An Overview of the Company Krsnaa Diagnostics, a diagnostics firm based in Pune, has filed a draft red herring prospectus with market regulator SEBI in order to launch an initial primary offering (IPO). The company may use the primary market to raise up to Rs. 1,200 crores. Krsnaa Diagnostics’ IPO Details According to the DRHP, …
An Overview of the Company Featured as a non-banking financial company that is heavily touted by HDFC Bank, HDB Financial Services Limited has sought to raise INR 8,600 Crores by issuing non-convertible debentures (or NCDs) in order to offset its expenses. While there has been talk of HDB launching an initial public offering, there have …
The shares of Tata Power rallied 15% on Monday after the news broke that the company is planning to raise funds for the IPO of its renewable energy unit. As per various reports, the company is in talks with different pension and sovereign funds for this purpose. This includes the Government of Singapore Investment (GIC) …
Course5 Intelligence, a data analytics firm, has filed a draft red herring prospectus with SEBI, the capital markets regulator, in order to acquire money via an initial public offering (IPO). The business plans to raise Rs 600 crore via a public offering that includes a new issue of shares worth Rs 300 crore and a …
LIC IPO is one of the most keenly-awaited IPOs in the market. The government has decided to disinvest a 3.5% stake in the company to raise Rs 21,000 crore in funding from the market. LIC has more than 27 crore policyholders and if you are one among them, you have more than one reason to …
Udaan, India’s biggest B2B e-commerce platform, has raised $250 million in debt and convertible notes. The Bengaluru-based company raised $200 million using a convertible note, which is a kind of short-term financing that converts to equity. The move is expected to pave the way for Udaan to go public in 18 months, boosting the company’s …
According to reports, Life Insurance Corporation (LIC) is planning to file its IPO papers with the market regulator during January’s last week. This news comes at a time when the government authorities are trying their best to make this public issue a grand success. The following sections contain more details on this topic. Keep reading! …
According to certain reports, the state-run insurer LIC is seeking a valuation of Rs. 15 lakh crores. Upon this, LIC will become the second-largest company in India, just behind Reliance Industries Ltd. (RIL). Further, this will bring TCS (Tata Consultancy Services) to third place, which is currently in the second position. Keep reading to know …
Edible oil giant Adani Wilmar has reduced the amount of its inaugural share offer from Rs 4,500 crore to Rs 3,600 crore. The firm, which distributes household oils under the Fortune name, is planning an IPO. AWL is a 50:50 joint venture between the Adani Group of Ahmedabad and the Wilmar Group of Singapore. The …
The digital learning platform Veranda Learning Solutions Pvt. Ltd. has made all arrangements to open its maiden public offering on 29 March 2022. Moreover, the company has fixed the price band for this IPO at Rs. 130 to Rs. 137 per equity share. Get more details on Veranda Learning Solutions Pvt. Ltd. IPO news in …
