Page 40 - Ipo

Madhabi Puri Buch's 2nd yr in office: Pivoting towards a balanced approach

Buch-who oversees India's $4.7 trillion equities market-doesn't plan to rest on her laurels and has set out an ambitious goal such as moving towards instantaneous settlement cycle for secondary market

Tata Group eyeing $1-2 bn IPO of electric vehicle arm in 12-18 mths: Report

As per the report, the Tata group is aiming for a $1-2 billion initial public offering (IPO) of the EV unit and the listing could happen in the next 12-18 months

Juniper Hotels IPO subscribed 2.07 times on concluding day of the issue

The company's Rs 1,800-crore IPO was entirely a fresh issue and was priced between Rs 342 to Rs 360 per share. At the top end of the price band, Juniper is valued at around Rs 8,000 crore

Novelis IPO in US SEC: A potential booster for base metals major Hindalco

The monetisation proceeds could be used to fund ongoing capex for Novelis' Bay Minette facility

GPT Healthcare sets price band at Rs 177-188 for IPO opening on Feb 22

The company revealed the price band for its upcoming initial public offering (IPO), set at Rs 177 to 188 per share

Tata Capital's risk adjusted capital to improve to 10% in 2 years: S&P

Company to benefit from infusions by the Tata group and planned IPO, says rating agency

Reddit signs content licensing deal with AI company ahead of IPO: Report

The details of the AI deal could change as talks over the Reddit IPO launch, which could come in March, continue

Ather hiring investment banks for IPO this year, eyes raising Rs 3,300 cr

Ather competes with players such as Ola Electric, Bajaj, Ampere, Hero MotoCorp, and TVS Motor Company. It has been making efforts to achieve profitability as it prepares for the IPO

Metalbook targets $200 million ARR by FY24, plans IPO in 4-5 years

B2B digital platform Metalbook expects to achieve an annual recurring revenue (ARR) of USD 200 million (about Rs 1,660 crore) by March 2024, the company said on Thursday. ARR generally refers to the total revenue level that a company may achieve after 12 months. Metalbook claims to have registered a revenue of USD 72 million in financial year 2023. "Metalbook is anticipated to achieve an annualized revenue run rate of USD 200 million by the end of FY24, demonstrating a growth of over 15 times in the past two years," it said in a statement. Metalbook is a digital supply chain platform for the metals industry. The company recently launched new categories across copper, aluminium, metal scrap and claims to have a global footprint of processing centres, recycling networks and over 1,000 suppliers spread across 80 geographies. The expansion follows USD 15 million fundraise by the company in June 2023. The funding round was led by Rigel Capital, with participation from FJ Labs, as well

Hyundai seeks expansion and higher valuation with its $3 bn IPO in India

Hyundai, India's second-biggest carmaker behind Maruti Suzuki with a 15 per cent market share, has appointed bankers for the initial public offering which could be the country's biggest ever

Smallcap selloff weighs on sentiment causing dull debut for new listings

Jana, Capital Small Finance Bank slip below IPO price

SoftBank-backed Eruditus plans to shift to India from Singapore for IPO

India's $4 trillion stock market has been pulling in billions of dollars of domestic and foreign money as investors flock to a fast-growing alternative to China

Sebi ups scrutiny of issue documents amid a rise in IPO in market: Reports

"The regulator has returned at least six public offer documents, as Sebi observed companies are misleading in their reasons for fundraise," said the first of the four people cited above

Japan's SoftBank takes 10% hit on fintech major Paytm as rout continues

Japanese firm gradually exiting its investment since Paytm IPO

IPO corner: Rashi subscribed 60 times and Jana SFB booked 18 times

The company is a leading distributor of global brands in the computing and communication space

Entero Healthcare garners Rs 716 cr from anchor investors, IPO opens

Healthcare products distributor Entero Healthcare Solutions has collected Rs 716 crore from anchor investors. The company has allotted a total of 56.95 lakh equity shares to 25 funds at Rs 1,258 a piece, which is also the upper end of the price band, according to a circular uploaded on BSE's website late on Thursday. The anchor book saw participation from investors, including the Capital Group, Government of Singapore, Monetary Authority of Singapore, Amundi Funds New Silk Road, Societe Generale, Morgan Stanley Asia (Singapore) Pte, Goldman Sachs (Singapore) Pte, and Copthall Mauritius Investment Ltd. Additionally, Bajaj Allianz Life Insurance Company, SBI General Insurance, and Jupiter India Fund participated in the anchor round. The issue, with a price band of Rs 1,195-1,258 per share, opened for public subscription on Friday. It will close on February 13. The Rs 1,600 crore IPO is a combination of a fresh issue of equity shares worth up to Rs 1,000 crore and an Offer For Sale (

Jana Small Finance Bank IPO subscribed 88% on first day of bidding

The offer comprises of fresh issue of equity shares aggregating up to Rs 462 crore and offer for sale of up to 26,08,629 equity shares

Entero Healthcare Solutions set to launch Rs 1,600-crore IPO on February 9

In FY23, Entero Healthcare reported Rs 33,00.20 crore in revenue from operations with a gross profit of Rs 268.34 crore

Sebi mulls removing 1% security deposit for IPOs and rights issue

The regulator added that the number of complaints per IPO have reduced after the implementation of T+3 (Trade day plus three days) listing cycle

4 IPOs to hit the market next week; Aadhar Housing refiles IPO papers

Capital Small Finance Bank (Rs 523-crore issue), Small Finance Bank (Rs 570 crore) and Rashi Peripherals', (Rs 600 crore) IPO opens on February 7, while Apeejay Surrendra Park's Rs 920-crore IPO opens