Page 48 - Initial Public Offering (ipo)

Didi Global denies media report it plans to go private after $4.4 bn IPO

Shares in Didi, which jumped as much as 40% to $12.42 in premarket trading after the report, pared gains after trading opened on Wall Street.

Windlas Biotech IPO to open on Aug 4; price band set at Rs 448-460/share

Windlas Biotech, manufacturer of pharmaceutical formulations, on Thursday said it has fixed a price band of Rs 448-460 a share for its initial share-sale. The three-day initial public offer (IPO) will open on August 4 and conclude on August 6, the company announced in a virtual press conference. The IPO comprises fresh issuance of equity shares worth Rs 165 crore and and an offer for sale of up to 5,142,067 equity shares. As a part of the OFS, Vimla Windlass will offload 11.36 lakh equity shares, and investor Tano India Private Equity Fund II will sell 40,06,067 equity shares. At the upper end of the price band, the initial share-sale will fetch Rs 401.53 crore. The proceeds from the IPO will be utilised for purchasing of equipment required for capacity expansion of the facility at Dehradun Plant -IV and addition of injectables dosage capability at the facility at Dehradun Plant-II. It will also be used for funding incremental working capital requirements, repayment/ prepayment o

Sebi mulls IPO reforms on book building, price band aspects

The Sebi chief said the regulator is examining the minimum shareholding and public float at a concept level.

Top headlines: L&T Q1 net profit soars; Tata Motors Q1 net loss narrows

Business Standard brings you the top stories of this evening

Glenmark Life Sciences to invest Rs 600 cr to double capacity in four years

Glenmark Life Sciences is the arm of drug major Glenmark Pharmaceuticals.

Robinhood seeks $35-billion valuation in mega initial public offering

Robinhood aims to raise more than $2 billion in its public debut, planned for later this summer

Tatva Chintan IPO subscribed 15 times on second day of subscription

The price range for the offer has been fixed at Rs 1,073-1,083 per share.

Coming soon: LIC kicks off work on IPO allotment to policyholders

The government is moving fast with the IPO, which is said to be India's largest.

ByteDance shelves IPO after regulators warn about data security: Report

The Chinese tech giant, whose apps also include TikTok's Chinese twin Douyin and the news aggregator Toutiao, had kicked off initial preparations for an IPO of its domestic assets

LinkDoc becomes first Chinese firm to shelve US IPO after China crackdown

Beijing also said on Tuesday it would strengthen supervision of all Chinese firms listed offshore, a sweeping regulatory shift that triggered a sell-off in U.S.-listed Chinese stocks.

Two IPOs to hit market next week; to raise over Rs 2,500 cr cumulatively

Two companies Clean Science and Technology and GR Infraprojects are headed to the market with their initial share-sale offers next week to raise a little over Rs 2,500 crore cumulatively.

Didi shares dive as China unveils new cyber probe after mega IPO

Didi lost as much as 11% of its market value at one point on Friday

China's Didi raises $4.4 billion in upsized US initial public offering

Didi sold 316.8 million American Depository Shares (ADS), versus the planned 288 million, at $14 apiece.

India Pesticides initial public offering subscribed 29 times on last day

The initial public offer of India Pesticides Limited was subscribed 29 times on the closing day of the subscription on Friday. The Rs 800-crore IPO received bids for 56,07,11,650 shares against 1,93,10,345 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) category was subscribed 42.95 times, non-institutional investors 51.88 times, and those for Retail Individual Investors(RIIs) 11.30 times. The initial public offer (IPO) comprised a fresh issue of Rs 100 crore and an offer for sale of Rs 700 crore. The offer was in a price range of Rs 290-296 per share. On Tuesday, India Pesticides raised Rs 240 crore from anchor investors. Proceeds from the fresh issue would be used towards funding the working capital requirements and general corporate purposes. India Pesticides is an R&D-focused agrochemical technical company, which has growing formulations business in herbicides, insecticides, and fungicide segments. It also manufactures active pharmaceutical ...

Toyota-backed self-driving startup Pony.ai considers going public

The startup, active in the United States and China, plans to install its technology in hundreds of vehicles next year, rising to tens of thousands in 2024-2025

Markets regulator Sebi plans to come out with framework for SPACs

The regulator is expected to put in place guidelines in this regard next week

IPO-bound Veeda Clinical Research raises $16 mln in round led by Sabre PE

The round also saw participation from high net individuals like Pranab Mody of JB Chemicals, Havells India family office, Nikhil Vora of Sixth Sense Ventures, and Arjun Bhartia of Jubilant

India Pesticides' Rs 800-cr initial public offering to open on Jun 23

Agrochemical company India Pesticides on Friday said it has fixed a price band of Rs 290-296 a share for its Rs 800-crore initial share sale. The three-day initial public offer (IPO) will open on June 23 and conclude on June 25. The bidding for anchor investors will open on June 22, according to the company. The Rs 800-crore IPO comprises fresh issuance of equity shares amounting to Rs 100 crore and an offer of sale for equity shares aggregating up to Rs 281.4 crore by promoter Anand Swarup Agarwal and up to Rs 418.6 crore by other selling shareholders. The Uttar Pradesh-based company may decide to undertake a pre-IPO placement of Rs 75 crore subject to consultation of the merchant bankers. Proceeds of the fresh issue would be used towards funding the working capital requirements and general corporate purposes. India Pesticides is an R&D focused agrochemical technical company, which has growing formulations business in herbicides, insecticides and fungicide segments. It also ...

Dodla Dairy IPO subscribed 1.40 times on first day of subscription

Dodla Dairy, a leading dairy company in southern India, on Tuesday said it has raised a little over Rs 156 crore from anchor investors.

Navoday Enterprises' initial public offering to open on 14 June

The company will make a fresh issue of equity shares.