IPO - Angel One - Page 283

Delhivery is among the leading new age supply chain and logistics chains in India. This Gurgaon-based company converted itself into a private limited company right before filing its initial draft papers. Notably, this is a crucial mandate laid down by SEBI that companies must follow before getting listed on stock exchanges. Here’s more on this …

The Chennai-based Radiant Cash Management Services, an integrated cash logistics player, has filed a draft red herring prospectus with SEBI for its IPO (Initial Public Offering). The Ascent Capital-backed company will raise funds worth Rs. 60 crores via issuance of new shares. This IPO will also comprise an OFS (offer for sale) of over 30 …

As per the latest information, the Rakesh Jhunjhunwala Metro Brands IPO was subscribed 3.64 times on 14 December 2021. The footwear speciality retailer’s public issue received bids for 6,96,06,480 shares, while 1,91,45,070 equity shares were reserved in total. The company sells footwear under several of its own popular brands such as Metro, Da Vinchi, Mochi, …

Syrma SGS Technology IPO Syrma SGS Technology, a technology-focused engineering and design firm, has submitted DRHP for an IPO with the capital markets regulator. Promoter Veena Kumari Tandon has offered to sell up to 33,69,360 shares as part of the offer, which is valued Rs 926 crore. The corporation may pursue a rights issue, private …

With as many as ten public issues already offered in December, the last month of 2021 is quite a hectic period for the IPO industry. Today, on the 16th of December 2021, Supriya Lifescience has come up with its Rs. 700 Cr worth of offering. This three-day offer comprises Rs. 200 Cr worth issue of …

PB Fintech, the parent company of online marketplaces such as PaisaBazaar and PolicyBazaar, has received SEBI’s approval for its initial public offering. The company filed its DRHP on 2 August 2021 to raise Rs. 6,017 crores through a public offering. According to people familiar with the developments, PB Fintech would be having a valuation of …

India’s leading digital payment platform, Paytm, is mulling to scrap its pre-IPO share sale worth around Rs. 2,000 crores ahead of its planned IPO. As per people familiar with the internal developments, valuation differences have compelled Paytm to reconsider its decision for a pre-IPO sale. Paytm might choose to avoid the pre-IPO share sale and …

One of India’s premier beauty and wellness product retailers FSN E-Commerce Ventures Ltd (Nykaa), is going live with its public issue on 28 October 2021. The IPO will remain open for 3 days and close on 1 November 2021. As per reports, the company has plans to generate about Rs. 5,200 crores and this will …

India’s leading digital payment platform Paytm, has finally received the green signal from market regulator SEBI to float its initial public offering worth Rs. 16,600 crores. If Paytm manages to raise its IPO target, it will overtake Coal India‘s IPO in 2013 where the government entity raised over Rs. 15,000 crores. SEBI cleared the IPO …

Fino Payments Bank Ltd. will be opening its initial public offering (IPO) on 29 October and closing on 2 November 2021. This IPO will consist of freshly issued equity shares of Rs. 300 crores and an OFS of 15.6 million shares by the existing stakeholders. The fintech company may consider a pre-IPO placement of up to Rs. …