IPO

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.

Starting a Business

He Had $75 When He Immigrated to the U.S. as a Refugee. Then He Started a Business — and Grew It to $1.2 Billion.

Payam Zamani, founder, chairman and CEO of private equity firm One Planet Group, faced numerous challenges as an immigrant entrepreneur, but none of them deterred him from his vision.

News and Trends

CFOs in High Demand Among Startups as IPO Wave Sweeps Across India

For startups eyeing an IPO, attracting top CFO talent requires a multi-pronged approach. The key is to start early, ideally 18-24 months before the intended IPO.

News and Trends

All Eyes on Swiggy IPO as it Sets to Open for Subscription on November 6

According to stock market observers, Swiggy on Monday, commanded a grey market premium of INR 22 per share, indicating that its shares are trading higher by INR 22 apiece at INR 412 per share, higher than the issue price of INR 390 per share.

News and Trends

Hero Motors Withdraws INR 900 Crore IPO Plans

Hero Motors intended to raise INR 500 crore through a fresh equity issuance, while the remaining INR 400 crore was planned to be raised via an offer for sale (OFS) by the company's promoters.

News and Trends

Hyundai Targets Multibillion Dollar Valuation: Set To Be the Biggest IPO in India

Hyundai's IPO specifics such as size, valuation, and other particulars are under discussion and are subject to change, with the listing expected to take place on October 22.

Business News

Adam Neumann Is Launching a New Coworking Service That Isn't WeWork: 'I Had Time to Reflect'

WeWork filed for bankruptcy in the U.S. and Canada in 2023.

News and Trends

Jaro Education Files DRHP for INR 570 Cr IPO

Prior to filing its DRHP, the e-learning platform might potentially think about a pre-IPO placement of up to INR 34 crore, which could result in a smaller fresh issue size and better capital structure.

News and Trends

SEBI Approves Hyundai, Swiggy, Vishal Mega Mart, Others to Hit Bourses

According to a recent update from the market regulator, Vishal Mega Mart, Swiggy, ACME Solar Holdings, Mamata Machinery, and Hyundai Motor India have all received the necessary approvals from SEBI to go public.

News and Trends

Swiggy Announces Plans for Landmark IPO with ₹10,000 Crore Issue

The fresh issue and the OFS component will bring the company's IPO to INR 10,414 crore.

News and Trends

Hyundai Motor India Receives SEBI Nod for $3 Billion IPO, Set to be India's Largest

Hyundai has maintained a consistent market share between 15 per cent and 17 per cent since 2008, reinforcing its position as the second-largest automaker in India.