Page 42 - Ipo

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

Capital Small Finance Bank fixes Rs 445-468 as price band for its IPO

Capital Small Finance Bank on Friday fixed Rs 445-468 per share as the price band for its Rs 523-crore initial public offer opening on February 7. The issue consists of Rs 450 crore of fresh issue and the remaining Rs 73 crore of offer for sale through which promoters and external investors will dilute 5 per cent of their pre-issue holdings. The Jalandhar-based bank, which began operations in 2016 after converting itself from a local area bank, is 24 per cent owned by the promoter family led by Sarvjit Singh Sarma and his family, which will come down by to 18.4 per cent post issue, its managing director and chief executive Sarma told PTI here. Oman India Joint Investment Fund II is the single largest external shareholder in the bank, with a 9.5 per cent stake, which will sell its 20 per cent or 8,36,728 shares of its pre-issue holding. External investors own 40 per cent of the bank. American Capital, which owns 5 per cent, will divest 10 per cent or 1,51,153 equity shares, and Amic

Nova Agritech shares jump nearly 43.39% to Rs 58.79 in debut trade

The stock listed at Rs 56, up 36.58 per cent from the issue price on the BSE. It later jumped 43.39 per cent to Rs 58.79

Blackstone's Aadhar Housing Finance targets $600 million India IPO: Report

Aadhar plans to file its IPO papers with India's market regulator within the next two weeks, both sources said

BLS E-Services IPO sails through on Day 1: Here's all you need to know

BLS E-Services Rs 311 crore IPO was subscribed up to 2.5 times as of 11:30 AM on Day 1 of the offer period.

Faasos, Behrouz Biryani's parent Rebel Foods aiming to get listed in 2025

With this, Rebel Foods would become the country's first cloud kitchen business to go public