IPO Financial News

21.04 / 08:37

IPO Target Reuters security reports travelers International Ola Cabs IPO coming soon! Bhavish Aggarwal's company in talks with banks for initial public offering advisors: Report

Ola Cabs IPO: Ride-hailing aggregator Ola Cabs aims to secure $500 million through its initial public offering (IPO), targeting a valuation of approximately $5 billion, news agency Reuters reported on Friday. As stated by sources in the report, Ola plans to submit its IPO papers for approval to the Securities and Exchange Board of India (SEBI) within the next three months. SoftBank-backed Ola is presently in talks with investment banks including Goldman Sachs, Bank of America, Citi, Kotak, and Axis.

21.04 / 07:00

markets IPO Sustainability Research Experts Week Ahead: Q4 Results, Iran-Israel conflict, global cues among key market triggers this week

edged lower amid excessive volatility and lost over one and a half per cent, tracking feeble global cues. The tone was negative from the beginning, which further deteriorated with a decline in world indices however rebound on Friday trimmed some losses. Benchmark indices Nifty 50 and Sensex, settled at 22,147 and 73,088.33 levels respectively.

20.04 / 14:34

markets UPS IPO Target reports recommendations Nirmal Bang initiates coverage on 2 housing finance stocks with upside potential of up to 30%

housing finance companies, domestic brokerage firm Nirmal Bang has initiated coverage on Home First Finance Company (HFFC) and Aavas Financiers. HFFC gets a ‘buy’ recommendation with a target price of Rs 1,150 while Aavas has a ‘buy’ recommendation with a target price of Rs 1,775.

20.04 / 14:33

markets UPS IPO Manufacturing band recommendations IPO Calendar: JNK India, 3 other IPOs to keep primary market busy next week

IPO of JNK India, which opens for subscription on April 23. Apart from this, the SME segment will also see three public offers. Despite a slow start to the new financial year, analysts are exceedingly optimistic about the public issues scheduled for the remainder of the year.

20.04 / 06:37

markets UPS IPO security Sanathan Textiles files DRHP with SEBI to raise ₹800 crore via IPO; details here

₹800 crore through an initial public offering (IPO). The public issue is a combination of a fresh issue of equity shares aggregating up to ₹500 crore and an offer for sale (OFS) of up to ₹300 crore by promoters and promoter group entities, according to the draft red herring prospectus (DRHP). The company may consider a pre-IPO placement of equity shares aggregating up to ₹100 crore.

19.04 / 08:53

IPO Strategy Election wellness Trade show rights stake Government may sell 15% stake in Bharti Hexacom in multiple chunks

government is considering to sell the remaining 15% stake in multiple tranches, and the Telecom Consultants India Limited (TCIL) would share proceeds of Bharti Hexacom’s debut initial public offering (IPO) as a special dividend.

19.04 / 07:53

markets IPO FIVE Manufacturing Trade band Ramdevbaba Solvent IPO allotment to be out today; GMP, steps to check allotment status

Also Read: Vodafone Idea FPO day 2: GMP, subscription status to review. Should you subscribe to this ₹18,000 crore issue? Ramdevbaba Solvent IPO registrar is Bigshare Services Pvt Ltd.

19.04 / 04:09

markets UPS IPO Manufacturing Research reports Bajaj Auto share price falls 3% after Q4 results; Should you buy, sell or hold the stock?

₹8,753.20 apiece on the BSE. The two and three-wheeler manufacturer Bajaj Auto reported a net profit of ₹1,936 crore for Q4FY24, a growth of 35.1% from ₹1,433 crore in the ebay-ago quarter.

18.04 / 12:41

markets UPS IPO FIVE BLOCK show stage How India's stock show set the stage for a bulk deal bonanza

stock market took off, block and bulk deals shot up 55% to touch a record ₹5.25 trillion, data from Prime Database showed. Sectors that saw the biggest deals were financial services, consumer goods, telecom, aviation, pharmaceuticals, IT and power.

18.04 / 10:01

markets IPO Enterprise trends reports stake Tata Group in talks with Fabindia promoters for stake acquisition, says report

Fabindia for a potential stake acquisition or outright purchase of the ethnic apparel business, the Hindu BusinessLine reported citing sources. The ongoing talks suggest that the acquisition may value Fabindia at an amount lower than the $2.5 billion initially estimated during the clothing company's failed initial public offering (IPO), the report added. Should the deal materialize, it could mark a significant move within the sector, potentially becoming one of the largest transactions following Aditya Birla Fashion Retail's acquisition of a controlling interest in TCNS Clothing last year.

18.04 / 08:01

markets Citi IPO Platform reports Schools ESG consulting startup Uniqus raises $10 million in funding led by Nexus VP

Uniqus Consultech, a tech-enabled global platform that offers ESG and accounting & reporting consulting, raised $10 million in Series B funding led by Nexus Venture Partners, with participation from Sorin Investments. Within a year of launch, the firm has expanded to eight cities in the US, India, and the Middle East, with over 350 professionals led by 40 partners and directors.

17.04 / 10:23

UPS Citi IPO FIVE Aware security Vishal Mega Mart names five bankers for $750 million IPO

initial public offering (IPO) up to $750 million, three people aware of the development said. The company, which competes with Mukesh Ambani's Reliance Retail, Tata Group's Trent and grocery giant Avenue Supermarts, is expected to make its IPO filing by the end of the year, the people said on condition of anonymity. Vishal Mega Mart is owned by Switzerland’s Partners Group and India’s Kedaara Capital.

16.04 / 23:49

markets UPS IPO CEO security reports Morgan Stanley will be opportunistically hiring bankers as "pot pourri" of deals returns

Morgan Stanley's new CEO Ted Pick has a reputation for fragrant phrasing, and speaking today he used it to strong effect in the bank's investor call to accompany itsfirst quarter results.

16.04 / 13:53

markets UPS IPO Booking security band Heating equipment company JNK India announces IPO launch on April 22. Check details

JNK India announced that its IPO will open for public subscription on April 23 and close on April 25. The anchor investors' allocation will be done on April 22. The issue comprises fresh equity of up to Rs 300 crore and an offer for sale (OFS) of up to Rs 84.2 lakh worth of shares. Under the OFS, Goutam Rampelli, Dipak Kacharulal, JNK Heaters, Mascot Capital and Marketing, and Milind Doshi will offload shares.

16.04 / 11:43

markets IPO Digital Waters economy testing Schools Walmart-backed Ibotta looks to raise $551 million in upsized US IPO

Ibotta, the digital marketing company backed by Walmart, said on Tuesday it was looking to raise about $551 million in an upsized initial public offering in the United States. The company and some of its existing shareholders plan to sell a combined 6.56 million shares, nearly one million more than its previous offering after some selling investors decided to offer more stock.

16.04 / 09:15

markets UPS IPO Provident Target Profiles Private equity giant CVC chooses Amsterdam for €1.25bn IPO

The company said it believes the IPO will «provide an enduring long-term institutional structure to support the group's continued growth and evolution» and provide access to the public capital markets, increasing the firm's profile, and enable it to «invest in its people». The European private equity firm is targeting a minimum €1.25bn fundraise for the listing, after previously postponing its plans due to upheaval in the Middle East. RIT Capital Partners set for portfolio boost as two private holdings line up IPO and tender offer CVC has delayed its IPO twice in as many years due ...

16.04 / 07:27

markets UPS IPO Booking Manufacturing security JNK India IPO opens next week. Check issue size, key dates, other details to know

₹300 crore, and an offer-for-sale (OFS) of up to 8,421,052 equity shares of a face value of ₹2 each by the promoter selling shareholders, Goutam Rampelli (up to 1,122,807), JNK Global Co. Ltd (up to 2,432,749), Mascot Capital and Marketing Private Limited (up to 4,397,661), and individual selling shareholder Milind Joshi (up to 467,835).

16.04 / 07:27

markets IPO band reports Faalcon Concepts IPO price band fixed at ₹62 per share; SME IPO to open on April 19

₹12 crore from primary markets. Faalcon Concepts deals with the planning, design, fabrication, and installation of façade systems. The bidding for Faalcon Concepts IPO will open on April 19 and close on April 23.

16.04 / 04:55

IPO Manufacturing WhatsApp band conductor DCG Cables and Wires share price makes a weak debut, stock opens with 10% discount at ₹90 apiece on NSE SME

₹90, which is 10% lower than the issue price of ₹100. DCG Cables and Wires IPO opened for subscription on Monday, April 8, and closed on Wednesday, April 10.

16.04 / 04:55

markets UPS IPO WhatsApp band Teerth Gopicon share price makes a positive debut, stock opens with 12.6% premium at ₹125 apiece on NSE SME

₹125, which is 12.6% higher than the issue price of ₹111. Teerth Gopicon IPO opened for subscription on Monday, April 8, and closed on Wednesday, April 10.

15.04 / 15:41

markets COST UPS IPO Booking Landmark Ola makes its cheapest e-scooter cheaper to boost bookings ahead of IPO

NEW DELHI : In an aggressive move to boost market share and strengthen its financial footing ahead of its initial public offering (IPO), Ola Electric has substantially reduced the price of its new S1X scooter, powered by a 2kWh battery, which it had announced in February. The price cut of ₹10,000, a 12.5% reduction from the original ₹80,000, brings the ex-showroom cost down to ₹70,000.

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