Page 24 - Ipo

Street Signs: Nifty racing past resistance, BSE's high-wire act, more

Shares of BSE have surged more than 20 per cent in less than two weeks, defying concerns surrounding the Securities and Exchange Board of India's (Sebi's) new futures and options

FPI Leviathan Rises: Primary markets unleash kraken of investment in 2024

Unshackling animal spirits: A record Rs 1.1 trillion in foreign flows via IPOs, QIPs, and rights issues

IPO frenzy: 5 main-board, 6 SMEs to hit market to raise Rs 18,500 cr

The IPO market is set to be bustling next week, with 11 companies like Vishal Mega Mart, TPG Capital-backed Sai Life Sciences and fintech firm One Mobikwik Systems gearing up to launch their initial share sales, collectively aiming to raise nearly Rs 18,500 crore. Other mainboard IPOs to be launched during this period are Inventurus Knowledge Solutions Ltd and Blackstone-owned diamond grading firm International Gemmological Institute (India) Ltd. Alongside the five main-board IPOs, six SMEs are preparing to float their maiden public issues next week to garner over Rs 150 crore collectively. Together, these 11 companies aim to raise approximately Rs 18,500 crore through public offerings. These IPOs will span various sectors and deal sizes and include fresh issues and offers for sale. The companies are tapping the primary market to provide an exit route to the existing shareholders, raise funds for expansion plans, retire debt and support working capital requirements. Trivesh D, CO

LG India files DRHP with Sebi to raise Rs 15,000 crore through IPO

South Korean parent to sell 15% stake

LG Electronics India files for IPO; South Korean parent to sell 15% stake

Its South Korean parent company LG Electronics Inc will sell 10,18,15,859 equity shares of face value of Rs 10 each, according to DHRP

RBI approves Canara Bank's stake sale in MF, insurance subsidiaries via IPO

Canara Robeco AMC was established in 1993 and was initially known as Canbank Mutual Fund

Star Agriwarehousing files IPO papers with Sebi, aims to raise Rs 450 cr

Star Agriwarehousing and Collateral Management Ltd, a tech-driven agricultural services firm, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 450 crore and an Offer-For-Sale (OFS) component of 2.69 crore equity shares by promoters and an investor, according to the draft red herring prospectus (DRHP) filed on Wednesday. As part of the OFS, Claymore Investments (Mauritius) Pte, an indirect subsidiary of Temasek Holdings, is offering 1.19 crore equity shares through the OFS and the remaining 1.5 crore shares will be offloaded by promoters. At present, Claymore holds 11.83 per cent stake in Star Agriwarehousing and Collateral Management and promoters own 88.17 per cent stake in the company. The company may consider raising Rs 90 crore through a pre-IPO placement. If this placement happens, the fresh issue size will be reduced. The ...

Co-working space provider Urban Vault plans IPO in the next 3 years

The company expects to reach the Rs 150-crore revenue mark by FY25, growing at 80-85 per cent year-on-year

Global investment group Prosus eyes five India listings in 12-18 months

While Prosus said that the exact timeline for the IPO announcements will come from the firms themselves, it also identified another five investee companies on its "future potential" IPO list

Lock-up on nearly Rs 1.2 trillion pre-IPO shares to lift in two months

The expiry of the lock-in period could have implications for these companies, as some investors might look to sell their holdings

C2C Advanced Systems IPO sees 80% of individual investors withdraw bids

The SME IPO had received a good response, seeing 100 times more demand than shares on offer

BlackRock agrees to buy private credit group HPS Investment Partners

BlackRock, the world's largest asset manager overseeing more than $10 trillion, is seeking to capitalize on a boom in investor demand for alternative assets, ranging from private equity to infra

Property Share files offer document for Rs 353 crore IPO of its SM Reit

Property Share Investment Trust (PSIT) is India's first registered small and medium real estate investment trust (SM Reit)

Zepto raises $350 million at flat $5 billion valuation ahead of IPO

Indian HNIs, family offices, and leading financial institutions took part in latest funding round

​Should you dump Adani Green stock for NTPC Green IPO? What analysts say

Vneet Jaain, former chief executive officer at Adani Green Energy along with Adanis, prosecutors said, raised over $3 billion in loans and bonds by hiding their corruption from lenders and investors

SME players voice concerns on tighter fund raising norms, compliance cost

Sebi has proposed an overhaul of the SME IPO rules to curb instances of fund diversion and malpractices

NTPC Green allots shares worth Rs 3,960 crore to anchor investors

Anchor allotment is made to marquee investors a day before the IPO to instil confidence and provide cues to other investors

NTPC Green Energy IPO opens today: How to trade NTPC, other power stocks

NTPC Green Energy IPO: Trading strategies for NTPC, Power Grid and other listed power stocks on the BSE, NSE.

Zinka Logistics Solutions IPO subscribed 1.86 times on third day of issue

The IPO comprises a fresh issue of equity shares worth up to Rs 550 crore and an offer for sale of 2,06,85,800 equity shares, aggregating up to Rs 564.72 crore

India's startup ecosystem sees rebound, late-stage deals take lead

Investors attribute the revival to the country's strong public markets, which are boosting confidence in initial public offering (IPO)-bound startups offering viable exit opportunities