Pine Labs, leading Indian payments and ecommerce start-up, closed a whopping $600 million financing round as it sets to enter the public market foray in two years. This was courtesy of the entry of new investors, which is subject to approval from SEBI. The key investors include: Fidelity Management and Research Company Funds managed by …
After a recess of two months, IPOs are once again back in the market. In June, four companies lined up to hit the IPO market to raise a total of Rs 9,123 core. India Pesticides Limited IPO will open on June 23. The three days subscription window for retail investors will remain open till June …
Zomato’s Shares Slash Info Edge, one of Zomato’s major owners, has reduced the offer for sale in Zomato’s IPO by half, bringing the total amount of the IPO down. The company, which is owned by Sanjeev Bikhchandani, announced on Sunday that its board has amended the company’s offer for sale of Zomato shares to Rs. …
Krishna Institute of Medical Sciences (KIMS) Limited is a very popular chain of Indian hospitals. It is based out of Andhra Pradesh and Telangana in the southern parts of India. Recently, the Krishna Institute of Medical Sciences (KIMS) announced a new IPO. Being a healthcare chain, the importance of it only grows as health needs …
Overview of the company: The company is a retail focused housing finance lender that zeroes in on customers from low and middle income brackets in rural and semi-urban areas. Aptus Value Housing Finance India limited, a Chennai-based company is looking to raise anywhere between Rs 2,600 crore to Rs 3,000 crore via its IPO. The …
Overview of the company As bourses continue to operate at lifetime highs, companies are looking to tap into liquidity flushed markets and secure high valuations for their IPOs. A number of Quick Service Restaurant IPOs have been knocking at the market regulator SEBI’s door looking to raise easy money from the market. In December last …
The IPO season is in full swing and a new company is all set to list its shares on the bourses. Sona Comstar, an auto component manufacturer, has received approval from the market regulator SEBI to raise Rs 6,000 crore via an initial share sale. The IPO will see the company raising funds by fresh …
As India battles the second wave of Covid-19 infections, the stock market has largely stayed resilient. In the first fortnight of May alone, as many as ten companies have filed their prospectus with SEBI in a bid to raise a combined amount of Rs 20,000 crore. Nirma group cement firm Nuvoco Vistas Corporation Ltd, filed …
Introduction Medi Assist – a company known for the administrative health insurance facilities they provide has just submitted a draft red herring prospectus (or DRHP) with the Securities and Exchange Board of India. This decision to go public was governed by their desire to generate approximately INR 840 crore in the form of an initial …
An Overview of the Company Supriya Lifescience, a Mumbai-based pharmaceutical company, has filed a draft red herring prospectus (DRHP) with capital markets regulator SEBI in order to launch an initial public offering (IPO). The firm intends to raise Rs. 1,200 crores from the primary sector. The IPO consists of a fresh issue of shares worth …
