Due to pre-IPO rounds, the OFS or offer for sale portion may be trimmed and the final combined size of the issue may fall between Rs 7,250 crore ($826 mn) to Rs 7,350 crore ($837 mn), sources told Moneycontrol
Lenskart proposes to utilise the proceeds from the IPO for various strategic initiatives, including capital expenditure for setting up new Company-operated Company-owned (CoCo) stores in India
Orkla India shares will be listed on the stock exchanges on November 6.
Orkla India declared maiden dividend of Rs 600 crore ahead of IPO, with foreign promoter taking lion’s share.
Midwest share market debut exceeded expectations, outperforming grey market projections, which had anticipated a listing gain of around 11%.
Orkla India IPO: Orkla India aims to raise around Rs 1,667 crore through its maiden public issue, which is set to open for public bidding on October 29.
Ten major companies, including Groww’s parent, Lenskart and ICICI AMC to tap the markets in a busy primary season.
Orkla India IPO | The public issue is entirely an offer-for-sale of 2.28 crore equity shares by promoter Orkla Asia Pacific, and other shareholders - Navas Meeran and Feroz Meeran.
The post-money valuation of the IPO has settled at around Rs 10,000 crore ( $1.13 bn) at the higher end of the price band, sources told Moneycontrol
Big IPOs, Small Floats — LG India and Tata Capital Wait in the Wings for Index Entry
As India’s record IPO pipeline expands, a new category of consultants has emerged to help unlisted firms get their systems, reporting, and governance in shape, long before investment bankers and lawyers step in.
Flipkart-backed logistics startup Shadowfax is looking to raise around Rs 2,000-2,500 crore via initial public offering (IPO).
Avaada Electro IPO | If the IPO plans frutify, this would be the largest fund raising by solar PV modules manufacturer via IPO in India.
Midwest IPO shares will be listed on both NSE and BSE on October 24, following a subscription of 87.89 times to its Rs 451-crore issue.
During Samvat 2081, as many as 433 Indian firms collectively raised over Rs 2.9 lakh crore through mainboard and SME IPOs and QIPs, compared to Rs 2.53 lakh crore mobilised by 429 firms in Samvat 2080
IPOs often generate significant hype, capturing the attention of retail investors with the allure of quick gains. However, the true potential for wealth creation lies not in chasing immediate listing-day profits, but in a disciplined, long-term approach to accumulation.
Meesho's net loss for FY25 stood at Rs 3,941 crore, up from Rs 305 crore, due to expenses related to flipping its base from the US to India. Without the exceptional item, Meesho’s net loss was Rs 289 crore.
The investments come through a secondary share purchase ahead of Lenskart’s SEBI-approved IPO, which includes a Rs 2,150-crore fresh issue and an offer for sale by existing shareholders.
Sify Infinit Spaces IPO | The Sifty Technologies-promoted company proposed to issue fresh shares worth Rs 2,500 crore, while investors Kotak Data Center Fund, and Kotak Special Situations Fund will be offloading shares worth Rs 1,200 crore via offer-for-sale.
The quota for non-institutional investors garnered 100 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 16.74 times
The post listing market capitalization of Canara HSBC Life stood at Rs 10,070.00-crore.
Prasol Chemicals IPO | The company proposed to raise Rs 80 crore via fresh issue, while promoters will offload up to Rs 420 crore worth shares through offer-for-sale route, indicating the majority amount will be received by existing shareholders.
Apart from the fresh issue, there is an offer-for-sale (OFS) of over 2.25 crore equity shares by promoters and existing investors, according to the draft red herring prospectus (DRHP) filed on Wednesday.
Midwest IPO shares are expected to be allotted by October 20, while share listing is scheduled to take place on October 24.
Canara Robeco AMC share price: The stock's market capitalization at debut stood at Rs 5,589 crore.