Page 2 - Ipos

India's IPO market expected to hit fresh records despite challenges: Citi

Citigroup's India head of investment banking, Rahul Saraf, said more deals should emerge as multinationals reassess portfolios and divest non-core assets

Stock Market Close: Sensex adds 118 pts, Nifty ends at 23,659; RIL, Hindalco, Bajaj Auto top gainers

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 0.49 per cent and 0.04 per cent higher, respectively

Arohan Financial Services files IPO papers; eyes ₹600 cr via fresh issue

Microfinance institution Arohan Financial Services has filed preliminary papers with market regulator Sebi to raise funds through an initial public offering (IPO), comprising a fresh issue of shares worth Rs 600 crore. Apart from the fresh issue, there will be an offer for sale (OFS) of4.04 crore shares by existing investors, according to the draft red herring prospectus (DRHP) filed with Sebi. US Teachers Insurance and Annuity Association, a retirement financial services firm, Michael & Susan Dell Foundation,Aavishkaar Goodwell India Microfinance Development Company-II Ltd,Tano Capital, TR Capital III Mauritius, and Danish Sustainable Development Goals Investment Fund,among other existing investors, will offload shares. Proceeds from the fresh issue will be used to boost the company's capital base and for general corporate purposes, the draft papers filed last week showed. Earlier in January, Arohan Financial Services Managing Director Manoj Kumar Nambiar stated that the company .

India's IPO jargon decoded: What fresh issue, OFS, and DRHP really mean

From fresh issue and OFS to confidential filing and QIB demand, here is a simple guide to the IPO terms that you should know

Muthoot Fincorp plans ₹4,000-crore IPO, board approves stock split

Muthoot Fincorp's board also cleared plans for NCD issuances, private placements, and a commercial paper programme with a limit of Rs 30,000 crore

Neolite ZKW Lightings, SS Retail, Aspri Spirits get Sebi nod to float IPOs

Neolite ZKW Lightings, SS Retail and Aspri Spirits have secured Sebi's approval to raise over Rs 1,200 crore collectively through initial public offerings (IPOs), an update with the regulator showed on Friday. The three companies, which filed their preliminary IPO papers in December, obtained Sebi's observations during May 6-14. In Sebi's parlance, obtaining observations is equivalent to securing approval to float public offering. Automotive lighting products maker Neolite is aiming to raise Rs 600 crore through its maiden public offering, comprising a fresh issue of shares aggregating up to Rs 400 crore along with an offer for sale (OFS) of shares valued Rs 200 crore by promoters and a shareholder, according to the draft red herring prospectus (DRHP). The company will use proceeds from the fresh issue for setting up a new manufacturing facility at Kancheepuram, Tamil Nadu; purchasing plant and machinery, electronic expansion at existing manufacturing facilities; payment of debt an

₹2,250 cr infusion may be enough for Axis Fin's growth needs for 3.5 years

Axis Finance's Rs 2,250-crore capital infusion from Axis Bank and Kedaara Capital is expected to support the NBFC's growth and delay upper-layer classification

Startup funding, exits evolve as investors demand profitability discipline

As startups increasingly tap public markets, investors are becoming more selective and demanding clearer paths to profitability than during the 2021 boom

Stock Market Close: Sensex jumps 790 pts, Nifty settles at 23,690; pharma, healthcare shine

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap was up 1.12 per cent, and the Nifty SmallCap was down 0.01 per cent

Market Close: Sensex ends volatile session 50 pts higher; Nifty settles at 23413; Nifty Metal up 3%

Sensex Today | Stock Market LIVE Updates Wednesday: The GIFT Nifty was indicating a slight positive open for the Nifty50 amid mixed global cues. Most Asian markets declined in early trade

Zepto, NSE, Flipkart, Reliance Jio: All about four big upcoming IPOs | IPO news | Investment

India’s primary market could be headed for another blockbuster phase. From the National Stock Exchange and Reliance Jio to Zepto and Flipkart, several high-profile companies are preparing for public l

Stock Market Close: Sensex plunges 1,313 pts, Nifty ends at 23,816 as West Asia conflict deepens

Sensex Today | Stock Market LIVE Updates Monday: The GIFT Nifty signalled a negative start for the Nifty50 index amid heightened tension in West Asia

HURL listing expected in current fiscal; stake sale may fetch ₹6,000 crore

The government plans to offload a 10-11 per cent stake in HURL and list the fertiliser PSU in the current financial year, according to a senior official

Kissht rises in mkt debut as investors bet on India's digital-credit boom

The lender has expanded rapidly by targeting underserved borrowers and tightening underwriting standards before its IPO

Kissht-parent OnEMI Tech makes positive debut; lists at 12% premium on BSE

OnEMI Technology shares listed at ₹190 per share on the NSE, reflecting a premium of ₹19 or 11.10 per cent over its IPO issue price of ₹171 per share

Stock Market Close: Sensex ends flat, Nifty settles at 24,327; SMIDs outperform; Brent below $100

Sensex Today | Stock Market Highlights, Thursday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.10 per cent and 0.87 per cent higher, respectively

InCred Holdings files draft papers with Sebi to raise funds through IPO

The proposed IPO of InCred Holdings comprises a fresh issue of equity shares aggregating up to ₹1,250 crore and an offer for sale of up to 99,020,833 equity shares

OnEMI Technology to list on May 8; here's what latest GMP hints at

OnEMI Technology IPO received a decent investor response with an overall subscription of 9.50 times, driven by strong participation from qualified institutional buyers

Market Close: Sensex jumps 941 pts on fag-end buying, Nifty ends at 24,331 on US-Iran peace hopes

Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap ended 1.76 per cent and 1.93 per cent higher, respectively

Bagmane Prime Office REIT IPO fully subscribed on Day 2; check GMP, details

Bagmane REIT IPO has received bids for 157.37 million shares against 147.92 million shares on offer, translating into a subscription of 1.06 times