Page 59 - Initial Public Offerings Ipos

Paytm in talks with sovereign wealth funds, BlackRock for IPO stakes

State-backed wealth investors Abu Dhabi Investment Authority and Singapore's GIC Pte are among those weighing bidding to participate in the IPO, sources said

Sebi proposes sweeping changes to HNI allotment process for IPOs

Also suggests changes to price discovery norms

TikTok rival loses steam: World's roughest IPO this year is Chinese firm

Investors who bought Kuaishou Technology after the TikTok rival went public in Hong Kong have notched the widest peak-to-trough slump among global initial public offerings this year

Busiest summer for Asia IPOs on record with $56 billion in deals

Busiest summer for Asia IPOs on record with $56 billion in deals

Top headlines: IPO filing hits century, Grasim gets Rs 8,334 cr tax demand

Millennials becoming largest consumer group for hotels, the hurdles in Adani's green dreams, and other top headlines of the day

Oyo files DRHP for $1.2 bn IPO; founder, key investors not diluting stake

In the DRHP, the firm says its app has been downloaded 100 million times and its major focus geographies are India, Malaysia, Indonesia and Europe

Oyo files to raise $1.1 bn in IPO after refashioning business model

The filing of the draft red herring prospectus of Oyo, which is officially known as Oravel Stays, marks a dramatic recovery after the pandemic buffeted the travel and hospitality industry

ECGC hopes process of IPO listing will be completed by FY 2023 last quarter

M Senthilnathan, the Chairman and Managing Director of ECGC on Thursday said that the corporation hopes that the listing process would be completed by the last quarter of the financial year 2023.

IPOs slow down globally in third quarter after frenetic 2021 start

IPOs in the third quarter raised a total of about $94.6 billion, down 26.3% from the second quarter

Softbank-backed Oyo in legal spat with rival Zostel ahead of $1.2-bn IPO

Zostel filed a petition in August with the Delhi High Court to stop Oyo from changing its shareholder structure, including through an IPO

LIC seeks to appoint CFO before its mega IPO planned in 2021/22

The move to hire a CFO follows a decision to re-designate LIC's top job to chief executive officer from chairman earlier this year.

DIPAM shortlists Cyril Amarchand Mangaldas as legal advisor for LIC IPO

The government aims to come out with the IPO and subsequent listing of Life Insurance Corporation on the bourses in the January-March quarter of 2022

Paras Defence IPO receives 304 times subscription so far on closing day

Mirroring massive investor interest, the initial public offer of Paras Defence and Space Technologies received a whopping 304.05 times subscription so far on the closing day on Thursday.

Electronics Mart files paperwork for Rs 500 crore initial public offering

Consumer durables retail chain Electronics Mart India Ltd has filed preliminary papers with Sebi to raise Rs 500 crore through an initial share-sale.

Freshworks valued at $10.13 bn after raising $1.03 bn in US IPO: Report

Freshworks priced 28.5 million shares at $36 per share, the source said, requesting anonymity as the talks are confidential

Chemspec Chemicals, Northern Arc Capital get Sebi's nod to float IPO

Chemspec Chemicals and Northern Arc Capital have received capital markets regulator Sebi's approval to raise funds through initial share sales. The two companies had filed their preliminary IPO papers with the Securities and Exchange Board of India (Sebi) in July. Chemspec Chemicals and Northern Arc Capital obtained the regulator's observations on August 30 and September 3, respectively, an update with Sebi showed on Monday. In Sebi parlance, the issuance of observations implies its go-ahead for the initial public offering (IPO). The Rs 700-crore IPO of Chemspec Chemicals is entirely an offer for sale by promoters, according to the draft red herring prospectus (DRHP). BACS LLP will offer shares worth Rs 233.40 crore in the offer for sale, while Mitul Vora and Rushabh Vora will each offer shares to the tune of Rs 233.30 crore Chemspec Chemicals is one of the leading manufacturers of critical additives for FMCG ingredients used in skin and hair care products and intermediates for .

Top headlines: Maruti to recall 180k vehicles; Snapdeal weighs $400-mn IPO

Business Standard brings you the top stories this evening

Snapdeal weighs $400 mn IPO, joining other Indian startups in listing spree

The company, which counts SoftBank Group Corp. among its investors, is speaking with advisers about a potential listing in Mumbai that could value it at as much as $2.5 billion

Govt invites bids for second time from law firms for LIC IPO

On July 15, the government had floated request for proposal inviting bids from reputed legal advisors and the last date for bidding was August 6. However, the RFP did not receive sufficient response.

In no hurry to launch IPO, will go public when it makes sense: PhonePe CEO

PhonePe is in no hurry to launch its IPO and will go public "when it makes sense" for the company, even as a number of Indian internet companies line up to mark their debut on Dalal Street