Page 31 - Latest Updates on IPO
Noida-based IKIO Lighting's IPO to kick off on June 6; check details here
The IPO consists of a fresh issue of equity shares worth up to Rs 350 crore and an offer-for-sale (OFS) of up to 90 lakh equity shares by promoters -- Hardeep Singh and Surmeet Kaur
 "Noida-based IKIO Lighting's IPO to kick off on June 6; check details here")
E-com firm Meesho hints at IPO in 2025; focus shifts to generating profits
In FY22, Meesho saw its revenues jump 4.5 times year-on-year to Rs 3,232 crore, while its losses rose even more steeply by 7.5 times to Rs 3,247 crore
 "E-com firm Meesho hints at IPO in 2025; focus shifts to generating profits")
Top headlines: Centre may delay ECGC IPO; G7 sets net zero target at 2050
Business Standard brings you top news at this hour
 "Top headlines: Centre may delay ECGC IPO; G7 sets net zero target at 2050")
Centre likely to push ECGC IPO to next year amid global uncertainties
The ongoing Russia-Ukraine war and tightening of monetary policy by important central banks internationally are expected to adversely impact the valuation of ECGC if the IPO is launched now
Sebi proposes to cut down IPO listing timeline to 3 days from 6 days
The Securities and Exchange Board of India (Sebi) has sought comments from the public till June 3 on the proposal
 "Sebi proposes to cut down IPO listing timeline to 3 days from 6 days")
Potential spin-off: Sony weighs finance arm IPO to fuel investment push
Its shares rose 6.4 per cent in Tokyo, their biggest jump in six months
Jupiter Life Line Hospitals files IPO papers with Sebi to raise Rs 615 cr
The hospital chain operates in Thane, Pune and Indore under the "Jupiter" brand with a total bed capacity of 1,194 as of December 2022
 "Jupiter Life Line Hospitals files IPO papers with Sebi to raise Rs 615 cr")
JSW Infrastructure files DRHP with Sebi, plans to raise Rs 2,800-cr via IPO
Firm plans to retire debt, fund port projects through the public offer's proceeds
 "JSW Infrastructure files DRHP with Sebi, plans to raise Rs 2,800-cr via IPO")
Nexus Select Trust REIT IPO subscribed 28% on first day of offer
The offer includes fresh issue of units worth up to Rs 1,400 crore and an Offer For Sale (OFS) of up to Rs 1,800 crore
Reformation's IPO Push Bets on Going Green in $200 Eucalyptus Pants
The company, started in 2009 as a vintage boutique in Los Angeles, doubled sales over the past four years, with revenue topping $300 million
 "Reformation's IPO Push Bets on Going Green in $200 Eucalyptus Pants")
Mankind Pharma Ltd surges 23% in Mumbai debut after a $529 mn IPO
Mankind's deal marks the return of mid-to-large-sized debuts in India
 "Mankind Pharma Ltd surges 23% in Mumbai debut after a $529 mn IPO")
Should you subscribe to Nexus Select REIT IPO? Here's what brokerages say
On Tuesday, shares of Nexus Select enjoyed a premium of Rs 5 in the grey market, which translated to a likely listing price of Rs 105 apiece on the upper price brand
 "Should you subscribe to Nexus Select REIT IPO? Here's what brokerages say")
TPG-backed RR Kabel files for IPO to raise up to $27.5 million
Indian wire and cable maker RR Kabel Ltd., backed by private equity firm TPG, filed for an initial public offering on Sunday, seeking to raise up to $27.53 million
Alibaba Group's global online commerce arm weighs US IPO, says report
The e-commerce giant is in the early stages of consideration and the IPO's size is yet to be determined, the report added
 "Alibaba Group's global online commerce arm weighs US IPO, says report")
OYO to double Char Dham Yatra hotels this year to meet increased demand
IPO-bound company says 40 new properties will spread key locations of pilgrimage
 "OYO to double Char Dham Yatra hotels this year to meet increased demand")
Brookfield, Tata Group in talks to invest in upcoming IPO of Nexus Malls
By M. Sriram and Rama Venkat
Blackstone backed Nexus Malls sets IPO price band at Rs 95-100 per unit
India's Nexus Malls, Blackstone Inc-backed mall real estate investment trust portfolio, has set price band for its 32 billion rupees initial public offering at 95 rupees to 100 rupees per unit
IPO-bound TVS SCS raises Rs 520 cr from Hero, Bajaj, SBI and others
Company has sought market regulator's approval to raise as much as Rs 750 cr
 "IPO-bound TVS SCS raises Rs 520 cr from Hero, Bajaj, SBI and others")
British Microchip giant Arm files for IPO in US to raise $10 billion
British microchip designing giant Arm has filed to sell its shares in the US, setting the stage for what could be the biggest stock market listing this year
 "British Microchip giant Arm files for IPO in US to raise $10 billion")
Nexus Select Trust's Rs 3,200 crore REIT IPO to hit capital market on May 9
Global investment firm Blackstone-sponsored Nexus Select Trust will hit the capital market on May 9 to raise up to Rs 3,200 crore through its retail REIT initial public offering (IPO)
