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 …
Active Infrastructures IPO has opened for subscription on March 21, 2025, and will close on March 25, 2025. The IPO follows a book-building process, aiming to raise ₹77.83 crore entirely through a fresh issue of shares. The price band for the offering is set between ₹178 and ₹181 per share. The allotment is expected to be …
Meesho, the homegrown e-commerce platform, is making headline in the Indian business ecosystem as it prepares to go public. The company is set to raise an estimated $1 billion through its initial public offering (IPO) later this year. As the IPO market heats up, Meesho IPO is expcted to be one of the most anticipated …
GNG Electronics Ltd, a Mumbai-based refurbishing company, has taken a significant step towards its public listing by filing preliminary papers with the Securities and Exchange Board of India (SEBI). The company plans to raise ₹450 crore through an initial public offering (IPO), which will include both a fresh issue and an offer-for-sale (OFS). IPO Details …
Grand Continent Hotels IPO is a fixed-price issue of ₹74.46 crore, comprising 62.6 lakh fresh shares at ₹107-₹113 each. The IPO saw a subscription of over 1.79 times on its final day. The Qualified Institutional Buyers (QIB) segment was subscribed 2.93 times, while the Non-Institutional Investors (NII) and Retail Individual Investors (RII) segments were subscribed 1.39 …
As per news reports, Meesho, the e-commerce company, has selected Morgan Stanley, Kotak Mahindra Capital, and Citi as advisors for its upcoming Initial Public Offering (IPO), which is expected to raise around $1 billion. Discussions are also underway to potentially include JP Morgan in the syndicate. Timeline and Filing The e-commerce company is expected to …
SSF Plastics India Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The company, a key player in the packaging industry, plans to raise capital through a fresh issue of equity shares and an offer for sale (OFS). Business Overview …
For the week starting March 24, 2025, the mainboard segment of the primary market will remain inactive as no new Initial Public Offerings (IPOs) will open for subscription. However, the SME segment will see the opening of 4 new public issues. Apart from these new issues, the Indian market will also witness the listing of …
