lightspeed, and others

Udaan co-founder and chief executive officer Vaibhav Gupta said that the company was in advanced talks to close an additional equity round of $25 million from potential investors in the coming quarter

Quality Power IPO receives 83% subscription on second day of offer

The initial public offer of Quality Power Electrical Equipments Ltd received 83 per cent subscription on the day two of bidding on Monday. The initial share sale got bids for 92,24,514 shares against 1,11,12,530 shares on offer, as per NSE data. The quota for non-institutional investors garnered 1.10 times subscription while Retail Individual Investors (RIIs) part got subscribed 1.07 times. The category for Qualified Institutional Buyers (QIBs) received 62 per cent subscription. The energy transmission equipment and technologies company has garnered over Rs 386 crore from anchor investors. The Rs 859-crore Initial Public Offering (IPO) will conclude on Tuesday. The IPO is in a price range of Rs 401-425 per share. The initial public offer has a fresh issue of equity shares aggregating up to Rs 225 crore and an offer-for-sale (OFS) of 1.5 crore shares valued at Rs 634 crore at the upper end of the price band. This takes the total issue size to Rs 859 crore. Proceeds from the fresh

Hexaware Technologies IPO subscribed 2.7 times, driven by strong QIB demand

The company had allotted shares worth almost Rs 2,600 crore to anchor investors

Eyecare hospital chain MaxiVision plans expansion in Maharashtra, eyes IPO

MaxiVision is also setting its sights on the stock market, with plans to go public within the next two years

Ola Consumer turns Ebitda profitable; revenue declines 21% in FY24

Full-year Ebitda (excluding discontinued operations) grew significantly to Rs 271 crore from Rs 87 crore last year

Shein's IPO to be delayed to second-half after US 'de minimis' repeal

Shein was aiming to go public in London in the first-half of this year, assuming it secured approvals from regulators in the UK and China, Reuters reported last month

Shein's IPO to be delayed to second-half after US 'de minimis' repeal

Shein was aiming to go public in London in the first-half of this year, assuming it secured approvals from regulators in the UK and China, Reuters reported last month

Innovatiview India files draft papers with Sebi for Rs 2,000 crore IPO

Noida-based Innovatiview India, has filed preliminary papers with capital markets regulator Sebi to raise Rs 2,000 crore through an initial public offering. The proposed Initial Public Offering (IPO) is entirely an Offer-For-Sale (OFS) of equity shares worth up to Rs 2,000 crore by promoters, according to the Draft Red Herring Prospectus (DRHP) filed on Thursday. The OFS consists of the sale of shares worth up to Rs 800 crore each by Ashish Mittal and Ankit Agarwal, and up to Rs 320 crore worth of shares by Vishal Mittal and Abhishek Agarwal will be offloading shares for Rs 80 crore, respectively. Since the IPO is entirely an OFS, the company will not receive any funds from the issue and the proceeds will go to the selling shareholder. Innovatiview India is a technology-driven company providing automated ancillary security and surveillance solutions for examinations, elections and large-scale events pan-India. As of September 30, 2024, the company is the largest player for examina

Private equity likely to grow in India as IPOs wane, say industry leaders

The PE sector is expecting a higher number of deals this year, especially in financial services, IT and healthcare sectors

Hexaware Technologies IPO opens today; GMP remains flat; should you apply?

Hexaware Technologies IPO opens today: Check price band, lot size, GMP, reviews, allotment date, listing date, and other details

Quality Power's Rs 859 cr IPO to open on Feb 14 with fresh issues, OFS

Quality Power, an energy transmission equipment and power technologies company, on Monday fixed a price band of Rs 401 to Rs 425 per share for its Rs 859-crore initial public offering (IPO). The initial share-sale will open for public subscription on February 14 and conclude on February 18. The bidding for anchor investors will open for a day on February 13, the company announced. The company's valuation has been pegged at nearly Rs 3,300 crore at the upper-end of the price band. The initial public offering (IPO) comprises a fresh issue of equity shares aggregating up to Rs 225 crore and an offer-for-sale (OFS) of 1.5 crore equity shares valued Rs 634 crore at the upper-end of the price band. This aggregates the issue size to Rs 859 crore. As part of the OFS, promoter Chitra Pandyan will offload shares of the company. The Pandyan family holds 100 per cent stake in Maharashtra-based Quality Power. Proceeds from the fresh issue would be utilised for the acquisition of Mehru Electri

Indian stock market braces for over $4 billion of expiring IPO lockups

Lockups on FirstCry operator BrainBees Solutions Ltd., Ceigall India Ltd., Ola Electric Mobility Ltd. and Unicommerce eSolutions Ltd. end today

Companies trim IPO sizes to ride market roller coaster, say experts

Slowing corporate earnings, FPI outflows behind valuation reassessment, say experts

PS Raj Steels sets price band at Rs 132-140 for IPO to open on Feb 12

P S Raj Steels on Thursday said it has fixed a price band of Rs 132-140 per share for its initial public offering (IPO) which will hit the capital markets on February 12. The Rs 28-crore public issue will conclude on February 14. The shares of the company will be listed on the NSE's SME platform Emerge, the steel maker said in a statement. The IPO is entirely a fresh issue of up to 20.20 lakh equity shares with a face value of Rs 10 each. At the upper end of the price band, the company will mobilise about Rs 28.28 crore from the public issue. Investors can bid for a minimum of 1,000 shares and in multiples thereof, it added. According to the red herring prospectus (RHP), PSSR intends to utilise Rs 26.50 crore of the total IPO proceeds towards working capital requirements and the remaining funds will be used for issue-related expenses. Hisar-headquartered P S Raj Steels Ltd (PSSR) is one of the leading manufacturers and suppliers of stainless-steel pipes and tubes in India, offering

Solarium Energy sets price band of Rs 181-191 for IPO to open on Feb 6

Solarium Green Energy on Tuesday said it has set the price band at Rs 181-191 per share for its Rs 105 crore initial share sale, which will hit capital markets for public subscription on February 6. The public issue will close on February 10 and the shares of the firm will be listed on BSE's SME platform. Investors can bid for a minimum of 600 shares and in multiples thereof, the company said in a statement. The initial public offering (IPO) is entirely a fresh issue of 55 lakh equity shares. At the upper end of the price band, the company will fetch up to Rs 105.04 crore from the IPO. The net proceeds from the IPO are to meet working capital requirements and to address general corporate purposes. "The funds raised through this IPO will enhance our working capital, ensuring seamless project execution and positioning Solarium to capitalise on emerging opportunities in the renewable sector," Ankit Garg, Chairman & Managing Director of Solarium Green Energy, said. Solarium Green ...

ITC Hotels removed from Sensex; Dr Agarwal slips on stock market debut

Shares of the luxury hotel operator last closed at Rs 165, down 4.2 per cent, with over Rs 700 crore worth of shares changing hands

SMPP, Brigade Hotel among 8 companies to get Sebi nod to float IPOs

As many as eight firms including defence equipment manufacturer SMPP, Brigade Hotel and PVC blend-based building material maker Kumar Arch Tech have received Sebi's go ahead to raise over Rs 6,500 crore through initial public offerings (IPOs). Other companies that have received Sebi's approval include Solarworld Energy Solutions, Indogulf Cropsciences, Globe Civil Projects, and Prostarm Info Systems, an update with the markets regulator showed on Tuesday. Together, these firms aim to raise more than Rs 6,500 crore. Sebi received preliminary IPO documents from these firms between October and November, and issued its observations during January 28-31, the update showed. In Sebi's parlance, obtaining the observations means its go ahead to float the public issue. Meanwhile, auto component maker Viney Corporation withdrew its draft IPO papers on January 27 without giving a reason. The preliminary documents were filed in October. As for SMPP Ltd, its Rs 4,000-crore IPO includes a fresh

IPO-bound logistics unicorn Shiprocket may double down on acquisitions

The Gurugram-headquartered company, which is eyeing an initial public offering (IPO) and is in the planning stages, recently converted to a public company