Initial public offerings
Despite its high-profile failure with Byjus, Dutch technology investor Prosus remains optimistic about the Indian market and expects its portfolio startups to follow in the footsteps of Swiggy, which announced its intent to go public. In a letter to shareholders, Fabricio Bloisi, CEO at Prosus and Naspers, stated that the
Initial public offerings
The Indian primary market is expected to witness a significant week with the launch of nine initial public offerings (IPOs) worth Rs 11,000 crore from October 21, 2024. Among these, Hyundai Motor India is scheduled for listing, indicating a busy period for both investors and companies looking to go
Initial public offerings
Cohen Circle Acquisition Corp. I, a blank check company, has closed its initial public offering, raising $230 million. The company's units, consisting of one Class A ordinary share and one-third of a redeemable warrant, began trading on the Nasdaq Global Market on October 11, 2024. The offering was
Initial public offerings
Cohen Circle Acquisition Corp. I, a blank check company focused on fintech acquisitions, has successfully priced its initial public offering of 20,000,000 units at $10.00 per unit. The offering consists of one Class A ordinary share and one-third of a redeemable warrant exercisable for one Class A
Initial public offerings
Launch Two Acquisition Corp., a blank check company, has completed its initial public offering (IPO) of 23,000,000 units at $10.00 per unit, generating gross proceeds of $230,000,000. The company's units began trading on the Nasdaq Global Market under the ticker symbol "LPBBU.
Initial public offerings
The new-age tech IPO (Initial Public Offering) market in India has seen a significant surge with nearly Rs 15,000 crore raised this year, making it the best year for fund-raising since 2021. Six new-age tech startups, including Ola Electric and FirstCry, have gone public this year, raising a combined
Initial public offerings
The Kross IPO, which offered a combination of fresh shares and offer for sale, was listed on the National Stock Exchange with a flat listing at Rs 240 apiece. The IPO received bids from September 09 to 11, with the shares allotment finalised on September 12. Despite a flat listing,
Financial markets
Future Vision II Acquisition Corp. has announced the closing of its initial public offering, raising $57.5 million in gross proceeds. The company, listed on the Nasdaq Capital Market, issued 5.75 million units at $10.00 per unit. The offering included an over-allotment option, which was exercised in full,
Financial markets
Future Vision II Acquisition Corp., a blank check company, has priced its initial public offering of 5,000,000 units at $10.00 per unit. The units are expected to be listed on the Nasdaq Capital Market and trade under the ticker symbol "FVNNU" beginning on September 12,
Initial public offerings
Vine Hill Capital Investment Corp., a special purpose acquisition company, has announced the successful closing of its initial public offering of 20 million units at a price of $10 per unit. The company's listing on the Nasdaq Global Market commenced on September 6, 2024, with the ticker symbol
Initial public offerings
Shares of Gala Precision Engineering made a successful listing on the National Stock Exchange (NSE) on September 9, marking a 36.31% premium over the issue price of Rs 529 per share. The stock listed at Rs 721.10, surpassing investor expectations. The company's public offering was subscribed
Initial public offerings
The Kross IPO opened for subscription on September 9, with the company offering 30% of the issue to anchor investors and 35% to retail investors, the highest allocation to retail investors in the company's history. Kross aims to raise Rs 500 crore through a combination of fresh capital
