It is important to note that investing in an IPO requires careful consideration, as it's not a ticket for great return.
The company plans to utilise the net proceeds for working capital requirements and general corporate purposes
Founder and CEO of FirstCry Supam Maheshwari's overall earnings amounted to Rs 77.5 crore during the first three quarters of FY24, in comparison to Rs 200.7 crore for the entirety of FY23
Founder and CEO of FirstCry Supam Maheshwari's overall earnings amounted to Rs 77.5 crore during the first three quarters of FY24, in comparison to Rs 200.7 crore for the entirety of FY23
The IPO comprises a fresh issue of 16.8 million shares, valued at Rs 760 crore, alongside an offer for sale (OFS) of 23.9 million shares, worth Rs 1,081.76 crore
With this, Paras Health is aiming to operate upwards of 2,300 beds in North India by the end of FY 2025
Bengaluru-based Swiggy intends to raise up to Rs 3,750 crore ($450 million) in fresh capital alongside an offer-for-sale (OFS) segment of up to Rs 6,664 crore ($800 million)
JNK India IPO: The grey market premium (GMP) for JNK India is Rs 15 as of April 23, 2024. At the higher end of the price band, it is a premium of 3.6 per cent.
Priced at Rs 10-11 a share, offer opens on Thursday
Bharti Hexacom, a subsidiary of Bharti Airtel, provides fixed-line telephone and broadband services primarily in two circles-Rajasthan and North East
Bharti Hexacon's IPO is the country's largest since Mankind Pharma Ltd. raised Rs 4,330 crore a year ago
By streamlining costs and maximising efficiency, the company aims to enhance its financial performance while expanding its market presence
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
The company has recently secured a Rs 200 crore credit line from JP Morgan to fuel its expansion plans
Reddit and its eclectic bazaar of online communities is ready to plumb high-stakes territory the stock market. The company said on Wednesday that it had priced its IPO at USD 34 a share. Shares will begin trading today on the New York Stock Exchange under the ticker symbol RDDT in a market debut likely to spur a flurry of commentary on Reddit's own platform, as well as competing social media outlets. The IPO will test the quirky company's ability to overcome a nearly 20-year history coloured by uninterrupted losses, management turmoil and occasional user backlashes to build a sustainable business. The interest surrounding Reddit stems largely from a large audience that religiously visits the service to discuss a potpourri of subjects that range from silly memes to existential worries, as well as get recommendations from like-minded people. About 76 million users checked into one of Reddit's roughly 100,000 communities in December, according to the regulatory disclosures required .
Flags governance concerns; Order special audit
The revised IPO draft, filed by Oyo in April 2023, was 40-60 per cent smaller than the original proposal
Company connects travel agencies and suppliers like hotels, airlines in more than 100 countries
At the upper band, the valuation of Hyundai India would be around Rs 23.3 trillion, more than Mahindra & Mahindra and Bajaj Auto
Rashi Peripherals, an information and communications technology products distributor, on Friday said it has fixed a price band of Rs 295-311 apiece for its Rs 600 crore-Initial Public Offering (IPO). The issue will be open for public subscription from February 7 to February 9 and the bidding for anchor investors will open for a day on February 6, the company said in a statement. The IPO is completely a fresh issue of equity shares to the tune of Rs 600 crore with no offer-for-sale component. Of the IPO proceeds, funds worth Rs 326 crore will be utilised for payment of debt and Rs 220 crore for funding working capital requirements and general corporate purposes. Investors can bid for a minimum of 48 equity shares and in multiples of 48 equity shares thereafter. Mumbai-based Rashi Peripherals Ltd caters to brands like ASUS Global Pte. Ltd, Dell International Services India, HP India Sales and Lenovo India. The company aims to expand its geographic presence in non-metro cities, whic