ET Intelligence Group: Pine Labs, a digital payment services provider to merchants, plans to raise upto ₹2,080 crore through fresh equity to strengthen cloud infrastructure and repay debt and upto ₹1,819 crore through an offer for sale (OFS). The OFS will be carried out by 10 existing investors including Peak XV, Paypal, and MasterCard Asia. … Read more
Adani Enterprises will spread its proposed rights issue of up to ₹25,000 crore—its largest ever fundraising—over four equal tranches and a period of six-eight months, sources aware of the development said. The company intends to use a significant portion of the rights issue to repay shareholder loans provided by the promoter. This will effectively create … Read more
Ganesh Infraworld, a Kolkata-based engineering, procurement, and construction (EPC) firm, is looking to raise Rs 200–250 crore through a qualified institutional placement (QIP) soon, according to people familiar with the matter. The company, which listed on the NSE SME Emerge platform on December 6 last year, had a market value of Rs 971.91 crore at … Read more
The momentum in the SME (Small and Medium Enterprises) IPO space continues in 2025, with companies raising a staggering Rs 6,819 crore by the end of August 2025. According to data from Prime Database, this marks the second-highest year ever in terms of fundraising through SME IPOs, only behind 2024, which saw Rs 8,761 crore … 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
The Adani Group is storming back into global capital markets with unstoppable momentum, having already raised over $3.2 billion in just six months and positioning itself to complete a massive $5 billion fundraising blitz by FY26, a stunning validation of its infrastructure-first strategy amid relentless scrutiny. Marquee global investors from BlackRock to Apollo and TotalEnergies … Read more
State-owned Punjab & Sind Bank on Monday fixed the floor price of Rs 40.38 per share to raise funds through QIP. The bank has proposed to raise Rs 2,000 crore through Qualified Institutional Placement (QIP). The board in its meeting approved and adopted the preliminary placement document dated March 24, 2025, together with the application … Read more
TEAM MIKAYLA Mikayla Beames (right) set up the charity, which donated more than £2,000 worth of Christmas gifts to children’s cancer wards A teenager who has lived with cancer since she was four has been recognised in the New Year Honours List for raising money for other children with the disease. Mikayla Beames, from Wantage, … Read more
Shares of Burger King-operator Restaurant Brands Asia (RBA) today rose 3% to their day’s high of Rs 84.56 on the BSE after the company announced that its board will meet on Friday to consider raising of funds via a preferential issue, qualified institutions placement (QIP) or other methods. “Pursuant to Regulation 29(1)(d) of the SEBI … Read more
Eleganz Interiors, a leading provider of interior fit-out solutions provider, on Saturday said it has filed draft papers with NSE Emerge to mobilise funds via an initial public offering. The initial public offering (IPO) is entirely a fresh issuance of up to 60.05 lakh shares, each with a face value of Rs 10, the company … Read more