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 […]
Oilfield services firm Shivganga Drillers has filed preliminary papers with the capital markets regulator to mobilize Rs 400 crore through its initial public offering (IPO). The company’s initial public offering is a brand new share issue without an offer for sale (OFS) component, under the draft red herring prospectus (DRHP). Shivganga Drillers proposes to use […]
Capital market regulator Sebi on Thursday canceled the registration of 68 investment advisers for failing to pay renewal fees.“…of the Intermediaries Regulations, 2008, hereby cancels the certificates of registration as investment advisers of Noticees No. 1 to 68,” Sebi’s Designated Authority Soma Majumder said in the order. The list of canceled entities includes Truenorth Labs […]