Latest Updates Around The World
Precision engineering company Aequs Limited on Tuesday raised Rs 414 crore from 33 anchor investors ahead of its initial public offering (IPO), which opens for bids on Wednesday, December 3. The company has allotted nearly 3.34 crore shares at the highest price band of Rs 124 per share to major investors including Blackrock and Mukul […]
Technology platform Meesho on Tuesday raised Rs 2,440 crore from 125 investors, ahead of its initial public offering (IPO) set to launch on Wednesday, December 3. The company has allotted 21.98 crore shares at the highest price band of Rs 111 each. Of the 21.98 crore shares, 9.37 crore shares, accounting for 42.63% of the […]
Securities and Exchange Board of India (Sebi) has given the go-ahead to ICICI Prudential Asset Management Company, Powerica, Annu Projects and Technocraft Ventures to launch their initial public offering (IPO).While ICICI Prudential AMC and Powerica received Sebi sightings on November 26 (Wednesday), Annu and Technocraft received them on November 17 and 25 respectively. In stock […]
SoftBank-backed e-commerce player Meesho is seeing strong demand ahead of its Rs 5,421 crore IPO, with gray market signals suggesting the stock could debut at a premium of around 30% to its issue price of Rs 111 per share.The offer consists of a fresh issue of shares worth up to Rs 4,250 crore along with […]
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 […]
India is expected to list its first real artificial intelligence company in the public market after Fractal Analytics received approval from capital markets regulator Sebi for its initial public offering. The company, which has spent 25 years building a global enterprise AI business from Mumbai and New York, is similar to Palantir, the US-listed analytics […]
Fractal Analytics, one of India’s most prominent artificial intelligence companies, has received approval from capital markets regulator Sebi for its proposed initial public offering, paving the way for what would become the country’s first listed AI-led company. The Sebi approval, published in the regulator’s latest processing update, brings the 25-year-old company closer to a public […]
Software-as-a-service (SaaS) company Amagi Media Labs has received approval from market regulator Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO), which will be a mix of a new issue and an offer for sale (OFS). The company plans to raise Rs 1,020 crore through issue of new shares, while […]
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 […]
India’s second largest IT services company, Infosys’ Rs 18,000 crore share buyback period opens on Thursday, November 20 and closes on Wednesday, November 26. The company received shareholder approval on November 6 for share buyback of up to ten crore fully paid-up shares.Infosys will buy the shares at a price of Rs 1,800 from the […]
