Ipo

Anupam Rasayan To Set Up Rs 43 Crore Solar Power Plant

Business | ANI | Saturday May 8, 2021

Anupam Rasayan issued a letter of intent to install solar power by investing a sum of Rs 43 crore. The entire capital expenditure will be funded from the company's recently concluded IPO proceeds.

Nuvoco Vistas Files IPO Papers

Business | Edited by Peter Noronha | Friday May 7, 2021

Nuvoco Vista IPO will consist of a fresh issue of shares worth up to Rs 1,500 crore and an offer for sale amounting to Rs 3,500 crore

PowerGrid InvIT IPO Subscribed Nearly 5 Times

Business | Edited by Peter Noronha | Tuesday May 4, 2021

Powergrid InvIT's IPO was subscribed 4.63 times in the qualified institutional buyers segment and 4.92 times in the non-institutional investor category

PowerGrid InvIT IPO Subscribed 59% By Second Day

Business | Edited by Peter Noronha | Sunday May 2, 2021

PowerGrid Infrastructure Investment Trust (PowerGrid InvIT)'s initial public offering received bids for 25,17,42,700 units out of the 42,54,25,000 units on offer

PowerGrid InvIT IPO Opens Today. Here Are Key Things To Know

Business | Edited by Peter Noronha | Thursday April 29, 2021

PowerGrid Infrastructure Investment Trust IPO consists of a fresh issue of Rs 4,994 crore and an offer for sale amounting to Rs 2,741.50 crore

Key Things To Know About Zomato's Proposed Rs 8,250 Crore IPO

Business | Edited by Nikita Prasad (With Inputs From Reuters) | Wednesday April 28, 2021

Online food ordering and delivery startup Zomato filed for an initial public offering of up to Rs 8,250 crore on Wednesday, April 28, as food delivery witnessed a surge amid the ongoing second wave of the COVID-19 pandemic in the country. Zomato is backed by China's Ant Group and was incorporated in 2008. It is now one of the most prominent startup...

Zomato Files for Rs. 8,250-Crore IPO as Food Delivery Surges in Pandemic

Reuters | Wednesday April 28, 2021

Zomato has filed for an IPO of up to Rs. 8,250 crores as consumers increasingly turn to ordering food online during the COVID-19 pandemic.

Info Edge India Shares Rise After Zomato Files Papers For IPO

Business | Edited by Abhishek Vasudev | Wednesday April 28, 2021

Zomato filed draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) to raise up to Rs 8,250 crore via IPO.

Zomato Files For $1.11 Billion IPO As Food Delivery Surges In Pandemic Times

Business | Reuters | Wednesday April 28, 2021

Zomato IPO: Launched in 2008, Zomato is one of India's most prominent startups; it is present in 24 countries and employs more than 5,000 people

PowerGrid InvIT IPO To Open On April 29

Business | Edited by Peter Noronha | Sunday April 25, 2021

PowerGrid Infrastructure Investment Trust IPO: This is first ever InvIT (infrastructure investment trust) IPO by a state-owned company and will be the third InvIT to be listed on Indian bourses

Moody's Investors Service Changes Macrotech Rating Outlook To Positive

Business | ANI | Saturday April 24, 2021

The outlook on the ratings has been changed to positive from stable. The rating action follows completion of MDL's initial public offering (IPO) and successful listing on the Indian stock exchanges on April 19.

Aditya Birla Capital Rises Over 2% As Subsidiary Files IPO Papers

Business | Edited by Peter Noronha | Tuesday April 20, 2021

The IPO will comprise anoffer for sale of up to 2.9 million shares held by the company in Aditya Birla Sun Life AMC and up to 36 million shares held by Sun Life (India) AMC Investments in Aditya Birla Sun Life AMC

IPO Boom Spurs ICICI Bank's Biggest Hiring Push In 4 Years

Business | Baiju Kalesh, Bloomberg | Wednesday April 21, 2021

India is joining the global share sale frenzy thanks to liquidity in the market with foreign investors and retailers looking for new ideas to invest.

Glenmark Arm Files Papers For Rs 1,160 Crore Glenmark Life Sciences' IPO

Business | Edited by Abhishek Vasudev | Monday April 19, 2021

The IPO comprises a fresh issue of up to Rs 1,160 crore and an offer for sale of up to 73.05 lakh equity shares by Glenmark Pharmaceuticals.

Macrotech Developers Debuts At 10% Discount In A Weak Market

Business | Edited by Peter Noronha | Monday April 19, 2021

Macrotech Developers IPO: The Rs 2,500-crore initial public offering was subscribed 1.36 times; the qualified institutional buyers portion was subscribed 3.05 times, non-institutional investors segment, 1.44 times and retail participants' portion, 40 per cent