Shares of Orient Technologies Ltd. made a remarkable debut on Dalal Street this Wednesday, listing at Rs 288 on the NSE, representing a premium of 39.81% over its issue price of ₹260 per share. The stock also opened at a premium of 40.7% at Rs 290 on the BSE, reflecting strong investor sentiment and aligning …
One of India’s leading automotive technology companies, Hero Motors Limited, has filed the draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO) to raise ₹900 crore from the public. Hero Motors’ IPO will consist of a fresh issue and an offer …
Premier Energies Limited’s initial public offering (IPO) was open for subscription from August 27, 2024, to August 29, 2024. Allotment for the IPO is expected to be finalised on August 30, 2024, with the stock to be listed on the BSE and NSE on September 3, 2024. The IPO, valued at ₹2,830.40 crore, includes a …
Swiggy, India’s leading food delivery company, has been eyeing to raise a minimum of $800 million from an IPO next year. Through Swiggy IPO, the company aims to expand its market share with such funds amidst neck-to-neck competition from Zomato in the food business. Keep scrolling to know more! What Is Swiggy’s Valuation? Since 2014, …
Saraswati Saree Depot Limited, a manufacturer and wholesale women’s apparel company, has opened its IPO to raise ~₹160 crore. Saraswati Saree Depot IPO is a book-built issue of ₹160.01 crores. The issue is a combination of a fresh issue of 0.65 crore shares aggregating to ₹104.00 crores and an offer for sale of 0.35 crore …
Zappfresh, a prominent meat delivery startup operating under DSM Fresh Foods Ltd., has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) as it gears up for its initial public offering (IPO). The company is set to list on the BSE SME platform Zappfresh Files for IPO: …
Swiggy’s Corporate Evolution The well-known food-tech giant Swiggy has recently made a big change by changing its Corporate Status by becoming a public one to a private one. The Brand also updated its corporate identity earlier in February when the business changed its name from Bundl Technology Pvt. Ltd to Swiggy Pvt. Ltd. This was …
IPO-bound company Swiggy, which delivers food and groceries in India, is set to release its IPO in a few weeks. Before that, they announced on Monday its fifth ESOP (Employee Stock Ownership Plan). Under this plan, various levels and functional employees have access to funds worth Rs. 540 crore. With this fifth liquidity event since …
The well-known food delivery platform, Swiggy is set to come up with its IPO with a size of $1.25 Billion after it got approval from its Shareholders, The Bangalore Company is going to raise to Rs.3750 crores via fresh issue and Rs.6,664 crores via Offer for Sale as reported. Current Shareholding Pattern Dutch-listed Prosus, which …
Resourceful Automobile made its much-anticipated debut on the stock market on Thursday, but it wasn’t just another SME IPO. With only eight employees and two Yamaha showrooms in New Delhi, the company caught the market’s attention with its surprisingly high subscription numbers. The stock, which saw bids worth nearly Rs 5,000 crore for an issue …
