IPO Corner

IPO Corner

Oyo, in which SoftBank owns a 46% stake and is one of its biggest bets, has endured months of layoffs, cost-cuts and losses during the global health crisis

Oyo may file for $1.2 bn IPO next week

Sep 23, 2021

The hotel aggregator is looking to list in India's financial capital of Mumbai and will consist of a fresh issue of shares as well as an offer for sale from existing shareholders

IPO Update: Paras Defence IPO subscribed 30.11 times on Day 2

IPO Update: Paras Defence IPO subscribed 30.11 times on Day 2

Sep 22, 2021

According to the subscription data available on the exchanges till 14:18 IST, the offer has received bids for 21,50,05,885 equity shares against the IPO size of over 71,40,793 equity shares.

Freshworks is looking at achieving a valuation of around $10 billion through US IPO

Freshworks raises US IPO price range, eyes $10 bn valuation

Sep 21, 2021

The San Mateo, California-based company expects to raise $969 million at the top end of its new price range of $32 to $34 per share, up from $28 to $32 per share earlier

The Modi government is pushing ahead with LIC's IPO in order to help it fix a widening budget lacuna as it targets a Rs 1.75 lakh crore disinvestment target

LIC IPO: Govt seeks $109 bn valuation for state insurer's mega public offer

Sep 15, 2021

The government is mulling a 5-10% stake sale in the life Insurance Corporation (LIC), that could fetch it between Rs 40,000 crore and Rs 1 lakh crore

Freshworks has raised funds from marquee investors including Accel and Tiger Global Management

SaaS-based tech firm Freshworks to raise $912 mn from IPO in US

Sep 14, 2021

In a filing with the US Securities and Exchange Commission (SEC), Freshworks Inc said it looks to offer 28.5 million Class A common shares at proposed maximum price per share of $32

A retail investor can apply for a lot comprising 1,600 shares for Rs 1,24,800.

Markolines Traffic Controls IPO to open on Sept 15: Issue size, lot size & other details

Sep 10, 2021

The IPO will comprise 51.28 lakh equity shares at a price of Rs 78 per equity share (including premium of Rs 68) aggregating to nearly Rs 40 crore

Shares of Sansera Engineering are likely to be listed at bourses on September 24, 2021.

Sansera Engineering IPO to open on September 14: Price band, issue size, lot size and more

Sep 10, 2021

Sansera Engineering IPO comprises of an offer for sale of 17.24 million shares by its existing shareholders and promoters

As a part of the offer-for-sale, Quinag Acquisition (FDI) Ltd will offload 3.9 crore equity shares and Mahadevan Narayanomani will sell 1 lakh shares

Healthium Medtech files draft papers with Sebi for IPO

Sep 07, 2021

The initial public offering (IPO) comprises fresh issuance of equity shares worth Rs 390 crore and an offer-for-sale of 3.91 crore equity shares by existing shareholders and promoters

WAPCOS provides consultancy, and engineering, procurement and construction services in the field of water, power and infrastructure sectors

Govt likely to launch WAPCOS IPO by March-end

Sep 05, 2021

DIPAM had in February floated tenders for engaging a registrar and an advertising agency for selling up to 25 per cent stake in WAPCOS through an IPO.

 Reddit US IPO

Reddit seeks to hire investment bankers, lawyers for US IPO

Sep 03, 2021

Reddit was valued at $10 billion in a private fundraising round last month. By the time the IPO takes place early next year, Reddit is hoping it will be valued at more than $15 billion

This month, SEBI had also placed the processing of Go Airlines' draft papers for the IPO in "abeyance"

Go First receives SEBI approval for Rs 3,600-cr IPO

Aug 30, 2021

Go First had filed DRHP for IPO in May. SEBI observations on IPO processing status came on August 27 and were made public on Monday