After so much hype about the upcoming offer, the online food delivery firm’s IPO will finally open on July 14, 2021. Earlier the IPO was scheduled for late FY22, but now it has been moved to July after analysing market interest. Zomato IPO was one of the most anticipated IPOs in the current FY. It …
There are chances that the much-hyped LIC IPO may not be as colossal as was expected before. Earlier analysis pegged the issue size at Rs 8-10 crore, making it the largest IPO launched in the country, which might reduce to Rs 45,000-55,000 core depending on valuation. It is the third time that the market has …
An Overview – Zomato IPO Despite the fact that investors believe Zomato’s IPO is pricey, with a price range of Rs. 72 to Rs. 76, it has sparked a lot of interest in the market. This is the first time a food aggregator start-up is going public in India, and it is a company that …
After Zomato, one of the most highly anticipated IPOs of an Indian start-up is that of the fintech giant Paytm. However, in the run-up to the launch of the Paytm IPO, news of a bunch of its high profile executives quitting has raised concerns. Amit Nayyar, one of the presidents of Paytm, quit recently fanning …
Jana Small Finance Bank confirmed receiving SEBI’s approval to launch its latest initial public offering. The company’s DRHP shows that this IPO will comprise fresh issuance of equity shares worth Rs. 700 crores. The small finance bank had previously filed its draft papers with market regulator SEBI in April this year, approximately a week after …
Paytm has received the nod from shareholders to fundraise $268 million in a pre-initial public offering share sale. The said IPO is likely to be scheduled later this year. This pre-IPO fundraising round will be a part of the OCL’s primary fundraising. It will be carried out through the issue of shares. Moreover, this Monday, …
An Overview Zomato, a food-tech platform, has scheduled its initial public offering (IPO) for July 14-16, with a target valuation of Rs. 9,375 crores. It will be the first in a series of consumer internet companies and startups in India to raise public funds in the aftermath of the outbreak. What are the specifics of …
The much-anticipated Zomato IPO subscription, which is all set to open from July 14 to July 16, is creating a buzz and with good reason. The food delivery company’s IPO is sized at Rs 9375 crore and the company is valued in the Rs 60,000 crore or $8 billion range, with experts observing that the valuation …
With Indian Equity Benchmark Indices trading at historical high levels there has been a lot of traction visible in the primary market as well. It is natural that when the secondary markets are running full throttle, it gives impetus to the primary market also. As the equity benchmark indices hit the new all-time high levels …
Tatva Chintan Pharma IPO has been opened to investors for subscription on 16 July 2021. It received a strong response right off the bat, especially from the retail investors. The shares allotted for the retail section were subscribed within two hours of the first bidding day. As of 5 pm, this specialty chemical manufacturing company’s …
