Helmets manufacturer Studds Accessories has filed preliminary papers with capital markets regulator Sebi to float an initial public offering (IPO). This marks the company’s second attempt to go public. Previously, the company had filed draft papers nearly seven years ago. The IPO will be an offer for sale (OFS), with the promoter group and other … Read more
Seshaasai Technologies, a technology-driven multi-location solutions provider, has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI), to raise funds via an Initial Public Offering (IPO). The issue is proposed to be a mix of fresh issue of equity shares of up to Rs 600 crore … 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
Executive search firm EMA Partners India is planning to launch an initial public offering (IPO) with a maximum offer of up to Rs 100 crore subject to approval.EMA Partners will be the first executive search firm to be listed in the country. The company, which started business in India in 2003, along with its subsidiaries, … Read more
Dev Accelerator Ltd, which provides flexible office spaces, has filed a draft document with Sebi to launch its initial public offering (IPO) to raise around Rs 125 crore. Dev Accelerator (DevX) is promoted by listed entity Dev Information Technology Ltd. DevX’s IPO is entirely a fresh issue of 2.47 crore equity shares (face value of … Read more
Kumar Arch Tech, which is into PVC blend-based building material products manufacturing, has filed preliminary papers with capital markets regulator Sebi to garner Rs 740 crore through an initial public offering (IPO). The proposed IPO is a mix of fresh issuance of shares valued Rs 240 crore, and an offer-for-sale (OFS) of shares worth Rs … Read more
Solar PV modules manufacturer Waaree Energies on Monday received market regulator Securities and Exchange Board of India’s (Sebi) approval for its proposed initial public offering (IPO). The company’s initial public offering comprises a fresh issue of equity shares aggregating up to Rs 3,000 crore and an offer for sale of up to 3,200,000 Equity Shares … Read more
The primary market is gearing up for another stellar week as three companies launch their initial public offerings (IPOs) to raise just over Rs 2,700 crore this week. The IPOs of Emcure Pharmaceuticals, in which shark tank fame Namita Thapar is the Executive Director and Bansal Wire will open for subscription next week in the … Read more
Ajax Engineering Pvt, an Indian concrete equipment maker backed by Kedaara Capital, is considering an initial public offering that could raise Rs 20 billion ($240 million), people familiar with the matter said. Ajax Engineering is working with advisers to help prepare for an IPO in Mumbai in the fourth quarter, the people said, asking not … Read more
Billionaire Kumar Mangalam Birla’s Hindalco Industries Ltd. is considering seeking about $1.2 billion in a planned initial public offering of US aluminum products maker Novelis Inc., people familiar with the matter said, in what could be one of the year’s biggest share sales. Hindalco may target a valuation of about $18 billion for Atlanta-based Novelis, … Read more