While Prosus said that the exact timeline for the IPO announcements will come from the firms themselves, it also identified another five investee companies on its "future potential" IPO list
The expiry of the lock-in period could have implications for these companies, as some investors might look to sell their holdings
The SME IPO had received a good response, seeing 100 times more demand than shares on offer
BlackRock, the world's largest asset manager overseeing more than $10 trillion, is seeking to capitalize on a boom in investor demand for alternative assets, ranging from private equity to infra
Property Share Investment Trust (PSIT) is India's first registered small and medium real estate investment trust (SM Reit)
Indian HNIs, family offices, and leading financial institutions took part in latest funding round
Vneet Jaain, former chief executive officer at Adani Green Energy along with Adanis, prosecutors said, raised over $3 billion in loans and bonds by hiding their corruption from lenders and investors
Sebi has proposed an overhaul of the SME IPO rules to curb instances of fund diversion and malpractices
Anchor allotment is made to marquee investors a day before the IPO to instil confidence and provide cues to other investors
NTPC Green Energy IPO: Trading strategies for NTPC, Power Grid and other listed power stocks on the BSE, NSE.
The IPO comprises a fresh issue of equity shares worth up to Rs 550 crore and an offer for sale of 2,06,85,800 equity shares, aggregating up to Rs 564.72 crore
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 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 .
The gains came despite overall market weakness amid sustained selling by foreign portfolio investors
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
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
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
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 CEO, at the stock market debut, shared the journey from an IIM Calcutta college project to India's leading delivery platform
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