Page 15 - Initial Public Offering Ipo

Udaan raises $114 mn from M&G Investments, Lightspeed ahead of planned IPO

The funding is expected to bolster Udaan's balance sheet and provide added financial flexibility ahead of its planned IPO

Udaan raises $114 mn from M&G Investments, Lightspeed ahead of planned IPO

The funding is expected to bolster Udaan's balance sheet and provide added financial flexibility ahead of its planned IPO

IPO-bound Oyo seeks to rename parent firm to pursue premiumisation

OYO Founder Ritesh Agarwal has invited name suggestions for its parent firm Oravel Stays, in a strategic move as the global travel tech platform prepares to launch its IPO and looks to have more premium segment offerings. There is a high possibility that the name chosen through the exercise may end up being the name of the premium hotels app that OYO has been working to launch in the near future, people familiar with the strategy told PTI. Agarwal took to social media platforms to seek name suggestions to help craft a "new identity". "We're renaming the corporate brand behind it all. Not the hotel chain, not a consumer product -- but the parent company powering a global ecosystem of urban innovation and modern living. We believe it's time the world had a new kind of global brand -- born in India, but built for the world," the OYO founder said in the post on Thursday. Agarwal shared that it should be a bold, one-word corporate name, global in feel, not tied to one culture or languag

Prostarm Info Systems IPO subscribed 97x; Scoda Tubes offer booked 8.11x

The initial public offering (IPO) of stainless-steel tubes and pipes manufacturer Scoda Tubes fetched 8.11 times subscription on the second day of bidding on Thursday

Prostarm Info Systems IPO receives 12.65x subscription on day-2 of offer

The Rs 168-crore initial share sale of integrated power solution company Prostarm Info Systems received 12.65 times subscription on day two of the bidding on Wednesday. The initial public offering (IPO) received bids for 14,16,94,842 shares, as against 1,12,00,000 shares on offer, as per NSE data. The non institutional investors category got subscribed 27.23 times, while the quota for Retail Individual Investors (RIIs) fetched 13.04 times subscription. The Qualified Institutional Buyers (QIBs) part received 1.03 times subscription. The IPO has a fresh issue of 1.6 crore equity shares. The price band for the offer is fixed at Rs 95-105 per share. Prostarm Info Systems intends to utilise Rs 72.50 crore of the total IPO proceeds towards funding capital requirements of the company, Rs 17.95 crore for payment of debt and the remaining capital will be used for achieving inorganic growth through unidentified acquisitions and other strategic initiatives as well as for general corporate ...

Neptune Petrochemicals IPO Day 1 update; check subscription, GMP, key dates

Neptune Petrochemicals IPO opened for subscription today; here are the key details including price band, lot size, subscription status, allotment date, listing, and more

NR Vandana Textile IPO opens; check price band, lot size, GMP, key dates

N R Vandana Tex Industries IPO opens for subscription today: Check all key details such as GMP, date, lot size, and price band here

Coal India files draft papers for CMPDIL IPO to offload 7.14 crore shares

This move follows Coal India's announcement that draft papers for both CMPDIL and BCCL would be filed soon; only CMPDIL's IPO is in motion for now

Fusion CX files IPO papers with Sebi; seeks to raise Rs 1,000 crore

Fusion CX Ltd, a customer experience service provider, has filed preliminary papers with Sebi seeking its nod to raise Rs 1,000 crore through an initial public offering (IPO). The Kolkata-headquartered firm's IPO comprises fresh issue of equity shares aggregating up to Rs 600 crore and an Offer for Sale (OFS) of equity shares valued Rs 400 crore, according to the draft red herring prospectus (DRHP) filed on Monday. The OFS comprises stake sale by promoters P N S Business Private Ltd and Rasish Consultants Private Ltd. Besides, the company may raise up to Rs 120 crore in a Pre-IPO placement round. If such an initiative is completed, the fresh issue size will be reduced. Fusion CX proposes to utilize proceeds of the fresh issue to the tune of Rs 292 crore for payment of debt, Rs 75 crore towards investment in step-down subsidiaries - Omind Technologies Inc and Omind Technologies Private Limited - for upgrading IT tools. Additionally, funds will be used for pursuing inorganic growth

Fusion CX files IPO papers with Sebi; seeks to raise Rs 1,000 crore

Fusion CX Ltd, a customer experience service provider, has filed preliminary papers with Sebi seeking its nod to raise Rs 1,000 crore through an initial public offering (IPO). The Kolkata-headquartered firm's IPO comprises fresh issue of equity shares aggregating up to Rs 600 crore and an Offer for Sale (OFS) of equity shares valued Rs 400 crore, according to the draft red herring prospectus (DRHP) filed on Monday. The OFS comprises stake sale by promoters P N S Business Private Ltd and Rasish Consultants Private Ltd. Besides, the company may raise up to Rs 120 crore in a Pre-IPO placement round. If such an initiative is completed, the fresh issue size will be reduced. Fusion CX proposes to utilize proceeds of the fresh issue to the tune of Rs 292 crore for payment of debt, Rs 75 crore towards investment in step-down subsidiaries - Omind Technologies Inc and Omind Technologies Private Limited - for upgrading IT tools. Additionally, funds will be used for pursuing inorganic growth

CIEL HR posts 35% profit growth, expands HR tech ahead of planned IPO

IPO-bound CIEL HR reports ₹14.67 crore net profit and ₹1,504.5 crore revenue in FY25, driven by tech-enabled HR solutions and two strategic acquisitions

CIEL HR posts 35% profit growth, expands HR tech ahead of planned IPO

IPO-bound CIEL HR reports ₹14.67 crore net profit and ₹1,504.5 crore revenue in FY25, driven by tech-enabled HR solutions and two strategic acquisitions

OYO restarts IPO talks, eyes Q4 listing at $6-7 billion valuation

Global travel tech platform OYO has started discussions with bankers for a fresh attempt at IPO, targeting a listing in the last quarter of the current financial year, sources said. Preliminary discussions with investment banks have indicated a potential valuation range of USD 6-7 billion for the public offering. The company started informal discussions last month and is now calling for pitches, according to a person familiar with the development. "The company is engaging with both Indian and international banking institutions with plans to potentially file theHP documents between Aug-Sept this year. It is yet to decide whether to file with FY25 financial results or wait till the Q1 FY26 financials are audited and ready for filing," sources told PTI. A crucial round of discussions with the company's board and with its key shareholder, SoftBank's representatives, is scheduled for June in London. "The Board and all shareholders, including SoftBank, are keen for the company to active

Prostarm Info Systems IPO opens today: GMP up 24%; should you subscribe?

Prostarm Info Systems were trading at ₹130, commanding a GMP of ₹24 or 23.8 per cent compared to the upper price band of ₹105, according to sources tracking unofficial markets

Groww parent Billionbrains files confidential IPO papers with Sebi

The IPO size is estimated at ₹8,000 crore and will include both primary and secondary shares

Groww parent Billionbrains files confidential IPO papers with Sebi

The IPO size is estimated at ₹8,000 crore and will include both primary and secondary shares

Borana Weaves IPO listing forecast: Here's what the latest GMP hints at

The grey market premium, analysts said, reflects the strong demand and positive sentiment surrounding the stock, further adding to the optimism ahead of its listing

Secondary market rally triggers IPO market revival hopes, say analysts

60+ IPOs worth ₹1.02 trn ready to harness steady market currents

Four main-board IPOs to hit D-Street next week to garner Rs 6,600 cr

The initial public offering (IPO) lane will be busy next week, with four main-line companies, including Leela Palaces Hotels & Resorts operator Schloss Bangalore Ltd and Aegis Vopak Terminals tapping the primary market to raise over Rs 6,600 crore collectively. Other public issues scheduled for the week are Prostar Info Systems and Scoda Tubes. Additionally, D-Street will witness the debut of two firms, including Borana Weaves and Belrise Industries, expected to list on May 28 and May 29, respectively. Overall, there has been a slowdown in new listings as only 12 firms came out with their IPOs in 2025 so far owing to volatility in the equity market due to a combination of global and domestic factors. This shift followed a remarkable 2024, in which 91 maiden public issues collectively raised Rs 1.6 lakh crore, driven by robust retail participation, a resilient economy, and booming private capital expenditure. Despite the slowdown, an impressive number of documents are getting filed

Colorbar Cosmetics plans IPO in early 2027 after doubling revenue this year

Brands catering to wealthier Indians have weathered a high cost-of-living-led slowdown in consumer spending, as the affluent continue to splurge on comforts and luxuries