The initial public offering (IPO) of Blackstone-backed International Gemmological Institute (IGI) India Ltd. is set to launch on December 13, 2024, and will remain open for subscription until December 17, 2024. The IPO comprises a fresh issue of shares worth ₹1,475 crore and an offer for sale (OFS) worth ₹2,750 crore, making the total issue …
Travel Food Services Limited (TFS), a major name in the airport travel quick-service restaurant (Travel QSR) and lounge space, has taken its first step toward going public. The company has filed its Draft Red Herring Prospectus (DRHP) with SEBI, aiming to raise ₹2,000 crore through an initial public offering (IPO). What’s in the IPO? The …
The much-awaited IPO of Inventurus Knowledge Solutions Ltd will be open for subscription from December 12, 2024, to December 16, 2024, with shares set to list on December 19, 2024. The price band has been fixed between ₹1,265 and ₹1,329 per share, with a lot size of 11 shares, requiring a minimum investment of approximately …
After Hyundai’s IPO created a buzz, LG Electronics India, the country’s second-largest home appliances and consumer electronics major, has filed its DRHP with SEBI. This IPO aims to raise ₹15,000 crore by offloading a 15% stake, potentially ranking as India’s 5th largest IPO. The valuation is expected to position LG India at approximately $12.5 billion. …
Edelweiss Alternative Asset Advisors (EAAA), the Subsidiary of Edelweiss has filed the Draft Red Herring Prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India (SEBI) to float a ₹1,500 Cr IPO. Edelweiss Alternative Asset Advisors IPO is entirely an offer for sale (OFS). Edelweiss Securities and Investments Private Limited is the …
One MobiKwik Systems Limited IPO (MobiKwik IPO) will be open for subscription from December 11, 2024, to December 13, 2024. The IPO is a book-built issue valued at ₹572.00 crores, consisting entirely of a fresh issue of 2.05 crore shares. The price band for the MobiKwik IPO is set between ₹265 and ₹279 per share, with a …
Vishal Mega Mart, the hypermarket chain, is preparing to launch its IPO, which will be open for subscription from December 11 to December 13, 2024. The IPO price band has been set at ₹74 to ₹78 per share, with a minimum lot size of 190 shares. Retail investors will need to invest a minimum of …
Vishal Mega Mart, a leading player in India’s retail sector, is gearing up to launch its much-anticipated Initial Public Offering (IPO) worth ₹8,000 crore. This IPO is entirely an Offer for Sale (OFS) by the promoter and presents a significant opportunity for investors in the rapidly growing organised retail market. Let’s delve into the key …
The Indian subsidiary of South Korean giant LG Electronics has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). This move follows the landmark ₹27,870-crore IPO by Hyundai India two months ago, which marked the largest IPO in Indian history. LG …
The environmental technology company, SFC Environmental Technologies Limited has filed the draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to float an IPO comprising a fresh issue and an offer for sale. The company is seeking to raise ₹185 crore from the fresh issue, while the offer for sale …
