NEW DELHI: After a sluggish start to 2025, the primary market is showing signs of revival with over a dozen companies having lined up their IPOs in the next three to six months buoyed by a stabilising secondary market and easing geopolitical tensions, merchant bankers said.Among the companies preparing to tap the capital markets are…
The primary market is set to witness heightened activity next week as four main-board initial public offerings (IPOs), including those from Schloss Bangalore Ltd and Aegis Vopak Terminals, are scheduled to hit Dalal Street, collectively aiming to raise over Rs 6,600 crore.Alongside Schloss Bangalore and Aegis Vopak Terminals, IPOs of Prostar Info Systems and Scoda…
BENGALURU: Fintech unicorns PhonePe and Razorpay have transitioned into public limited companies, signalling a step forward in their long-term plans to go public in India.The recent regulatory filings showed that PhonePe approved its conversion on April 3. The process includes changing the company’s name from PhonePe Private Limited to PhonePe Limited, though it still awaits…
MUMBAI: Education loan providers Credila Financial Services and Avanse are set to debut on the stock markets, with both companies preparing for IPOs. Credila plans to raise around Rs 5,000 crore, while Avanse aims for Rs 3,500 crore. Both IPOs will include a combination of fresh issues and offers for sale.Credila, formerly HDFC Credila, has…
NEW DELHI: Fundraising via IPOs in India hit another landmark as economic growth, favourable market conditions and improvements in the regulatory framework helped companies raise a record Rs 1.6 lakh crore in 2024, while the pipeline for the next year holds out bigger promise.This exceptional year not only reflected the confidence of issuers but also…
MUMBAI: Three IPOs (initial public offers) that opened on Thursday on Dalal Street- DAM Capital Advisors, Transrail Lighting and Mamata Machinery – were fully subscribed within hours, despite weak market sentiment. Ready to Master Stock Valuation? ET’s Workshop is just around the corner! Source link
NEW DELHI: The Securities and Exchange Board of India (Sebi) on Wednesday announced stricter regulation for small and medium enterprises (SMEs) initial public offerings (IPOs) to address concerns around transparency, governance, and the misuse of funds in the SME segment.The market regulator said that these will strengthen the SME IPO market, improve the quality of…
MUMBAI: Three large IPOs, all of which closed on Friday, have collectively attracted investor interest worth about Rs 2.2 lakh crore. The three companies – Vishal Mega Mart, Sai Life Sciences and One Mobikwik – had set out to mobilise Rs 11,615 crore from the public, data from the exchanges showed.Of these three IPOs, the…
MUMBAI: After Swiggy’s bumper listing on the bourses last month, Prosus is eyeing more initial public offerings in India, a market where it has invested more than $8 billion over the years. In an earnings presentation on Monday, the Dutch technology investor said that five Indian companies from its portfolio including Meesho, Bluestone and PayU…
NEW DELHI: BSE subsidiary Asia Index Private Ltd on Monday announced the launch of a new index called the BSE Select IPO. The index will track the performance of newly listed stocks on the exchange, whether they are introduced through a public offering or through a spin-off or demerger process. Asia Index said that the…