The Securities and Exchange Board of India (SEBI) has finally given its green light to the much-anticipated public offering (IPO) of National Securities Depository Limited (NSDL). This marks a significant milestone for the Indian capital market, as NSDL is a crucial player in the dematerialization and settlement of securities. The IPO, which will be an …
Garuda Construction and Engineering IPO has opened for bidding on October 8, 2024 and closes on October 10, 2024. Garuda Construction and Engineering IPO is a book-built issue of ₹264.10 crore. The issue is a combination of a fresh issue of 1.83 crore shares aggregating to ₹173.85 crores and an offer for sale of 0.95 …
Hero Motors, an auto components manufacturer led by Pankaj Munjal, has withdrawn its Draft Red Herring Prospectus (DRHP) submitted to the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) valued at ₹900 crore. The proposed IPO included a fresh issue of up to ₹500 crore, while ₹400 crore was intended …
All Time Plastics Limited has filed the draft red herring prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO). All Time Plastics IPO is a combination of the fresh issue and offer for sale (OFS), whereby, the company is seeking to raise ₹350 …
One of the leading concrete equipment manufacturers, Ajax Engineering Limited has submitted the draft red herring prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India to float an initial public offering (IPO). Ajax Engineering IPO is entirely an offer-for-sale (OFS) of 2,28,81,718 equity shares of face value of ₹1 each. Ajax …
The automotive components manufacturer Viney Corporation Limited has filed the draft red herring prospectus (DRHP) with the capital market regulatory, the Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO). Viney Corporation IPO is a combination of fresh issue and offer for sale, whereby, the company is seeking to raise …
Swiggy, the Indian food delivery company backed by SoftBank, has received approval from its shareholders to increase the size of its fresh issue in its upcoming IPO. The company can now raise up to ₹5,000 crore ($595 million), up from the previously planned ₹3,750 crore, according to sources. India’s IPO market is booming, with around …
Jaro Institute has a pan-India presence with over 22 offices-cum-learning centers in major cities for offline learning. Jaro Institute collaborates with 34 partner institutions, including IITs and IIMs, as well as prestigious international institutions like the Swiss School of Management, the Rotman School of Management (University of Toronto), and top corporations. There are no listed …
KRN Heat Exchanger’s Spectacular Stock Market Debut KRN Heat Exchanger and Refrigeration made an extraordinary debut on the stock exchanges on Thursday, October 3rd, surpassing all market expectations. The stock is listed at Rs 480 on the National Stock Exchange (NSE), soaring 118% above its IPO issue price of Rs 220. The company also marked …
The food delivery landscape in India has been an exciting battleground, with Swiggy and Zomato leading the charge. As Swiggy prepares for its highly anticipated IPO, the question on everyone’s mind is: can it topple Zomato’s dominance? The Bengaluru-based food delivery giant plans to raise ₹3,750 crore (approximately $448.56 million) through its IPO, which will …
