Page 10 - Ipo

Waaree Energies IPO subscribed 3.3x on day 1; Groww FY24 topline doubles

The Rs 5,430-crore IPO of Afcons Infrastructure, a Shapoorji Pallonji group firm, will open for subscription on Friday

Striking gold: I-bankers earn record Rs 493 cr from Hyundai Motor India IPO

Fees from handling equity share sales hit Rs 3K cr in 2024

Early-stage VC firm 8i Ventures scores 12X return on M2P Fintech exit

The fintech startup's evolution from a card-issuing platform to a broader banking-as-a-service (BaaS) provider helped drive the returns

Hyundai Motor India IPO allotment: Check status; GMP shows weak listing

Hyundai Motor IPO Allotment: Hyundai India's shares in the grey market are now trading at a discount of around Rs 30 against the upper end of the IPO price of Rs 1,960

Share Market Today: Bajaj Auto Q2 nos, Oil falls, Hyundai Motor IPO Day 2

At 6:30 AM, GIFT Nifty Futures were trading about 49 points lower at 25,069, suggesting a negative start for Indian markets.

Hyundai IPO subscribed 18% on Day 1; LIC MF reduces minimum SIP limits

Shares of Garuda Construction and Engineering ended with a 12.5 per cent gain on Tuesday

IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors

42.4 mn shares allotted to 225 funds at Rs 1,960 apiece

IPO-bound OYO rejigs top leadership; COO shifted to advisory role

IPO-bound OYO on Friday announced five additions to its leadership team, with Sonal Sinha being appointed as Chief Operating Officer (COO)? International and Rachit Srivastava as the COO of OYO Vacation Homes in Europe. Besides, Shashank Jain will take over as Head of Technology & Online Revenue; Pankhuri Sakhuja will lead German home listings business Traum & flex-space business Innov8 and Ashish Bajpai has been promoted to Head of Revenue & Global OTA (online travel agency). OYO Founder & Group CEO Ritesh Agarwal said, "As we pursue our growth objectives, agility and decisive action remain at the core of our strategy. "Our leaders are continuously adapting and expanding their roles to stay ahead of evolving market dynamics and drive our business forward. I congratulate Sonal, Rachit, Shashank, Pankhuri and Ashish on their new roles. Having been with OYO for a significant period, they understand OYO and its values and have been critical to our success." OYO's Global ..

Bank stocks climb 1% making it best performing sector; Hyundai IPO in focus

The excitement around India's largest IPO is being dampened by evident weakness in demand for cars in India as well globally

Swiggy's $271 mn Esop plan benefits top brass before $1.25 bn IPO launch

The Esop grants have a vesting period ranging from one to eight years, meaning that the actual value of the stock awards will depend on Swiggy's performance post-IPO

Partners Group-backed KinderCare prices US IPO in range to raise $576 mn

Oregon-based KinderCare, one of the largest providers of early childhood education centers in the US, operates more than 1,500 centers with a capacity of more than 200,000 children

NSDL gets Sebi nod for IPO over a year after filing offer document

At present, NSE holds a 24 per cent share in NSDL, while IDBI is the largest shareholder with a 26 per cent stake

Suraksha Diagnostic gets Sebi's go ahead to raise funds through IPO

Integrated diagnostic chain Suraksha Diagnostic Ltd has received Sebi's go ahead to raise funds through an initial public offering (IPO), an update with the markets regulator showed on Monday. The Kolkata-headquartered company's proposed IPO consists of an Offer-for-Sale (OFS) of up to 1.92 crore equity shares by promoters and investor shareholders, with no fresh issue component, according to the Draft Red Herring Prospectus (DRHP). Under the OFS, promoters -- Somnath Chatterjee, Ritu Mittal, Satish Kumar Verma and investors -- OrbiMed Asia II Mauritius Ltd, Munna Lal Kejriwal and Santosh Kumar Kejriwal will offload shares. The company, which had filed preliminary IPO papers in July, obtained the regulator's observation on September 30, the update showed. In Sebi's parlance, obtaining its observations means the regulator's go ahead to float the public issue. As per the draft papers, the company will not receive any proceeds and all the funds will go to the selling shareholders as

IPO-bound food delivery app Swiggy launches XL EV fleet for bulk orders

Swiggy's new XL fleet includes 20 specially designed electric vehicles that cater to large orders

Afcons Infrastructure likely to opt for Rs 4,000 cr pre-IPO placement

Pre-IPO placements occur after filing the offer document. The amount raised through this route results in a reduction of the IPO size to that extent

Vishal Mega Mart, ACME Solar Holdings get Sebi's go ahead to float IPOs

Three companies -- supermart major Vishal Mega Mart, renewable energy firm ACME Solar Holdings and packaging equipment manufacturer Mamata Machinery -- have received Sebi's clearance to raise funds through initial public offerings (IPOs), an update with the regulator showed on Monday. On the other hand, the regulator has returned the draft offer document of manpower services company Innovision, whose proposed IPO was a mix of fresh issuance of shares worth Rs 315 crore and an Offer For Sale (OFS) of up to 11.81 lakh shares. Before that, Hyundai MotorIndia Ltd, the Indian arm of South Korean automaker Hyundai, and food and grocery delivery major Swiggy received Sebi's nod on September 24 to float IPOs. Sources had previously stated that the South Korean automaker is looking to raise at least USD 3 billion (about Rs 25,000 crore) through an initial share sale, while the IPO of Swiggy has been pegged at over Rs 10,000 crore. Going by Sebi's update on Monday, Mega Mart took the ...

822 IPOs globally aimed to raise $65bn till August; India tops APAC tally

Investors, the report suggests, are shifting towards larger, more valuable IPOs at the global level despite the reduced number of listings thus far in 2024

SME IPO bet, aerial arts: Top personal finance stories of the week

What risks investors face when they back small and medium enterprises and how aerial art is becoming a popular fitness culture

Swiggy files for IPO, aims to raise Rs 3,750 crore through fresh issue

Sources, however, added that the company may decide to upsize the fresh issue component by another Rs 5,000 crore, taking the total fresh issue component up to Rs 11,600 crore

Softbank-backed Swiggy files for IPO; aims to raise about Rs 3,750 crore

Swiggy's long-awaited public listing comes amid a booming IPO market, with 198 companies having raised $7.1 billion in the year to Sept.4, more than double the amount for the same period last year