Unlisted shares of Swiggy traded at a premium in the grey market ahead of its IPO launch today. Should you subscribe? Here's what brokerages recommend
The public offering comprises a fresh issue of 108,108,108 shares and an offer for sale, with the promoters Bupa Singapore Holdings and Fettle Tone offloading 189,189,189 shares
The company's initial public offering (IPO) comprises a fresh issue of equity shares with a face value of Rs 10 each, aggregating up to Rs 900 crore
Sagility India Ltd, a technology-enabled services provider in the healthcare space, on Wednesday said it has fixed a price band of Rs 28-30 per share for its Rs 2,107 crore initial public offering (IPO). The initial share-sale will open for public subscription on November 5 and conclude on November 7, the company announced. The Bengaluru-based company's proposed IPO is entirely an offer for sale (OFS) of 70.22 crore shares, by promoter Sagility B V, worth Rs 2,106.60 crore at the upper end of the price band. The offer includes a reservation for subscription by eligible employees. Since it is an OFS, the company will not receive any proceeds from the public issue, and the entire fund will go to the selling shareholders. The objective of the initial share-sale is to gain the advantages of listing the equity shares on stock exchanges, the company stated. Additionally, the company anticipates that listing the equity shares will boost its visibility and brand image, provide liquidity
Swiggy adjusts valuation, targets Rs 11,300 cr IPO with Nov launch, amid market volatility
Shares of Deepak Builders & Engineers made a subdued debut on bourses on Monday. On the BSE, Deepak Builders shares listed at Rs 198.50
As investors await further details from ACME Solar Holdings, here are the key takeaways from the Draft Red Herring Prospectus (DRHP) that the company submitted to the market regulator
The unlisted shares of Waaree Energies continue to command a solid premium in the grey market, reflecting favourable market sentiments for the public issue
Market analysts remain optimistic about the outlook for the Indian markets in Samvat 2081. In this backdrop, they expect more companies to test the markets in search for funds via the IPO route
Hyundai Motor India IPO which opened for public subscription on Tuesday, October 15, and comes to closing hours today
Waaree Energies IPO will open for public subscription on Monday, October 21, 2024, and conclude on October 23, 2024
Share of fundraising via fresh issuances so far is highest in 12 years
Having secured 'in-principle' approvals from the BSE, and National Stock Exchange (NSE) for the listing of its equity shares, Waaree Energies is all set for its market debut
Hyundai Motor India IPO review: Valuation, GMP, brokerages views - Here's all you need to know before investing in the mega offering
The main attraction of pre-IPO investing usually remains that it gives a chance to buy shares at a lower price compared to the price offered during the IPO
Ahead of the opening of the much-awaited Hyundai Motor India IPO, Samir Arora of Helios Capital has shared his outlook on the auto industry. Here's what the market expert thinks
Despite contributing only 6.5 per cent of global revenues and 8 per cent of profitability, Hyundai's India unit will be valued at 42 per cent of the parent company's market capitalisation upon listing
The Sebi nod for the NSDL IPO came more than a year after the company submitted its DRHP to Sebi on July 7, 2023
Through the IPO, Zinka Logistics is offering a fresh issue of shares of up to Rs 550 crore and an offer for sale of up to 21.61 million equity shares, with a face value of Re 1 apiece
The final IPO price for the subway operator, which is owned by the Tokyo and national governments, will be decided on Oct