A revival in listing gains will require stronger participation in the secondary market, contingent to easing geopolitical tensions and the return of foreign flows.
The wave of green listings comes on the back of a pickup in India’s broader IPO market after a slow start to the year
The company is in talks with banks about the proposed share sale and seeking an enterprise valuation of $4 billion
The company clocked a robust 33% Revenue CAGR over last 2 years, reaching Rs 6,524 Cr in FY25 with 60% contribution from India and the remaining from international markets. Lenskart has a high gross margin of 69% with around 500 bps expansion over last two years, the DRHP showed.
The IPO will comprise of fresh issuance of shares worth Rs 2,150 crore, and an offer-for-sale of 13.2 crore equity shares by existing shareholders.
Deliberations are ongoing, and details such as the size of Bonfiglioli’s offering could change
Anthem Biosciences IPO Latest News (July 17): The issue was oversubscribed 63.86 times overall, with the retail investor portion subscribed 5.64 times and the non-institutional investor (NII) segment drawing 42.35 times subscription.
The company is planning to refile its preliminary prospectus with updated financial results after the summer, with the IPO potentially taking place as early as the fourth quarter
The Tiger Global-backed company plans to raise 26.26 billion rupees ($308.3 million) by issuing new shares, compared with its earlier plan of raising 31 billion rupees.
The valuation could dip to a dollar amount of between roughly $10.5 billion and $11.5 billion
Prudential’s shares closed at a seven-month high following the announcement. ICICI Bank has said it plans to retain its majority stake
The anchor bidding will start on December 19 and the issue will close on December 24
C2C Advanced Systems provided investors across all categories the option to withdraw their bids after SEBI's action.
The Bangalore-based firm has held talks with investment banks to help prepare for a potential IPO in Mumbai next year
The local unit of the Korean automaker now has a total of six positive recommendations, from Nomura Holdings Inc. and Macquarie Group Ltd. along with local brokers including Motilal Oswal Securities Ltd
Founded in 1974 by Indian businessman Yusuff Ali, the retail conglomerate operates more than 240 stores across six GCC (Gulf Cooperation Council) countries
The IPO consists a fresh issue of Rs 325 crore and an offer-for-sale (OFS) of up to 6.53 million shares by its existing shareholders and promoters
At the top of the range, Tokyo Metro, one of two subway operators in Japan's capital, would raise 349 billion yen ($2.35 billion) in the largest IPO in Japan for six years
Recently, Xolopak India filed Draft Red Herring Prospectus (DRHP) with the NSE Emerge to raise funds through an initial public offering (IPO).
The IPO comprises of a fresh issue of equity shares worth Rs 185 crore and an offer for sale of up to 1.68 crore shares.
The banks join Citigroup Inc., HSBC Holdings Plc and JPMorgan Chase & Co. as advisers on the IPO, which Bloomberg News has reported could raise about $2.5 billion for India’s second-biggest carmaker.
Veritaas Advertising IPO price band was set at Rs 109 to Rs 114 per share.
Rashi Peripherals IPO: Retail investors can bid for a minimum of 48 shares and in multiples of 48 after that. Hence the minimum investment by retail investors would be Rs 14,160
As of now, IIFCL is 100 percent owned by Government of India.
The public issue will be entirely a fresh issue of up to 55,00,000 equity shares, each with a face value of Rs 10, the company said in a statement on December 28.