Online food delivery behemoth, Zomato closed its public issue and has received a strong response from investors, especially QIB and retail categories. Subsequently, this company is all set to finalise its IPO allotment status dates and more by this week. Investors can check Zomato IPO allotment status on Angel One’s website or BSE’s official website. …
Paytm is planning to expand the company’s employee stock ownership plan or ESOP. This news comes after the fintech firm sent a letter to its shareholders calling for an extraordinary general meeting on 2 September 2021. Here are the Details of this Plan by Paytm One97 Communications Ltd, Paytm’s parent company, has proposed to increase …
An Overview Zomato, a food-tech platform, has scheduled its initial public offering (IPO) for July 14-16, with a target valuation of Rs. 9,375 crores. It will be the first in a series of consumer internet companies and startups in India to raise public funds in the aftermath of the outbreak. What are the specifics of …
Archean Chemical Pvt. Ltd, a specialty marine chemical manufacturer sponsored by India Resurgence Fund, has filed its draft red herring prospectus for an initial public offering (IPO). According to the DRHP, the offering would consist of the primary issuance of Rs 2,000 crore worth of shares and an offer-for-sale of up to 19.07 million shares …
FedFina (Fedbank Financial Services Ltd.), a subsidiary of Federal bank, has filed the initial papers with market regulator Securities and Exchange Board of India to garner funds through an IPO (initial public offering). Keep reading to get the details! A Closer Look into FedFina’s Public Issue As per the company’s DRHP (Draft Red Herring Prospectus) …
If you are looking for a new IPO in November 2022, then look no further. Investors are often on the lookout for new upcoming IPOs to invest in but they lack a comprehensive list of IPOs for the investment window that they have set for themselves. It is good to start off with a list …
SEBI has put Gemini Edibles and Fats India’s proposed Rs. 2,500 crores IPO (initial public offering) in abeyance, according to an update on their website. The company filed DRHP (draft red herring prospectus) with the Securities and Exchange Board of India (SEBI) on 9 August 2021 to go public. However, as of 20 August 2021, …
An Overview – Zomato IPO Despite the fact that investors believe Zomato’s IPO is pricey, with a price range of Rs. 72 to Rs. 76, it has sparked a lot of interest in the market. This is the first time a food aggregator start-up is going public in India, and it is a company that …
Draft filing by food delivery chain Zomato ushers the new era for the Indian tech unicorns in the second largest internet market in the world. Zomato has lodged a draft red herring prospectus with SEBI to launch an IPO offering in the Indian market. Since the beginning of 2021, there were many speculations regarding India’s …
After so much hype about the upcoming offer, the online food delivery firm’s IPO will finally open on July 14, 2021. Earlier the IPO was scheduled for late FY22, but now it has been moved to July after analysing market interest. Zomato IPO was one of the most anticipated IPOs in the current FY. It …
