SoftBank-backed Oyo Hotels and Rooms has selected 3 investment banks Kotak Mahindra Capital, JP Morgan, and Citi, to lead its initial public offering. Per reports, Oyo is heading for a massive IPO of over $1.2 billion and is likely to file DRHP this September. This major move from Oyo comes in the backdrop of a …
Keventer Agro Ltd has filed its DRHP with the Securities Exchange Board of India (SEBI). This move will allow the company to raise funds by way of an initial public offering. Let’s Take a Closer Look at the Keventer Agro IPO This initial public offering consists of a fresh issuance of shares worth Rs. 350 …
Sudden lawsuits and surprising complaints have hit various top Indian firms planning for their IPO. Previous vendors and insiders of companies have filed these lawsuits. They have alleged the IPO-bound firms of non-payment of dues and breach of contract. Such surprise allegations have, consequently, brought much confusion and uncertainties around their IPO timeline and prospects. …
Travel and hospitality player RateGain Travel Technologies Ltd. is the latest addition to the list of Indian companies joining India’s IPO frenzy. The company filed papers for its initial public offering with SEBI on 17 August 2021. RateGain’s proposed IPO will comprise fresh equity shares worth Rs. 400 crores and an offer for sale. A …
On 19 August 2021, Emcure Pharmaceuticals filed its DRHP with the market regulator, SEBI, to launch its initial public offer. As per the DRHP filed, the issue size of this proposed IPO will be between Rs. 4500 and Rs. 5000 crores. Here’s more on this topic. Crucial Details about Emcure Pharmaceuticals IPO As per the …
The IPO market of India is in a feeding frenzy, as a series of companies are lining up with their public offer in the coming months. Till date, this valuation has reached $8.8 billion, surpassing the total amount raised in the previous three years. Since it is just August, at this pace, this valuation will …
Metro Brands Ltd, one of the noted footwear retailers in the country, has filed DRHP with the market regulator to raise funds through an Initial Public Offering. According to the DRHP filed, the company plans to raise Rs. 250 crores through fresh equity share issuance. Know all about Metro Brands IPO here! A Closer Look …
On Saturday, 21 August 2021, the Treasury Deputy Secretary within the Finance Ministry, Amit Agarwal, said that 60% of the insurance businesses would be held with listed companies after the LIC IPO. Previously, in July, the Cabinet Committee on Economic Affairs had provided its in-principle approval for listing LIC on the stock exchanges. What’s more? …
Renowned payment solutions provider AGS Transact Tech is planning an IPO of nearly Rs. 800 crores through an offer for sale by the selling shareholders. The company has already filed its DRHP with the market regulator SEBI on 20th August 2021. Want to know more about this upcoming IPO? Keep reading! A Closer Look at …
DIPAM (Department of Investment and Public Asset Management) is set to finalise the lead managers for LIC IPO. Touted to be one of the largest public offerings to date, 16 lead managers are poised to make a presentation in front of a Government-appointed committee on the 24 and 25 August 2021. On Tuesday, i.e. 24 …
