The retail housing finance company Aptus Value Housing Finance India Ltd. is all set to open its IPO on 10 August 2021. The offer for sale (OFS) will consist of a fresh issue of 6.4 crore equity shares amounting to around Rs. 500 crores by existing promoters and shareholders. Their draft red herring prospectus (DRHP) …
India’s leading multichannel auto platform provider, CarTrade, has fixed the price band of its public issue at Rs. 1585 – 1618 per share. The IPO of the company will open for subscription on 9 August. Individuals can apply for the initial share sale till 5 pm on 11 August, Wednesday. This upcoming IPO will comprise …
One of India’s largest edible oil producers and distributors, Adani Wilmar, is planning a Dalal Street entry with an IPO of Rs. 4500 crores. The company, a 50-50 partnership between Wilmar Group and Adani Enterprise, has filed DRHP with market regulator SEBI on 2 August 2021. Details of this DRHP are yet to be available. …
The National Stock Exchange has once again approached SEBI (Securities and Exchange Board of India), asking if it can file its red herring prospectus. NSE has been under constant pressure from its shareholders lately, who want the largest bourse of the country to go public. Many of these shareholders are looking to liquidate their holdings …
Droom, the popular online marketplace for automobiles, acquired $200 million in its first pre-initial public offer fundraising round. Resultantly, this company is valued at $1.2 billion, making it a new entrant at the unicorn club. Per the latest reports, Droom plans to go public in 2022. We can expect this company to get listed either …
After the turbulent fiscal of 2020-2021, businesses across India had suffered due to the Covid-19 pandemic. But, FY2022 brought new hopes. However, the second wave of this virus has ravaged the country and halted the progress of the Indian economy. Owing to this economic downturn, several companies had halted their plans to go public since …
Exxaro Tiles opens its initial public offering for investors tomorrow. The same will be open for public subscription until this Friday, i.e., 6 August 2021. The price band for this initial public offer will be Rs. 118 – Rs. 120 per share. Through this IPO, Exxaro Tiles plans to raise Rs. 161 crores from the …
A decade-old company with a clientele including Pfizer Ltd. and Sanofi India Ltd., Windlas Biotech is all set to launch its IPO on 4 August 2021. The IPO closes to the public on 6 August, Friday. Here’s a brief rundown on the 31st Initial Public Offering of 2021 in India from Windlas Biotech. The company has fixed …
The initial public offering of India’s largest diagnostics service provider, Krsnaa Diagnostics, will open for subscription on 4 August 2021, Wednesday. Individuals can subscribe to its initial offer till 6 August. Per preliminary papers filed with SEBI, the public issue will comprise a new issue of Rs. 400 crores and a secondary issue of 9,416,377 …
Tomorrow, 4 August 2021, will see yet another hospitality sector big-wig, Devyani International, going to Dalal Street to rope in some equity investment. Devyani International is Yum! Brands Inc.’s largest Indian franchise. KFC, Taco Bell, and Pizza Hut are among the most popular quick-service restaurants (QSR) it operates in India. Other brands owned by Devyani …
