Advertisements Concord Enviro Systems, an environmental engineering solutions firm, has filed preliminary papers with Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale… Read More ›
IPO
Officer’s Choice Whisky Maker Allied Blenders Files INR 2,000 Cr IPO Papers
Advertisements Allied Blenders and Distillers Ltd, the maker of Officer’s Choice whisky, has filed preliminary papers with the capital markets regulator Sebi to raise Rs 2,000 crore through an Initial Public Offering (IPO). The IPO comprises fresh issue of equity… Read More ›
Innova Captab Files Draft Papers For IPO With Sebi
Advertisements Pharmaceutical company Innova Captab Ltd has filed preliminary papers with the capital markets regulator Sebi to raise as much as Rs 900 crore through an Initial Public Offering (IPO). The proposed IPO comprises fresh issuance of equity shares worth… Read More ›
How will Furniture Logistics Get Affected by Delhivery IPO?
Advertisements Lokendra Ranawat, Co-Founder and CEO, WoodenStreet The online shopping market has seen substantial growth in the last decade. The two significant factors reasoning the development are enhanced digital knowledge among the common mass and the improving logistics industry of… Read More ›
D2C Skincare And Beauty Brand Mamaearth Eyes USD 3 Bn Valuation In 2023 IPO
Advertisements Sequoia Capital-backed Indian skincare startup Mamaearth is in talks to raise at least $300 million in a planned IPO next year and is seeking a valuation of around $3 billion, three people with direct knowledge of the company’s plans… Read More ›
Mobikwik Likely To Secure USD 100 Mn In Equity After Deferring Planned IPO
Advertisements Mobikwik is in talks with investors to raise $100 million in equity to fund business expansion after delaying its initial public offering, a founder said. The Gurgaon-based fintech company, which turned profitable for the first time in the quarter,… Read More ›
LIC Shares Slump To Record Low Of INR 782.45; Market Cap Slips Below INR 5 Lakh Cr
Advertisements Share price of Life Insurance Corporation of India (LIC) slumped to a record low of Rs 782.45 on Monday, which is 17.55 per cent down from its IPO issue price of Rs 949. At 1.27 pm on the BSE, Life Insurance Corporation of… Read More ›
Financial Services Firm PayMate India Files For INR 1,500 Cr IPO
Advertisements Leading B2B payments and services provider PayMate India has filed preliminary papers with capital markets regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO). The initial share-sale comprises fresh issue of equity shares worth Rs… Read More ›
Luxury Watch Player Ethos Gets INR 142 Cr From Anchor Investors Ahead Of IPO
Advertisements Luxury and premium watch retail player Ethos on Tuesday said it has raised around INR 142 Cr from anchor investors ahead of its initial share sale, which opens for subscription on Wednesday. The company has decided to allocate 16,13,725 equity shares… Read More ›
Fedbank Financial, Dreamfolks, Archean Chemical Get Sebi Nod To Float IPOs
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 ›