Latest Updates Around The World
Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition, Om Power Transmission and Duroflex have received approval from the Securities and Exchange Board of India (Sebi) to go ahead with their initial public offerings (IPOs). All five companies received Sebi’s observation during the week. In IPO parlance, Sebi’s ‘observation’ refers to the regulator’s formal comments or approval […]
Capital markets regulator Sebi has approved eight IPOs, unlocking a new pipeline of offerings in financial services, infrastructure, engineering, education and manufacturing as the primary market steadily faces regulatory challenges.Of the approvals, InCred Holdings stands out as the most prominent. InCred Holdings is the 100% holding company of InCred Financial Services, one of India’s fastest […]
Indian luxury fashion platform Pernia’s Pop-Up Shop is preparing for its stock market debut, with celebrity firepower firmly in the spotlight. Purple Style Labs, the parent company of Pernia’s Pop-Up Shop, has received approval from capital markets regulator Sebi to launch its initial public offering.The IPO will consist of a fresh issue of shares worth […]
Citius Transnet Investment Trust has filed preliminary papers with market regulator Sebi, seeking approval for an initial public offering (IPO) of Rs 1,340 crore.According to the draft documents, the proposed public offer comprises units aggregating Rs 1,340 crore and includes a strategic investor portion capped at 25 per cent of the total issue size. The […]
As many as five companies, including supply chain asset pooling firm LEAP India and Eldorado Agritech, have secured Sebi’s approval to raise money through initial public offerings (IPOs), an update from the regulator showed on Tuesday.Other companies that have received regulatory approval include Molbio Diagnostics, backed by Temasek and Motilal Oswal Private Equity; Foodlink F&B […]
ICICI Prudential Asset Management Company will launch its $1.2 billion initial public offering in the second week of December, two sources said on Thursday. This makes India’s second-largest asset manager the latest in a long list of companies to go public this year.The fund house, which had filed for an initial public offering in July, […]
ICICI Prudential Asset Management Company, India’s most profitable AMC and the largest by active assets under management (AUM), plans to launch its initial public offering worth Rs 10,700 crore next week, according to sources familiar with the matter.In the IPO, which is likely to value the fund house at Rs 107,000 crore, UK-based Prudential will […]
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 […]
The momentum in India’s primary market is likely to continue in the coming months, with Sebi solving a new set of public issues in sectors ranging from jewelery and chemicals to renewable energy and logistics. The approvals issued in recent weeks include seven companies: PNGS Reva Diamond Jewelery, Sudeep Pharma, Rayzon Solar, Shadowfax Technologies, Safex […]
Market regulator Securities and Exchange Board of India (Sebi) has given approval for the first public offers (IPOs) of Bharat Coking Coal Limited and AEQUS Limited. While Bharat Coking received observations on September 19, AEQUS received the approval of Sebi on September 18. Bharat Coking Coal IPO Coal India submitted the Red Herring Prospectus (DRHP) […]
