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 […]
Mumbai: The recent sell-off in information technology (IT) stocks has reduced their influence on moves in the benchmark Nifty, ceding more power to banks, whose stake in the key index has strengthened to new highs. The free float weight of IT stocks in the benchmark Nifty had fallen to 8.7% on February 16 from 9.94 […]
Elevate Campuses, an institutional platform for student housing and education infrastructure backed by Singapore-based Hillhouse Investments, has received approval from the Securities and Exchange Board of India (SEBI) to go ahead with its initial public offering (IPO) worth ₹2,550 crore, according to regulatory filings.The proposed public offering will consist entirely of a new issuance of […]
Alphabet-backed Aye Finance has raised Rs 454 crore from major investors ahead of its IPO, which opens for public subscription on February 9, lending strong institutional backing to the NBFC, focused on micro-SME lending.The company informed the stock exchanges that it had allotted shares to investors at Rs 129 per share, the top end of […]
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 […]
Software-as-a-service (SaaS) company Amagi Media Labs has set the price range for its initial public offering (IPO) at Rs 343-361 per share. The Rs 1,789 crore issue will open for public bidding on Tuesday, January 13 and close on Friday, January 16.The window for bids by anchor investors opens on Monday, January 12. About the […]
Horizon Industrial Parks, backed by global private equity firm Blackstone, on Monday filed preliminary papers with market regulator Sebi to raise Rs 2,600 crore through an initial public offering (IPO).The issue consists entirely of a new offering of shares, without part of an offer for sale (OFS). As per the draft Red Herring Prospectus (DRHP), […]
Gaja Alternative Asset Management Ltd, which operates under the brand Gaja Capital, has filed updated draft documents with market regulator Sebi to raise a little over Rs 656 crore through an initial public offering (IPO).This IPO would mark the first public listing of a standalone Indian-origin private equity firm that manages alternative assets. According to […]
Dialysis services company Nephrocare Health Services Ltd, known for its brand NephroPlus, on Thursday announced a price range of Rs 438-460 per share for its upcoming Initial Public Offer (IPO), valuing the company at over Rs 4,600 crore.The Hyderabad-based company’s IPO will open for public subscription on December 10 and close on December 12. According […]
Dialysis services company Nephrocare Health Services Ltd, known for its brand NephroPlus, will launch its initial public offering on December 10, comprising a fresh issue of shares worth a little over Rs 353 crore.According to the Red Herring Prospectus (RHP), the Hyderabad-based company’s initial public offering will be completed on December 12 and the anchor […]