IPO-bound company Swiggy, which delivers food and groceries in India, is set to release its IPO in a few weeks. Before that, they announced on Monday its fifth ESOP (Employee Stock Ownership Plan). Under this plan, various levels and functional employees have access to funds worth Rs. 540 crore. With this fifth liquidity event since …
The well-known food delivery platform, Swiggy is set to come up with its IPO with a size of $1.25 Billion after it got approval from its Shareholders, The Bangalore Company is going to raise to Rs.3750 crores via fresh issue and Rs.6,664 crores via Offer for Sale as reported. Current Shareholding Pattern Dutch-listed Prosus, which …
Resourceful Automobile made its much-anticipated debut on the stock market on Thursday, but it wasn’t just another SME IPO. With only eight employees and two Yamaha showrooms in New Delhi, the company caught the market’s attention with its surprisingly high subscription numbers. The stock, which saw bids worth nearly Rs 5,000 crore for an issue …
Premier Energies IPO, which opened for subscription on August 27, 2024, will close on August 29, 2024. The IPO is a book-built issue worth ₹2,830.40 crore, consisting of a fresh issue of 28,697,777 shares totalling ₹1,291.40 crore and an offer for sale of 3,42,00,000 shares of ₹1, totalling ₹1,539.00 crore. Kotak Mahindra Capital Company Limited, …
National Infrastructure Trust (NIT), according to the reports, has just filed its Draft Red Herring Prospectus (DRHP) with SEBI, with a target to raise a hefty Rs 1,600 crore through its upcoming IPO. Backed by Gawar Construction Ltd (GCL), this infrastructure investment trust is looking to make an impact in the market. What’s on Offer? …
The National Stock Exchange (NSE) has renewed its efforts to go public by filing for a no-objection certificate (NOC) with the Securities and Exchange Board of India (Sebi) for its long-awaited initial public offering (IPO). This move comes after Sebi informed the Delhi High Court earlier this month that NSE had not submitted any new …
The recent initial public offering (IPO) of Resourceful Automobile, a Delhi-based two-wheeler dealership, has sent shockwaves through the Indian market. Despite its modest size, with just two outlets and a workforce of eight, the company’s ₹12 crore IPO received an astounding response, attracting bids worth nearly ₹4,800 crore. Founded in 2018 under the Sawhney Automobile …
Gala Precision Engineering Ltd., a leading manufacturer of precision components, is set to raise Rs 167.93 crore through an initial public offering (IPO). The IPO is a book-built issue, combining both fresh issue shares and an offer for sale. Investors can subscribe to the IPO between September 2, 2024, and September 4, 2024, with the …
LG Electronics Inc. is considering an initial public offering (IPO) for its India business as part of a broader strategy to achieve $75 billion in electronics revenue by 2030. This move, if confirmed, would mark a significant milestone for the South Korean tech giant as it seeks to expand its footprint in one of the …
On September 21, 2010, Garuda Construction and Engineering Limited was established as a publicly traded company. It is registered with the Registrar of Companies, ROC Mumbai, and is categorized as a non-government organization. The company has an authorized share capital of Rs. 500,000,000 and a paid-up capital of Rs. 373,708,710. The company is putting the …
