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 …
With IPO fever still going strong in India 2021, CarTrade has received the green signal to float its initial public offering on 9 August 2021. The IPO will be open for subscription till 11 August 2021, with the company hoping to raise Rs. 2000 crores through it. CarTrade Tech Ltd. is an online portal through …
Market regulator SEBI said it wants to bring some changes in the IPO norms, especially in book building, fixed price, and some aspects of the price band. The Indian IPO market has emerged as a favourite for the companies to float their maiden equity offer to raise funds. IPOs like Zomato’s show the robustness of …
PolicyBazaar, India’s largest online insurance aggregator has filed its draft red herring prospectus (DRHP) with SEBI. It aims to raise Rs. 6,017.50 crores via an initial public offering. The IPO will consist of a fresh issue of Rs. 3,750 crore shares along with an offer for sale (OFS) of Rs. 2,267.50 crores by its current …
Ruchi Soya Industries, a subsidiary of Baba Ramdev-owned Patanjali, has filed preliminary papers with the Securities and Exchange Board of India for its follow-on public offer. Per the company’s DRHP, it will be aiming to raise a maximum of Rs. 4,300 cores. Patanjali has to let go 9% stake in Ruchi Soya via this FPO. …
Supriya Lifescience, a leading active pharmaceutical ingredients (APIs) manufacturer and supplier, filed DRHP with SEBI to fundraise Rs. 1,200 cores through IPO. The said initial public offer will comprise a new issue of shares worth Rs. 200 crores. It will also consist of an offer for sale (OFS) of a maximum of Rs. 1,000 crores. …
Exxaro Tiles Pvt. Ltd. IPO will hit D-street during the first week of August. It will be the first IPO from a ceramic tiles company in a decade. They have received the necessary SEBI approvals to float their offer through which they are trying to mobilize a fund of Rs 150-200 crores. Recently, IPOs have …
The IPO bell rings for Rolex Rings, an auto component manufacturer based in Rajkot, Gujarat. They are among the top five forging companies in the country and global manufacturer and supplier of hot rolled forged, machined bearing rings, and automotive components for various vehicles, including two-wheelers and four-wheelers. After the stellar debut from the tech …
A subsidiary of Glenmark Pharma, Glenmark Lifescience IPO, got fully subscribed within two hours of opening. The IPO received a strong response from all investors, especially the retail segment, who led the charge by oversubscribing on the first day. Glenmark Lifescience is the subsidiary of the listed Glenmark Pharmaceutical, manufacturers critical non-commoditized APIs for chronic …
The initial public offering of Glenmark Life Sciences opens today, 27 July 2021, with a price band of Rs. 695 – Rs. 720 each share. Glenmark IPO is set to close on Thursday, 29 July 2021. The company, a wholly-owned subsidiary of Glenmark Pharmaceuticals, is one of the major producers of Active Pharmaceutical Ingredients (APIs). Established …
