Jun 15, 2021 11:22 AM IST
With momentum building up once again with Sona Comstar and Shyam Metalik opening up for a subscription, the stage is getting set for two more IPOs this week - Dodla Dairy and Krishna Institute of Medical Sciences. Ahead of that, Moneycontrol's Karunya Rao fills us in on all the details to help you decide if you should subscribe.
- Jun 09, 2021 01:28 PM IST
Akriti Chopra, who was CFO till October, left the position soon after the company got active with its IPO plans. Akshant Goyal will be the new CFO. This is not the first time Zomato is elevating an employee to the position of a founder.
- Jun 08, 2021 07:27 PM IST
In August 2019, Blackstone announced the merger of Chennai-based auto component firm Comstar, which it controlled, with Sunjay Kapur's Sona BLW to create Sona Comstar. Blackstone would hold a 65 percent stake in the firm and Kapur would hold 35 percent, according to the announcement. Balckstone’s housing finance portfolio company Aadhar Housing Finance has also filed a DRHP for a $1 billion IPO in 2021.
- Jun 08, 2021 01:56 PM IST
This is not One97's first attempt to go public. In 2010, the company, which then used to provide value-added services (VAS) for telecom customers planned to raise Rs 120 crore through an IPO.
- Jun 02, 2021 01:54 PM IST
The induction of Aditya Puri on the board and acquisition of Medlife is in the run up to the company's IPO. The former head of HDFC bank has been in demand in the corporate world, and will join the board of PNB Housing Finance as an investor nominee, while Strides Group’s Stelis Biopharma announced his appointment as a chairman of the board.
- May 14, 2021 12:25 PM IST
GoAir finds itself in a unique position as it filed its DRHP with Sebi on May 14. But that has more to do with what its competitors IndiGo and SpiceJet did than anything by the airline.
- May 14, 2021 11:34 AM IST
GoAir has filed for an initial public offering finally but most of the funds the low-cost carrier will raise will be used to pay off debt. And Indian aviation has long been brutal
- May 04, 2021 05:51 PM IST
Zomato currently counts 74 stakeholders with at least 18 people having shares of more than 1 percent or more of the paid-up share capital of the company, with founder and chief executive officer Deepinder Goyal holding a 5.5 percent stake. The value of the equity held by him stands at Rs 2,734 crore.
- Apr 28, 2021 12:04 PM IST
Listing risk factors in its DRHP, Zomato said it faces “intense competition” in food delivery and its business may be adversely impacted if the company is unable to compete effectively.
- Apr 28, 2021 10:44 AM IST
The leading restaurant aggregator and food delivery firm is backed by marquee investors such as Info Edge, Temasek, Ant Financial, and Tiger Global, among others.
- Feb 21, 2021 06:50 PM IST
Policybazaar is housed under Etech Aces Marketing & Consulting which also houses lending marketplace Paisabazaar.
- Feb 02, 2021 01:54 PM IST
Brookfield’s $500 million real estate investment trust (REIT) IPO opens on February 3. This will be the third REIT to list on the Indian bourses after Embassy Office Parks REIT in 2019 and Mindspace Business Park REIT in 2020, both of which were backed by rival Blackstone
- Aug 24, 2020 11:15 AM IST
The initial public offering is expected to facilitate a partial exit for the private equity major and help the Kerala-based jewellery company reduce debt.
- Jul 17, 2020 06:05 PM IST
The launch of a REIT IPO despite the pandemic will help widen investor base considerably, prove healthy for overall REIT space and set the foundation for the creation of more REITs, real estate experts said