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New Delhi, Jul 12 (PTI) Anthem Biosciences has raised Rs 1,016 crore from anchor investors ahead of its initial share-sale opening for public subscription. Some of the investors that participated in the anchor book are -- Abu Dhabi Investment Authority, Government Pension Fund Global, Eastspring Investments, Amundi Funds, PineBridge Global Funds and Societe Generale, HDFC MF (MF), ICICI Prudential MF, Axis MF, UTI MF, Quant MF and Motilal Oswal MF, according to a circular uploaded on BSE's webs ...Read More >
New Delhi: Religare Enterprises has announced a ₹1,500-crore fundraise through preferential allotment of warrants to its promoter, the Burman family of Dabur, and a select group of investors including Ashish Kacholia, Hindustan Times group, Ashish Dhawan and JM Financial. The Burman family through various investment vehicles will subscribe to ₹750 crore worth (50%) of warrants, the company said in a stock exchange disclosure. The funds will be used to support business growth across verticals, ...Read More >
New Delhi, Jul 11 (PTI) Religare Enterprises on Friday said its board has approved a proposal to raise Rs 1,500 crore through the preferential allotment of warrants to support the company's business expansion plans and drive new strategic initiatives. Of this amount, entities linked to the Burman family, owners of Dabur, will contribute Rs 750 crore, accounting for 50 per cent of the total fundraise, while the remaining amount will be infused by The Hindustan Times Ltd, investors Ashish Dhawan, ...Read More >
New Delhi, Jul 11 (PTI) Religare Enterprises on Friday said its board has approved a proposal to raise Rs 1,500 crore through the preferential allotment of warrants to support the company's business expansion plans and drive new strategic initiatives. Of this amount, entities linked to the Burman family, owners of Dabur, will contribute Rs 750 crore, accounting for 50 per cent of the total fundraise, while the remaining amount will be infused by The Hindustan Times Ltd, investors Ashish Dhawan, ...Read More >
New Delhi, Jul 11 (PTI) INOX Clean Energy has confidentially filed draft papers with markets regulator Sebi to raise Rs 6,000 crore through an Initial Public Offering (IPO), according to industry sources familiar with the development. This could potentially become the largest Indian IPO in the clean energy and renewables sector. Also Read | BEST Bus Accident: 8 Injured As Speeding Bus Rams Into Stationary Truck in Mumbai's Goregaon (Watch Video). With a proposed equity dilution of over 10 per ...Read More >
New Delhi, Jul 9 (PTI) Anthem Biosciences on Wednesday fixed a price band of Rs 530 to Rs 570 for its Rs 3,395-crore initial public offering (IPO). At the upper end of the price band, the company's evaluation exceeds Rs 31,800 crore. The initial share-sale will be open for public subscription during July 14-16 and the one-day bidding for anchor investors is scheduled for July 11, the company said. The proposed IPO is entirely an offer-for-sale (OFS) worth Rs 3,395 crore by promoters, investor ...Read More >
Mumbai, July 7 (SocialNews.XYZ) Smartworks Coworking Spaces' losses widened to Rs 63.17 crore in FY25, a rise of Rs 13.22 crore against FY24 losses, the company said in its red herring documents on Monday ahead of its initial public offering (IPO). The co-working space provider's net loss stood at Rs 49.95 crore in the preceding 2023-24 financial year. The IPO opens for public subscription on July 10 and concludes on July 14. The price band has been fixed at Rs 387-407, and investors had to bu ...Read More >
New Delhi, Jul 7 (PTI) Smartworks Coworking Spaces Ltd on Monday fixed a price band of Rs 387-407 per share for its Rs 583 crore Initial Public Offering (IPO). The IPO is scheduled to open for public subscription on July 10 and conclude on July 14, and the bidding for anchor investors would open for a day on July 9, the company announced. The company has revised its IPO size downward. The fresh issue has been reduced to Rs 445 crore from the earlier planned Rs 550 crore, while the Offer for Sa ...Read More >
New Delhi, Jul 6 (PTI) Makers of solar photovoltaic modules and solar cells Emmvee Photovoltaic Power Ltd on Sunday filed preliminary papers with capital markets regulator Sebi to raise Rs 3,000 crore through an initial public offering (IPO). The IPO comprises fresh issue of shares worth Rs 2,143.86 crore and an offer for sale (OFS) of shares valued Rs 856.14 crore by promoters, according to the draft red herring prospectus (DRHP). Also Read | When Will Maharashtra Govt Disburse Ladki Bahin Yo ...Read More >
New Delhi, Jul 6 (PTI) Makers of solar photovoltaic modules and solar cells Emmvee Photovoltaic Power Ltd on Sunday filed preliminary papers with capital markets regulator Sebi to raise Rs 3,000 crore through an initial public offering (IPO). The IPO comprises fresh issue of shares worth Rs 2,143.86 crore and an offer for sale (OFS) of shares valued Rs 856.14 crore by promoters, according to the draft red herring prospectus (DRHP). Proceeds from the fresh issue to the tune of Rs 1,607.90 crore ...Read More >
India's startup IPO engine is back in high gear. Over the last few weeks, a dozen new-age companies -- including Meesho, Groww, PhysicsWallah, Pine Labs, Urban Company and Wakefit -- have filed draft red herring prospectuses (DRHPs) with the Securities and Exchange Board of India (SEBI), collectively looking to raise almost Rs 20,000 crore in primary capital. The filings signal more than just a busy pipeline. They reflect a shift in tone: founders and their investors are no longer waiting for p ...Read More >
Bengaluru - Tenneco Clean Air India Limited, part of the US headquartered Tenneco Group, a key global Tier I automotive component supplier (Source: CRISIL Report) has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering (IPO). Tenneco Mauritius Holdings Limited, Tenneco (Mauritius) Limited, Federal-Mogul Investments B.V., Federal-Mogul Pty LTD, and Tenneco LLC are the promoters of the company. The offer comprises an Offer for Sale aggregating up to ₹3000 crore ...Read More >
Sangareddy (Telangana) [India], July 1 (ANI): Telangana Governor Jishnu Dev Varma has expressed grief over the tragic fire accident that occurred at the Pashamylaram industrial area in Sangareddy district that killed 12 people. The Governor paid condolences to the families of those who lost their lives in the incident and wished a speedy recovery to the injured. Also Read | Rules Changing From July 1, 2025: From LPG Cylinder Prices and Railway Fares to Aadhaar-PAN Link, Check Key Rule Changes ...Read More >
Mumbai: Tenneco Clean Air India Ltd, a subsidiary of global auto component supplier Tenneco Group, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering (IPO) of Rs 3,000 crore. The issue is a pure offer for sale by promoter Tenneco Mauritius Holdings Ltd, with no fresh issue of shares. Accordingly, the company will not receive any proceeds from the IPO. Tenneco Clean Air India operates 12 manufacturing facilities and p ...Read More >
Bengaluru : Foodlink F&B Holdings (India), a catering and food retail chain company, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO is a mix of fresh issue of equity shares of up to Rs 160 crore and an offer for sale of over 1.19 crore shares by promoters and investor selling shareholders, according to the draft red herring prospectus (DRHP). As part of the OFS, promoters -- Ankita Chugh, Trans Global Hotels LLP ...Read More >
Mumbai, June 29 (SocialNews.XYZ) It was a belligerent, brilliant, and breathtaking performance from the Chennai Bulls, who were crowned the first ever champions of the Rugby Premier League, here in Mumbai, at the Shahaji Raje Bhosale Sports Complex. The Chennai Bulls thrashed the Delhi Redz by a scoreline of 41-0 in the final, to clinch the title. In fact, the margin of victory is the biggest across Season 1 of the GMR RPL. Meanwhile, the Hyderabad Heroes, who had finished top of the table in t ...Read More >
New Delhi, Jun 29 (PTI) Cloud kitchens operator Curefoods India on Sunday filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 800 crore, and an offer-for-sale of 4.85 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). As part of the OFS, Curefit Healthcare, Iron Pillar PCC, Crimson Winter, Accel In ...Read More >
New Delhi, Jun 29 (PTI) Cloud kitchens operator Curefoods India on Sunday filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The proposed IPO is a combination of fresh issuance of shares worth Rs 800 crore, and an offer-for-sale of 4.85 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP). Also Read | How To Spot a Fake Website? PIB Fact Check Shares 5 Simple Tips To Id ...Read More >
New Delhi, Jun 27 (PTI) The initial share sale of HDB Financial Services Ltd, a subsidiary of HDFC Bank, got subscribed 16.69 times on the closing day of bidding on Friday, amid encouraging participation from institutional buyers. The initial public offer (IPO) received bids for 2,17,67,62,140 shares against 13,04,42,855 shares on offer, according to details available on the NSE. Qualified Institutional Buyers (QIBs) part garnered 55.47 times subscription while the category for non-institution ...Read More >
New Delhi, Jun 26 (PTI) The Rs 852-crore initial public offer of Ellenbarrie Industrial Gases Ltd attracted 22.19 times subscription on the last day of bidding on Thursday. The three-day IPO received bids for 33,52,79,311 shares, as against 1,51,08,983 shares on offer, as per NSE data. Qualified Institutional Buyers (QIBs) quota received 64.23 times subscription, while the category for non-institutional investors got subscribed 15.21 times. The portion for Retail Individual Investors (RIIs) fe ...Read More >
New Delhi, Jun 26 (PTI) The initial share sale of HDB Financial Services Ltd, a subsidiary of HDFC Bank, subscribed 1.16 times on day two of the offer on Thursday. The Rs 12,500-crore initial public offer (IPO) received bids for 15,11,23,780 shares against 13,04,42,855 shares on offer, according to details available on the NSE. Non-institutional investors part attracted 2.29 times subscription, while the quota for qualified institutional buyers (QIBs) subscribed 90 per cent. The portion for re ...Read More >
New Delhi | June 6, 2025 - All eyes are on the Reserve Bank of India (RBI) today as the central bank's Monetary Policy Committee (MPC) wraps up its three-day meeting and announces its decision at 10 a.m. RBI Governor Sanjay Malhotra is widely expected to slash the repo rate, but the scale of the cut -- 25 or 50 basis points (bps) -- remains a point of intense debate among economists and market participants. Also Read: Vijay Mallya Issues Rare Message to Kingfisher Employees, Says "I...." Most ...Read More >
Bengaluru: Fugitive liquor baron Vijay Mallya approached the Karnataka High Court on Wednesday seeking direction to banks to provide details of the total amount recovered against loans obtained by him, United Breweries Holdings Limited (UBHL, now in liquidation). Considering the plea, the High Court has issued notices to concerned banks in this regard. The bench headed by Justice R. Devadas passed the order issuing notices to banks, and recovery officers and adjourned the matter till February ...Read More >
UDAIPUR, India, Feb. 3, 2025 /PRNewswire/ -- IIM Udaipur proudly hosted the inaugural Roundtable of the JM Financial Centre for Financial Research, themed 'India @2047: The Role of BFSI.' The event brought together distinguished industry leaders and experts to discuss the BFSI sector's transformative role in shaping India's economic future through trends, innovations, and strategic initiatives for inclusive and sustainable growth. The insightful discussion was moderated by Prof. Ashok Banerjee, ...Read More >
New Delhi, Jan 22 (PTI) Water purifier company Kent RO Systems Ltd has filed preliminary papers with markets regulator Sebi seeking approval to float an initial public offering (IPO). The issue is completely an offer of sale (OFS) of 1 crore equity shares by promoters, according to the draft red herring prospectus (DRHP) filed on Tuesday. Also Read | Ladki Bahin Yojana January 2025 Instalment Date: When Will Women Beneficiaries Receive INR 1,500 in Maharashtra?. Promoters Sunita Gupta, Mahesh ...Read More >
New Delhi, Dec 12 (PTI) The initial public offer of Inventurus Knowledge Solutions Ltd, which provides healthcare support services, got subscribed 1.36 times on the first day of share sale on Thursday. The initial share sale received bids for 1,40,74,698 shares against 1,03,66,780 shares on offer, as per NSE data. Also Read | RRB JE Exam 2024 Admit Card Out at rrbapply.gov.in: Hall Ticket for 7,951 Junior Engineer Posts CBT 1 Examination Released, Know Steps To Download. The Retail Individual ...Read More >
New Delhi, Dec 12 (PTI) The initial public offer of Inventurus Knowledge Solutions Ltd, which provides healthcare support services, got subscribed 1.36 times on the first day of share sale on Thursday. The initial share sale received bids for 1,40,74,698 shares against 1,03,66,780 shares on offer, as per NSE data. The Retail Individual Investors (RIIs) part fetched 1.67 times subscription, while the Qualified Institutional Buyers (QIBs) quota got subscribed 1.54 times. Non-Institutional Invest ...Read More >
also read From RBI policy to GDP data to FII flow: Here are 5 factors that will impact market this week JM Financial in a recent report said that foreign investors may be heading back to the United States amid growing optimism about the growth of the world's largest economy with Donald Trump coming back to power. The report highlighted that the sell-off in the Indian market started as a "Sell India, Buy China" trade post the Chinese government announcing stimulus measures for the economy in Sep ...Read More >
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