The IPO is likely to comprise a mix of new share issuance and secondary sales by existing investors, and could come as early as next year
A planned IPO for Vertis comes as Indian markets are trading near record highs
No fresh fund infusion planned; insurer to fund expansion through internal accruals, says CEO Anuj Mathur
Seven major IPOs, including Tata Capital and LG Electronics, are set to raise over Rs 30,000 crore tis week but investors should prioritise fundamentals over hype and avoid speculative bets
Aditya Infotech IPO Day 1 GMP Latest News Today (July 29): Ahead of its IPO launch, Aditya Infotech secured over Rs 582 crore from anchor investors on Monday, reflecting robust institutional demand for the issue.
According to sources, both companies are in the process of roadshows and are likely to roll out their IPOs by early next month.
Priced at Rs 700–740 per share, the IPO is up to 50 percent below levels paid by early investors pre-IPO
According to sources, shareholders of unlisted insurance companies do not want to go public till they see a valid case for valuations to increase or the need for capital raise to be compelling enough.
The Indian arm of the South Korean carmaker will be making investments towards capacity expansion, product and platform development, new launches, etc.
Bajaj Housing Finance’s IPO will open between September 9 and September 11, according to the firm's red herring prospectus (RHP).
Infra.Market subsidiary RDC Concrete, which divested 10 percent of its stake worth around $20 million in RDC Concrete to Ashish Kacholia and other investors in 2023, is also planning to make its public market debut in January 2025.
Production of Hyundai's locally manufactured EVs will begin by the end of 2024 and will be launched by 2025, along with Kia's India-made EV, the Hyundai Motor Group said in a statement on Thursday, adding that it would unveil five models by 2030
Paras manages a portfolio of seven multi-super specialty hospitals across Haryana, Bihar, Rajasthan, J&K and Jharkhand with 1,700 beds.
Under the scheme, Ola Electric is eligible for incentives for up to five consecutive financial years, commencing in fiscal 2023-24.
The Rs 740-crore Azad Engineering IPO will be opening for subscription on December 20, with the price band at Rs 499-524 per share. The last day for subscription to the IPO will be December 22
According to the veteran investor, the anchor investors merely flip these shares to retailers.
The IPO of the company, which makes advanced hoses catering to a range of high-tech and specialised sectors, opened on August 22 and was fully subscribed on Day 1
FedFina had filed a draft red herring prospectus (DRHP) with the market regulator last year for an IPO. But the plans were aborted due to unfavourable market conditions
HMA Agro Industries | The final issue price has been fixed at Rs 585 per share.
The public issue will open on July 4 and close on July 6. The anchor book opened for investors for bidding for a day on July 3. Senco Gold will make its debut on the BSE and NSE on July 14.
Sterling and Wilson Solar was the last company from the Shapoorji Pallonji Group to make a debut on the domestic bourses back in August 2019.
In the last six months, Mamaearth parent Honasa Consumer is the sole VC-backed unicorn to have submitted draft papers to SEBI. Following the IPOs of Zomato, Paytm, PB Fintech and others, companies have realised that public shareholders have different perceptions of their businesses and valuations as compared to private investors.
Kotak Mahindra Capital and Goldman Sachs are currently in advanced talks to be selected as financial advisors, with Kotak closely collaborating with the startup to determine the IPO's structure
MobiKwik's IPO plans lapsed in November 2022 due to adverse market conditions.
Utkarsh Small Finance bank got SEBI approval for the share sale in October 2022