Page 52 - Ipo

Top headlines: Centre may delay ECGC IPO; G7 sets net zero target at 2050

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Centre likely to push ECGC IPO to next year amid global uncertainties

The ongoing Russia-Ukraine war and tightening of monetary policy by important central banks internationally are expected to adversely impact the valuation of ECGC if the IPO is launched now

Jupiter Life Line Hospitals files IPO papers with Sebi to raise Rs 615 cr

Multispecialty hospital chain Jupiter Life Line Hospitals has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO comprises fresh issue of equity shares worth Rs 615 crore and an offer for sale (OFS) of 44.5 lakh equity shares by promoter group entities and other shareholders, according to the draft red herring prospectus (DRHP). Current promoters Ajay Thakker, Ankit Thakker and Western Medical Solutions LLP are not diluting their stake in the IPO. Proceeds of the fresh issue to the tune of Rs 464 crore will be utilized to retire debt. Besides, funds will be used for general corporate purposes. The Mumbai-headquartered company may consider a pre-IPO placement of Rs 123 crore and if such placement is undertaken, fresh issue size will be reduced. The hospital chain operates in Thane, Pune and Indore under the "Jupiter" brand with a total bed capacity of 1,194 as of December 2022. Jupiter Hospitals, which has

JSW Infrastructure files DRHP with Sebi, plans to raise Rs 2,800-cr via IPO

Firm plans to retire debt, fund port projects through the public offer's proceeds

Nexus Select Trust REIT IPO subscribed 28% on first day of offer

The offer includes fresh issue of units worth up to Rs 1,400 crore and an Offer For Sale (OFS) of up to Rs 1,800 crore

Reformation's IPO Push Bets on Going Green in $200 Eucalyptus Pants

The company, started in 2009 as a vintage boutique in Los Angeles, doubled sales over the past four years, with revenue topping $300 million

Mankind Pharma Ltd surges 23% in Mumbai debut after a $529 mn IPO

Mankind's deal marks the return of mid-to-large-sized debuts in India

Should you subscribe to Nexus Select REIT IPO? Here's what brokerages say

On Tuesday, shares of Nexus Select enjoyed a premium of Rs 5 in the grey market, which translated to a likely listing price of Rs 105 apiece on the upper price brand

TPG-backed RR Kabel files for IPO to raise up to $27.5 million

Indian wire and cable maker RR Kabel Ltd., backed by private equity firm TPG, filed for an initial public offering on Sunday, seeking to raise up to $27.53 million

Alibaba Group's global online commerce arm weighs US IPO, says report

The e-commerce giant is in the early stages of consideration and the IPO's size is yet to be determined, the report added

OYO to double Char Dham Yatra hotels this year to meet increased demand

IPO-bound company says 40 new properties will spread key locations of pilgrimage

Brookfield, Tata Group in talks to invest in upcoming IPO of Nexus Malls

BENGALURU (Reuters) -Brookfield Asset Management and Tata Group are in talks to invest in the upcoming initial public offering (IPO) for Nexus Malls, betting that the Indian real estate investment trust will benefit from a rise in the country's consumption levels, two sources told Reuters.

Blackstone backed Nexus Malls sets IPO price band at Rs 95-100 per unit

India's Nexus Malls, Blackstone Inc-backed mall real estate investment trust portfolio, has set price band for its 32 billion rupees initial public offering at 95 rupees to 100 rupees per unit

IPO-bound TVS SCS raises Rs 520 cr from Hero, Bajaj, SBI and others

Company has sought market regulator's approval to raise as much as Rs 750 cr

British Microchip giant Arm files for IPO in US to raise $10 billion

British microchip designing giant Arm has filed to sell its shares in the US, setting the stage for what could be the biggest stock market listing this year

Nexus Select Trust's Rs 3,200 crore REIT IPO to hit capital market on May 9

Global investment firm Blackstone-sponsored Nexus Select Trust will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT initial public offering (IPO). This will be India's first REIT (Real Estate Investment Trust) IPO backed by rent yielding retail real estate assets. At present, there are three listed REITs on stock exchanges but all backed by office assets. Nexus Selct Trust has filed its offer document with market regulator SEBI for its IPO. According to the offer document, the total size of the public issue is Rs 3,200 crore, which includes fresh issue of units worth up to Rs 1,400 crore and offer for sale (OFS) of up to Rs 1,800 crore. Earlier, the company had planned to raise up to Rs 4,000 crore from its proposed REIT public issue. In November last year, Nexus Select Trust filed the draft red herring prospectus (DRHP) with Sebi to launch its retail REIT public issue. Nexus Select Trust has a portfolio of 17 operational shopping malls acros

Alibaba slashes Cloud prices by 50% to drive adoption before IPO

The price cuts are one way for the company to attract more customers, said Zhang Yi, who tracks China's cloud computing sector at research firm Canalys

PE firms prune NSE holdings by 24% in Q4 amid uncertainty over IPO

As per latest shareholding data, SAIF Partners, Acacia Banyan Partners, Ontario Teachers, and Deccan Value Investors have cut their exposure by as much as 24 per cent

Mankind Pharma's Rs 4,326-crore IPO: Issue subscribed 14% on Day 1

The company's IPO closed on Thursday

Mankind Pharma raises Rs 1,298 cr from anchor investors ahead of IPO

Canada Pension Plan Investment Board (CPPIB), the Government of Singapore, SBI Multi Cap Fund, and Fidelity Investment Trust were some investors who were allotted shares under the anchor quota