Sebi has also issued the observation letter or approval to IPOs of four other companies, including Rekha Rakesh Jhunjhunwala-backed Baazar Style Retail
The electric two-wheeler maker has already allotted 364 million shares - worth Rs 2,763 crore - to anchor investors at Rs 76 apiece, the top end of the price band
With this, the IPO-bound company's fresh issue size has been reduced to Rs 148 crore, from Rs 185 crore earlier
The Securities and Exchange Board of India's proposed tightening of derivatives trading rules is expected to have a profound impact on stock exchanges
The Rs 1,252.66-crore initial share sale received bids for 1,35,07,627 shares against 2,23,13,663 shares on offer, as per the NSE data
The IPO comprises a fresh fund raise worth Rs 1,666 crore and a secondary share sale worth Rs 2,528 crore
Among the selling shareholders for Hero FinCorp are AHVF II Holdings (Apollo Management), Apis Growth, Link Investment Trust, and Otter
The three-day subscription window of the Ceigall India IPO opens today. Should You Subscribe to the public issue? Here's what brokerages recommend
It said it will use the proceeds from the offering to fund acquisitions, international expansion and set up new stores
The initial public offering (IPO), with a price band of Rs 380 to Rs 401 per share, will open for subscription on August 1 and conclude on August 5
Vishal Mega Mart, on July 12, took the confidential filing route to submit its draft papers with the markets regulator
Volume growth, vertical integration would be the main pillars for improving its margins, founder and CEO Bhavish Aggarwal told reporters on Monday
He believes this IPO is a key step in the company's long-term plan
The company said that volume growth was accompanied by an upward trend in gross merchandise value, which grew 19 per cent year-on-year in 2024, over 2023
According to Redseer, E2W penetration in India is expected to expand from approximately 5.4 per cent of domestic 2W registrations in FY24 to 41-56 per cent of domestic 2W sales volume by FY28
Ola Electric IPO price band to be announced on Monday
Due to ambiguity over the applicability of LTCG-which was reintroduced in 2018-several promoters and private equity (PE) firms have refrained from tax payments
The company will decide the offer price, floor price and cap price in consultation with BRLMs (Book Running Leader Managers), and on the basis of assessment of market demand for the equity shares
In line with its growth strategy, the Delhi-headquartered company has set its sights on an Initial Public Offering (IPO) to fund its expansion plans
The initial public offer of plant-based speciality products company Sanstar Ltd received 13.47 times subscription on the second day of share sale on Monday.