Cars24, the Gurugram-based online used-car platform has announced that they are laying the groundwork for an Initial Public Offering (IPO) as it looks to capitalize on India’s rapidly growing used-car market. Co-Founder Gajendra Jangid shared that while there’s no specific timeline set for the IPO, the company is making steady progress toward this huge milestone. …
Introduction: The IPO Filing Metalman Auto Ltd., a prominent player in the Indian automotive sector, has officially filed its preliminary papers with the Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). This strategic move marks a significant milestone for the company as it seeks to bolster its …
Inventurus Knowledge Solutions Ltd is a cutting-edge healthcare technology provider and care enablement platform that specializes in supporting physician enterprises currently in the countires US, Canada, and Australia, with a primary focus on the US market. Our innovative IKS Care Enablement Platform is designed to alleviate the administrative, clinical, and operational burdens that often hamper …
Saraswati Saree Depot Limited’s IPO closed on August 14, 2024, after a total subscription of 63.65x. The allotment for the Saraswati Saree Depot IPO is expected to be finalised on August 16, 2024. The IPO will be listed on BSE and NSE, with a tentative listing date fixed as of August 20, 2024. Saraswati Saree …
Ecom Express, a prominent player in the Indian logistics sector, has filed for an initial public offering (IPO) worth up to Rs 2,600 crore ($310 million). The move comes as the company seeks to capitalize on the vibrant IPO market in India, which has seen substantial activity in 2024. The filing, submitted on Thursday, outlines …
Smartworks Coworking Spaces, the largest managed campus operator in India, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO will consist of a fresh issuance of equity shares worth Rs.550 crore, alongside an offer-for-sale (OFS) of …
Kalpataru, a leading real estate developer in the Mumbai Metropolitan Region, has taken a significant step toward expanding its financial resources by filing a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company aims to raise Rs 1,590 crore through an initial public offering (IPO). This marks a …
Generic drugmaker Emcure Pharmaceuticals is gearing up for its Initial Public Offering (IPO), scheduled to launch on July 3, 2024. This move follows the approval from the Securities and Exchange Board of India (SEBI) on June 20, 2024. Preliminary Steps and SEBI Approval The preliminary filings by Emcure Pharmaceuticals were submitted to SEBI in December …
The subscription for the Saraswati Saree Depot IPO reached 11.80x on the second day of bidding. The IPO combines a fresh issue of 0.65 crore shares aggregating ₹104.00 crores with an offer for sale of 0.35 crore shares aggregating ₹56.02 crores. Saraswati Saree Depot IPO price band has been set at ₹152 to ₹160 per …
Interarch Building Products Limited, a leading provider of turnkey pre-engineered steel construction solutions in India, is set to launch its Initial Public Offering (IPO) with a book-built issue size of Rs.600.29 crores. This IPO is a significant milestone for the company as it aims to expand its operational capabilities and strengthen its market position. IPO …
