Page 4 - Ipo

Meesho IPO subscribed 2.4 times on day one; retail book nearly four times

Meesho's IPO was subscribed 2.4 times on the first day, driven by strong retail demand, after it raised Rs 2,440 crore from anchors and set a price band of Rs 105-111 per share

Anthropic taps IPO lawyers as it races towards listing ahead of OpenAI

Anthropic has held early, informal talks with major investment banks about a potential public listing, though it has not selected any banks yet

Indian ecom penetration could mirror WhatsApp user base: Meesho cofounder

Meesho Cofounder Sanjeev Kumar says India's ecommerce penetration could eventually match Whatsapp's vast user base, driven by rapid growth in smaller cities and heavy investment in AI and tech

E-commerce firm Meesho's ₹2,439 cr anchor book sees 30x oversubscription

This is led by SBI MF, GIC, Fidelity, BlackRock, Axis MF, Aditya Birla MF and prominent tech investors like Dragoneer

Bombay High Court dismisses petition against WeWork India IPO approval

The petition alleged that WeWork India reported heavy losses and a negative net worth while presenting an overly optimistic growth outlook without adequately disclosing associated risks

Sebi to simplify offer document summaries to aid investor clarity

Markets regulator Sebi is looking to rationalise and simplify the offer document summary to encourage informed investor feedback and reduce reliance on unverified tips, its chairman Tuhin Kanta Pandey said on Monday. This move will also dispense with the Abridged Prospectus, thereby easing compliance requirements for issuers, he added. At present, offer documents are typically voluminous and packed with detailed disclosures across various aspects of an issuer company. To address this, Pandey had stated last month that the contents of the offer document summary for IPO-bound companies would be further streamlined to make them more accessible and useful for investors. Addressing the CII Southern Region in Chennai, Pandey reiterated this stance, noting, "We are proposing to rationalise and simplify the Offer Document Summary, to be made available separately to investors, encouraging informed feedback and reducing reliance on unverified tips". Additionally, he said a comprehensive rev

Meesho plans to set aside ₹480 cr from IPO proceeds to pay AI, tech staff

E-commerce company Meesho plans to use Rs 480 crore from the public offer proceeds towards payment of salaries of AI and technology teams, according to draft IPO papers. The disclosure has sparked social media chatter over whether such utilisation from IPO funds (on personnel salary spends) should be worrying or signals long-term bets on tech talent. SoftBank-backed e-commerce firm is aiming to raise Rs 5,421 crore through its Initial Public Offering (IPO), which opens for subscription on December 3. The e-commerce firm will make its debut on the stock market on December 12. The Bengaluru-based company's maiden public offering will comprise a fresh issue of shares worth Rs 4,250 crore, along with an Offer For Sale (OFS) of 10.55 crore shares valued at Rs 1,171 crore at the upper band, taking the total issue size to Rs 5,421 crore. Giving details of the proposed utilisation of IPO proceeds, the company disclosed that Rs 480 crore is earmarked for "payment of salaries of our existing

A rally leaning too far: A Jenga-high market with a wobbling base

ADR falls to 0.89 - November's gains now balance on a shrinking block of stocks, the lowest since February

Ecommerce firm Meesho says free cash flow positive ahead of ₹5,421 cr IPO

Indian e-commerce firm bets on AI, advertising and low-cost logistics to reach profitability as it prepares to test public markets

Aequs to float IPO on Dec 3; aims to raise ₹670 cr via fresh issue

The company's maiden public offering will conclude on December 5 and anchor investors will be allocated shares on December 2, according to the red herring prospectus (RHP)

ICICI Prudential AMC to launch ₹10,721 cr IPO in second week of Dec: Report

A subsidiary of Prudential will sell up to 10% stake in the IPO, with the asset manager eyeing a valuation of $12 billion

Ola's Bhavish Aggarwal bets on new home batteries to revive business

Investors are balking at joining the company's new ₹1,500 crore ($168 million) fundraising plan given the Indian EV maker's deteriorating sales and financial health

Casagrand sponsors London trip for 1K employees under reward programme

Casagrand sends 1,000 employees on a fully sponsored week-long London trip under its Profit Share Bonanza, reinforcing its people-first and recognition-led culture

Zypp Electric targets 5x fleet in 2-3 years: Cofounder and CEO Akash Gupta

The company aims to enter 25 cities and capture 10-12 per cent of all last-mile deliveries in these markets

Singapore's energy firm Sembcorp plans IPO of Indian unit, says report

Sembcorp's Indian arm, Sembcorp Green Infra, operates businesses in wind, solar and energy storage, and competes with the likes of Adani Green Energy and Avaada Group

Bill Ackman prepares for Pershing Square IPO, eyeing debut in 2026

In what would be a unique double IPO, Ackman is looking to simultaneously list a new investment fund along with Pershing Square

BoAt's local production jumps to 76%; hits 3x localisation in 2 years

IPO-bound wearable and audio brand cements its position as one of India's most vertically integrated consumer tech companies, manufacturing over 75 million units in India as of June 30, 2025

Meesho emerges as India's top free-cash-flow generator ahead of IPO

IPO-bound Meesho has swung to positive free cash flow in FY25, with analysts crediting its no-inventory, no-logistics, asset-light model for driving margins, capital efficiency and rapid scale

PhysicsWallah jumps 42% on debut as edtech sentiment shows signs of revival

PhysicsWallah made a strong stock market debut with shares rising 42% over the issue price, reflecting renewed optimism in India's troubled edtech sector following recent high-profile setbacks

Emmvee Photovoltaic share makes muted debut, lists flat at ₹217 on BSE, NSE

Ahead of debut, Emmvee Photovoltaic's shares were quoting at ₹217 in the grey market, suggesting no premium over the issue price, according to market trackers.