IPO
Advertisement
India Projected for 9.5% Salary Increase in 2025 as Attrition Rate Declines, Report
Doubling-digit increase is also projected in the engineering and manufacturing and retail industries, behind only financial institutions with a 9.9 percent increase, meaning talent is the strategic advantage employers in those sectors want to achieve in the current economic environment as Aon, a global professional services firm, concludes in its report.
Logistics Firm Western Carriers Raises Rs 148 Crore from Anchor Investors
"Western Carriers (India) Limited has allotted 85,96,743 Equity Shares to 15 anchor Investors and mobilised ₹148 crore ahead of company's proposed IPO at the upper price band of ₹172 per equity share (including premium of ₹167 per equity share) with face value of ₹5 per share," the filing said.
Stanley Lifestyles Secures Rs 161 Crore from Anchor Investors Ahead of IPO
Some marquee names in the list of anchor investors are SBI Mutual Fund, Nippon India Mutual Fund, ICICI Prudential Mutual Fund, HDFC Mutual Fund, Quant Mutual Fund, Motilal Oswal Mutual Fund, Bandhan Mutual Fund, SBI Life Insurance Company, and Max Life Insurance Company. The information has been cleaned from a circular issued on the website of BSE.
SEBI Approves Ola Electric's Rs 5,500 Crore IPO
The IPO would have a fresh issue of ₹ 5,500 crore and an offer for sale of 9.51 crore equity shares. The draft red herring prospectus stated that Bhavish Aggarwal would sell 4.7 crore equity shares through OFS. Representative image Indus Trust, a promoter group, will offload 41.78 lakh shares.
Hyundai Motor India Prepares for $3 Billion IPO Launch
If regulators approve an IPO of this size, it would be India's biggest ever after the government-owned Life Insurance Corporation of India raised $2.7 billion last year.
FirstCry Seeks Rs 1,816 Crore in IPO with Refiled Documents
In its initial draft that it had filed last December, SEBI had raised concerns about key metrics of the startup that were not disclosed. Now, with the revised DRHP, FirstCry hopes to go ahead with the IPO plans.
Fintech Giant MobiKwik Reapplies for IPO, Aiming to Raise Rs 700 Crore
This DRHP notably excludes any offer-for-sale (OFS) component, instead targeting a pre-IPO round to secure Rs 140 crore.
Advertisement