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Hyundai India's shares slump in debut trade after record IPO

Manufacturing

22 October, 2024

Hyundai India's shares slump in debut trade after record IPO

Hyundai Motor India shares fell as much as 7.6% in their market debut on Tuesday after a tepid response from retail investors ......

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Grapevine: Haier, Zepto, Torrent Power, WeWork India, 360 One WAM in news

General

22 October, 2024

Grapevine: Haier, Zepto, Torrent Power, WeWork India, 360 One WAM in news

Zepto and Torrent Power are seeking fresh funding, while WeWork India is preparing to launch an initial public offering (IPO), ......

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Creador, True North's exit plans move ahead as portfolio companies get IPO nod

Finance

21 October, 2024

Creador, True North's exit plans move ahead as portfolio companies get IPO nod

Private equity firms True North and Creador’s separate plans to monetize their investments are moving forward with two of their ......

Swiggy backer Prosus expects e-commerce profit to jump in 2025, more IPOs in India

TMT

21 October, 2024

Swiggy backer Prosus expects e-commerce profit to jump in 2025, more IPOs in India

Dutch technology investor Prosus NV expects adjusted profit at its e-commerce business to surge to $400 million this fiscal year ......

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Grapevine: Temasek, Actis, Shadowfax, Swiggy, Sparsh Group, PayU in news

General

21 October, 2024

Grapevine: Temasek, Actis, Shadowfax, Swiggy, Sparsh Group, PayU in news

Singapore state investment firm Temasek and private equity firm Actis are making investments in Indian companies while Swiggy and Sparsh ......

HDFC Bank unit HDB Financial to raise up to $1.5 bn in IPO

Finance

21 October, 2024

HDFC Bank unit HDB Financial to raise up to $1.5 bn in IPO

ndia's top private lender HDFC Bank said on Saturday its HDB Financial Services unit will raise up to 125 billion ......

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Redcliffe Labs CEO Kandoi on IPO timeline, another funding round, and more

Healthcare

18 October, 2024

Redcliffe Labs CEO Kandoi on IPO timeline, another funding round, and more

Healthtech platform Redcliffe Labs, which recently secured $42 million (Rs 335 crore) in Series C funding, has pushed the timeline for a public ......

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Gunender Kapur to turn $150-mn-plus man as PE owners line up Vishal Mega Mart for IPO

Consumer

17 October, 2024

Gunender Kapur to turn $150-mn-plus man as PE owners line up Vishal Mega Mart for IPO

Gunender Kapur, the managing director and CEO of Vishal Mega Mart, a budget retail chain that was acquired by private ......

Hyundai IPO, India's biggest, gets $5.5 bn in bids despite subdued retail interest

Consumer

17 October, 2024

Hyundai IPO, India's biggest, gets $5.5 bn in bids despite subdued retail interest

Hyundai Motor India's $3.3-billion initial public offering was oversubscribed by more than two times on Thursday attracting aggressive bidding from institutional ......

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Grapevine: BlueStone ropes in bankers for IPO; former TPG exec to launch fund

General

16 October, 2024

Grapevine: BlueStone ropes in bankers for IPO; former TPG exec to launch fund

Jewellery startup BlueStone has appointed bankers for its planned $200 million (Rs 168 crore) public listing by the second quarter ......