Advertisements In line with its commitment to the ‘Invest in Denmark’ initiative, online hospitality major OYO has acquired Europe-based holiday homes operator Bornholmske Feriehuse, which aims to accelerate the growth of travel and tourism in the market. Bornholmske Feriehuse, which… Read More ›
IPO
SEBI Puts Biba Fashion IPO In ‘Abeyance’
Advertisements Capital markets regulator Sebi has kept in “abeyance” the proposed initial share sale of ethnic wear fashion label Biba Fashion. However, the Securities and Exchange Board of India (Sebi) did not clarify further. The company, which is backed by… Read More ›
28 Cos Secure Sebi’s Clearance To Float IPOs Worth INR 45,000-Cr In Apr-Jul FY23
Advertisements Sebi has given its nod to 28 companies to raise funds totalling Rs 45,000 crore through initial public offerings (IPOs) in April-July period of 2022-23 which has already seen 11 debutantes raising over Rs 33,000 crore. Among the firms… Read More ›
Fintech Platform BharatPe Appoints Nalin Negi As New CFO Amid IPO Plans
Advertisements Fintech platform BharatPe on Wednesday said it has appointed former SBI Card CFO Nalin Negi as its new chief financial officer, as it prepares for its initial public offering (IPO). In his new role, Negi will take charge of… Read More ›
Furniture Retailer Pepperfry Rejigs Structure For IPO
Advertisements Furniture Retailer pepper fried has started reviewing its trading structure as it plans to debut on the Indian stock exchanges. For starters, founders Ambareesh Murty and Ashish Shah have re-domiciled Pepperfry from the Cayman Islands to Mumbai. They had… Read More ›
Adani Capital Planning IPO As Soon As 2024 At USD 2 Bn Valuation: CEO
Advertisements A non-bank lender backed by Gautam Adani, Asia’s richest person, is planning to raise at least Rs 1,500 crore ($188 million) in an initial public offering in Mumbai that could take place as early as 2024. Adani Capital’s first-time… Read More ›
India M&A Volume To Rise Amid IPO Market Slowdown, JPMorgan Says
Advertisements Mergers and acquisitions have become an important solution for investors facing a slowdown in India’s equity capital markets, according to JPMorgan Chase & Co. “India is a super important market for sovereign funds, private equity and global pension funds,… Read More ›
Gujarat Polysol Chemicals, PKH Ventures Get Sebi’s Go Ahead To Float IPOs
Advertisements Chemical manufacturer Gujarat Polysol Chemicals and construction and hospitality firm PKH Ventures have received capital markets regulator Sebi’s go ahead to raise funds through Initial Public Offerings (IPOs). The two companies, which filed preliminary IPO papers with Sebi in… Read More ›
Go First Likely To Raise Money Via IPO To Manage Financial Crisis: Report
Advertisements Go First airline with a fleet size of 57 aircraft is a major player in the Indian aviation sector. While its latest available financial results talk about stressed financials, industry sources said that the airline is likely to raise… Read More ›
Sai Silks Files IPO Draft Papers With Sebi; Eyes Up To INR 1,200 Cr
Advertisements Ethnic apparel retailer Sai Silks (Kalamandir) Limited has filed preliminary papers with capital markets regulator Sebi to raise as much as Rs 1,200 crore through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares… Read More ›