Page 13 - Initial Public Offering (ipo)

Ola Electric's China import costs surge 37% in FY24 amid rising expenses

IPO-bound Ola Electric's overall material costs in FY24 reached around Rs 4,390 crore, marking a 75% increase from FY23

Ola Electric's China import costs surge 37% in FY24 amid rising expenses

IPO-bound Ola Electric's overall material costs in FY24 reached around Rs 4,390 crore, marking a 75% increase from FY23

Unicommerce records 16% growth in order volume during mid-year online sales

IPO-bound SaaS platform Unicommerce has recorded a 16 per cent jump in order volumes during mid-year online sales on a year-on-year basis, the company said on Monday. 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. "Analysis of orders processed through the Unicommerce platform shows that customers cashed in on the mid-year sales offers extended by multiple marketplaces with 16 per cent order volume growth during the week-long sale period between 19th - 25th of July 2024. "This volume growth is in comparison to the 2023 mid-year sales that took place between July 14- 20 last year," Unicommerce said. Unicommerce provides software-as-a-service (SaaS) platform for end-to-end management of e-commerce operations for direct-to-consumer (D2C) brands, brand aggregators, traditionally offline brands, marketplaces, logistics players, and small and medium-sized businesses (SMBs) through a

Ceigall India to open Rs 1,253-crore IPO at Rs 380-401 per share price band

Ceigall India IPO details: Ceigall India's grey market premium (GMP) in the unlisted shares' market is Rs 140 as of July 29, 2024

India's biggest 2024 IPOs as stock markets boom: All you need to know

More than 150 companies have raised nearly $5 billion through IPOs between January and July

Senores Pharma files IPO with Sebi, aims to raise Rs 500 cr via fresh issue

Senores Pharmaceuticals Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The Ahmedabad-based company's IPO is a combination of fresh issuance of shares worth Rs 500 crore and an offer for sale (OFS) of up to 27 lakh equity shares by promoters and other selling shareholders, according to the draft red herring prospectus (DRHP). The offer also includes a reservation for a subscription by eligible employees. The pharma company may consider raising up to Rs 100 crore as pre-IPO placement. If such placement is completed, the fresh issue size will be reduced. Proceeds from its fresh issuance will be utilised for setting up a manufacturing facility for the production of sterile injections in its Atlanta facility; funding the working capital requirements of the company and its subsidiaries; supporting inorganic growth through acquisition and other strategic initiatives and payment of debt. Besides, a portion will

Ola Electric's IPO to attract investor bids from Fidelity, Nomura

Ola Electric's roughly $740 million IPO will open this week and will be the first by an Indian electric vehicle maker

Ola Electric's IPO to attract investor bids from Fidelity, Nomura

Ola Electric's roughly $740 million IPO will open this week and will be the first by an Indian electric vehicle maker

Ola Electric sets price band of Rs 72-76 per share in one of biggest IPO

Ola Electric's roughly $740 million IPO will be the first by an Indian electric vehicle maker

Ola Electric sets price band of Rs 72-76 per share in one of biggest IPO

Ola Electric's roughly $740 million IPO will be the first by an Indian electric vehicle maker

Ola Electric Mobility to launch IPO on August 2 to raise Rs 5,500 crore

Electric two-wheeler company Ola Electric Mobility will float its initial public offering (IPO) on August 2, and a significant part of the proceeds will be used for capacity expansion of its cell manufacturing plant and revving up R&D. The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1, according to the red herring prospectus (RHP). The company's proposed IPO is a combination of a fresh issue of equity shares up to Rs 5,500 crore and an offer for sale (OFS) of 8.49 crore equity shares by promoters and investors, the prospectus showed. Under the OFS, Ola Electric founder Bhavish Aggarwal will offload almost 3.8 crore shares. The price band of the company's maiden public issue will be announced on Monday. For Ola Electric, the IPO will provide the much-needed impetus to invest in enhancing cell manufacturing capacity and research and development on future technologies and products. According to its prospectus, Ola

Ola Electric Mobility to launch IPO on August 2 to raise Rs 5,500 crore

Electric two-wheeler company Ola Electric Mobility will float its initial public offering (IPO) on August 2, and a significant part of the proceeds will be used for capacity expansion of its cell manufacturing plant and revving up R&D. The initial share sale will conclude on August 6, and the bidding for anchor investors will open for a day on August 1, according to the red herring prospectus (RHP). The company's proposed IPO is a combination of a fresh issue of equity shares up to Rs 5,500 crore and an offer for sale (OFS) of 8.49 crore equity shares by promoters and investors, the prospectus showed. Under the OFS, Ola Electric founder Bhavish Aggarwal will offload almost 3.8 crore shares. The price band of the company's maiden public issue will be announced on Monday. For Ola Electric, the IPO will provide the much-needed impetus to invest in enhancing cell manufacturing capacity and research and development on future technologies and products. According to its prospectus, Ola

Rs 1.9 trillion share sales via IPOs over six years in LTCG tax crosshairs

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

Standard Glass Lining Technology files DRHP with Sebi to raise Rs 600 cr

Standard Glass Lining Technology Limited on Friday said it has filed a Draft Red Herring Prospectus (DRHP) with the capital markets regulator Securities Exchange Board of India (SEBI) to raise Rs 600 crore through an initial public offer (IPO). The city-based firm in the DRHP said the public issue comprises a fresh issue of shares with a face value of Rs 10, aggregating up to Rs 250 crore and an offer for sale of 18.444 million shares of Rs 10 each, aggregating up to Rs 350 core. The firm, which manufactures specialised engineering equipment for pharmaceutical and chemical sectors in India, will raise the funds through 100 per cent book building process and use the proceeds from this offer for capital expenditure for repayment of some existing loans, funding inorganic growth, and for general corporate purposes. 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

Last day Alert! Sanstar IPO closes today; should you bid? Check GMP & more

The three-day subscription window to apply for the Sanstar IPO, which opened on Friday, July 19, 2024, closes today. Sanstar IPO has been subscribed 13.56 times by July 22, 2024

Clinitech Laboratory IPO opens today: Check subscription, price, date, size

Laboratory IPO comprises a fresh issue of 6,744,000 shares aggregating up to Rs 70.8 crore and is available at Rs 96 apiece

SME IPO: VL Infra issue closes today; check GMP, subscription status & more

VL Infra IPO has been subscribed 292.84 times in the retail category and 140.48 times in the NII category, while the QIB category has received a subscription of 9.31 times as of July 24, 2024

Startup Wiz likely to reject $23 bn acquisition proposal from Google

Wiz's decision to call off the deal will be a setback for Google, which has been investing in its cloud infrastructure

Amazon India in talks for deal with Instamart amid Swiggy's IPO filing

Bengaluru-based Swiggy recently filed with the Securities and Exchange Board of India (Sebi) for a Rs 10,414 crore IPO, one of the largest planned by a new-age internet company

Sanstar IPO opens today; check price band, GMP, should you subscribe?

The IPO comprises a fresh issue of 41.8 million shares valued at Rs 397.1 crore and an offer for sale (OFS) of 11.9 million shares worth Rs 113.05 crore.