After Hyundai’s IPO created a buzz, LG Electronics India, the country’s second-largest home appliances and consumer electronics major, has filed its DRHP with SEBI. This IPO aims to raise ₹15,000 crore by offloading a 15% stake, potentially ranking as India’s 5th largest IPO. The valuation is expected to position LG India at approximately $12.5 billion. …
The technology-enabled healthcare solutions provider, Inventurus Knowledge Solutions IPO will open for subscription on December 12, 2024, and close on December 16, 2024. The IPO is a book-built issue worth ₹2,497.92 crore, entirely consisting of an offer for sale of 1.88 crore shares. The price band for the Inventurus Knowledge Solutions IPO is set between …
The ₹572.00 crore Mobikwik IPO is set to open for bidding subscription on December 11, 2024, and closes on December 13, 2024. In addition, Mobikwik IPO allotment is likely to be finalised on December 16, 2024. Mobikwik IPO will be listed on BSE and NSE with a tentative listing date of December 18, 2024. But …
One MobiKwik Systems Limited IPO (MobiKwik IPO) will be open for subscription from December 11, 2024, to December 13, 2024. The IPO is a book-built issue valued at ₹572.00 crores, consisting entirely of a fresh issue of 2.05 crore shares. The price band for the MobiKwik IPO is set between ₹265 and ₹279 per share, with a …
Edelweiss Alternative Asset Advisors (EAAA), the Subsidiary of Edelweiss has filed the Draft Red Herring Prospectus (DRHP) with the market regulator, the Securities and Exchange Board of India (SEBI) to float a ₹1,500 Cr IPO. Edelweiss Alternative Asset Advisors IPO is entirely an offer for sale (OFS). Edelweiss Securities and Investments Private Limited is the …
The Inventurus Knowledge Solutions IPO will offer 1.88 crore equity shares. The entire offering is through an offer-for-sale (OFS) mechanism. It will open on December 12 and close on December 16. The IPO aims to raise funds for business expansion. IPO Structure and Reservations The issue is divided into specific reservation categories to ensure a …
The India IPO market is buzzing with activity this week, offering investors a mix of opportunities across various industries. On the mainboard, 5 companies are gearing up to make their debut, including International Gemmological Institute (India) Limited, Inventurus Knowledge Solutions Limited, One MobiKwik Systems Limited, Sai Life Sciences Limited, and Vishal Mega Mart Limited. Upcoming …
The Indian subsidiary of South Korean giant LG Electronics has officially filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). This move follows the landmark ₹27,870-crore IPO by Hyundai India two months ago, which marked the largest IPO in Indian history. LG …
Established in 2001, Vishal Mega Mart is a hypermarket chain that offers a diverse array of products, including clothing, groceries, electronics, and household essentials. They provide both their own brands and those of third parties to satisfy the daily needs of consumers. Vishal Mega Mart IPO The Vishal Mega Mart IPO is a book-built offering …
Canara Bank has received approval from the Reserve Bank of India (RBI) to divest equity stakes in its two subsidiaries, Canara Robeco Asset Management Company (AMC) and Canara HSBC Life Insurance Company, through Initial Public Offerings (IPOs). The planned divestments involve a 13% stake in Canara Robeco AMC and a 14.5% stake in Canara HSBC …
