A Brief Overview Diagnostics-focused Vijaya Diagnostics Centre Limited has filed a draft red herring prospectus (or DRHP) with the Securities and Exchange Board of India (or SEBI) for an initial public offering (or IPO). If this IPO is approved, it would allow its investors a partial exit from the company. Vijaya Diagnostics is one of …
An Overview of the Company Functioning within the country’s fast-paced and ever-growing online pharmaceutical sector, Pharmeasy’s parent company API Holdings has begun to consider the possibility of going public by way of issuing an initial public offering (or IPO). Aimed at raising INR 3,000 to INR 3700 Crores, this IPO would witness the company’s valuation …
India’s largest insurance provider, Life Insurance Corporation of India (LIC), is gearing up to go public by the end of FY 22. With an estimated valuation of Rs. 10 lakh crores, LIC’s IPO will be the biggest in this country to date. Government plans to divest up to 25% of India’s largest insurer, with initial disinvestment …
Robinhood Markets, Inc. filed paperwork for its much-anticipated initial public offering. Let’s take a closer look at the IPO The company filed an S-1 with the Securities and Exchange Commission (SEC), signalling its intent to go public. It plans to trade under the ticker symbol of “HOOD” on the NASDAQ stock exchange. However, Robinhood did …
Leading Indian clothing brands, Fabindia and GoColors are preparing to go public by 2021’s end. While GoColors aims to raise Rs. 800 – Rs. 1000 crores, the ethnic apparel brand, Fabindia expects to acquire a sum of Rs. 3000 crores. Fabindia, GoColors plan to go public According to reports, GoColors started preparing for an IPO …
An Overview of the Company Previously operating under the name One97 Communications, Paytm serves as the country’s leading provider for carrying out any and all digital payments. It hopes to acquire a valuation of approximately USD 25 billion to USD 30 billion for its upcoming initial public offering (or IPO). Offering its clients full-stack payments, …
The Government of India has proposed to bring in nearly two dozen anchor investors to inject Rs. 25000 crores in the Life Insurance Corp. of India IPO. The broad structure of LIC will undergo a change followed by the adoption of new accounting norms even before the IPO kick starts. As per the government report, …
Medical equipment manufacturer Skanray Technologies filed its preliminary papers for an initial public offering (IPO) with SEBI. Let’s take a look at its plan of action. Skanray decides to go public Per its draft red herring prospectus, Skanray Technologies IPO comprises new share issuance of up to Rs. 400 crores. Additionally, the IPO includes an Offer-for-Sale aggregating …
While the world shut down in the pandemic, some Indian companies witnessed tremendous growth. At least 15 companies launched their IPO in 2020 and received great subscription numbers. The IPO window is wide open this year as well with several big names such as LIC, Nykaa, Zomato, Go Air, etc. looking to go public. This …
Established in 2009 in Gandhinagar, Walpar Nutritions is a manufacturer of food supplements, Ayurvedic, sexual wellness, cosmeceuticals, and nutraceutical products. They come with around 100+ formulations of different products under various segments. These segments include diabetic, antibiotic, pain management, dermatology, and gastro-intestinal, among others. It manufactures around 23 lakhs tablets, 12.5 lakhs capsules, and 1.5 …
