Tiger Global-backed construction material supply firm Infra.Market has filed for an initial public offering (IPO) worth between Rs 4,500 crore and Rs 5,500 crore with market regulator Sebi using the confidential pre-filing route, market sources said on Wednesday. The proposed IPO would be a combination of a fresh issue of shares and an Offer for … Read more
Real estate company Runwal Developers has submitted its draft papers with markets regulator Sebi for raising Rs 2,000 crore through its initial public offering (IPO). The Mumbai-based company’s maiden public offering comprises a fresh issue of shares worth Rs 1,700 crore and an offer for sale (OFS) component of Rs 300 crore by promoter — … Read more
Medicap Healthcare Ltd has filed draft papers with markets regulator Sebi to raise Rs 240 crore through an initial public offering (IPO). The proposed IPO is entirely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Monday. The company plans to … Read more
The International Finance Corporation is set to pocket hefty returns from Tata Capital‘s upcoming USD 2 billion (Rs 17,000 crore) initial public offering, as the World Bank Group arm looks to trim its stake in the non-banking finance company. The International Finance Corporation (IFC) will offload 3.58 crore shares in the offering, exiting part of … Read more
Gem Aromatics, a manufacturer of speciality ingredients, on Monday mobilised over Rs 135 crore from anchor investors, ahead of its initial public offering (IPO) opening for subscription. Some of the institutions that participated in the anchor round includes Citigroup Global, Societe Generale, Goldman Sachs, Nippon India Mutual Fund, SageOne, Nuvama, and Niveshaay Sambhav Fund, according … Read more
Smartworks Coworking Spaces has raised Rs 173.64 crore from anchor investors ahead of its initial public offer (IPO). In a regulatory filing on Wednesday, Smartworks finalised the allocation of 42,66,378 equity shares to anchor investors at Rs 407 per equity share. Out of the total allocation of 42,66,378 shares to the anchor Investors, 32.04 per … Read more
GNG Electronics Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of equity shares aggregating up to Rs 825 core and an offer for sale (OFS) of up to 97 lakh equity shares by promoters, … Read more
Nisus Finance Services Co Ltd on Friday said it aims to raise over Rs 114 crore through its initial public offering (IPO) which will open for subscription on December 4. The issue, with a price band of Rs 170 to Rs 180 per share, will conclude on December 6. The anchor book bidding will open … Read more
Enviro Infra Engineers, which is involved in the development of turnkey projects of sewage treatment plants and sewerage system, on Thursday collected around Rs 195 crore from anchor investors, a day before its initial share sale opening for public subscription. Quant Mutual Fund, Motilal Oswal Mutual Fund, LIC Mutual Fund, Abakkus Diversified Alpha Fund-2, Singularity … Read more
Rahul Bothra, CFO, and Sriharsha Majety, Co-Founder & CEO, Swiggy, in conversation with ET Now. Swiggy has increased the targeted primary fundraising through issuance of new shares to Rs 4,499 crore, from its earlier plan of Rs 3,750 crore. In the offer for sale (OFS) window, the company will sell 175.1 million shares. The company … Read more