Hy-Tech Engineers has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The offer comprises a fresh issue of equity shares of face value Rs 5 each, aggregating up to Rs 700 crore by the company, and an offer for sale of … Read more
UKB Electronics Limited, a leading Indian electronic manufacturing services (EMS) provider, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking its intent to raise up to Rs 800 crore through an initial public offering (IPO). The proposed offering includes a fresh issue of equity shares worth … Read more
Global travel tech firm OYO plans to file its Draft Red Herring Prospectus (DRHP) in November, eyeing a USD 7-8 billion valuation for its IPO, sources said. The company is expected to approach its board with the proposal next week, people familiar with the matter told PTI. When reached out, a company spokesperson said, “While … Read more
Sahajanand Medical Technologies (SMT) Limited has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (Sebi) to raise funds via an Initial Public Offering (IPO) route. The IPO, with a face value of Re 1, is entirely an offer-for-sale (OFS) up to 27,644,231 equity shares by promoters, … Read more
Dialysis services provider Nephrocare Health Services Limited has filed the draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO). The company plans to raise Rs 353.4 crore via issue of fresh shares. According to the DRHP, the proposed IPO … Read more
Software-as-a-service (SaaS) company Amagi Media Labs Limited has filed Draft Red Herring Prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi). The initial public offering (IPO) will be a mix of fresh issue and an offer for sale (OFS). The company plans to raise Rs 1,020 crores to be raised as fresh … Read more
Two companies — Popular Vehicles and Services Ltd and Azad Engineering have filed their respective draft red herring prospectus with market regulator Sebi. Popular Vehicles and Services IPO comprises fresh equity issue of Rs 250 crore and an offer for sale up to 1.42 crore shares. Banyan Tree Growth Capital is the sole selling shareholder … Read more
Uttar Pradesh-based Epack Durables Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for an initial public offering to raise Rs 400 crore through fresh issue of shares. The IPO also consists of an offer for sale of 1,30,67,890 shares by promoters, promoter group entities, and other … Read more
New Delhi: The IPO of tech hospitality startup Oyo, which was earlier expected to be launched in the first half of 2023, will now likely be delayed another quarter, as Securities and Exchange Board of India (SEBI) has written back to the company asking it to update additional sections in its Draft Red Herring Prospectus … Read more
NEW DELHI: Exxaro Tiles, a leading manufacturer of vitrified tiles, has received markets regulator Sebi‘s go-ahead to raise an estimated Rs 150-160 crore through an initial share sale. The initial public offering of up to 1.34 crore equity shares will comprise a fresh issue of up to 1.12 crore equity shares and an offer for … Read more