IPO

LIC IPO| Government Revises Price Band And More

LIC IPO| Government Revises Price Band And More

LIC IPO ━ the wait is over as the highest Initial Public Offering is expected to open on May 2. The central government has set the price band for the initial offering of Life Corporation of India at Rs. 902-949 and may offer a discount of Rs 60 to policyholders.  On the other hand, retail…

Sachin Bansal’s Navi Technologies Files $400 Million IPO

Sachin Bansal’s Navi Technologies Files $400 Million IPO

Sachin Bansal’s Navi Technologies, a fintech startup, has filed for a $400 million IPO, Initial Public Offering. Billionaire Bansal, who also co-founded Flipkart over a decade ago, is the 40-year-old entrepreneur who made his name and money by kick-starting the eCommerce wave in the country, has once again made a bold choice.  Founded in 2018,…

LIC: SEBI Gives Nod to Launch India’s Highest IPO Ever

LIC: SEBI Gives Nod to Launch India’s Highest IPO Ever

The market regulator has approved the much-awaited IPO of 2022. According to the sources, SEBI has issued an observation letter. LIC had filed it’s Draft Red Herring Prospectus (DRHP) with SEBI in February. As per DRHP, the issue would be an offer to sell 31,62,49,885 (31.62 crores) equity shares by the government, which holds a…

LIC IPO: Key Things To Know About The Highest IPO In India

LIC IPO: Key Things To Know About The Highest IPO In India

LIC, Life Corporation of India, the country’s largest and most reliable issuance company, is to shake the stock market with the highest IPO, Initial Public Offering, to raise up to 65,000 crores, making it the biggest listed financial service provider after HDFC bank.  The government plans to sell 5% of its stake in the IPO,…

Swiggy Crossed $10.7 Billion Valuation After Raising $700 Million in Invesco

Swiggy Crossed $10.7 Billion Valuation After Raising $700 Million in Invesco

Food delivery giant, Swiggy, has raised $700 million in Invesco and crossed a $10.7 bn valuation, according to the sources.   Swiggy’s latest valuation is almost double to Zomato before the latter went for its initial public offering. Zomato was valued at $5.4 billion before its IPO. With this new funding, Swiggy also came closer to…

Leading Female Entrepreneurs in India

Leading Female Entrepreneurs in India

Female entrepreneurs in India have been making their identity across all domains and industries. Women have shown their remarkable journey from owning e-Commerce brands, herbal cosmetics to India’s largest biopharmaceutical company.  From a few completely new faces like Falguni Nayar, Shehnaz Hussain, Ghazal Alagh to some Bollywood actresses who have turned into entrepreneurs such as…

IPO Buzz: 4 IPOs And Factors To Hit The Market This Week

The domestic share market completed a tumultuous week with small gains, but market players were kept on their toes. Despite the positive GDP figures, the new Covid-19 variant ruined the equity numbers. This week during December 6th and 14th, four companies—RateGain Travel Technologies, Shriram Properties, CE Info Systems (MapmyIndia), and Metro Brands, which is supported…

RateGain And Medplus Among 6 Companies Get IPO Approval By SEBI

RateGain And Medplus Among 6 Companies Get IPO Approval By SEBI

Market regulator Sebi has given the green light to six firms, including pharmacy retail chain MedPlus Health Services, travel technology services firm RateGain Travel Technologies, and microlender Fusion MicroFinance, to raise capital through initial public offerings (IPO). Retail wealth management firm Prudent Corporate Advisory Services, private market intelligence platform Tracxn Technologies, and real estate developer…

Reliance New Energy Solar to Buy 40% Stakes in Sterling and Wilson Solar

Reliance New Energy Solar to Buy 40% Stakes in Sterling and Wilson Solar

On Monday, Reliance Industries (RIL) shares hit a new high after Reliance New Energy Solar LTD announced the acquisition of two companies, intensifying its drive into green energy. Nifty rocketed to a new high of 18,000, after gains in index heavyweights RIL and banks. Mukesh Ambani’s conglomerate, RIL made two purchases over the weekend, including…