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LIC IPO: The Government Could Sell LIC Stake in Two Phases to Avoid Crowding Out

LIC IPO: The Government Could Sell LIC Stake in Two Phases to Avoid Crowding Out

27 July 2021

LIC IPO is among the most awaited initial public offerings in the country. For good reason! It is not every day the Central Government decides to dilute its stake in one of the most recognised companies in the country. LIC IPO is expected to go live in the first half of the next fiscal year. …

Glenmark Life Sciences Ltd. IPO Opens Today: Here’s All You Need to Know

Glenmark Life Sciences Ltd. IPO Opens Today: Here’s All You Need to Know

27 July 2021

The initial public offering of Glenmark Life Sciences opens today, 27 July 2021, with a price band of Rs. 695 – Rs. 720 each share. Glenmark IPO is set to close on Thursday, 29 July 2021. The company, a wholly-owned subsidiary of Glenmark Pharmaceuticals, is one of the major producers of Active Pharmaceutical Ingredients (APIs). Established …

Glenmark Life Sciences IPO Fully Subscribed On Day 1

Glenmark Life Sciences IPO Fully Subscribed On Day 1

29 July 2021

A subsidiary of Glenmark Pharma, Glenmark Lifescience IPO, got fully subscribed within two hours of opening. The IPO received a strong response from all investors, especially the retail segment, who led the charge by oversubscribing on the first day. Glenmark Lifescience is the subsidiary of the listed Glenmark Pharmaceutical, manufacturers critical non-commoditized APIs for chronic …

Rolex Rings Ltd. IPO Opens On July 28, 2021:  Aims To Mop Rs 731 Cr

Rolex Rings Ltd. IPO Opens On July 28, 2021: Aims To Mop Rs 731 Cr

30 July 2021

The IPO bell rings for Rolex Rings, an auto component manufacturer based in Rajkot, Gujarat. They are among the top five forging companies in the country and global manufacturer and supplier of hot rolled forged, machined bearing rings, and automotive components for various vehicles, including two-wheelers and four-wheelers. After the stellar debut from the tech …

Exxaro Tiles IPO In The First Week Of August: All That You Need To Know

Exxaro Tiles IPO In The First Week Of August: All That You Need To Know

31 July 2021

Exxaro Tiles Pvt. Ltd. IPO will hit D-street during the first week of August. It will be the first IPO from a ceramic tiles company in a decade. They have received the necessary SEBI approvals to float their offer through which they are trying to mobilize a fund of Rs 150-200 crores. Recently, IPOs have …

Pharmeasy Considers IPO and Acquires Medlife

Pharmeasy Considers IPO and Acquires Medlife

26 May 2021

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 …

Paytm Set to Issue India’s Largest IPO

Paytm Set to Issue India’s Largest IPO

28 May 2021

An Overview of the Company Previously operating under the name One97 Communications, Paytm serves as the country’s leading provider for carrying out any and all digital payments. It hopes to acquire a valuation of approximately USD 25 billion to USD 30 billion for its upcoming initial public offering (or IPO). Offering its clients full-stack payments, …

Activity Surrounding Delhivery’s Pre – IPO Moves

Activity Surrounding Delhivery’s Pre – IPO Moves

1 June 2021

An Overview of the Company Recognized as a unicorn startup owing to its valuation amounting to around USD 3 billion, Dehlivery serves as a delivery service known for delivering goods for e-commerce companies of repute. Although its name would have you believe it provides services across the city of Delhi alone, that isn’t in fact …

Pepperfry to become a unicorn company soon, plans for an IPO

Pepperfry to become a unicorn company soon, plans for an IPO

1 June 2021

An Overview of Pepperfry’s Strategy By the time its initial public offering (IPO) hits the market, Pepperfry will have joined the unicorn club (valued at more than USD 1 billion). While discussing plans to grow offline studios, Pepperfry co-founder and COO Ashish Shah stated that the company aims to become profitable as soon as the …

Nykaa Set to Join the IPO Bandwagon

Nykaa Set to Join the IPO Bandwagon

3 June 2021

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 …

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