'No concrete plans': ONGC rules out public listing of green energy arm
Dec 16, 2024, at 12:04 pm
Mumbai: Oil and Natural Gas Corporation (ONGC) has issued a clarification addressing speculation about the potential public listing of its subsidiary, ONGC Green Limited (OGL).
LG Electronics files DRPH with SEBI; IPO size expected to be over RS 15,000 cr
Dec 07, 2024, at 01:14 am
Mumbai: South Korean electronics giant LG Electronics has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Friday for the proposed public listing of its Indian business, according to a notification on the Bombay Stock Exchange (BSE).
Zepto to raise $300 million from domestic investors investors
Nov 16, 2024, at 04:36 am
New Delhi: Quick commerce startup Zepto is set to raise $300 million from domestic investors, doubling its initial target, The Economic Times reported, citing sources.
Zinka Logistics sets IPO price range at Rs 259-273, aims to raise Rs 1,114 cr
Nov 09, 2024, at 05:40 am
Mumbai: Zinka Logistics Solutions Ltd has set a price range of Rs 259-273 per share for its initial public offering, opening for subscription on November 13.
Swiggy IPO Day 3: Online food delivery giant's Rs 11,300 crore issue gets fully subscribed
Nov 08, 2024, at 07:31 pm
Mumbai/IBNS: Swiggy's IPO was fully subscribed on its final bidding day, Friday (Nov. 8), following a lukewarm response during the first two days of its Rs 11,327.43 crore offering.
Sagility India IPO share allotment expected today
Nov 08, 2024, at 07:26 pm
Mumbai/IBNS: The share allotment for the Sagility India IPO is expected to be finalized later on Friday (Nov. 8).
Swiggy IPO subscribed 35% by day two; GMP signals modest listing gain
Nov 08, 2024, at 05:08 am
Mumbai: Swiggy’s IPO was 35 percent subscribed by the second day of its share sale on November 7.
Swiggy IPO hits market after raising Rs 5,085 crore from anchor investors
Nov 06, 2024, at 06:35 pm
Mumbai/IBNS: India's leading food ordering and delivery company Swiggy on Wednesday (Nov. 6) launched its Rs 11,327.43 crore initial public offering (IPO), after raising Rs 5,085.02 crore from anchor investors the day prior.
Swiggy IPO set to hit the Street on Nov 6: Key things to know before subscribing to the issue
Nov 04, 2024, at 08:51 pm
Mumbai/IBNS: Swiggy, the leading food and grocery delivery platform, is gearing up for its stock market debut with the launch of its Initial Public Offering (IPO) next week.
Afcons Infrastructure stock surges 8.9% after listing at discount on NSE
Nov 04, 2024, at 07:28 pm
Mumbai/IBNS: Afcons Infrastructure shares rose by 8.9 percent to Rs 463.9 on the NSE following a weak market debut earlier this week.
HDFC Bank's NBFC arm HDB Financial Services files papers for Rs 12,500 crore IPO
Oct 31, 2024, at 07:44 pm
Mumbai/IBNS: HDFC Bank announced on Thursday (Oct. 31) that its non-banking financial arm HDB Financial Services filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a potential IPO of up to Rs 12,500 crore (approximately $1.49 billion).
Swiggy IPO gets bids worth more than $15 billion from Norges, Fidelity, other big investors: Report
Oct 31, 2024, at 07:09 pm
Bengaluru/IBNS: Major investors, including Norway’s sovereign wealth fund Norges and Fidelity, have placed bids exceeding $15 billion for Swiggy’s IPO, which is set to be launched next week, Reuters reported, citing its sources on Thursday (Oct. 31).
Swiggy sets IPO price band between Rs 371 - Rs 390: Reports
Oct 29, 2024, at 06:53 pm
Mumbai/IBNS: Swiggy, the leading Indian food and grocery delivery company, is set to launch its initial public offering (IPO) to raise Rs 11,300 crore.
NTPC Green Energy gets SEBI nod for Rs 10,000 cr IPO
Oct 29, 2024, at 02:40 am
Mumbai: NTPC Green Energy Ltd, a subsidiary of NTPC Ltd, has received SEBI's final approval to raise Rs 10,000 crore through an initial public offering (IPO).
Hyundai Motor India shares list at 1.32% over IPO price at Rs 1,934 on NSE
Oct 22, 2024, at 07:40 pm
Mumbai/IBNS: Hyundai Motor India shares had a subdued debut on Tuesday (Oct. 22), listing at a 1.32 percent discount at Rs 1,934 on the NSE, compared to its IPO price of Rs 1,960.
Foreign institutional investors shift focus to IPOs, sell nearly $10 billion in secondary markets
Oct 21, 2024, at 07:30 pm
New Delhi/IBNS: Foreign institutional investors (FIIs) have offloaded nearly $10 billion worth of shares in the secondary markets in October, despite maintaining investment activity in the primary market amid a surge of IPOs.
Vishal Mega Mart files DRPH to raise Rs 8,000 cr via IPO
Oct 18, 2024, at 05:57 am
Mumbai: Gurugram-based Vishal Mega Mart has filed a draft red herring prospectus (DRHP) with SEBI to raise Rs 8,000 crore through an initial public offering (IPO), media reports said.
Hyundai Motor IPO subscribed 42% on day 2
Oct 17, 2024, at 03:22 am
Mumbai: Hyundai Motor India's initial public offering (IPO) was 42% subscribed on the second day of bidding, October 16.
Hyundai Motor India IPO opens: Issue subscribed 10% till noon on Day 1, retail portion booked 17%
Oct 15, 2024, at 08:30 pm
Mumbai/IBNS: Hyundai Motor India’s Rs 27,870-crore initial public offering (IPO) saw a modest response on its first day, with 10 percent of the total offer being subscribed within the first two hours.
Swiggy upsizes IPO to Rs 5,000 cr amid growing competition with Zomato: Report
Oct 04, 2024, at 05:39 am
Mumbai: Food tech giant Swiggy has received shareholder approval to increase the size of its primary issue for its upcoming IPO from Rs 3,750 crore to Rs 5,000 crore, media reports said.
Ajax Engineering files IPO papers with SEBI
Oct 03, 2024, at 06:44 am
Mumbai: Concrete equipment manufacturer Ajax Engineering, which offers services and solutions across the concrete application value chain, has filed the draft red herring prospectus with capital markets regulator SEBI to float an initial public offering.
India's booming IPO market: 47 companies raise over Rs 16,000 crore in September
Oct 02, 2024, at 08:12 pm
Mumbai/IBNS: While India's secondary market continues to soar, with benchmark indices hitting new highs daily, the primary markets are also experiencing a wave of activity.
Wave of IPOs to hit Dalal Street as 13 companies file draft papers with SEBI in a single day
Oct 02, 2024, at 08:06 pm
Mumbai/IBNS: A surge of initial public offerings (IPOs) is set to hit the Indian stock market, with more than a dozen companies, including Vikram Solar, Aditya Infotech, and Varindera Constructions, submitting preliminary filings to market regulator SEBI in a single day.
Shapoorji Pallonji Group likely to upsize Afcons Infrastructure IPO plan to Rs 8,500 crore: Report
Oct 01, 2024, at 07:50 pm
Mumbai/IBNS: The Shapoorji Pallonji (SP) Group is considering increasing the size of the initial public offering (IPO) for Afcons Infrastructure Ltd, with the aim of raising between Rs 8,000 and Rs 8,500 crore due to strong interest from institutional investors, Moneycontrol reported, citing people familiar with the matter.
SEBI objects to use of IPO proceeds for repaying promoter loans: Report
Sep 30, 2024, at 09:52 pm
Mumbai/IBNS: The Securities and Exchange Board of India (SEBI), the regulatory body for securities and commodity market in the country, has raised objections to companies using proceeds from share sales to repay loans taken from promoters or promoter entities, Moneycontrol reported, citing sources familiar with the matter.
Sep 28, 2024, at 12:11 am
India topped the global IPO market, with 227 transactions totaling $12.2 billion in the first eight months of 2024, as per data shared by Global Data.
NSE valuation doubles to $36 billion amid IPO speculation: Report
Sep 26, 2024, at 05:36 pm
Mumbai: The National Stock Exchange of India (NSE) has seen its valuation in the private markets double to $36 billion in just four months, driven by investor optimism about a potential initial public offering (IPO) as early as the first quarter of next year, Bloomberg reported.
Hyundai Motor India IPO gets SEBI approval, share sale likely in October: Report
Sep 25, 2024, at 07:49 pm
Mumbai/IBNS: Hyundai Motor India, a wholly-owned subsidiary of the South Korean-headquartered Hyundai Motor Company, has reportedly received approval from the Indian regulatory body for securities and commodity market, the Securities and Exchange Board of India (SEBI), to proceed with its initial public offering (IPO), reports said.
Swiggy gets SEBI nod for IPO launch
Sep 25, 2024, at 02:21 am
Mumbai: The Securities and Exchange Board of India (SEBI) has approved food delivery giant Swiggy's plan to launch an initial public offering (IPO), media reports said.
SEBI investigations reveal six investment banks charged SMEs fees equal to 15% of IPO size: Report
Sep 24, 2024, at 08:52 pm
Mumbai/IBNS: India’s securities regulator, the Securities and Exchange Board of India (SEBI), is investigating six domestic investment banks over concerns about malpractice in the country’s booming IPO market for small businesses, Reuters reported, citing two sources familiar with the matter.