DreamFolks Services’ IPO to open on Wednesday

DreamFolks Services’ IPO to open on Wednesday

The initial public offering of airport service aggregator platform DreamFolks Services will open for subscription on Wednesday, August 24, to raise ₹562 crore. The price band for the offer has been fixed at ₹308-326 per share. The IPO consists of an offer for sale of up to 1.72 crore shares by the promoters and selling … Read more

Investors await stability on D-St to resume IPO party

Investors await stability on D-St to resume IPO party

​Ending the 80-day drought of the primary markets, Syrma SGS Technology launched its IPO on Friday, but no other issue is lined up, with 28 companies already having Sebi’s nod to mop up Rs 45,000 crore via their initial offerings.Market participants said IPOs are being deferred due to various factors, including weakenin Source link

Pepperfry rejigs structure for IPO

Pepperfry rejigs structure for IPO

(This story originally appeared in on Jul 29, 2022) Mumbai: Furniture retailer Pepperfry has begun to overhaul its business structure as it plans to debut on India’s stock exchanges. To start with, the founders Ambareesh Murty and Ashish Shah have redomiciled Pepperfry from Cayman Islands to Mumbai. They had registered Pepperfry in Cayman Islands as … Read more

Tata Motors said to plan IPO for its arm Tata Tech

Tata Motors said to plan IPO for its arm Tata Tech

Mumbai: Tata Motors is planning to publicly list its global product engineering and digital services subsidiary Tata Technologies and has appointed bankers for the initial public offering (IPO), according to reports. This could be the first public float from the Tata Group since the ₹5,500-crore IPO of India’s largest software services exporter, , in 2004. … Read more

Startups IPO | Delhivery: Why do startups need an IPO? Delhivery CEO Sahil Barua cites 6 reasons

Startups IPO | Delhivery: Why do startups need an IPO? Delhivery CEO Sahil Barua cites 6 reasons

Last winter, when billionaire Vijay Shekhar Sharma broke into tears while launching IPO at the BSE Towers in Mumbai, it was evident how important the journey to Dalal Street was for the fintech founder. Even though many successful startups like Zoho and Zerodha have chosen to remain bootstrapped, several other unicorns have either launched their … Read more

JK Files submits IPO papers with Sebi to raise Rs 500-600 crore

JK Files submits IPO papers with Sebi to raise Rs 500-600 crore

Mumbai: JK Files and Engineering, a part of the Raymond Group, is eyeing a turnover of ₹1,500 crore in the next few years on expectations of robust demand for precision automotive components. Having posted more than 50% growth in FY22 with a turnover of ₹812 crore, the auto-parts arm now makes up nearly an eighth … Read more

JM Baxi plans to file for Rs 2,500 crore IPO, soon

JM Baxi plans to file for Rs 2,500 crore IPO, soon

Mumbai: Integrated logistics firm JM Baxi plans to file initial document for its planned ₹2,500-crore IPO this month, said its managing director Dhruv Kotak. The company is part of the 106-year-old JM Group which operates container terminals, container freight stations and inland container depots. It also offers shipping agency services. “Somewhere around the end of … Read more

3 IPOs to debut on bourses this week: How much listing pop can you expect?

3 IPOs to debut on bourses this week: How much listing pop can you expect?

NEW DELHI: Shares of three companies which launched their initial public offer (IPO) recently will list on the bourses for secondary market trading during the week. Given the market conditions and grey market premium (GMP), a big bang listing gains should not be expected. The first listing will be Ethos on Monday, which is a … Read more

5 IPO mistakes retail investors should avoid making

5 IPO mistakes retail investors should avoid making

There has been a gold rush in the Indian IPO market in recent times. In 2021, close to Rs 1.2 lakh crore of capital was raised by companies via the IPO route. It is significantly higher than the total capital raised between 2018- 2020, which amounted to slightly over Rs 73,000 crore. Tech startups, e-commerce … Read more

Primary market mopped up Rs 1.4 lakh crore in FY22: RBI report

Primary market mopped up Rs 1.4 lakh crore in FY22: RBI report

In the financial year 2021-22, the primary markets mobilized funds worth Rs 1.39 lakh crore, 26.1 per cent higher than Rs 1.1 lakh crore in the previous fiscal year, said the annual reports from the Reserve Bank of India. The central bank, in its report, said that this includes all the primary market activities, including … Read more