December 30, 2024
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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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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..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 […]
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