IPO
India’s Meesho files for IPO via confidential route to raise ₹4,250 crore
Indian e-commerce upstart Meesho, has confidentially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) as it prepares to launch its…
Swiggy IPO subscribed 11% on Day 1
Swiggy had a rather muted IPO debut in terms of subscriptions by various segment of investors. The food delivery major, which is looking to raise ₹11,327 crore through…
India is considering allowing direct foreign public market listing of domestic companies
You may soon see Indian firms listing on the likes of the London Stock Exchange. India is revisiting the idea of permitting local companies to list on foreign…
British chipmaker ARM files for Nasdaq IPO, expected to be the biggest this year
British chip designer Arm, owned by Japanese behemoth Softbank, has officially filed for its highly-anticipated initial public offering (IPO) on the Nasdaq, setting the stage for what is…
SoftBank-owned chipmaker Arm confidentially files for an IPO in the US
Arm Limited, the British semiconductor and software design company that had been acquired by SoftBank a few years ago, has confidentially filed for an initial public offering (IPO)…
Softbank looks to list British chipmaker Arm in the US to raise $8Bn: Reuters
With the economic climate heading towards recession in most parts of the world, the global IPO market has seen an expected lull as well. Not many big listings…
Dream public market debut for drone upstart DroneAcharya, stock lists at 90% premium
India’s Unmanned Aerial Vehicle (UAV) market is estimated to at $2.1 billion in FY22. But the market is expected to grow at an unprecedented pace, with defence, logistics…
PharmEasy shelves IPO plans, opts for a rights issue instead
An ambitious attempt by several of India’s high profile tech unicorns to list on India’s generally traditional stock markets, did not go down well for most. The likes…
Logistics unicorn Delhivery lists at 1.7% premium, ends debut day 10% high despite bearish market
Delhivery, the unicorn upstarts that has made aggressive strides in India’s $200Bn logistics market, debuted its stock on public bourses today, at a 1.7% premium. And while that…
Ahead of its IPO, Delhivery lands ₹2,347 crore from 64 anchor investors
75% of the Delhivery IPO issue has been reserved for qualified institutional investors, 15% has been reserved for non-institutional investors, and the remaining 10% for retail investors.
Insurance behemoth LIC’s IPO, India’s largest, to open today
Around 15.81 lakh LIC shares have been reserved for employees and around 2.21 crore shares are reserved for policyholders. The same get a discount of ₹45 and ₹60 respectively should they apply for the public issue.
Insurance behemoth LIC’s IPO set to be biggest-ever in India, govt to sell 5% of its stake
For a long time, India’s insurance woes have been handled by the Life Insurance Corporation of India (LIC). Ever since its inception in 1956, it has been under…
MapMyIndia’s IPO to open on December 9, price band set at ₹1000-1033 per equity share
It will be an understatement to say that 2021 has been a milestone year for India’s maturing startup ecosystem. The country has seen some of its matured, first-gen…
Paytm makes an expected, muted public market debut at ₹1950, shares continue to slide
2021 has a been a year of reckoning for India’s startup ecosystem. The year has seen a bunch of first-gen startups making public market debuts, most of whom…
EV maker Rivian values itself at $65 billion in IPO, shares priced at $78 apiece
Rivian, the electric vehicle maker that aimed at rivalling Tesla but is yet to launch a single EV in the market, has priced its initial public offering (IPO)…
Nykaa makes strong stock market debut, lists at nearly 80% premium on opening day
Fashion e-commerce upstart Nykaa, which is among a slew of first generation Indian startups making public market debuts, has opened strongly on its very first stock market outing.…
Oyo aims for $1-1.2 billion IPO, may file DRHP next week: Report
2021 has already shaped up to be golden year for India’s top startups. While literally dozens of new unicorns took shape, some of India’s 1st-gen unicorns are looking…
SaaS major Freshworks aims for a $9Bn valuation in US IPO
Freshworks is the latest name to make its way to the ‘soon to go public’ list, after the Salesforce rival revealed that it would be aiming for a…
Delhivery raises $76.4 million from Lee Fixel’s Addition as it preps to go public in the next two quarters
Delhivery, the homegrown delivery and e-commerce start-up, has been quite busy from some time, as it has been gearing up for its $1 billion initial public offering (IPO),…
Electric pick up truck manufacturer Rivian confidentially files for IPO
Rivian, the company that is poised to be the first electric vehicle manufacturer to launch an electric pickup truck, has confidentially filed for an IPO, reportedly seeking an…
Paytm confirms IPO plans
Paytm, amid massive speculation and build-up towards an impending IPO, has confirmed the same via a notification to its existing shareholders. In a note sent to existing shareholders…