Ather Energy IPO is a book-built issue IPO, aiming to raise ₹2,981.06 crore. The issue comprised a fresh issue of 8.18 crore equity shares aggregating to ₹2,626.30 crore and an offer for sale (OFS) of 1.11 crore shares totalling ₹354.76 crore. The bidding window was open from April 28, 2025 to April 30, 2025, with the …
Homegrown e-commerce company Meesho has received board and member approval to change its legal name from “Fashnear Technologies Private Limited” to “Meesho Private Limited,” as per a regulatory filing with the Registrar of Companies (RoC), as per a news report. The move is a strategic decision ahead of its upcoming IPO. Rationale Behind Rebranding Meesho’s …
Travel Food Services Ltd. has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its Initial Public Offering (IPO). The observation letter, which acts as a clearance to launch the issue, was issued on April 22, 2025. The company had submitted its draft red herring prospectus on December 10, 2024. …
Canara HSBC Life Insurance Company Limited has filed a draft red herring prospectus (DRHP) with the capital market regulator, the Securities and Exchange Board of India (SEBI), to float its initial public offering (IPO). Canara HSBC Life is a joint venture, with Canara Bank holding a 51% stake and HSBC Group’s Asia-Pacific insurance arm owning …
India’s Initial Public Offering (IPO) market has continued to show resilience, capturing a significant 22% share of global IPO activity in Q1 2025, according to the EY Q1 2025 IPO Trends Report. Despite global economic headwinds, India hosted 62 IPOs during the quarter, raising a total of USD 2.8 billion, underscoring the country’s ongoing appeal …
The Indian IPO market is gearing up for a comeback, with a new mainboard initial public offering (IPO) set to open for subscription this week—marking the first such listing in over a month. In addition to the mainboard IPOs, 4 IPOs from the small and medium enterprise (SME) segment are also scheduled to open. As …
Canara Robeco Asset Management Company Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). Offer Details The IPO will consist of an offer for sale (OFS) of up to 4.98 crore equity shares with a face value of ₹10 each. …
Walmart-backed Flipkart is reportedly preparing for a massive initial public offering (IPO) in India as early as next year, targeting a valuation between $60 billion and $70 billion. If successful, the listing would become the largest ever by a consumer technology company in Indian stock market history. The Bengaluru-headquartered e-commerce major is undertaking strategic steps …
Prestige Hospitality Ventures Ltd., a subsidiary of Prestige Estates Projects Ltd., has filed its draft red herring prospectus (DRHP) with the market regulator for a proposed initial public offering (IPO) of up to ₹2,700 crore. This Bengaluru-based company, known for its association with premium hospitality brands, aims to use the public issue to restructure its …
Arunaya Organics, a Gujarat-based company engaged in the production of dyes and dye intermediaries, has filed its red herring prospectus with the capital markets regulator on 22 April. The company is aiming to raise ₹33.99 crore through an Initial Public Offering (IPO) on the SME platform. Scheduled to open for subscription on 29 April …
