Inox Wind, a wind energy service provider, said on Tuesday that its significant subsidiary Inox Green Energy filed a draft red herring prospectus with the market regulator SEBI for an initial public offering on February 7, 2022. The proposed offer includes a new issuance of equity shares worth up to Rs 370 crore and a …
Inox Green Energy Services Ltd., the material subsidy of wind energy provider Inox Wind is planning to raise Rs. 500 crores via a public offering. In an exchange filing, it has stated that its Board of Directors has approved the fundraising through IPO in a meeting held on 6 December 2021. Go through the following …
An Overview VLCC Health Care Ltd, which is planning an initial public offering, has raised approximately Rs 37 crore via the sale of shares to a foreign corporation. According to a statement with the corporate affairs ministry, the Bahamas-based Zall Holdings Ltd. has been issued 6,27,804 equity shares worth roughly Rs 37 crore. VLCC, a …
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! …
