Clean Max Enviro Energy Solutions has raised Rs 921 crore from key investors ahead of its Rs 3,100-crore IPO, with global and domestic institutions including Temasek Holdings and SBI Life Insurance prominently featured in the anchor book.The company informed the stock exchanges that it has allotted 87,46,437 shares at Rs 1,053 per share to anchor […]
As the global economy grapples with geopolitical fragmentation, trade realignments and post-World War II order reform, India could emerge as a rare pillar of stability, said Neelkanth Mishra, Chief Economist, Axis Bank and Head of Global Research, Axis Capital.Speaking to ET Now on the sidelines of Mumbai Climate Week, Mishra said the world is undergoing […]
Fractal Analytics on Friday said it has raised Rs 1,249 crore from anchor investors ahead of its proposed initial public offering (IPO), after allotting 1,38,69,499 shares to 52 anchor investors at the top end of the price band of Rs 900 per share.The IPO opens for public subscription on Monday, February 9 and closes on […]
Fractal Analytics, one of India’s best-known artificial intelligence companies, has announced the dates for its initial public offering, paving the way for what is expected to be India’s first pure-play AI IPO. The public issue of Rs 2,834 crore will open for subscription on February 9 and close on February 11. The IPO includes a […]
EAAA India Alternatives, an arm of Edelweiss Financial Services, has filed preliminary papers with market regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO).The proposed issue will be entirely an offer-for-sale (OFS) by Edelweiss Group, according to the draft red herring prospectus (DRHP) filed on Monday. As a result, the company […]
Agriculture solutions company Advanta Enterprises Ltd on Monday filed preliminary papers with capital markets regulator Sebi to raise money through an initial public offering (IPO). As per the draft Red Herring Prospectus (DRHP), the proposed IPO will be entirely an Offer-for-Sale (OFS) of equity shares of Rs 3.61 crore, with no new issue component. The […]
High-speed trading platform Zepto has filed draft papers for its initial public offering (IPO) worth $1.3 billion (about Rs 11,682 crore) with market regulator Securities and Exchange Board of India (Sebi), experts said.ET reported on December 25 that the Aadit Palicha-led company is looking to raise around Rs 11,000 crore in fresh capital, with the […]
E-commerce enablement platform Shiprocket has filed its updated draft prospectus with capital markets regulator Sebi. The proposed IPO will have a size of up to Rs 2,342 crore and will include a fresh issue of shares worth up to Rs 1,100 crore along with an offer for sale of shares by existing shareholders for an […]
Eastman Auto and Power Ltd, an energy transition and energy electronics company, has filed confidential IPO papers with market regulator Sebi to raise funds, with people familiar with the matter estimating the size of the issue at Rs 1,800-2,000 crore.The proposed IPO will be a combination of a fresh issue and an offer for sale […]
Citius Transnet Investment Trust has filed preliminary papers with market regulator Sebi, seeking approval for an initial public offering (IPO) of Rs 1,340 crore.According to the draft documents, the proposed public offer comprises units aggregating Rs 1,340 crore and includes a strategic investor portion capped at 25 per cent of the total issue size. The […]