IPO

News and Trends

Rachit Prints Files DRHP for IPO with Focus on Fund Utilization for Growth

According to the DRHP, RPL plans to allocate INR 10.18 crore of the IPO proceeds to meet working capital requirements, including margin money. Additionally, INR 5.5 crore will be used for expansion through the purchase of plant and machinery, while INR 1.1 crore is earmarked for partial pre-payment of existing bank loans.

News and Trends

BlueStone Jewellery Files Draft Papers With SEBI, Eyes ₹ 3000 cr Listing

The listing will be with shares with a face value of INR 1 and will consist of a fresh issue of shares close to INR 1,000 crore and an offer for sale (OFS) component of up to 2,39,86,883 equity shares by selling shareholders.

Finance

EFG Hermes Completes Advisory on Talabat's USD$2 Billion IPO and LuLu Retail's USD$ 1.7 Billion IPO

The IPOs of Talabat and LuLu Retail bring EFG Hermes' total GCC IPO count to nine this year, including three IPOs on the Dubai Financial Market (DFM) and two on the Abu Dhabi Stock Exchange (ADX).

News and Trends

LG Electronics, Vishal Mega Mart, and MobiKwik, All Part of a Bustling Indian IPO Season

The public market is readying itself for another busy initial public offer (IPO) season, continuing the trend seen in 2024. Companies across varied fields have filed their papers and have been given the nod by the market regulator Securities and Exchange Board of India (SEBI).

News and Trends

Fintech Battle Heats Up as MobiKwik Prepares INR 572 Cr Public Offering

The INR 572-crore issue, which will close on December 13, has set a price band of INR 265-279 per share. The bidding for the anchor investor portion is slated for December 10.

News and Trends

LG India Launches Appliance Rental Business, Plans IPO Amid Strategic Expansions

To support growing demand, LG India is set to construct a third manufacturing facility in Andhra Pradesh, with an investment of INR 5,000 crore.

News and Trends

LG Electronics Files for IPO, Set to Become India's Fifth Largest Listing

South Korea-based consumer electronics giant LG Electronics India filed its draft papers with the market regulator Securities and Exchange Board of India (SEBI) on Friday for its initial public offer (IPO).

News and Trends

Sai Life Sciences Announces IPO: Bids Set to Open on December 11

Sai Life Sciences, a contract research, development, and manufacturing organization (CRDMO), announced on Friday its plans for the INR 3,043 crore initial public offering (IPO) which is set to open for subscription on December 11.

News and Trends

Ventive Hospitality Limited Receives SEBI Nod for INR 2,000 Cr IPO

The IPO is managed by a syndicate of top-tier book-running lead managers, including JM Financial, Axis Capital, HSBC Securities, ICICI Securities, IIFL Securities, Kotak Mahindra Capital, and SBI Capital Markets.

News and Trends

NTPC IPO Garners Bids Worth $1.8 billion: Set to be India's Third-Biggest Listing of the Year

The Government of Singapore, the New World Fund, the Abu Dhabi Investment Authority (ADIA), and other anchor investors purchased shares worth USD 469 million ahead of the listing.

News and Trends

CIEL HR Services Files for IPO with SEBI: Targets ₹335 crore via Fresh Issue

The proposed IPO will consist of a fresh issue and an offer for sale (OFS) component of 47.4 lakh shares by promoters and other shareholders selling shares, according to the draft red herring prospectus (DRHP) filed recently.

News and Trends

Niva Bupa Hits Bourses Today, Shares Drop 5.2% Post Listing

Niva Bupa Health Insurance Company's shares were listed at INR 78.14 per piece on the National Stock Exchange today at a premium of 5.59 per cent to the IPO price of INR 74 a piece.

News and Trends

Swiggy Maintains Investor Confidence as Shares List at 8% premium over IPO price

As of market close, Swiggy's share price stood at INR 464 on the NSE recording a high and low of INR 465.80 and INR 391, respectively.

News and Trends

Sagility India Shares Records 3.5% Premium on IPO

The shares were listed at INR 31.06, which is a premium of over 3.5 per cent over the issue price of INR 30, with a subscription of over 3 times.

News and Trends

Swiggy IPO Oversubscribed, Likely to Deliver in the Long Term

Swiggy launched its initial public offering (IPO) on November 6, 2024, with an opening price of INR 371-390 per share.