An Overview of the Company Supriya Lifescience, a Mumbai-based pharmaceutical company, has filed a draft red herring prospectus (DRHP) with capital markets regulator SEBI in order to launch an initial public offering (IPO). The firm intends to raise Rs. 1,200 crores from the primary sector. The IPO consists of a fresh issue of shares worth …
An Overview of the Company Krsnaa Diagnostics, a diagnostics firm based in Pune, has filed a draft red herring prospectus with market regulator SEBI in order to launch an initial primary offering (IPO). The company may use the primary market to raise up to Rs. 1,200 crores. Krsnaa Diagnostics’ IPO Details According to the DRHP, …
As India battles the second wave of Covid-19 infections, the stock market has largely stayed resilient. In the first fortnight of May alone, as many as ten companies have filed their prospectus with SEBI in a bid to raise a combined amount of Rs 20,000 crore. Nirma group cement firm Nuvoco Vistas Corporation Ltd, filed …
Overview of the company As bourses continue to operate at lifetime highs, companies are looking to tap into liquidity flushed markets and secure high valuations for their IPOs. A number of Quick Service Restaurant IPOs have been knocking at the market regulator SEBI’s door looking to raise easy money from the market. In December last …
Overview of the company: The company is a retail focused housing finance lender that zeroes in on customers from low and middle income brackets in rural and semi-urban areas. Aptus Value Housing Finance India limited, a Chennai-based company is looking to raise anywhere between Rs 2,600 crore to Rs 3,000 crore via its IPO. The …
GoAir Ready To Land at Dalal Street The travel industry has recently reached a snag as a result of the pandemic. Several firms have only recently bounced back and entered the stock market to list themselves publicly amidst the gradually normalising business activities. Several investors have shown interest in GoAir’s proposed initial public offering (IPO). …
The IPO season is in full swing and a new company is all set to list its shares on the bourses. Sona Comstar, an auto component manufacturer, has received approval from the market regulator SEBI to raise Rs 6,000 crore via an initial share sale. The IPO will see the company raising funds by fresh …
Introduction Medi Assist – a company known for the administrative health insurance facilities they provide has just submitted a draft red herring prospectus (or DRHP) with the Securities and Exchange Board of India. This decision to go public was governed by their desire to generate approximately INR 840 crore in the form of an initial …
Overview of IndiGo’s Strategy IndiGo, one of Asia’s largest budget airlines, plans to sell shares to raise 30 billion rupees ($409 million) as India’s pandemic outbreak worsens, putting any domestic or foreign air travel recovery on pause. IndiGo, which is owned by InterGlobe Aviation Ltd., has approved a plan to raise funds by selling shares …
Overview of Flipkart’s Proposal Flipkart, the Indian e-commerce behemoth, has gone public in a pre-IPO funding round to raise around $1 billion at a valuation of up to $30 billion. The IT-based startup, which let away most of the stakes to Walmart for $16 billion in 2018, began exploring funding options with a few shareholders …
