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 […]
India’s record Rs 1.95 trillion float in 2025 delivered a $417 million windfall for investment banks as underwriting costs soared to a record high amid a surge in stock prices that boosted bankers’ pricing power after years of cutthroat competition, according to LSEG data cited by Bloomberg.The total fee pool rose alongside a steady increase […]
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 […]
Meesho’s Rs 5,421-crore IPO attracted heavy investor traffic on Thursday, with bids more than three times the shares offered on Day 2 and gray market premiums indicating a listing population of over 40%, paving the way for one of the most-watched debuts of the year as investors weighed rapid growth against sustained losses.As of 11.20 […]
Capillary Technologies India, a leading SaaS provider, entered the second day of its Rs 877 crore initial public offering on Monday. At the end of Day 1, the issue was 28% subscribed, with bids received for 23.68 lakh shares against the 83.83 lakh shares on offer.On the gray market, the IPO is trading at a […]