Page 166 - Ipos

Zostel asks Sebi to reject and suspend Oyo's $1.2-billion IPO

The move can potentially lengthen Sebi's clearance process

SJS Enterprises, Mobikwik, Skanray Tech get Sebi nod for IPOs

The Securities and Exchange Board of India (Sebi) has given its approval for the initial share sales of three companies, including SJS Enterprises and One Mobikwik Systems Ltd. Medical equipment maker Skanray Technologies Ltd has also received the nod from the watchdog for its initial public offering (IPO). The three companies have been issued observations by the watchdog, according to the update on the processing status of draft offer documents as on October 8. An observation letter is mandatory for an initial share sale. In Sebi parlance, the issuance of observations implies its go-ahead for the IPO. One Mobikwik Systems Ltd is a leading mobile wallet (MobiKwik Wallet) and Buy Now Pay Later (BNPL) player in India. The company, which filed the Draft Red Herring Prospectus (DRHP) for the IPO in July, plans to offer shares aggregating to Rs 1,900 crore. This will comprise raising Rs 1,500 crore through fresh issue of shares and Rs 400 crore-worth stocks will be offloaded through th

India accounts for 3% of global IPO proceeds worth $330.6 bn in Jan-Sep

With over 70 companies coming out with their initial share sales, India might have emerged as one of the top IPO markets in terms of proceeds at $9.7 billion in the first nine months of this year

Complaints, litigation threaten to stretch timelines for marquee issues

Rising instances of complaints by competitors against companies ahead of their IPOs

Boom time: 31 and counting, happy hour for India's unicorn club

The great unicorn rush, that started with Digit Insurance this year, has covered diverse sectors from fintech to e-shopping and even cloud kitchen

Sebi proposes sweeping changes to HNI allotment process for IPOs

Also suggests changes to price discovery norms

Shrinking price bands may trigger Sebi rule on keeping minimum 5% gap

The move is to facilitate the so-called book building process used for price discovery during IPOs

LIC IPO: Govt may not need to amend any law to permit foreign participation

Foreign participation would be allowed as per the listing norms of the Securities and Exchange Board of India (SEBI) and the extant sectoral FDI guidelines

What's a SPAC and how does it help startups in raising money? Decoded

SPAC is the new buzzword in the deal-making space. It is becoming very popular with founders in India and abroad. So, what is a SPAC and how does it work? Let's understand

Sebi proposes minimum price band for IPOs, sub-categorisation of NIIs

Sebi has invited comments on its proposals in a consultation paper for review of price band and book building framework for public issues. The comments can be submitted till October 20, 2021

IPO filing hits century this year amid favourable market conditions

Mobilisation by way of initial offerings is already near the 2017 record tally of Rs 67,147 crore

PKH Ventures files draft papers with Sebi to raise funds through IPO

Diversified company PKH Ventures Ltd has filed draft papers for an Initial Public Offering (IPO) with markets watchdog Sebi.

Veeda Clinical Research files draft papers with Sebi for its IPO

Veeda Clinical Research has filed preliminary papers with capital markets regulator Sebi to raise a little over Rs 831 crore through an initial public offering

CSS Corp is looking at IPO in late 2023 for its standalone business: CEO

Company's CEO says firm is working with business process management (BPM) company Startek on opportunities where they can add value

Aditya Birla Sun Life AMC allots shares worth Rs 789 cr to anchor investors

Aditya Birla AMC is looking at valuations of Rs 20,500 cr in its IPO-the fourth by a domestic mutual fund house

Tepid listing gains, quarterly result updates put brakes on IPO rush

In March 2021, nine IPOs were launched but only one IPO hit the markets in April

Employees made us who we are, they are equal owners: Freshworks CEO

Girish Mathrubootham shares his views on the journey so far, what his IPO means to the SaaS (software as a system) ecosystem in India

Street signs: Hotels stocks on investors' radar, Aditya Birla MF GMP at 10%

Shares of Indian Hotel have rallied nearly 30 per cent in the past one month

30 firms may float public issues in Oct-Nov to mop up Rs 45,000 cr

Of the total fundraising, a large chunk would be garnered by technology-driven companies

Big C invests Rs 125 cr to open 250 outlets in 2 yrs, mulls IPO after FY24

Mobile handset, electronics retailer Big C on Friday said it will be investing Rs 125 crore in the next two years to open 250 new outlets focusing on tier four and five cities