Overview of Zomato IPO On Wednesday, April 28, online food ordering and distribution startup Zomato filed for an initial public offering (IPO) worth up to Rs. 8,250 crores, as food delivery saw a boom amid the country’s ongoing second wave of the pandemic. Zomato was founded in 2008 and is backed by China’s Ant. It …
Although India has a buzzing IPO market, participation from leading startups so far is negligible. But as more first-generation startups are coming of age, their participation might increase. After Policy Bazaar announced its plans in July, it is now time for food delivery startup Zomato to announce the big news. It said that it is …
Established in 1998, SBI Cards & Payments Services Limited is one of the only two NBFCs registered as issuers of credit cards. And with its Initial Public Offering (IPO) scheduled to open on March 2, 2020, SBI Cards is poised to become the only listed company in its industry. The NBFC is a subsidiary of …
Le Travenues Technology Ltd., which is Ixigo’s parent company, received approval from SEBI regarding its initial public offering. The market regulator has already issued an observation letter favouring the company, allowing it to carry on with its Rs. 1,600 crores public offer. As per sources, Ixigo’s listing in the bourses is likely to happen between …
Gujarat-based agrochemical company Heranba Industries Ltd. received approval from SEBI to float public issue worth Rs 625 crores. Once launched, it will be the eighth IPO of 2021. The issue will open during the last week of February. Before the IPO opens, let’s look at the vital points associated with it to decide its potential. …
Market regulator SEBI has now brought in a policy to smoothen reconciliation among intermediaries in connection with IPOs. Another important move by SEBI pertains to addressing IPO investor grievances, especially those who use UPI (unified payment interface) for making payments. Further, SEBI has allowed the Paytm UPI handle for investors who wish to invest in …
The LIC IPO will have a sizable portion reserved for HNI investors. LIC IPO has created a lot of buzz in the market. It is expected to become the largest IPO listing in India. It’s worth noting that the government announced disinvesting a 3.5% stake in PSU life insurance company to haul a sizable amount …
The retail-focused housing finance company Aptus Value Housing Finance has fixed their upcoming IPO’s price band at Rs. 346 to Rs. 353 per share. The IPO is set to open for subscription on 10 August 2021 and will close on 12 August 2021. At Rs. 353 per share, the non-banking lender will raise around Rs. …
EaseMyTrip IPO of Rs 510 crores is going to hit the market on March 8, 2021. Ahead of the offer, let’s look at the details to decide if it is worth bidding. Easy Trip Planners Limited is an online travel agency based in Delhi. The promoters, Nishant and Rikant Pitti, will offload a 25 percent …
AAA Technologies Limited will join the IPO bandwagon on September 30. The company said that it is ready with the AAA Technologies Limited IPO to hit the market under the NSE SME segment with an offer size of Rs 10. 23 crores. The IPO market has revived pretty well since the lockdown dampened its performance. …
