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 …
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 …
While the world shut down in the pandemic, some Indian companies witnessed tremendous growth. At least 15 companies launched their IPO in 2020 and received great subscription numbers. The IPO window is wide open this year as well with several big names such as LIC, Nykaa, Zomato, Go Air, etc. looking to go public. This …
Medical equipment manufacturer Skanray Technologies filed its preliminary papers for an initial public offering (IPO) with SEBI. Let’s take a look at its plan of action. Skanray decides to go public Per its draft red herring prospectus, Skanray Technologies IPO comprises new share issuance of up to Rs. 400 crores. Additionally, the IPO includes an Offer-for-Sale aggregating …
Established in 2009 in Gandhinagar, Walpar Nutritions is a manufacturer of food supplements, Ayurvedic, sexual wellness, cosmeceuticals, and nutraceutical products. They come with around 100+ formulations of different products under various segments. These segments include diabetic, antibiotic, pain management, dermatology, and gastro-intestinal, among others. It manufactures around 23 lakhs tablets, 12.5 lakhs capsules, and 1.5 …
Focus Business Solution IPO has hit the primary market on June 30 2021, and is all set to raise Rs. 1.22 crores through this initial public offering of 642000 equity shares. The said offer is a 100 percent fixed price issue. Focus Business Solution is here for more than a decade now and has established …
The world’s largest and China’s go-to mobility technology platform, DiDi Global Inc. (DIDI), sold approximately 317 million American Depository Shares (ADS) on Wednesday. Timeline of DiDi stock The company initially priced each of its IPO shares at $14, summing up to a $67 billion market valuation on Tuesday. On Wednesday, DiDi’s shares began trading at …
Healthium Medtech, India’s 2nd largest surgical sutures and medical consumables manufacturer, is on track to hit the share market by this calendar year’s end. Owned by Apax Partners, a private equity fund from the UK, the Indian company is aiming to obtain capital anywhere between $300 and $400 million through this IPO, to shore up …
An Overview of GR Infraprojects IPO The initial public offering (IPO) of GR Infraprojects will begin accepting subscriptions on July 7, 2021. There will be no new shares issued, and the public offering is planned to be an offer-for-sale (OFS) of up to 1.15 crore shares by promoters and shareholders. On July 9, 2021, the …
India’s largest insurance provider, Life Insurance Corporation of India (LIC), is gearing up to go public by the end of FY 22. With an estimated valuation of Rs. 10 lakh crores, LIC’s IPO will be the biggest in this country to date. Government plans to divest up to 25% of India’s largest insurer, with initial disinvestment …
