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SoftBank-backed Ola Electric likely to peg valuation at $4.5 bn in upcoming IPO

Manufacturing

16 July, 2024

SoftBank-backed Ola Electric likely to peg valuation at $4.5 bn in upcoming IPO

SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its upcoming initial ......

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SEBI clears Northern Arc for IPO while putting SK Finance on hold

Finance

15 July, 2024

SEBI clears Northern Arc for IPO while putting SK Finance on hold

Non-banking financing company Northern Arc Capital, which counts Leapfrog, Eight Roads, 360 One among its investors, has received India’s capital ......

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BlackBuck gets a valuation markdown ahead of IPO as it divests key revenue generator

TMT

08 July, 2024

BlackBuck gets a valuation markdown ahead of IPO as it divests key revenue generator

BlackBuck, which entered the haloed club of technology unicorns (startups valued at $1 billion or more) during 2021 when venture ......

Bain-backed Emcure Pharma attracts bids worth $11 bn in IPO

Healthcare

05 July, 2024

Bain-backed Emcure Pharma attracts bids worth $11 bn in IPO

India's Emcure Pharmaceuticals drew strong interest for its $234 million initial public offering (IPO) as investors bet on its slate ......

Oyo makes U-turn on IPO plans again, Ixigo gets SEBI nod to list

TMT

22 May, 2024

Oyo makes U-turn on IPO plans again, Ixigo gets SEBI nod to list

Softbank-backed Oyo, operated by Oravel Stays Ltd, has withdrawn its preliminary IPO documents again, causing delay in its plans to ......

Saudi's SMASCO sets issue price for $240 mn IPO

Finance

20 May, 2024

Saudi's SMASCO sets issue price for $240 mn IPO

Saudi Arabian staffing company SMASCO announced its final IPO price at 7.50 riyals per share via the Saudi Exchange on ......

Airtel Uganda doubles bonus shares ahead of IPO close

TMT

25 October, 2023

Airtel Uganda doubles bonus shares ahead of IPO close

Airtel Uganda said it has doubled the amount of bonus shares for potential investors, to boost participation in its initial ......

India IPO activity picks in Q3FY23: Report

Finance

13 February, 2023

India IPO activity picks in Q3FY23: Report

Initial public offering (IPO) momentum in India picked up in the last quarter compared to the world, with the domestic ......

Visa, Lightbox-backed PayMate advised by Sebi to refile IPO

Finance

23 January, 2023

Visa, Lightbox-backed PayMate advised by Sebi to refile IPO

Market regulator Sebi has returned the draft prospectus of the ₹1,500 crore initial public offering (IPO) of the multi-payment category ......

Leaving the cellar: Sula to launch IPO next week

Finance

07 December, 2022

Leaving the cellar: Sula to launch IPO next week

India's largest wine producer and seller, Sula Vineyards will launch its initial public offering (IPO) on 12 December. The IPO ......