IPO
- Business
Hyundai Motor India files draft papers for Rs 25,000 crore IPO
Mumbai: Hyundai Motor India Limited, the Indian arm of the South Korean auto giant, on Saturday, filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI)…
- Business
Oyo to refile its IPO papers post-refinancing existing loan
New Delhi: Hospitality major Oyo will refile its initial public offering (IPO) papers with markets regulator Securities and Exchange Board of India (SEBI) after refinancing its existing $450 million Term Loan B…
- Business
FirstCry refiles papers for IPO to raise Rs 1,816 crore
New Delhi: Mother and child care e-commerce platform FirstCry has refiled its draft red herring prospectus (DRHP) for an initial public offer (IPO) with the Securities and Exchange Board of India (SEBI),…
- Business
Ullu Digital to go public, files IPO papers to raise Rs 135-150cr
New Delhi: Over-the-top (OTT) streaming platform Ullu Digital has filed a draft red herring prospectus (DRHP) for an initial public offering (IPO) to raise around Rs 135-150 crore. The Ullu platform has…
- Business
IPO-bound Ola Electric gets certification for 2nd e-scooter under govt’s PLI scheme
New Delhi: Bhavish Aggarwal-led Ola Electric has received certification for its S1 Pro (Gen-2) electric scooter under the government’s production-linked incentive (PLI) scheme for the automobile and auto component industry. Sources told…
- Business
IPO-bound Swiggy’s losses widen to Rs 4,179 cr in FY23, revenue up 45%
New Delhi: Online food delivery platform Swiggy’s net losses expanded to reach Rs 4,179 crore in the financial year ended March 31, 2023. The IPO-bound Swiggy’s operating revenue jumped around 45 per…
- News
Ola Electric files DRHP with SEBI, aims to raise Rs 5,500 via IPO: Report
New Delhi: Homegrown electric two-wheeler manufacturer Ola Electric has filed its draft red herring prospectus (DRHP) with capital markets regulator Securities and Exchange Board of India (SEBI), a media report said on…
- Middle East
Dubai Taxi to offer 24.99% stake in IPO
Abu Dhabi: Dubai Taxi Company (DTC) has announced the launch of its initial public offering (IPO), offering 624,750,000 shares, which represents 24.99 percent of its capital, Dubai Media Office (DMO) reported. The…
- Middle East
Abu Dhabi-based LuLu Group to launch IPO in first half of 2024
Abu Dhabi-based leading hypermarket chain and mall operator in the Middle East, LuLu Group International, expects to launch its initial public offering (IPO) in the first half of 2024. Speaking to media on…
- Middle East
Lulu Group to raise Rs 22,500 crore ahead of IPO listing
Abu Dhabi-based leading hypermarket chain and mall operator in the Middle East, LuLu Group International, is seeking to raise Dirhams 10 billion (Rs 22,500 crore), ahead of a possible initial public offering (IPO)…
- Business
IPO-bound Ola Electric recorded operating loss of $136 mn in FY23: Report
New Delhi: IPO-bound Ola Electric has reportedly recorded an operating loss of $136 million (roughly Rs 1,116 crore) and revenue of $335 million (roughly Rs 2,750 crore), missing its revenue goal disclosed…
- Technology
Alibaba to make significant job cuts amid IPO plans
Hong Kong: Chinese internet giant Alibaba is making significant job cuts, reportedly around 7 percent of its workforce, as it plans separate IPOs for its various business groups. In March, Alibaba Group…
- India
Hindenburg Research’s expose: Adani Group to go forward with planned IPO
As the Adani Group tries to grapple with the Hindenburg Research report that accused them of financial fraud, mounting debts and offshore tax havens, the former has announced that it will go…
- Business
IPO fundraising in India halves in 2022
New Delhi: Forty Indian corporates raised Rs 59,412 crore through main board IPOs in calendar year 2022, half of the Rs 1,18,723 crore (all-time high) mobilised by 63 IPOs in 2021, according…
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