Latest Updates Around The World
The proposed offering will aim to raise 40 billion rupees ($440 million), including as much as 30 billion rupees in newly issued shares and a secondary sale of 10 billion rupees by Blackstone, according to the IPO prospectus filed in December.Discussions are still ongoing and details such as the size and timing of the stock […]
Clean Max Enviro Energy Solutions Ltd., a renewable energy company backed by Brookfield Corp., is preparing to launch its initial public offering in February with a smaller deal size, according to people familiar with the matter.The Mumbai-based company is now planning an initial public offering of about $350 million to $400 million, down from a […]
Mebigo Labs Pvt., operator of Indian audio platform Kuku FM, has hired banks for an initial public offering that could raise as much as $200 million, according to people familiar with the matter.The Mumbai-based company has Kotak Mahindra Capital Co., Axis Bank Ltd. and appointed Morgan Stanley’s India unit to manage the share sale, the […]
Horizon Industrial Parks Ltd. is preparing to file for an initial public offering in Mumbai that could raise up to $500 million, according to people familiar with the matter, in what could be one of India’s biggest logistics listings in recent years.The company owned by Blackstone Inc. works with JM Financial Ltd., Axis Bank Ltd. […]
Manipal Health Enterprises Pvt. plans to file for a $1 billion initial public offering in January, according to people familiar with the matter, paving the way for the largest stock market listing of a hospital operator in India.The company is targeting a valuation of as much as $13 billion, the people said, asking not to […]
E-commerce platform Meesho Ltd., which plans to launch its initial public offering in the first half of December, is targeting a valuation of about 530 billion rupees ($6 billion), according to people familiar with the matter.It was created by SoftBank Group Corp. backed company is in talks with SBI Funds Management Ltd. for a pre-IPO […]
Tenneco Clean Air India Ltd., a unit of the U.S.-based auto parts maker, is planning an initial public offering next month that could raise about 30 billion rupees ($342 million), according to people familiar with the matter. The supplier of emissions control systems to Indian automakers has started roadshows for investors, seeking a valuation of […]
