March 24, 2025
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Meesho plans $1 billion IPO at valuation of $10 billion SoftBank-backed Meesho, the rapidly growing homegrown e-commerce platform, is preparing for a public listing later this year, with plans to raise approximately $1 billion through an Initial Public Offering (IPO). Sources close to the company have revealed that Meesho is making significant progress in its […]
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Fujiyama Power Systems, a leading player in India’s rooftop solar industry based in Noida, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI), marking its re-entry into the Initial Public Offering (IPO) market. The company plans to raise up to Rs 600 crore through this offering, which […]
Read more..Belrise Industries is a leading automotive component manufacturer based in India, specializing in safety-critical systems and engineering solutions for a wide range of vehicles, including two-wheelers, three-wheelers, four-wheelers, commercial vehicles, and agri-vehicles. Our product portfolio includes metal chassis systems, polymer components, suspension systems, body-in-white components, exhaust systems, and more. Our products are compatible with both […]
Read more..Info Edge-backed NoPaperForms Hires Bankers for Rs 500-Crore IPO NoPaperForms, an enrolment automation firm backed by Info Edge, has appointed IIFL Capital and SBI Capital as its investment bankers for an initial public offering (IPO) valued at approximately Rs 500-600 crore, sources told Chanakya. The Gurugram-based company, targeting a valuation of around Rs 2,000 crore, […]
Read more..Matrix Gas & Renewables’ order book crosses Rs 1000 crore as investments in Green Hydrogen infra pick up pace Gujarat-based Matrix Gas & Renewables Ltd. has achieved an order book of Rs 1,250 crore in FY23-24 as demand for equipment to manufacture green hydrogen picks up in the Indian economy. With Union Budget 2025 allocating […]
Read more..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 […]
Read more..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 […]
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XYZ IPO-DRHP filed
XYZ Ltd IPO: DRHP Details, Issue Size, Financials & Chanakya Review One-line about company + IPO filing. Company: XYZ ltd DRHP filed on: xxxxx Issue Size: XXX About the company Address: Financial Snapshot ( last 2 years) Period Ended Revenue (Rs. Cr) PAT (Rs. Cr) Mar-25 500 72 Mar-24 420 61 Chanakya’s View: Upcoming IPOs […]
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 […]
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