Latest Updates Around The World
Gurugram-based Shiprocket, which offers shipping and supply chain services to direct-to-consumer (D2C) brands selling online, has filed an updated draft red herring prospectus (UDRHP) for an initial public offering (IPO) of Rs 2,342 crore.Shiprocket is looking to raise Rs 1,100 crore in fresh capital as investors including Tribe Capital, Arvind Ltd, March Capital and Bertelsmann […]
SoftBank-backed digital trading ecosystem AceVector Ltd has filed an updated draft red herring prospectus (UDRHP) with market regulator Sebi for the proposed initial public offering, which includes a fresh issue of shares worth Rs 300 crore, according to PTI.The IPO will also include an offer for sale (OFS) of 6.38 crore equity shares by existing […]
Pharmaceutical company Corona Remedies, which is backed by private equity firm ChrysCapital, on Wednesday set a price range of Rs 1,008-1,062 per share for its upcoming initial public offering (IPO), valuing the company at nearly Rs 6,500 crore. The initial public offer of Rs 655.37 crore, which is entirely an Offer For Sale (OFS) by […]
The government has decided to divest a stake of up to 6 percent in state-owned Bank of Maharashtra through a sale offer effective Tuesday. At the current market price, the government could raise about Rs 2,600 crore by divesting up to 6 percent stake in the bank. “The Bank of Maharashtra (BOM) offer for sale […]
Dialysis services provider Nephrocare Health Services has received a nod from capital markets regulator Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO), which will be a mix of an offer for sale (OFS) and issue of new shares.The proposed public issue of the Hyderabad-based company includes an OFS of […]
Ahmedabad head office Knack packaging has submitted its Concept Red Herring Prospectus (DRHP) to Market Regulator Securities and Exchange Board of India (Sebi). The company wants to increase RS 475 Crore via a Fresh Equity share problem, in addition to an offer (OFS) in which promoters and existing shareholders will discharge 70 Lakh shares. About […]
Bluestone Jewelery and Lifestyle, which offers contemporary jewelry under the flagship brand ‘Bluestone’, is on Friday more than RS 693 Crore from Anchor Investors Days for the first public offer (IPO) opening for subscription. Institutional Investors That Participated In The Anchor Book Included Amansa Holdings Sbi Life Insurance Company, Nippon India Mutual Fund (MF), Goldman […]
JSW Cement, part of Sajjan Jindal-promoted diversified JSW group, will launch his 3,600-crore initial public offer (IPO) on 7 August. However, the total size of the problem is lower than the previously proposed problem of a maximum of RS 4,000 crore, according to the latest RHP. The IPO will be opened for a public subscription […]
Offer for sale to consist of a maximum of 105,463,892 shares of the nominal value of £ 10 each. Asset Reconstruction Company (India) LTD is planning an initial public offer (IPO) consisting of an offer for sale (OFS) of a maximum of 105,463,892 shares of the nominal value of £ 10 each. This will be […]
