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