Page 49 - Initial Public Offerings Ipos

Changing gears: India's growing love for SUVs key to Hyundai's success

The SUV segment in India is expected to grow at a CAGR of 7% to 9% from FY24 to FY29

IPO-bound Hyundai India and its rivals in world's third-biggest car market

Hyundai Motor India sought regulatory approval on Saturday to list on the Mumbai stock market in what could be the biggest IPO in the South Asian nation

Hyundai Motor India files draft papers to raise around $3 bn through IPO

If the listing proceeds as planned, this transaction would become the largest IPO in India's corporate history, surpassing the previous record set by the state-owned LIC's $2.7 billion listing in 2022

Hyundai India set to offload 17.5% stake. To raise up to $3 billion in IPO

Hyundai India IPO: The development is a significant moment for the industry in India, as an automaker IPO comes over two decades after Japanese automaker Maruti Suzuki's listing in 2003

Hyundai Motor India prepares for IPO filing, potential to raise $2.5 bn

Hyundai Motor India IPO: Indian unit of the Korean automaker is expected to file a DRHP with Sebi within the next two weeks

IPOs of Flipkart, PhonePe could take couple of years, says Walmart exec

Walmart may put an initial public offering of PhonePe ahead of Flipkart, even though Flipkart is a more mature business

IPO-bound firms seek advice amid market fluctuation after Lok Sabha results

Lok Sabha elections 2024 results: IPO-bound companies are consulting experts for guidance amid the fluctuations in the stock market

Travel portal ixigo's parent looking to raise up to Rs 740 cr via IPO

Le Travenues Technology Ltd, which operates travel booking platform ixigo, is looking to raise up to Rs 740 crore through its initial share-sale opening for public subscription on June 10. The issue, with a price band of Rs 88 to Rs 93 per share, will conclude on June 12 and bids for anchor investors will open for a day on June 7, the company announced. The Gurugram-based company's Initial Public Offering (IPO) is a combination of fresh issue of equity shares worth Rs 120 crore and an Offer For Sale (OFS) of 6.66 crore equity shares to the tune of Rs 620 crore, at the upper end of the price band, by existing shareholders. This translates into public issue size of Rs 740 crore. Under the OFS, SAIF Partners India IV Ltd, Peak XV Partners Investments V (formerly known as SCI Investments V), Micromax Informatics Ltd, Placid Holdings, Catalyst Trusteeship Ltd, Madison India Capital HC, Aloke Bajpai and Rajnish Kumar will be selling shares. Proceeds worth Rs 45 crore from the fresh issue

OYO withdraws DRHP, to refile its much-awaited IPO post refinancing

Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via sale of dollar bonds, sources said. JP Morgan is the likely lead banker for the refinancing through the sale of dollar bonds at an estimated interest rate of 9 to 10 per cent per annum, a source said. In preparation for the refinancing, OYO has already moved its application with markets regulator SEBI to withdraw its current draft red herring prospectus (DRHP). The company intends to refile an updated version of the DRHP, after the bond issuance. Oravel Stays Ltd, OYO's parent company, had in November prepaid a significant chunk of its debt amounting to Rs 1,620 crore through a buyback process. The buyback involved repurchasing 30 per cent of its outstanding Term Loan B of USD 660 million. The move brought down its outstanding loan amount to around USD 450 million. A source closely involved in the company's IPO .

Go Digit Subscription Status, Day 3:IPO subscribed 9.5x so far on final day

Go Digit IPO Subscription Status, May 17: Retail investors' portion was booked (4x), NII portion (7.1x), and QIB portion (12.56x)

HOAC Foods IPO Day 1: Check subscription status, GMP, financials & more

The IPO, which opened on Thursday, May 16, has been oversubscribed 13.57 times, indicating robust demand from investors

TBO Tek makes strong market debut; lists at 50% premium over issue price

On the NSE, TBO Tek made debut at Rs 1,426 per share, a 55 per cent premium to its issue price of Rs 920

Go Digit: GMP of Virat, Anushka-backed IPO dips slightly; should you apply?

Go Digit IPO: God Digit issue was subscribed 24 per cent till 2 PM on day 1 of the offer, led by retail investors

Virushka-backed Go Digit IPO to open today: Here's all you need to know

Go Digit Insurance IPO: The IPO of the Bengaluru-based insurance startup is a book-built issue of Rs 2,614.65 crore

Indegene IPO allotment to be out today: Here's how to check status online

Indegene IPO allotment: The public subscription for the Indegene IPO commenced on May 6 and concluded on May 8

TBO Tek IPO opens today: Check price band, GMP, analysis, financials

Set up in 2006, TBO Tek Limited, formerly known as Tek Travels Private Limited, operates as a travel distribution platform

FirstCry's parent company Brainbees Solutions re-files documents for IPO

The Securities and Exchange Board of India (Sebi) had asked the company to re-file the draft documents due to inadequate disclosure of key performance indicators (KPIs)

Winsol Engineers IPO opens on May 6: Check subscription, GMP, price band

The company plans to utilise the net proceeds for working capital requirements and general corporate purposes

Indegene IPO to open on May 6; check price band, GMP, other details here

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

Swiggy gets shareholder approval for potential $1.2 billion IPO this year

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)