IPO Financial News

13.10 / 08:27

IPO economy innovations reports Indian patent office hiring 900 professionals: DPIIT secretary

«We are trying to strengthen the capacity of our IPO to process these proliferation of applications. We are going to add 900 new positions for which recruitment is already underway in our patent office,» Singh said at the national intellectual property conference.

13.10 / 04:45

COST IPO Booking Racing BofA kicks off $531m Cuscal IPO bookbuild

It’s off to the races for end-to-end payments outfit Cuscal.

12.10 / 19:23

IPO Lowe's show innovations 2020 reports Data recap: GDP forecast, Nobel prize, Cipla’s feud

₹1,200 per share and the family’s decision to exit the eight-decade-old business, Mint reported. Despite a substantial 18.68% promoter stake in Cipla, family patriarch Yusuf Hamied cannot unilaterally decide to divest control of Cipla due to a 2017 pact.

12.10 / 19:01

IPO ETF Platform Hennessy performer Birkenstock's stock loses footing in second day on Wall Street

(Reuters) — Shares of Birkenstock dropped 6% on Thursday, deepening losses after the German luxury sandal seller stumbled the day before in its Wall Street debut.

12.10 / 13:37

IPO WhatsApp Arvind and Company Shipping IPO: Check subscription status on day 1, GMP, review, other details

₹45. The face value of the equity shares is ₹10 each and the issue price is ₹45.

12.10 / 13:33

UPS IPO Birkenstock shares edge higher premarket after underwhelming debut

Investing.com -- Shares in Birkenstock (NYSE:BIRK) inched slightly higher in premarket U.S. trading on Thursday, pointing to a muted bounce back for the stock after it slumped in its Wall Street debut in the prior session.

12.10 / 11:23

UPS Citi IPO Metro UBS cover end Still no end to banking deals drought, says Barclays

Stagnant deal activity, easing volatility and peaking interest rates are set to compound pressure on bank earnings, according to Barclays Plc’s chief executive officer.

12.10 / 10:31

COST UPS IPO Browser pandemic show information Birkenstock IPO price range announced – what investors need to know

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12.10 / 08:35

IPO Platform PINK Hennessy show actress reports Birkenstock brothers, owner of German shoe brand, are worth $3.4 billion: Report

Bloomberg Billionaires Index on Wednesday showed that brothers Alex and Christian Birkenstock are now worth $3.4 billion. The German footwear brand's shares slumped around 12% in the worst opening for a New York listing of $1 billion or more in over two years, according to Bloomberg reports. Giving private equity firm L Catterton majority control of the storied shoemaker in 2021 is a significant reward for the German cobbler heirs' wager.

12.10 / 08:35

UPS Citi IPO Target show performer reports week Zomato up for third day, hits 52-week high as brokerages expect up to 47% upside

Zomato hit its 52-week high of ₹113.25 in intraday deals today (October 12, 2023) on the back of a positive growth outlook by two brokerage houses that see an upside of up to 47 percent. The stock has bounced back strongly in the current year after a weak show last year. The stock has jumped over 89 percent this year so far.

12.10 / 04:11

UPS IPO Compilation NIFTY show IPOs Top-performing fund turns to IPOs as India stocks turn pricey

Franklin Templeton India fund is turning to initial public offerings to help keep it in the top ranks of the nation’s mutual funds as rich valuations have made it hard to pick winners among small-cap stocks. The $1.2 billion Franklin India Smaller Companies Fund is up 34% this year, beating 98% of its peers. The fund’s IPO picks — Concord Biotech Ltd., TVS Supply Chain Solutions Ltd.

11.10 / 22:53

IPO film Initial public offering Birkenstock prices its initial public offering of stock valuing the sandal maker at $8.64 billion

Birkenstock has set a price for its initial public offering of stock that values the 249-year-old German maker of upmarket sandals at $8.64 billion

11.10 / 22:53

IPO Waves CEO 2020 Birkenstock stumbles on Wall Street as investors find sandal maker's shares too pricey

Birkenstock shares have tumbled in their debut on the New York Stock Exchange as Wall Street traded in its wingtips for sandals for a day

11.10 / 19:23

UPS IPO Birkenstock slips on stock market debut

Investing.com — Birkenstock fell on its stock market debut Wednesday as German sandal maker struggled to drum up demand in early trade.

11.10 / 18:45

IPO UBS performer beautiful information 2020 UBS back for a touch-up at Adore Beauty

It’s back to the future at Adore Beauty, which floated at $6.75 a share three years ago and sunk to just 82¢ as of Wednesday evening.

11.10 / 18:31

COST IPO BLOCK Progressive Aware WhatsApp Urban Co forays into consumer appliances

₹637 crore, while losses narrowed from ₹514 crore to ₹308 crore. Urban Company’s India business broke even in the first quarter of FY24, it said. “We made meaningful progress in improving profitability driven by operational leverage in fixed costs and driving efficiency across other costs," the company said in a post on its website in August.

11.10 / 18:01

IPO film 2020 Birkenstock is going public with U.S. stock market debut

Birkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.

11.10 / 15:25

UPS IPO ETF Platform Experts open Birkenstock shares indicated to open 4% above IPO price in US market debut

Birkenstock looked set for a tepid U.S. market debut on Wednesday as its shares were indicated to open 4% above their offer price, giving the German sandal maker a potential valuation of $9.74 billion. The company's stock was indicated to open between $46 to $48 on the New York Stock Exchange, compared with its initial public offering price of $46.

11.10 / 14:49

IPO Provident Strategy Experts track innovations reports ET Soonicorns Summit 2023: Here’s what you can expect at the Delhi-NCR edition on November 3

Register now for the ET Soonicorns Summit Here's a sneak peek into some of the key themes and tracks that you can expect at the ET Soonicorns Summit — scheduled to take place in Delhi NCR on November 3, 2023: Future Unicorns of Delhi-NCR Report Launch: The Delhi-NCR edition of the ET Soonicorns Summit is set to unveil the ‘Future Unicorns of Delhi -NCR’ report, providing a blueprint for the startups of tomorrow. It will also spotlight the potential unicorns in the startup ecosystem of the national capital region.

11.10 / 14:02

IPO Europe PwC US companies listings IPO activity shows potential for 'thawing' in 2023

The London Stock Exchange remained dominant on the European market throughout both 2023 and Q3

11.10 / 12:15

UPS IPO ETF Platform Hennessy actress Germany's Birkenstock set for US listing after $1.5 billion IPO

By Manya Saini and Niket Nishant

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