IPO - Angel One - Page 262

DCX Systems IPO News DCX Systems has submitted preliminary paperwork to the SEBI in order to raise Rs 600 crore via an initial public offering (IPO). A fresh issue of Rs 500 crore and an offer for sale (OFS) of up to Rs 100 crore from existing shareholders and promoters will be included in the …

Veranda Learning, an education technology company, had an unexpected debut on the stock exchanges on Monday. On the BSE, the stock started at a premium of nearly 15% above its IPO price of 137 per share, while on the NSE, it opened at an 8.7% discount. The Veranda Learning stock listed price discrepancy persisted throughout …

On 25 January 2022, HR-tech startup Darwinbox reported raising around $72 million through a funding round led by TCV. This put forth a valuation of more than $1 billion, providing it with the unicorn tag as top technology stocks plummeted over the previous few days. Do you want to know more about this company and …

Imagine Marketing, boAt brand’s parent company has filed its DRHP (draft red herrings prospectus) papers on Thursday 27 January 2022. The IPO or initial public offering is for Rs. 2,000 crores. To know more details of the earphone and smartwatches brand along with the IPO, find details here. Read on! Key Details of Imagine Marketing’s …

Pune-based facility management firm and healthcare provider BVG India is gearing up to foray into new business segments. It is looking to tap into the vast potential of India’s facility management segment. The company also filed its DRHP with market regulator SEBI in September 2021. BVG India aims to float its initial public offering as …

India saw a record number of businesses taking the IPO route to debut on the public market in 2021. As many as 63 companies went public last year, raising a record Rs. 1.18 lakh crores. Experts are suggesting that this year won’t be any different from 2021 in terms of public offerings. Several businesses that …

To kickstart another year replete with IPOs, SEBI (Securities and Exchange Board of India) has given Delhivery the green light to float their IPO. Doing this has made this Gurugram-based logistics firm the first unicorn this year to receive the stock market regulator’s approval to list on domestic bourses. On that note, let’s look at …

For almost two years, India has been preparing for the country’s biggest-ever stock listing. The country’s largest insurer, Life Insurance Corporation of India (LIC), has assets of more than $500 billion. The main element causing a delay in the LIC IPO is a complication in the valuation. LIC, which has over two thousand branches and …

Sresta Natural Bioproducts, an organic food products business backed by VenturEast and Peepul Capital, has filed draft documents with the capital markets regulator SEBI to acquire money via a public offering. The first public offering would include a new issuance of Rs 50 crore in shares as well as an offer-for-sale of 70.3 lakh equity …

About Five Star Business Finance IPO Five Star Business Finance filed the draft papers with market regulator SEBI in November 2021. Reportedly, the company is seeking a valuation of around $3 billion post IPO launch. According to its DRHP, Five Star Business Finance is looking to mop up as much as Rs. 2,751.95 crores via …