Page 25 - Ipo

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

Rosmerta Digital postpones Rs 206 crore IPO amid adverse market conditions

Rosmerta Digital Services, which had planned to launch its Rs 206-crore initial public offering (IPO) on November 18, has postponed the issue, according to a public announcement. The IPO was touted as the largest-ever for an SME (small and medium enterprise). "...the initial public offering (IPO), which was originally scheduled to open on November 18, has been postponed," Rosmerta said in a public announcement dated November 13. The company has not specified a revised date for the IPO launch. The announcement comes amid weak equity market conditions due to unabated outflow by foreign portfolio investors (FPIs) and muted earnings. Rosmerta's proposed IPO was a complete fresh issue of 140.36 lakh equity shares valued Rs 206.33 crore at the upper end of the price band. The company was to be listed on the BSE SME platform. It had fixed a price band of Rs 140-147 apiece for the IPO, which was scheduled to close on November 21. Rosmerta Digital Services Ltd, a subsidiary of Rosmerta .

Swiggy delivers 17% gains on stock market debut; Mcap tops Rs 1 trillion

The gains came despite overall market weakness amid sustained selling by foreign portfolio investors

Swiggy: From a forgotten idea to Rs 1 trillion market cap on listing

Swiggy is the first company to list through the Securities and Exchange Board of India's confidential listing route, highlighting the competitive nature of the sector

Zinka Logistics' IPO subscribed 24% of offer size on opening day

The initial public offer of Zinka Logistics Solutions Ltd, a digital platform for truck operators, got subscribed 24 per cent on the first day of bidding on Wednesday. The IPO received bids for 54,08,100 shares against 2,25,67,270 shares on offer, as per NSE data. The portion for Retail Individual Investors (RIIs) got subscribed 50 per cent while the category for Qualified Institutional Buyers (QIBs) fetched 26 per cent subscription. The non-institutional investors part attracted 2 per cent subscription. Zinka Logistics Solutions Ltd on Tuesday mobilised over Rs 501 crore from anchor investors. The Rs 1,115 crore IPO is available at a price range of Rs 259-273 apiece for public subscription during November 13-18. The IPO is a combination of a fresh issue of shares worth Rs 550 crore and an offer of sale (OFS) of up to 2.06 crore shares. The OFS by promoters and investor selling shareholders is valued at Rs 565 crore at the upper end of the price band. Proceeds from the fresh issu

Swiggy to make 500 employees crorepatis after its IPO: Here's how

On the Bombay Stock Exchange (BSE), the stock opened at Rs 412, registering a 5.64% gain from the issue price. This listing is set to bring significant value through Esops

Swiggy enters the stock market, Zomato shares heartfelt post: 'You and I…'

Zomato shared a social media post featuring a banner announcing Swiggy's listing, the post shows a friendly nod between the two food delivery applications

Swiggy's Sriharsha Majety recounts journey in rare appearance at IPO debut

Swiggy's CEO, at the stock market debut, shared the journey from an IIM Calcutta college project to India's leading delivery platform

NTPC Green seeks $12 bn valuation in one of biggest renewable industry IPO

NTPC Green's IPO would follow the successful listing of Waaree Energies Ltd., which raised $514 million last month and was subscribed more than 70 times

Food delivery major Swiggy to debut on stock market on Wednesday

If the grey market premium is any indication, Swiggy's shares could list close to its issue price of Rs 390 per share, valuing the company at Rs 87,300 crore

Supply chain startup Zetwerk considers raising $1 billion through IPO

Zetwerk's technology platform helps connect suppliers and customers in areas such as aircraft engine manufacturing, consumer electronics and home appliances

Zinka Logistics' IPO to open on Nov 13; sets price at Rs 259-273 per share

Zinka Logistics Solutions Ltd, a digital platform for truck operators, on Friday said it has fixed a price band of Rs 259-273 per share for its Rs 1,115 crore initial share sale. The Initial Public Offering (IPO) will open for public subscription on November 13 and conclude on November 18, the company announced. The IPO is a combination of a fresh issue of shares worth Rs 550 crore and an offer of sale (OFS) of up to 2.06 crore shares. The OFS by promoters and investor selling shareholders is valued at Rs 565 crore at the upper end of the price band. A discount of Rs 25 per equity share is being offered to eligible employees bidding in the employee reservation portion. Proceeds from the fresh issuance to the extent of Rs 200 crore will be used for sales and marketing initiatives; Rs 140 crore for investment in Blackbuck Finserve for financing the supporting the capital base to meet future capital requirements; Rs 75 crore for funding of expenditure in relation to product developmen

Swiggy IPO subscribed 12% on day one; individual investors bid most

Swiggy has already allotted shares worth Rs 5,085 crore to anchor investors, drawn from the QIB quota

Jio IPO may be pegged at over $6 bn; listing expected in Q2 or Q3 of 2025

Reliance Retail could be valued between $125 bn and $150 bn at the time of IPO

Apollo Green Energy prepares for IPO, eyes Rs 10,000 cr portfolio by 2025

Apollo International's renewable energy arm in the EPC sector looks to build its Rs 3,500 crore portfolio before going public in 2025

Apollo Green to launch IPO in 2025; to build Rs 10K cr project portfolio

Apollo Green Energy Ltd (AGEL), part of Apollo International Group, on Tuesday said it is preparing for a public listing next year to support its expansion plans and secure new projects. Also, the company is set to build a Rs 10,000-crore project portfolio by 2025. "With over 200 professionals and an order book of Rs 3,500 crore, we are focused on delivering projects that meet the nation's energy needs and promote sustainability. Our upcoming IPO in 2025 will further strengthen our financial base, enabling us to scale our operations and invest in cutting-edge renewable technologies," Sanjay Gupta, CEO, Apollo Green Energy Ltd, said. AGEL is a leading Engineering, Procurement, and Construction (EPC) company specializing in renewable energy, providing a range of solutions that includes utility-scale solar, energy storage systems, green hydrogen initiatives, and hybrid power. Operating in eight states, the company manages a diverse portfolio of projects, including 400 MW of solar ...

Niva Bupa sets a price band of Rs 70-74 for its Rs 2,200 crore IPO

The IPO is a mix of a fresh issue of up to Rs 800 crore and an offer for sale (OFS) of up to Rs 1,400 crore by Bupa Singapore Holdings Pte Ltd and Fettle Tone LLP

Street Signs: IPO pulse weakens, TBO Tek's lock-up expiry, and more

The last released net SIP data for July stood at Rs 8,964 crore, with gross inflows reaching Rs 23,332 cr

HDB Financial Services files draft papers for Rs 12,500 crore IPO

The lender plans to use the proceeds from the IPO to enhance its Tier-I capital base and meet future capital requirements, including those for onward lending

Swiggy IPO gets bids of $15 bn from big investors like Norges, Fidelity

Swiggy, a SoftBank-backed Indian food and grocery delivery giant, will next week launch its $1.35 billion IPO that will be country's second-biggest stock offering this year