Advertisements Three companies — Federal Bank’s subsidiary Fedbank Financial Services, airport service aggregator platform Dreamfolks Services and speciality marine chemical manufacturer Archean Chemical Industries — have received capital markets regulator Sebi’s go ahead to raise funds through Initial Public Offerings (IPOs). These companies,… Read More ›
Professionals
Premium Watch Retailer Ethos To Launch IPO On May 18
Advertisements KDDL subsidiary, Ethos, announced the launch of its Initial Public Offering on May 18. The shares would be allotted on May 26 and the listing would take place on May 30. The anchor book would open a day prior… Read More ›
Aadhar Housing Finance Receives SEBI’s Nod For IPO
Advertisements As many as five companies, including Aadhar Housing Finance, TVS Supply Chain Solutions and Landmark Cars, have received capital markets regulator Sebi‘s go ahead to raise funds through initial share sales. Apart from these, Bikaji Foods International and Kids Clinic India… Read More ›
Ahead Of IPO Delhivery Raises INR 2347 Cr From Anchor Investors
Advertisements Supply chain Unicorn, ahead of its much-anticipated IPO launch Delhivery has raised INR 2347 Cr From Anchor Investors including Tiger Global, Bay Capital, Steadview, Fidelity. The anchor investors were allocated 48 million shares at INR 487 per share,… Read More ›
LIC IPO gets 2.95 times subscription; foreign investors’ response muted
Advertisements Life Insurance Corp’s mega public offering — India’s largest to date — on Monday closed with nearly 3 times subscription, predominately lapped up by domestic retail and institutional buyers but foreign investor participation remained muted. The government, which raised… Read More ›
Fintech Platform DollarBull to provide access to Indian investors for investing in over US stocks and ETFs
Advertisements DollarBull, a Fintech Platform empowering Indian investors with global investing solutions, has partnered with one of the most renowned securities trading businesses in the world – TradeStation Inc., a part of the Monex Group of Japan, to democratize international… Read More ›
Meesho Plans To Launch IPO by Year End
Advertisements With plans of commercially launching live commerce operation by December-end, e-commerce firm, Meesho, is running pilots, while adding value, as well as, regional brands to its platform to boost advertising revenue ahead of a planned public listing for next year. Live commerce is one among the key… Read More ›
Capital Small Finance Bank, Jesons Industries get Sebi go ahead to float IPOs
Advertisements Capital Small Finance Bank and Jesons Industries, a manufacturer of speciality coating emulsions, have received markets regulator Sebi’s go ahead to raise funds through initial public offerings (IPOs). In addition, Uma Exports too obtained Sebi’s green signal for floating an initial share-sale. These… Read More ›
Domestic investors prop up Indian stocks as foreigners flee
Advertisements Foreign investors have been cutting their holdings of Indian equities over the past few months, but domestic mutual funds, banks and insurance companies have helped put a floor under the market with their buying. According to the data from… Read More ›
The MSME Wishlist from Budget 2022
Advertisements By Pushkar Mukewar, CEO/Co-Founder, Drip Capital This time of the year, conversation in India generally veers towards the Union Budget as it provides a roadmap to how the country will function within the next year. To be sure, there… Read More ›