September to be busiest month for IPOs in last 14 years, says RBI report
Sep 21, 2024, at 05:00 am
Mumbai: September is on track to be the busiest month for initial public offerings (IPOs)—both mainboard and SME—in 14 years, with over 28 companies entering the market so far, Moneycontrl reported, citing the latest monthly bulletin from the Reserve Bank of India (RBI).
NTPC Green Energy submits draft papers for $1.2 billion IPO: Report
Sep 19, 2024, at 05:20 am
New Delhi: NTPC Green Energy, a subsidiary of state-owned power producer NTPC, filed draft papers on Wednesday for an initial public offering (IPO) worth Rs100 billion ($1.19 billion) as it seeks to capitalize on India's renewable energy expansion and a booming stock market, Reuters reported.
Bajaj Housing Finance shares make strong market debut, IPO listed with 114% premium at Rs 150
Sep 16, 2024, at 06:03 pm
Mumbai/IBNS: Bajaj Housing Finance shares made a strong stock market debut on Monday (Sept. 16), listing at Rs 150 per share on both the NSE and BSE.
SEBI mulls new regulations to curb risks amid surge in small IPOs
Sep 12, 2024, at 08:06 pm
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI), the regulatory body for securities and commodity market in the country, is contemplating stricter oversight for micro-cap firms going public, which includes enhanced monitoring of how their funds are used and tougher due diligence requirements for merchant bankers, the Economic Times reported, citing a source involved in the discussions who requested anonymity due to the confidential and sensitive nature of the information.
Sep 07, 2024, at 10:58 pm
Mumbai/IBNS: As many as 15 companies are slated to launch their Initial Public Offering (IPO) in September, which is the biggest IPO pipeline in the last 14 years, according to Zee Business.
Rekha Jhunjhunwala likely to make Rs 106 crore from Baazar Style Retail IPO
Aug 28, 2024, at 01:10 am
Kolkata: Rekha Jhunjhunwala, wife of late billionaire investor Rakesh Jhunjhunwala, is set to offload her stake in Baazar Style Retail Limited, which is scheduled to launch its Initial Public Offering (IPO) on Friday.
Swiggy to file draft papers for $1.3 billion IPO by first week of September: Report
Aug 21, 2024, at 09:26 pm
Bengaluru/IBNS: Bengaluru-based online food ordering-delivery and quick commerce platform Swiggy, one of India’s most-valued unicorns, will most likely file its draft red herring prospectus with the country’s markets regulator Securities and Exchange Board of India (SEBI) by as early as the first week of September, marking the second-largest Initial Public Offering (IPO) of a venture capital-backed company in India, reports YourStory.
Seven IPOs to hit the market amid robust activity in India's primary market
Aug 19, 2024, at 06:18 am
Mumbai: Despite mixed sentiments in the Indian secondary market, the primary market remains active. Seven companies are set to launch Initial Public Offerings (IPOs) this week, with two in the mainboard and five in the SME segment. Here’s a summary of the upcoming IPOs:
JSW Cement to raise Rs 4,000 cr via IPO; files documents with SEBI
Aug 17, 2024, at 05:47 am
Mumbai: Sajjan Jindal-promoted JSW Cement on Friday filed its offer documents with market regulator Securities and Exchange Board of India (Sebi), for a Rs 4000-crore initial public offering.
Ola Electric shares jump 20% on second day of trading amid strong demand
Aug 12, 2024, at 06:05 pm
Mumbai/IBNS: Shares of recently listed Ola Electric Mobility jumped 20 percent to hit an upper circuit of Rs 109.44 apiece on Monday (August 12), extending gains for a second consecutive session.
Amid global economic downturn, Indian IPO market booms
Aug 07, 2024, at 11:15 pm
Mumbai: India's dynamic initial public offering (IPO) market is forging ahead with larger debuts, seemingly unaffected by this week's global equity downturn.
Ola Electric IPO subscribed over 4 times on last day
Aug 07, 2024, at 04:37 am
Mumbai: Ola Electric Mobility's Initial Public Offering (IPO), valued at Rs 6,145.56 crore, was subscribed 4.26 times on its final day, falling short of market expectations, media reports said.
Ola Electric IPO: Bhavish Aggarwal-led company raises Rs 2,763 crore from QIPs
Aug 02, 2024, at 04:34 am
Mumbai: Ola Electric, India's largest electric two-wheeler manufacturer, allocated 364 million shares to anchor investors, raising Rs 2,763 crore, media reports said.
Ola Electric's IPO opens on August 2; price band announced: Check out details and insights
Jul 29, 2024, at 08:20 pm
Bengaluru: The initial public offering (IPO) of Ola Electric Mobility will open for subscription on August 2, with a price band set at Rs 72-76 per share. Investors are required to apply in lots of 195 equity shares or multiples thereof. The IPO, which will close on August 6, is expected to list the company's shares on both BSE and NSE on August 9. Here are the essential details:
Jul 15, 2024, at 11:05 pm
Sanstar Limited is one of the major manufacturers of plant-based speciality products and ingredient solutions in India for food, animal nutrition and other industrial applications, has fixed the price band of Rs. 90/- to Rs.95/- per Equity Share of face value Rs.2/- each for its maiden initial public offer.
Jul 08, 2024, at 07:17 am
New Delhi: Pursuing its commitment to achieve net zero emissions by 2070, India is gradually transitioning away from fossil fuels and embracing renewable energy sources.
Deepak Parekh-backed Nephro Care India Ltd to raise around Rs 40 cr through its IPO on NSE Emerge
Jun 22, 2024, at 02:40 am
Kolkata: Deepak Parekh-backed multi-speciality healthcare provider in East India, Nephro Care India Limited (NCIL) is likely to raise around Rs 40 crore through the initial public offering (IPO) to fund its expansion plans.
Fintech company Pine Labs consider $1 bn IPO in India: Report
Jun 22, 2024, at 02:01 am
Mumbai: Pine Labs Pvt, an Asian digital payments provider supported by Peak XV Partners and Mastercard Inc., is reportedly considering raising about $1 billion through an initial public offering (IPO) in India, media reported.
Hyundai to liquidate 17.5% stake in Hyundai Motor India to raise up to $3 billion via IPO
Jun 14, 2024, at 10:23 pm
Mumbai: South Korean automaker Hyundai plans to reduce its 17.5 percent stake in its Indian subsidiary, Hyundai Motor India, through an initial public offering (IPO) aimed at raising between $2.5 billion and $3 billion, media reports said.
Canara Bank to dilute 14.50% stake in Canara HSBC Life Insurance Company via IPO
Jun 01, 2024, at 05:28 am
Mumbai: Public sector lender Canara Bank has approved a proposal to dilute a 14.50 percent stake in its insurance subsidiary, Canara HSBC Life Insurance Company, via an initial public offering (IPO), the bank announced on the exchanges on May 31.
May 28, 2024, at 07:57 pm
Mumbai/IBNS: Hyundai Motor Co has also picked major investment banks Kotak Mahindra Capital and Morgan Stanley as its advisors for initial public offering (IPO) of its arm Hyundai Motor India Limited on the domestic bourses, reports said.
Rulka Electricals Limited IPO opens May 16; price band fixed at Rs 223-235
May 15, 2024, at 06:07 am
Mumbai: Integrated electrical services company Rulka Electricals Ltd will launch its initial public offering (IPO) will open on Thursday, May 16, 2024.
Market Update: IPO performance, economic trends, and global Insights
May 04, 2024, at 08:11 pm
Mumbai: In this week's market update, we delve into the latest developments in the primary market, the Indian market, and the global market landscape, analysing trends in auto sales, banking, and real estate, and providing insights into various sectors.
Blackstone Group backed Aadhar Housing Finance IPO to open on May 8
May 02, 2024, at 06:26 am
Mumbai: Aadhar Housing Finance, a subsidiary of the Blackstone Group, is set to debut on Dalal Street with its initial public offering (IPO) worth Rs 3,000 crore on May 8, media reports said.
Swiggy gets shareholders' nod for $ 1.2 billion IPO
Apr 25, 2024, at 10:42 pm
New Delhi: Bengaluru-based food tech company Swiggy has obtained approval from its shareholders for its upcoming $1.2-billion initial public offering (IPO).
Key catalysts behind Indian and global market trends: A week in retrospect
Apr 20, 2024, at 07:03 am
This week’s market update takes a deep dive into the dynamic landscape of both domestic and international markets, offering insights into the pulse of investor sentiment from April 13 to April 19, 2024.
Ola Cabs IPO likely on the cards to raise $500 million: Report
Apr 20, 2024, at 05:28 am
Mumbai: Indian ride-hailing company Ola Cabs is gearing up for an Initial Public Offering (IPO) to secure $500 million with a company valuation of approximately $5 billion, media reports said.
SEBI green lights Airtel subsidiary, Bharti Hexacom's IPO
Mar 20, 2024, at 06:18 am
Mumbai: Bharti Hexacom, a subsidiary of telecom giant Bharti Airtel, has been granted the green light by the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO) intentions, media reported.
Feb 20, 2024, at 12:14 am
Eastern India focused GPT Healthcare, which operates and manages mid-sized multispecialty hospitals under the ILS Hospitals brand, has fixed the price band of Rs.177- to Rs.186 per Equity Share of face value Rs.10 each for its maiden initial public offer.
Key drivers of Indian and global market performance: A week in review
Feb 10, 2024, at 07:06 pm
Mumbai: This week's market update delves into the latest developments at both domestic and international markets and trends from February 03, 2024, to February 09, 2024, which drove investor sentiment.