Brigade Hotel Ventures Ltd has raised Rs 126 crore by selling equity shares to 360 ONE Alternates Asset Management, ahead of its maiden public issue. Brigade Hotel Ventures is a subsidiary of Bengaluru-based real estate company Brigade Enterprises Ltd. In a statement on Friday, Brigade Hotel Ventures said it has "raised Rs 126 crore in a pre-IPO placement round." The company issued 1.4 crore equity shares to 360 ONE Alternates Asset Management Ltd (360 ONE) at Rs 90 per share. This transaction represents 4.74 per cent of the company's pre-offer share capital. According to the DRHP, the company's initial public offering (IPO) consisted of a fresh issue of shares aggregating up to Rs 900 crore. The company will use around Rs 480 crore to cut debt and Rs 107 crore to purchase land. The remaining proceeds will be to pursue inorganic growth. Brigade Hotel Ventures Ltd is one of the leading hospitality firms in South India. It entered into the hospitality business in 2004. The compan
New Sundaram scheme to follow rule-based multi-factor strategy; Crizac IPO opens Wednesday after anchor allotment
So far this year, India continues to the world's No. 2 IPO market with $5.86 billion raised, accounting for the 12 per cent of total proceeds globally, LSEG data shows
In its most recent funding round in February 2025, Shadowfax raised both primary and secondary capital at an approximate valuation of ₹6,000 crore.
Wakefit plans to raise Rs 468.2 crore via IPO, with a fresh issue and partial exit by promoters and investors as it expands store network and marketing efforts
Education loan provider Credila Financial Services has filed its updated draft papers with capital markets regulator Sebi to raise Rs 5,000 crore through the initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,000 crore and an offer for sale (OFS) of shares for Rs 2,000 crore by promoter entity and an investor, aggregating the total size of the public issue to Rs 5,000 crore, according to the updated draft red herring prospectus (UDRHP) filed on Thursday. As part of the OFS route, promoter entity Kopvoorn BV (an affiliate of EQT Private Capital Asia) will sell shares worth Rs 950 crore and HDFC Bank Ltd will be offloading its stake in the company for Rs 1,050 crore. Also, the Mumbai-based Credila Financial Services is looking to raise about Rs 600 crore in a pre-IPO round. If the pre-IPO round takes place, the size of the fresh issue will reduce accordingly. The updated draft filing comes after Credila's confidential offer documents w
Education loan provider Credila Financial Services has filed its updated draft papers with capital markets regulator Sebi to raise Rs 5,000 crore through the initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares worth Rs 3,000 crore and an offer for sale (OFS) of shares for Rs 2,000 crore by promoter entity and an investor, aggregating the total size of the public issue to Rs 5,000 crore, according to the updated draft red herring prospectus (UDRHP) filed on Thursday. As part of the OFS route, promoter entity Kopvoorn BV (an affiliate of EQT Private Capital Asia) will sell shares worth Rs 950 crore and HDFC Bank Ltd will be offloading its stake in the company for Rs 1,050 crore. Also, the Mumbai-based Credila Financial Services is looking to raise about Rs 600 crore in a pre-IPO round. If the pre-IPO round takes place, the size of the fresh issue will reduce accordingly. The updated draft filing comes after Credila's confidential offer documents w
The shares are being marketed from Wednesday at ₹700 to ₹740 each, valuing the company at as much as $7 billion
The approval clears the way for the company to incorporate feedback from the regulator into its prospectus, before it starts marketing the deal
The IPO, which opens on June 25 and closes on June 27, has kept a price band of ₹700-740 per share
India's post-pandemic healthcare IPO landscape is evolving fast, with health-tech firms leading the charge as AI, digitisation and policy reforms attract fresh investor interest
Qualified investors subscribe 27 per cent, wealthy investors 4.5 times, and retail investors 1.1 times as Oswal Pumps IPO nears close with ₹416 crore anchor backing
Delhi HC dismisses tech firm's plea claiming injunction, that restrained it from using the trademark "Newgen", hampers operations and IPO plans
ArisInfra Solutions Ltd on Friday fixed a price band of Rs 210 to Rs 222 per share for its nearly Rs 500-crore Initial Public Offering (IPO). The initial share sale will open for a public subscription on June 18 and conclude on June 20, the company announced. The IPO is a completely fresh issue of equity shares worth Rs 499.6 crore with no Offer For Sale (OFS) component. At the upper end of the price band, the company is valued at nearly Rs 1,800 crore. Proceeds of the issue will be used for funding the working capital requirements of the company, investment in subsidiary, Buildmex-Infra, for funding its working capital, purchase of partial shareholding from existing shareholders of its subsidiary, ArisUnitern Re Solutions Pvt Ltd, repayment of loan and for general corporate purposes. Arisinfra Solutions is a B2B technology-enabled company, focusing on simplifying and digitising the procurement process for construction materials. Between April 1, 2021 and March 31, 2024, the comp
Solar panel manufacturer Rayzon Solar Ltd is planning to file its draft papers with markets regulator Sebi by the end of the month, as it prepares for about Rs 1,500-crore initial public offering (IPO), people familiar with the plan said on Friday. The Surat-based company has already roped in top investment banks to manage the public offering. According to the people familiar with the plan, the company is looking to raise funds through fresh issuance of equity shares and proceeds are expected to be used for for its expansion plans. An email to Rayzon Solar seeking confirmation of the draft papers filing and IPO details did not elicit a response. The company is considering to enter the public market at a time when the domestic solar manufacturing industry is gaining traction, driven by import curbs, and rising global interest in non-China supply chains. Founded in 2017, Rayzon Solar has emerged as one of the fastest-growing solar PV module manufacturers in the country. As per its .
JSW Cement could be joining a swelling pipeline of summer listings in India, where the central bank cut rates by a bigger-than-expected 50 basis points last week
The South Asian nation saw $6.4 billion raised through share sales in May, the highest monthly total since December 2024, according to data compiled by Bloomberg
The listing of NSDL, the country's largest depositary in terms of assets under custody, is being managed by ICICI Securities Ltd., Axis Capital Ltd., HSBC Holdings Plc and IDBI Capital
Orkla India, formerly MTR Foods, files DRHP with SEBI for IPO comprising 2.2 crore shares in a full OFS; company will not receive any proceeds from the sale
Orkla India, formerly MTR Foods, files DRHP with SEBI for IPO comprising 2.2 crore shares in a full OFS; company will not receive any proceeds from the sale