As per news reports, Tata Capital Ltd., the financial services arm of the Tata Group, has moved a step closer to entering the public markets. In a significant development, the company’s shareholders have approved its proposed Initial Public Offering (IPO) during an Extraordinary General Meeting (EGM) held recently. This approval marks a pivotal milestone in …
As per a news report, The long-awaited initial public offering (IPO) of the National Stock Exchange (NSE) appears to be facing a significant delay. According to a recent report, the Securities and Exchange Board of India (SEBI) has identified certain compliance-related concerns and has advised NSE to suspend its IPO plans. SEBI has reportedly recommended …
Studds Accessories, the well-known helmet manufacturer, has refiled its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking its second attempt to go public. The first filing was made in 2018, which received regulatory approval but was eventually withdrawn. Offer for Sale by Promoters The IPO will be an …
As per news reports, Fitness and wellness platform Cult.fit, backed by Zomato, has selected a group of investment banks to manage its upcoming Initial Public Offering (IPO), as per recent reports. The company is looking to raise up to ₹2,500 crore through the issue, which is expected to value it at nearly $2 billion. The …
Desco Infratech IPO opened for subscription on March 24, 2025, and it closed on March 26, 2025. This is a Book Built Issue, with the company aiming to raise approximately ₹30.75 crore. The offering comprises a fresh issue of ₹30.75 crore, each carrying a face value of ₹10. The IPO price band has been set between …
Rapid Fleet IPO is a book-built issue of ₹43.87 crore, comprising 22.85 lakh fresh shares at ₹183-₹192 each. The Rapid Fleet IPO allotment is set for finalisation on March 26, 2025, with a planned listing on the NSE SME platform on March 28, 2025. Retail investors must invest at least ₹1,15,200 for a lot of 600 …
Active Infrastructures IPO has opened for subscription on March 21, 2025, and will close on March 25, 2025. The IPO follows a book-building process, aiming to raise ₹77.83 crore entirely through a fresh issue of shares. The price band for the offering is set between ₹178 and ₹181 per share. The allotment is expected to be …
Meesho, the homegrown e-commerce platform, is making headline in the Indian business ecosystem as it prepares to go public. The company is set to raise an estimated $1 billion through its initial public offering (IPO) later this year. As the IPO market heats up, Meesho IPO is expcted to be one of the most anticipated …
GNG Electronics Ltd, a Mumbai-based refurbishing company, has taken a significant step towards its public listing by filing preliminary papers with the Securities and Exchange Board of India (SEBI). The company plans to raise ₹450 crore through an initial public offering (IPO), which will include both a fresh issue and an offer-for-sale (OFS). IPO Details …
Grand Continent Hotels IPO is a fixed-price issue of ₹74.46 crore, comprising 62.6 lakh fresh shares at ₹107-₹113 each. The IPO saw a subscription of over 1.79 times on its final day. The Qualified Institutional Buyers (QIB) segment was subscribed 2.93 times, while the Non-Institutional Investors (NII) and Retail Individual Investors (RII) segments were subscribed 1.39 …
