Latest Updates Around The World
Clean Max Enviro Energy Solutions’ Rs 3,100-crore IPO has entered day 2 of bidding, with investor focus divided between steady institutional demand and muted signals from the gray market. The issuance is being closely monitored amid mixed subscription trends and cautious listing expectations.Clean Max Enviro Energy Solutions IPO GMP – Latest DetailsAs of February 24, […]
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 […]
Shadowfax Technologies’ initial public offering (IPO) worth Rs 1,907 crore reached its third and final day of bidding on Thursday. In the gray market, the premium (GMP) – an unofficial measure of pre-listing demand – has risen steadilyThe GMP has fallen to around 1%, down from 12% a few days ago. Based on this current […]
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 […]
Flipkart will more than double its money on its early bet in Shadowfax as the logistics company heads to the stock market next week. According to the offer document, Flipkart has a 14.8% stake in Shadowfax, which translates to around 7.49 crore shares. The e-commerce giant acquired these shares at an average price of around […]
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 […]
London-based Prudential Corporation Holdings is poised to raise a whopping Rs 10,603 crore in the IPO of India’s largest active asset manager, posting a mind-boggling 108,170% return on shares bought 20 years ago at just Rs 2 each. ICICI Prudential Asset Management Company’s mega offering, which opened for public subscription on Friday, has created a […]
ICICI Prudential AMC, India’s largest active fund manager, is coming to public markets with a Rs 10,602 crore IPO, opening for bids today and closing on December 16. The public offer has a price band of Rs 2,061 to Rs 2,165 per share. While retail investors can apply normally, ICICI Bank shareholders enjoy an added […]
