January 9, 2025
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Lenskart calls on bankers for $1 billion IPO pitch Eyewear startup Lenskart has approached investment bankers to pitch for its upcoming initial public offering (IPO), with the company aiming to raise between $750 million and $1 billion. The company is targeting a valuation of $7-8 billion and is expected to list on the stock exchange […]
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Roadshows for HDB Financial’s IPO underway International roadshows are underway for the multi-billion IPO of HDFC Bank’s non-banking arm, HDB Financial Services. Senior officials of the bank and HDB Financial are meeting large investors in the UK, the US, Singapore and Hong Kong. Large foreign funds, including sovereign funds and pension funds, have been contacted to understand their appetite to […]
Read more..Maharastra Gas Rs. 1000 Cr. IPO coming Maharashtra Natural Gas Ltd (MNGL), a joint venture between Bharat Petroleum Corporation Ltd (BPCL), GAIL, and Indraprastha Gas Ltd (IGL), is preparing for an Initial Public Offering (IPO) worth over Rs.1,000 crore. BPCL confirmed the development in a filing with the stock exchange on January 6, stating that […]
Read more..Zomato-backed Magicpin set to join tech-IPO bandwagon Hyper-local e-commerce firm Magicpin, backed by investors such as Zomato and Light Speed Ventures, is planning to go public in 2025 and has initiated talks with investment banks and law firms to appoint advisors for the IPO, people aware of the matter told. Magicpin allows customers to discover […]
Read more..Coworking space firm Indiqube files DRHP Indiqube, a Bengaluru-based coworking space provider, has filed a draft red herring prospectus (DRHP) for its Rs 850-crore initial public offering (IPO). The company plans to raise Rs 750 crore in fresh capital, while its founders, Rishi Das and Meghna Aggarwal, will sell shares worth Rs 100 crore through […]
Read more..Bollywood-Backed Real Estate Firm Lotus Plans Rs 1,000 Crore IPO Sri Lotus Developers & Real Estate, the real estate firm backed by Bollywood celebrities, is gearing up for an IPO expected to raise approximately Rs 1,000 crore. The IPO is anticipated to be a star-studded event, with notable Bollywood figures such as Amitabh Bachchan, Shah […]
Read more..Schloss (Leela Hotels) files DRHP for Rs 5,000 crore IPO Schloss Bangalore Plans Major IPO: A Game Changer for the Indian Hospitality Sector Following the successful IPOs of several renewable and non-banking companies, hotel chain Schloss Bangalore is gearing up for its own initial public offering (IPO). The company, which operates the prestigious Leela Palaces, […]
Read more..HDFC Bank approves IPO of HDB Financial Services The board of HDFC Bank has given its in-principle approval to take its financial services unit HDB Financial Services public through an initial public offering (IPO).Under the IPO, the fresh equity sale will be Rs 2,500 crore. There will be an offer-for-sale component, where interested existing and […]
Read more..TruAlt Bioenergy Files IPO Papers for Rs 750 Crore Fresh Issue TruAlt Bioenergy, a leading biofuels producer in India, has submitted preliminary IPO documents to the Securities and Exchange Board of India (SEBI). This initial public offering (IPO) will include a fresh issue of shares worth Rs 750 crore, along with an offer-for-sale of 36 […]
Read more..JSW Cement Files for Rs 4,000 Crore IPO: Fresh Issue and OFS Details Revealed JSW Cement, part of the Sajjan Jindal-led JSW Group, has officially submitted its DRHP) to the SEBI for a major IPO aiming to raise Rs 4,000 crore. This upcoming IPO marks the biggest public offering in the cement sector since Nuvoco […]
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