Rating agency ICRA on Wednesday said that India's co-working segment may witness five maiden public issues in the next 12-18 months to raise more than Rs 7,000 crore. In a statement, ICRA said that India's flexible (flex)/co-working office space portfolio is expected to increase to around 125 million square feet by March 2027 (from around 80 million square feet as of December 2024) for the top six cities (Bengaluru, Chennai, Delhi-NCR, Hyderabad, Mumbai Metropolitan Region (MMR) and Pune). "This segment, which has seen one successful initial public offer (IPO) in 2024, is set to witness five major IPOs in the next 12-18 months, which are projected to raise over Rs 7,000 crore," it added. Co-working operator Awfis has already launched its IPO and is listed on the stock exchanges. Smartworks, WeWork India and IndiQube Spaces Ltd have already filed the preliminary documents with markets regulator SEBI to launch their IPOs. Anupama Reddy, Vice President and Co-Group Head, Corporate ...
Avanse Financial and Anthem Biosciences are among firms, including LG's India unit, set to delay IPO plans amid weak market sentiment, according to investment bankers
Analysts are viewing Ather Energy's share sale as a litmus test for India's IPO market, where momentum has slowed down amid a broader market decline
The company, which filed its draft papers with Sebi in December last year, obtained its observations letter on April 22, the update showed
During the period, a combined 62 IPOs listed on the National Stock Exchange (NSE) and BSE, raising $2.8 billion in proceeds
Sets price band of Rs 304-321 per share for IPO which opens on April 28
Ather Energy IPO is set to open for public subscription on April 28. Check price band, lot size, GMP, allotment date, listing date and more
Here are the complete details of the companies that will see the lock-in expiry of equity shares held by anchor investors, along with their estimated value and lock-in expiry dates
Mumbai-based More, known for its neighborhood supermarkets and fresh grocery offerings, operates one of the country's largest retail chains, with 775 stores as of its latest count
GIFT Nifty hinted at a gap-up start. As of 6:48 AM, GIFT Nifty futures were up 378 points at 22,642, compared to the previous Nifty futures close of 22,263.
As of 6:36 AM, GIFT Nifty futures were down 1,006 points, at 21,952, compared to the previous close of Nifty futures at 22,958.15, signaling a gap-down start for Indian markets
The last company to launch its initial public offering (IPO) in this segment was Quality Power Electrical Equipments, with shares listed on the domestic exchanges on February 24, 2025
In the previous session, Sensex gained 592.93 points (0.78 per cent) to close at 76,617.44, while Nifty50 rose 166.65 points (0.72 per cent) to settle at 23,332.35
The company seeks to raise up to ₹2,000 crore from the public issue, which comprises both a fresh issue as well as an offer for sale of equity shares
Sensex Today | Stock Market Highlights on Friday, March 28, 2025: The Nifty Midcap100 and Nifty Smallcap100 indices closed with losses of 0.32 per cent and 0.15 per cent, respectively
FY25 wrap: At 6:34 AM, GIFT Nifty Futures were down 28 points at 23,749, suggesting a negative start
In the previous session, the Sensex dropped 728.69 points (0.93 per cent) to close at 77,288.50, while the Nifty50 ended 181.8 points (0.77 per cent) lower at 23,486.85
Analysts attribute this success in the primary markets to the remarkable performance of secondary markets for most part of FY25
The positive sentiments were reflected in the grey markets too, where the unlisted shares of Shri Ahimsa Naturals were trading at a decent premium
In the previous session, Sensex ended at 78,017.19, up 32.81 points or 0.04 per cent. Nifty50 closed at 23,668.65, up 10.30 points or 0.04 per cent