Initial Public Offering (IPO): News
11 Jun 2024
BusinessIxigo IPO subscribed over 7.5 times on day 2
The initial public offering (IPO) of Le Travenues Technology, the parent company of travel booking platform Ixigo, has been subscribed over 7.5 times on the second day of bidding.
11 Jun 2024
Hyundai Motor IndiaHyundai Motor India may file $2.5B IPO in coming weeks
Hyundai's Indian subsidiary is preparing to submit a draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) in the coming weeks.
10 Jun 2024
Morgan StanleyMorgan Stanley-backed Ixigo's IPO opens for subscription: Should you invest?
The initial public offering (IPO) of Le Travenues Technology, the parent company of the popular travel platform Ixigo, has opened for subscription today. The IPO will close on June 12.
09 Jun 2024
Saudi ArabiaIPO-bound FirstCry planning to ramp up operations in global markets
FirstCry, India's premier multi-channel retail platform for newborns, kids, and mothers, has unveiled plans to extend its operations globally.
09 Jun 2024
Stock MarketIndia's primary market prepares for new IPOs and listings
India's primary market is bracing for a busy week with two new public issues and four new listings on the horizon.
08 Jun 2024
Bajaj FinanceBajaj Housing Finance finally files for ₹7,000 crore IPO
Bajaj Housing Finance, a subsidiary of Bajaj Finance, has submitted draft papers to the Securities and Exchange Board of India (SEBI).
02 Jun 2024
Stock MarketUnderstanding demat and trading accounts: Their differences and functions
Demat and trading accounts are two separate but interconnected entities that play vital roles in the purchase, sale, and holding of securities such as shares and exchange-traded funds (ETFs).
28 May 2024
Kumar Mangalam BirlaHindalco-owned Novelis aims for $12.6 billion valuation with US IPO
Novelis Inc, a subsidiary of Hindalco Industries, is targeting a valuation of up to $12.6 billion, through its initial public offering (IPO) in the United States.
27 May 2024
BusinessAwfis Space Solutions IPO exceeds expectations, oversubscribed 108 times
Awfis Space Solutions's Initial Public Offering (IPO) experienced a dramatic increase in investor interest today, the final day of bidding.
27 May 2024
Hyundai IndiaHyundai onboards top advisers for IPO of its India unit
South Korean automaker Hyundai has reportedly engaged the services of Kotak and Morgan Stanley as advisers for its forthcoming initial public offering (IPO) in India.
26 May 2024
BusinessAwfis Space Solutions extends IPO closing date to May 27
Awfis Space Solutions has announced the extension of its initial public offering (IPO) closing date from May 24 to May 27.
22 May 2024
StartupsOYO retreats from IPO plans for the second time
Indian budget hotel chain, OYO, has withdrawn its initial public offering (IPO) application, from the Securities and Exchange Board of India (SEBI) for the second time.
19 May 2024
Stock MarketStock market prepares for busy week with new IPOs, listings
The primary market in India is bracing for a bustling week with two initial public offerings (IPOs), amid the ongoing general elections.
16 May 2024
BusinessRaspberry Pi, maker of minicomputers, plans IPO for business expansion
British minicomputer manufacturer, Raspberry Pi, has announced its intention to file for a US stock market listing.
15 May 2024
Morgan StanleyVirat Kohli-backed Go Digit raises $141M funding as IPO opens
Indian insurance startup, Go Digit, has successfully secured $141 million from a group of investors as its initial public offering (IPO) opens today.
08 May 2024
OYO RoomsOYO reportedly negotiating new funding round at $3 billion valuation
Indian budget-hotel chain start-up, OYO, is in discussions for a funding round, that could decrease its valuation to $3 billion or less, as per TechCrunch.
06 May 2024
Securities and Exchange Board of IndiaFirstCry's parent Firm re-files IPO papers with SEBI
Brainbees Solutions Ltd., the parent company of online shopping platform FirstCry, has submitted revised documents for its upcoming initial public offering (IPO) to the Securities and Exchange Board of India (SEBI).
05 May 2024
Muthoot FinanceMuthoot Finance's subsidiary files ₹1,300 crore IPO papers with SEBI
Belstar Microfinance Ltd, a subsidiary of Muthoot Finance, has filed its initial public offering (IPO) papers with the Securities and Exchange Board of India (SEBI).
01 May 2024
FinanceFirstCry CEO's monthly salary drops by 49% to ₹8.6 crore
Supam Maheshwari, the founder and CEO of FirstCry, has experienced a significant reduction in his monthly salary.
29 Apr 2024
BusinessBOULT aims to go public with IPO in 2025
Varun Gupta, co-founder of Indian consumer tech brand BOULT, has revealed the company's plans to go public in the upcoming year.
26 Apr 2024
BusinessFirstCry to withdraw $500M IPO documents over SEBI's queries
FirstCry, a prominent Indian retailer known for selling baby products, is set to withdraw its $500 million Initial Public Offering (IPO) documents as early as next week.
15 Apr 2024
BusinessNepalese billionaire behind Wai Wai noodles plans India unit's IPO
Nepalese billionaire Binod Chaudhary, who amassed his wealth through the instant noodle business, has announced plans to take his conglomerate, Chaudhary Group's (CG) food division in India, public by 2026.
12 Apr 2024
Bharti AirtelBharti Hexacom's stock market debut exceeds expectations with 32% premium
Bharti Hexacom, a subsidiary of Bharti Airtel, made an impressive debut in the stock market today.
27 Mar 2024
Bajaj FinanceBajaj Housing Finance targets $9-10 billion valuation in potential IPO
Bajaj Housing Finance, a subsidiary of Bajaj Finance, has kick-started preliminary discussions with multiple investment banks for a potential initial public offering (IPO).
26 Mar 2024
Bharti AirtelBharti Hexacom reveals IPO price band for upcoming stake sale
Bharti Hexacom, a subsidiary of the telecom giant Bharti Airtel, has set the price band for its initial public offering (IPO) at Rs. 542-570 per share.
22 Mar 2024
Stock MarketNSE announces new guidelines for tech IPOs: Check here
The National Stock Exchange (NSE) has rolled out fresh guidelines, that will impact tech company founders who are preparing to launch their initial public offerings (IPOs).
22 Mar 2024
Stock MarketTAC Security gears up for India's first cybersecurity IPO
Backed by renowned investor Vijay Kedia, cybersecurity firm Tac Security is all set to launch its Rs. 29.99 crore initial public offering on March 27.
22 Mar 2024
RedditReddit CEO's $193 million salary ignites debate over unpaid moderators
Reddit CEO Steve Huffman is under fire for his substantial $193 million salary package, while the platform's moderators receive no financial compensation.
21 Mar 2024
RedditReddit prices IPO at $34 per share to raise $748M
In a significant boost to the crippling Initial Public Offering (IPO) market in the technology sector, social media giant Reddit set its IPO at the peak of its projected range of $31 to $34 per share.
19 Mar 2024
Stock MarketEncyclopaedia Britannica aiming for $1 billion valuation in forthcoming IPO
Encyclopaedia Britannica, the publisher of the Merriam-Webster dictionary, is setting sights on a $1 billion valuation for its upcoming initial public offering (IPO), as per Bloomberg.
18 Mar 2024
RedditReddit IPO oversubscribed five times: Is a bumper listing expected?
Reddit's initial public offering (IPO) has been oversubscribed between four to five times, as reported by Reuters.
16 Mar 2024
Stock MarketThis railway stock has gained 1,150% in merely 5 years
Rail Vikas Nigam Limited (RVNL), a public sector railway stock, has seen an impressive growth of 1,150% in nearly five years.
12 Mar 2024
RedditReddit announces IPO with a valuation target of $6.4 billion
Reddit, the popular social media platform, has disclosed plans for one of the year's most anticipated initial public offerings (IPOs), aiming to raise up to $748 million.
11 Mar 2024
TataTata stocks fall 10% as Tata Sons's IPO remains uncertain
Today morning, stocks of Tata Group fell up to 10% as reports suggested that Tata Sons might not go for an initial public offering (IPO) anytime soon.
11 Mar 2024
RedditReddit aims to raise nearly $750M through its IPO
Reddit is gearing up for a massive initial public offering (IPO), aiming to raise as much as $748 million.
08 Mar 2024
Ranbir KapoorTop celebs rake in big bucks from India's IPO boom
India's booming initial public offering (IPO) market has been a goldmine for investors, including some of the biggest names in Bollywood and cricket.
26 Feb 2024
RedditWhy Reddit's IPO is not enticing its users
Reddit's recent IPO filing with the US Securities and Exchange Commission has generated mixed feelings among its users as the social media platform may prioritize profit over its community.
23 Feb 2024
RedditReddit files for IPO, eyes NYSE listing under 'RDDT' ticker
Reddit, the popular social media platform, is gearing up for its initial public offering (IPO) on the New York Stock Exchange under the ticker "RDDT."
22 Feb 2024
RedditReddit offering shares to top 75,000 users ahead of IPO
Good news for Reddit enthusiasts!
20 Feb 2024
Stock MarketBest IPO of 2024: Vibhor Steel debuts at 181% premium
Vibhor Steel Tubes, a producer and exporter of various steel products, made a remarkable debut today. Its shares got listed at 181% premium over the initial public offering (IPO) price.
