Initial public offerings
A total of four companies will launch their initial public offerings (IPOs) in the week, collecting a cumulative amount of Rs 683.79 crore from investors. One company, Sanstar, will offer its shares in the mainboard segment, while the remaining three, Tunwal E-Motors, Kataria Industries, and Macobs Technologies, will list
Initial public offerings
SIM Acquisition Corp. I (the "Company") has completed its initial public offering, issuing 23,000,000 units at $10.00 per unit, generating gross proceeds of $230,000,000. The Company plans to use the funds for a merger, amalgamation, or business combination in the healthcare industry. The
Initial public offerings
Reliance Jio Infocomm, led by billionaire Mukesh Ambani, is gearing up for a potential initial public offering (IPO) that could be the largest in Indian history, according to a July 5 report by the Economic Times. The move comes as the company takes the lead in raising mobile tariffs and
Initial public offerings
Eureka Acquisition Corp, a blank check company incorporated in the Cayman Islands, has announced the closing of its initial public offering (IPO) of 5,000,000 units at an offering price of $10.00 per unit, raising $50,000,000 in gross proceeds. The units began trading on the Nasdaq
Financial markets
Bridgepoint, a leading private equity firm, has announced plans for a stock market flotation, seeking to raise around £300m to fund its growth plans, boost cash in its own funds, and pay down debts. The move comes amid a surge in private equity deals, but the sector is facing increasing
Financial markets
Acurx Pharmaceuticals, Inc., a clinical-stage biopharmaceutical company, announced the closing of its initial public offering (IPO) of 2,875,000 shares of common stock, after exercising the underwriters' option to purchase an additional 375,000 shares. The shares were priced at $6.00 per share and listed on the
Financial markets
Vaccitech, the biotechnology start-up behind the AstraZeneca Covid-19 vaccine, is making strides towards an initial public offering in New York, bypassing the London stock market despite efforts from the UK government to boost the market's reputation. The company, founded by Sarah Gilbert and spun out of Oxford University
Financial markets
Deliveroo Holdings PLC began unconditional dealings on Wednesday, allowing retail investors to trade shares in the food delivery company for the first time. This move follows the company's disappointing stock market flotation last week, during which concerns over valuation, workers' rights, and a dual-class share structure weighed
Financial markets
Parsley Box, a fast-growing Scots ready-meal delivery company, marked its maiden trading day on the Alternative Investment Market yesterday after a successful initial public offering (IPO). The Edinburgh-based company was valued at £84 million, with shares reaching a high of 211p before closing at 185p. The IPO raised £12m for
Financial markets
Deliveroo's much-anticipated Initial Public Offering (IPO) got off to a disastrous start, with shares plummeting by nearly a third just minutes after trading began. The sharp decline wiped £2 billion off the company's value, leaving 70,000 investors who bought into the float nursing significant losses.
Financial markets
Anupam Rasayan, a manufacturer of specialty chemicals, made a lackluster debut on the stock exchange, with its shares plummeting 7% below its issue price as of 10:28 am. The company's initial public offering (IPO) was subscribed 44 times, with a market capitalization of Rs 5,342 crore
Financial markets
The Tech and Energy Transition Corporation, a blank check company focused on sector transformative events, has announced its initial public offering (IPO) of 38,500,000 units, upsized from 35,000,000 units. The units will be listed on The Nasdaq Capital Market and trade under the ticker symbol "
