Latest Updates Around The World
The primary market will have a relatively quiet week in terms of new fundraising, with no public motherboard offerings opening up for subscription. However, investor activity will continue on the SME platforms, where five IPOs are planned next week, in addition to three listings in the mainboard and SME segments.While there are no major motherboard […]
ICICI Prudential AMC has raised Rs 3,022 crore from 148 investors across sovereign wealth funds, global asset managers, domestic insurers, pension funds, mutual funds and family offices ahead of its Rs 10,600-crore IPO.The participation pattern indicates broad institutional conviction ahead of the public issue, which runs from December 12 to 16 at a price range […]
Meesho’s upcoming IPO has revealed an interesting detail as the company plans to allocate Rs 480 crore from the offer proceeds solely to paying the salaries of its AI, machine learning and technology teams. The amount is notable not only for its size, but also because it represents one of the largest single allocations for […]
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 […]
Mumbai: National Securities Depository LTD made its market debut on £ 880 Wednesday, a premium of 10% for his IPO price. The share ended 17% higher than the issue price at £ 936. “The offer is in line with expectations, because there was a strong question during the IPO and many investors who have not […]
