SIS Cash Services Ltd, a leading cash logistics provider, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The issue comprises a fresh share issuance worth ₹100 crore and an offer for sale (OFS) of 37.15 lakh shares by existing promoters, …
Identixweb IPO, a ₹16.63 crore book-built issue, runs from March 26 to March 28, 2025, with shares priced at ₹51-₹54. The BSE SME listing is scheduled for April 3, 2025, and allotment finalisation on April 1, 2025. Investors must apply for at least 2,000 shares (₹1,08,000), while HNIs require two lots (₹2,16,000). The IPO comprises …
Indira IVF, a leading fertility treatment provider, has temporarily withdrawn its plans for a ₹3,500 crore initial public offering (IPO) after concerns raised by the Securities and Exchange Board of India (SEBI). The regulator questioned the timing of a biopic on the company’s founder, which was released shortly after the confidential filing of the IPO. The development …
The newly appointed SEBI Chairman, Tuhin Kanta Pandey, following his first board meeting at SEBI, stated that the regulator would review the issues surrounding the NSE’s IPO and assess how the process could move forward. His remarks prompted the National Stock Exchange (NSE) to resume the IPO process. According to reports, NSE has submitted an …
As per news reports, Tata Capital Ltd., the financial services arm of the Tata Group, has moved a step closer to entering the public markets. In a significant development, the company’s shareholders have approved its proposed Initial Public Offering (IPO) during an Extraordinary General Meeting (EGM) held recently. This approval marks a pivotal milestone in …
As per a news report, The long-awaited initial public offering (IPO) of the National Stock Exchange (NSE) appears to be facing a significant delay. According to a recent report, the Securities and Exchange Board of India (SEBI) has identified certain compliance-related concerns and has advised NSE to suspend its IPO plans. SEBI has reportedly recommended …
Studds Accessories, the well-known helmet manufacturer, has refiled its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking its second attempt to go public. The first filing was made in 2018, which received regulatory approval but was eventually withdrawn. Offer for Sale by Promoters The IPO will be an …
As per news reports, Fitness and wellness platform Cult.fit, backed by Zomato, has selected a group of investment banks to manage its upcoming Initial Public Offering (IPO), as per recent reports. The company is looking to raise up to ₹2,500 crore through the issue, which is expected to value it at nearly $2 billion. The …
Desco Infratech IPO opened for subscription on March 24, 2025, and it closed on March 26, 2025. This is a Book Built Issue, with the company aiming to raise approximately ₹30.75 crore. The offering comprises a fresh issue of ₹30.75 crore, each carrying a face value of ₹10. The IPO price band has been set between …
Rapid Fleet IPO is a book-built issue of ₹43.87 crore, comprising 22.85 lakh fresh shares at ₹183-₹192 each. The Rapid Fleet IPO allotment is set for finalisation on March 26, 2025, with a planned listing on the NSE SME platform on March 28, 2025. Retail investors must invest at least ₹1,15,200 for a lot of 600 …
