Latest Updates Around The World
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 […]
Meesho’s initial public offer (IPO) worth Rs 5,421 crore opened today to strong demand, with the retail portion fully subscribed within the first two hours of bidding. In total, the IPO received bids for 11.75 crore shares against 27.79 crore shares on offer, translating to a total subscription of 42%. The retail segment was oversubscribed […]
Home and furniture company Wakefit Innovations Ltd is gearing up to launch its initial public offering (IPO) on December 8 to raise around Rs 1,400 crore. The company’s maiden public offering is a combination of a fresh issue of shares aggregating Rs 377.1 crore and an offer for sale (OFS) of 4.67 crore shares by […]
Established in 2008, Luxury Time Limited is engaged in the distribution, marketing, retailing and after-sales service of Swiss luxury watches along with the distribution of watch service related tools and equipment in India. The company is an exclusive authorized distributor in India for luxury Swiss watch brands – TAG Heuer, Zenith, Bomberg and Exaequo and […]
Newly listed eyewear retailer Lenskart, in its first quarterly results as a listed company, reported a 21% year-on-year increase in operating revenues to ₹2,096 crore for July-September.The improvement in operational performance led to a 20% increase in net profit to ₹103 crore. The Gurgaon-based company reported earnings before interest, taxes, depreciation and amortization (Ebitda) at […]
Precision components manufacturer Aequs Limited, known for its vertically integrated businesses in the aerospace and consumer segments, has set the price range for its upcoming initial public offering (IPO) at Rs 118-124 per equity share.The issue consists of a sale of new shares and an offer for sale (OFS), taking the total estimated size of […]
Invicta Diagnostics, which runs PC Diagnostics, said on Thursday that its Rs 28.12 crore IPO will open for public subscription on December 1.The initial public offering (IPO) will close on December 3 and bids for anchor investors will open for a day on November 28, Mumbai-based Invicta Diagnostic said in a statement. The company has […]
Global investment firm Think Investments has invested a little over Rs 136 crore in Edtech Unicorn PhysicsWallah as part of a pre-IPO funding round. The new infusion comes as the company gears up for its upcoming initial public offering (IPO) next week. As part of the transaction, Think Investments bought 1.07 crore shares, amounting to […]
State Bank of India, the country’s largest lender, plans to sell a 6 per cent or Rs 3.20 crore stake in its subsidiary SBI Fund Management through an initial public offering (IPO). Amundi India Holding, the other promoter of SBIFML, will divest 3.70 percent or 1.88 crore shares. Both the promoters of SBIFML have jointly […]
Makers of photovoltaic solar panels and solar cells Emmvee Photovoltaic Power Ltd is gearing up to launch its initial public offering (IPO) on November 11, aiming to raise Rs 2,900 crore. The initial share sale will be completed on November 13. According to the red herring prospectus (RHP), the shares will be allocated to anchor […]
