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Centrum's Rajendra Naik on the IPO market, valuations, higher fees and more

Finance

09 December, 2024

Centrum's Rajendra Naik on the IPO market, valuations, higher fees and more

IPO-bound entities are commanding lower valuations, with investors now driving a harder bargain, according to Rajendra Naik, managing director of ......

Centrum Capital joins global alliance of investment banks

Finance

22 November, 2024

Centrum Capital joins global alliance of investment banks

Centrum Capital, which recently helped Bank of Maharashtra raise Rs 3,500 crore through a qualified institutional placement (QIP), has joined ......

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Grapevine: Centrum may sell stake in housing finance business; Medimix maker seeks capital

General

11 October, 2023

Grapevine: Centrum may sell stake in housing finance business; Medimix maker seeks capital

Jaspal Bindra-led Centrum Capital is weighing possible sale of its stake in its mortgage financing business, a media report said.  The ......

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Insurtech startups looking at revival this year after a cold 2022

Finance

24 January, 2023

Insurtech startups looking at revival this year after a cold 2022

Equity fundraising by insurtech startups fell 39% in 2022 but industry experts say this year may mark a revival. These ......

Centrum Capital to raise about $200 mn via equity, debt

Finance

24 June, 2021

Centrum Capital to raise about $200 mn via equity, debt

Financial services provider Centrum Capital Ltd said it would raise cash through debt and equity totalling Rs 1,500 crore ($202 ......

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Kerala-based Maruti dealer ropes in bankers to drive into the bourses

Consumer

05 May, 2021

Kerala-based Maruti dealer ropes in bankers to drive into the bourses

Popular Vehicles & Services Pvt Ltd, a Kochi-based dealer for Maruti Suzuki, has snapped up three banks to go public, ......

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Centrum mulls bumping up unsecured lending portfolio with personal loans

Finance

15 October, 2019

Centrum mulls bumping up unsecured lending portfolio with personal loans

Centrum is considering expanding its unsecured lending portfolio, currently consisting of microfinance, by launching personal loans, a top executive told ......

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Expect strategic sales to account for 40% of our exits: Evolvence's Ajit Kumar

Finance

25 April, 2019

Expect strategic sales to account for 40% of our exits: Evolvence's Ajit Kumar

Last year, private equity firm Evolvence India Fund made a quick exit from the foreign exchange unit of Centrum Capital ......

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Policy Tracker: Why India may not meet its ambitious renewable energy targets

Infrastructure

30 January, 2019

Policy Tracker: Why India may not meet its ambitious renewable energy targets

In early 2015, less than a year after winning a landslide election victory, the Narendra Modi government dramatically increased India’s ......

Centrum Financial Services to acquire L&T Finance's supply-chain lending biz

Finance

05 September, 2018

Centrum Financial Services to acquire L&T Finance's supply-chain lending biz

Centrum Financial Services Ltd is set to acquire the Rs 800 crore supply-chain lending business of L&T Finance Ltd, according ......