One of India’s leading artificial intelligence-based SaaS companies, Capillary Technologies, has filed DRHP with market regulator SEBI to go public. The draft red herring prospectus indicates that the total share sale is likely to be worth Rs. 850 crores, comprising both OFS and fresh issue equity shares. The dates of this initial public offering are …
The Campus Activewear IPO news buzz broke out on Friday when the company submitted a draft version of a red herring prospectus with the regulator, Securities Exchange Board of India (SEBI) to get their shares listed on the stock exchanges. The company is planning on doing so by offering shares tallying up to 5.1 crores currently …
The NSE Prime framework was created by India’s biggest stock market, the National Stock Exchange, to promote corporate governance. The project aims to inspire businesses to go above and beyond what regulatory authorities need and build stronger governance processes. Why is it necessary for India to improve its corporate governance standards? With the influx of local and …
As OYO awaits approval for its Rs. 8,430 crores Initial Public Offering, its early investors may stand to receive huge returns from their investment. However, many early and recent investors such as Sequoia, Lightspeed Ventures, Microsoft, Airbnb and the founder Ritesh Aggarwal do not plan to offload any shares. At the time of Microsoft’s US$5 million …
MedPlus Health Services, the second-largest pharmacy retailer in India, listed at Rs. 1,040 on the NSE and at Rs. 1,015 on the BSE. The company debuted on the stock market on 23 December 2021 at a fair 30.65% premium. This surge of around 40% is attributed to the strong IPO subscription figures and positive momentum …
The initial public offering of CMS Info Systems saw a subscription of 1.95 times by the end of its closing day. As of 23 December 2021, this IPO received 7,32,71,721 bids against 3,75,60,975 equity shares allotted by the company. As of March 2021, CMS Info Systems is the largest cash management firm in this nation. …
On Wednesday, 23 December 2021, Foxconn’s Indian subsidiary Bharat FIH filed DRHP (draft red herring prospectus) for an IPO (Initial Public Offering). The company now awaits approval from the market regulator SEBI to be able to raise Rs. 5,000 (US$662.97million) from the public issue. Bharat FIH is the Indian arm of the Hong-Kong listed FIH …
CMS Info Systems Subscription The CMS Info Systems IPO has received a lukewarm reaction from investors, with just 80 percent of the shares subscribed on the last day of bidding. In comparison to the IPO size of 3.75 crore equity shares, the offer has received bids for 2.99 crore equity shares. Non-institutional investors have bid 7% of …
India’s decade-old start-up firm, Snapdeal, has filed the preliminary documents for its IPO or Initial Public Offering. This company is one among many such tech firms keen to make their debut on the bourses with the aim of legitimising as well as raising capital for expansion. Get more details regarding the same here! Key Highlights …
Today, HP Adhesives will finalise the terms of its initial public offer (IPO) after receiving positive feedback during the three-day offer that was open from 15th December 2021 to 17th December 2021. The size of this issue is about 126 crores that including both, issue of fresh shares as well as the offer for sale of …
