PayMate, a leading payment solutions firm backed by Visa and Lightbox, is planning to file a domestic initial public offering. With this move, it will join a clutch of tech firms heading towards an IPO. What’s happening? PayMate has started its preliminary discussions with investment banks for a prospective listing. If this plan pans out, …
Religare Enterprises is planning a Rs 2,000-crore initial public offer (IPO) for its subsidiary, Care Health Insurance, its health insurance concern. The IPO is expected to be launched towards the end of the current fiscal, according to news reports. Religare Enterprise is in talks with investment banks for the listing of shares. Tapping into the …
A Brief Overview Known for being the country’s most successful beauty retailer, Nykaa is set to potentially file its initial public offering (or IPO) with the Securities and Exchange Board of India (or SEBI) by submitting its red herring draft prospectus (or RHDP) as soon as early next month. This would allow for the company …
A Brief Overview After a sluggish two months, following the last initial public offering (or IPO) listing made by Macrotech Developers between April 7 and 9, IPO listings are once again set to hit the market this week. Presently four companies seek to offer their shares and seek to collectively raise INR 91,23 Crores. Shyam …
Abhishek Integrations IPO – Summary On November 10, 2017, the company was formed as “Abhishek Integrations Limited” in Ahmedabad under the provisions of the Companies Act, 2013, with a certificate of incorporation issued by the Registrar of Companies. To give their organisation a corporate shape, Abhishek Integrations Limited was formed in 2017 with the primary …
A Brief Overview Formerly known as UrbanClap, Urban Company is one of the most in-demand providers of home services and has decided to get started on the process of filing an initial public offering (or IPO). After securing a whopping USD 225 million in funding in May, Urban Company plans to make its shares public …
A Brief Overview Belonging to the umbrella enterprise Kotak Mahindra Group, Kotak Investment Advisors Limited (or KIAL) has brought forth a pre-initial public offering (or IPO) fund. Called the Kotak Pre IPO Opportunities fund, it is set to target high-quality companies that have a strong technological bent. Recognized as a category II alternative investment fund …
An Overview The capital market regulator, SEBI has approved Glenmark Life Sciences and Utkarsh Small Finance Bank’s initial public offerings (IPOs), reviving the market that has witnessed minimal activity so far this fiscal year. Glenmark Life Sciences and Utkarsh Small Finance Bank are aiming to raise more than Rs. 2,500 crores through their initial public …
A Brief Overview Diagnostics-focused Vijaya Diagnostics Centre Limited has filed a draft red herring prospectus (or DRHP) with the Securities and Exchange Board of India (or SEBI) for an initial public offering (or IPO). If this IPO is approved, it would allow its investors a partial exit from the company. Vijaya Diagnostics is one of …
An Overview of the Company Functioning within the country’s fast-paced and ever-growing online pharmaceutical sector, Pharmeasy’s parent company API Holdings has begun to consider the possibility of going public by way of issuing an initial public offering (or IPO). Aimed at raising INR 3,000 to INR 3700 Crores, this IPO would witness the company’s valuation …
