IPOs galore! Over two dozen Initial Public Offerings (IPOs) are expected to hit the primary market in the coming two months. The companies could collectively end up raising over Rs 30,000 crore. The return of the Modi government for a third term has renewed investor confidence, signaling a period of stable governance and policies.According to…
(Representative Image) Spanish fashion retailer Tendam reported on Thursday a 10 per cent rise in core earnings for its 2023 financial year and forecast lower to steady first-quarter growth as the company mulls an initial public offering. The owner of the Women’s Secret, Cortefiel and Springfield chains is ready to launch an IPO on the…
Online fashion firm Shein is preparing to file a prospectus with Britain’s Financial Conduct Authority for approval ahead of a potential London float which could value it around 50 billion pounds ($63.70 billion), Sky News reported on Sunday. The confidential filing could take place as soon as the coming week, the report added, citing sources….
Go Digit Insurance IPO: The initial public offering (IPO) of Go Digit Insurance, supported by Virat Kohli, opens for subscription today and runs until May 17. The IPO includes a fresh equity issue of Rs 1,125 crore and an offer for sale (OFS) of up to 5.47 crore shares.As per an ET report, during the…
Aadhar Housing Finance IPO: Aadhar Housing Finance’s Initial Public Offering (IPO), valued at Rs 3,000 crore, opened for subscription on Wednesday, attracting investors to participate. Before the IPO opened, the company had already raised Rs 897 crore from major investors.According to ET, the IPO includes a mix of a fresh issue of shares valued at…
Paytm share price today: The market capitalisation of One 97 Communications, which is the parent company of the fintech platform Paytm, approached $2.5 billion on Tuesday as its shares kept declining.The stock of the Noida-headquartered company was trading 4.99% lower at Rs 334.15 on the Bombay Stock Exchange at the market close. The share price…
Ola Cabs is planning an initial public offering (IPO) to raise $500 million at a company valuation of about $5 billion, three sources with direct knowledge of the matter told Reuters on Friday.SoftBank-backed Ola is India’s answer to Uber and plans to file papers for approval with the country’s market regulator within three months, said…
MUMBAI: Shapoorji Pallonji Group‘s Afcons Infrastructure plans to launch an IPO aiming for a valuation of over Rs 19,000 crore, making it the country’s largest infra construction IPO in at least a decade. The company, which the construction-to real-estate group acquired from ICICI Bank in the early 2000s, hopes to raise Rs 7,000 crore from…
Fast-fashion company Shein is considering the possibility of switching its initial public offering to London from New York because of hurdles to the listing in the US, according to people with knowledge of the matter. Shein, which was founded in China but is now headquartered in Singapore, is in the early stages of exploring the…
Representative image New Delhi, Motisons Jewellers, a Jaipur-based retail jeweller company, has garnered Rs 33 crore in its pre-IPO (initial public offering) funding round. The company saw participation from individual and institutional investors, including Sunil Kothari & Sons, Manish Parakh, Isha Parakh, Manish Parakh HUF, Rajesh Kumar Kabra, and Jagdamba Coal House, Prabhudas Lilladhar Advisory…
