The National Stock Exchange will introduce 10 gram gold futures in its commodity derivatives segment from March 16, following approval from regulator Sebi. The exchange said the new contract will be available for trading in monthly series.Risk management, clearing and settlement standards will be communicated separately by NSE Clearing. The Gold 10 gram futures contract […]
Capital market regulator Sebi has granted approval to four companies to launch their IPOs, paving the way for new activity in the primary market pipeline. The approved proposals include offers from Integris Medtech, Alpine Texworld, Anjali Labtech and Appl Containers.Of the four, Integris Medtech will launch one of the bigger issues. The company, described as […]
Elevate Campuses, an institutional platform for student housing and education infrastructure backed by Singapore-based Hillhouse Investments, has received approval from the Securities and Exchange Board of India (SEBI) to go ahead with its initial public offering (IPO) worth ₹2,550 crore, according to regulatory filings.The proposed public offering will consist entirely of a new issuance of […]
The National Stock Exchange (NSE) board will meet on February 6 to formally initiate the process of the much-awaited initial public offering (IPO), following approval by market watchdog Sebi. At the meeting, the board is expected to form a specialized IPO committee that will serve as the central authority for the listing, market sources said […]
The National Stock Exchange’s (NSE) initial public offering (IPO) is likely to hit domestic primary markets in the next seven to eight months, with India’s largest stock exchange expected to transfer 4 to 4.5% of its equity through existing shareholders, ET Now reported, quoting Managing Director and CEO Ashish Kumar Chauhan. He clarified that NSE […]
Markets regulator Sebi has given in-principle approval to the registration of ‘Raajmarg Infra Investment Trust’ (RIIT) as an Infrastructure Investment Trust (InvIT) and will get the final nod after it meets specific requirements in the next six months, an official statement said on Friday.As part of the process to secure final registration, RIIT will have […]
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 […]
Clean Max Enviro Energy Solutions, one of India’s largest commercial and industrial (C&I) renewable energy suppliers, has received Sebi’s approval to launch its IPO worth Rs 5,200 crore. Better known as CleanMax, the company provides sustainable energy and low-carbon solutions to major corporate and industrial customers across India and select overseas markets.The IPO includes a […]
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 […]