Hospitality chain Pride Hotels aims to launch an initial public offering (IPO) by March 2026 to fund renovations of existing properties and pay down debt, said chairman and managing director Sureshchand Premchand Jain.The Pune-based company, which filed its preliminary papers with market regulator Sebi in October, is awaiting regulatory approval to enable the IPO. The […]
The primary market of India is always swelling with four more companies that launch their first public offers (IPOs). The list contains Logistics Powerhouse CJ Logistics’ Indian Arm Darcl Logistics, Lalbaba Engineering, Pride Hotels and Jerai Fitness of Zuid -Korea who have submitted their Concept Red Herring Prospectus (DRHP) to Market Regulator Securities and Exchange). […]