As per the report, the Tata group is aiming for a $1-2 billion initial public offering (IPO) of the EV unit and the listing could happen in the next 12-18 months
The company's Rs 1,800-crore IPO was entirely a fresh issue and was priced between Rs 342 to Rs 360 per share. At the top end of the price band, Juniper is valued at around Rs 8,000 crore
The committee will also advise on scaling global debt market in Gift City
Trend may draw foreign companies to India listing, while existing players assess potential of monetising stakes
Jana, Capital Small Finance Bank slip below IPO price
Post listing, the stock hit a high of Rs 340 and a low of Rs 320.05 on the BSE. At 10:01 am; Rashi Peripherals was trading at Rs 334, up 7.5 per cent over its issue price
Here is the best of Business Standard's opinion pieces for today
When deciding between listing in India and the US, founders should prioritise long-term considerations over listing price
Japanese firm gradually exiting its investment since Paytm IPO
The company is a leading distributor of global brands in the computing and communication space
The offer comprises of fresh issue of equity shares aggregating up to Rs 462 crore and offer for sale of up to 26,08,629 equity shares
The stock listed at Rs 56, up 36.58 per cent from the issue price on the BSE. It later jumped 43.39 per cent to Rs 58.79
Industry body forms committee to review networth threshold
It would be first IPO of a major social media company since Pinterest's debut in 2019, and would come as Reddit and its peers face stiff competition for advertising dollars from likes of TikTok & FB
Earlier in 2021, it had targeted to raise Rs 1,900 cr but withdrew due to weak market conditions
PI Opportunities Fund-1 is expected to offload over 36 per cent stake and Mahindra & Mahindra would sell over 5 per cent stake as part of the IPO
Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel baby and mother-care product platform FirstCry, in the upcoming IPO. Tata became an investor in the company in 2016 by infusing Rs 66 lakh initially. He was allotted preference shares of the company. According to the draft red herring prospectus (DRHP) filed on Thursday, Tata is offering to sell his entire 77,900 shares, amounting to a 0.02 per cent stake, of FirstCry. The Pune-based company's proposed Initial Public Offering (IPO) comprises a fresh issue of equity shares aggregating up to Rs 1,816 crore and an Offer For Sale (OFS) of up to 5.44 crore equity shares by existing shareholders, as per the draft papers. As a part of the OFS, SVF Frog, a Cayman Islands-registered entity of Softbank, will sell 2.03 crore equity shares of Brainbees Solutions Ltd, and automaker Mahindra & Mahindra (M&M) will offload 28.06 lakh shares of
Analysts said the returns, despite the subscription, could be muted as market activity will be a bit tepid during the holiday season
DOMS offers well-designed and quality 'stationery and art material' products to consumers
The company provides loans for house construction, extension, renovation, and the purchase of new homes or plots. The company also offers loans against property (LAP)