Ipo

Lyft to Seek Valuation of Over $20 Billion in Its IPO: Report

Reuters | Monday March 18, 2019

Lyft will be seeking to convince investors to make large commitments to its IPO, rather than hold out for its larger rival Uber.

Markets Regulator Sebi Mulls Reducing Rights Issue Listing Time

Business | Press Trust of India | Sunday March 17, 2019

In September last year, the Sebi decided on reducing the time to lists hares on the bourses after IPO to 3 days from the present 6.

State-Run E-Commerce Firm MSTC's IPO Fully Subscribed

Business | Thomson Reuters | Friday March 15, 2019

The government, which owns an 89.85 per cent stake in MSTC, is aiming to sell up to 25 per cent of its share.

Uber Said to Plan IPO for April, on the Heels of Lyft

Reuters | Friday March 15, 2019

Uber Technologies is planning to kick off its initial public offering in April, putting it close on the heels of smaller rival Lyft Inc, people familiar with the matter said on Thursday.

Uber Said to Hire More IPO Underwriters as It Prepares to Go Public

Reuters | Wednesday March 13, 2019

Uber has hired a string of investment banks to its syndicate of IPO underwriters, as it ramps up preparations for a market debut, people familiar with the matter said.

IPO Market Sees Greenshoots, But Revival Unlikely Until Election

Business | Thomson Reuters | Tuesday March 12, 2019

Embassy Office Parks REIT's IPO consisting of a fresh issue worth up to Rs 5,250 crore, India's first real estate investment trust listing, will open on March 18, the company said on Tuesday.

Jeans Maker Levi Strauss IPO Expects To Raise As Much As $587 Million

Business | Thomson Reuters | Monday March 11, 2019

The company expects to offer 3.67 crore shares priced between $14 and $16, giving it a market value of about $6.17 billion, at the higher end of the range.

Lyft Outlines IPO Plans That May Pay Big for Some of Its Drivers

Hamza Shaban, The Washington Post | Saturday March 2, 2019

Lyft said it earned $2.2 billion in revenue last year, doubling what it made in 2017, according to the regulatory filing.

Pinterest Confidentially Files for IPO, Report Claims

Reuters | Friday February 22, 2019

Pinterest has confidentially filed with the US SEC for an initial public offering, the Wall Street Journal reported.

Reliance General Insurance Files For Initial Public Offering

Business | Thomson Reuters | Tuesday February 12, 2019

Reliance General Insurance IPO: The public offer will include sale of up to 7.95 crore shares by Reliance Capital.

Walmart May Exit Flipkart Due To New FDI Rules: Morgan Stanley

Business | IANS | Tuesday February 5, 2019

According to the report, Walmart-Flipkart saga might turn out to similar to what happened with Amazon in China in late 2017.

Slack Makes Confidential Filing to Go Public

Reuters | Tuesday February 5, 2019

Slack still plans to pursue a direct listing as opposed to a traditional IPO as early as the spring, according to a source familiar with the matter, Reuters claimed.

Uber Calls on Europe to Step Up Investment in Public Transport

Natalia Drozdiak, Blooomberg | Wednesday January 16, 2019

Uber is making a new pitch to European officials: invest in public transportation.

Airbnb Says Profitable for Two Straight Years Amid IPO Talks

Reuters | Wednesday January 16, 2019

Airbnb's expected listing in 2019 would be among a string of public debuts by highly valued Silicon Valley companies.

Slack Said to Seriously Consider Direct Market Listing

Reuters | Monday January 14, 2019

The plan for a direct listing will make Slack the second big technology company after Spotify to bypass a traditional IPO process in going public.