IPO
PhonePe Begins Preparations for IPO, Eyes Public Listing in India
The Bengaluru-based fintech leader, which dominates the Unified Payments Interface (UPI) ecosystem, is poised to become the latest tech unicorn to go public.
Lenskart Eyes $10 Bn Valuation, Plans For a Billion-Dollar IPO: Report
Lenskart is reportedly planning to raise USD 1 billion and eyeing a USD 10 billion valuation with plans to file draft papers with the market regulator Securities and Exchange Board of India (SEBI) in May this year.
Swiggy Reports Higher Than Estimated Q3 Losses, Stock Dips 2.5% on BSE
Delivery platform Swiggy's shares continued to dip for the fourth consecutive day, as investors are selling their stock after recognizing the company's higher-than-estimated Q3 EBITDA losses. Swiggy's stock fell 2.5 per cent to INR 379.20 on BSE.
Tax Exemptions May Lead to Increased Investor Participation in Markets: Experts
The much-awaited tax relief for the Indian middle class, which exempts individuals earning up to INR 12 lakh, looks set to ensure higher disposable income, leading to investments for the future and increased participation in primary and secondary markets, leading to better capital formation overall.
WeWork India Files Papers with SEBI for IPO
WeWork India Management Limited (WeWork India), the largest operator in the Indian workspace sector has recently filed its Draft Red Herring Prospectus (DRHP with the market regulator Securities and Exchange Board of India (SEBI).
Key Companies to Go Public in 2025 As Investor Appetite Rises
Several major companies, across various sectors are gearing up for their IPOs, aiming to capitalize on the growing investor appetite in the country.
Cashify Rides on Demand for Premium Category of Phones, Eyes IPO by FY28
Cashify currently has about 200 offline stores that also act as customer service points. As part of its expansion plans, it aims to double the number of stores to 400 in the next 2-3 years.
10 Things I Wish I Knew Before I Took My Company Public
What I wish I would have known through the many turmoils of experience that lead to necessary wisdoms for company survival.
Veritas Finance Files for INR 2,800 Cr IPO, Aiming to Expand Lending Portfolio
The IPO comprises a fresh issue of equity shares worth INR 600 crore and an offer for sale (OFS) of equity shares aggregating up to INR 2,200 crore by existing shareholders.
Your IPO Could Fail If You Don't Follow These Communication Strategies
Effective communication strategies are key to ensuring a successful transition to the public market, especially as IPO activity surges. PR and marketing teams play a vital role in shaping a company's narrative, managing media relations and building investor trust throughout the IPO process.
Zetwerk Appoints Banks for Maiden Listing: Eyes $500 Million in Funds Through IPO
Zetwerk has opted to partner with Axis Capital Ltd., Goldman Sachs Group Inc., Jefferies Financial Group Inc., JM Financial Ltd., JPMorgan Chase & Co., and Kotak Mahindra Bank Ltd. as the book-running lead managers (BRLMs) for the IPO.
SEBI Clears JSW Cement's INR 4,000 Crore IPO
As per the Draft Red Herring Prospectus (DRHP), JSW Cement plans to allocate INR 800 crore from the fresh issue proceeds to partially finance a new integrated cement facility in Nagaur, Rajasthan.
Indian Companies to Raise $35 Billion in 2025 Through IPOs: Kotak Mahindra
As part of the findings of the annual roundtable at KMCC, it reported that a majority of the USD 9 billion of the IPOs in the pipeline is poised to come from the financial services sector, adding that it includes the likes of HDB Financial Services, Avanse Financial Services and also Tata Capital.
Jio and Tata EV Among the Big Names Set to Go Public This year
India's IPO market is set to witness a host of listing activity in 2025, with companies collectively aiming to raise over INR 1.5 lakh crore from public listing.
Five Biggest Indian IPOs to Hit The Market in 2024
India has seen a tremendous rise in terms of the number of companies going public in 2024, with new listings through initial public offerings (IPOs) contributing as much as INR 14 trillion or 3 per cent to the country's market capitalization, surpassing last year's contribution of 1.4 per cent at INR 5 trillion.