Food industry
Orkla India Ltd., the parent company of ready-to-eat brand MTR Foods, has announced the price band for its initial public offering (IPO) at a valuation of up to ₹10,000 crore. The IPO will see the company sell 2.28 crore shares in a price band of ₹695-730 apiece to
Initial public offerings
Avaada Electro, the solar module and cell manufacturing arm of Avaada Group, is planning to raise Rs.10,000 crore from an initial public offering (IPO). The company has already submitted a draft prospectus for the offer through a confidential filing with the Securities and Exchange Board of India (Sebi)
E-commerce software
Bengaluru-based e-commerce platform Meesho has received regulatory approval for its highly anticipated initial public offering (IPO). The company, founded in 2015 by Vidit Aatrey and Sanjeev Barnwal, is targeting a public market listing in December. Meesho will raise around Rs.4,250 crore through new shares in the IPO, while
Initial public offerings
Avaada Electro, the solar module and cell manufacturing arm of Avaada Group, is planning to raise Rs.10,000 crore from an initial public offering (IPO). The company aims to use the capital for expansion and to increase its manufacturing capacity. Avaada Electro has submitted a draft prospectus for the
Initial public offerings
Avaada Electro, the solar module and cell manufacturing arm of Avaada Group, is planning to raise Rs.10,000 crore from an initial public offering (IPO). The company has already submitted a draft prospectus for the offer through a confidential filing with the Securities and Exchange Board of India (Sebi)
Initial public offerings
Lenskart, the 15-year-old omnichannel eyewear retailer, is set to launch its initial public offering (IPO) next month, which could be among India's largest new-age listings. The issue size is expected to be between Rs 7,500 and Rs 8,000 crore (around $850-900 million), with the company planning
Stock prices
Anantam Highways Trust, an infrastructure investment trust (InvIT), made a robust debut on the bourses with its units trading at a 13-14% premium over its IPO price, raising market players' eyebrows. This unusual trend has been attributed to the current IPO frenzy, where some investors mistakenly treated InvIT units
Financial markets
Republic Power Group Limited, a provider of customized enterprise resource planning software solutions, consulting, and technical support services, has announced the closing of its initial public offering. The company issued 2,120,000 Class A ordinary shares at a price of US$4.00 per share, generating gross proceeds of
Stock prices
MR. D.I.Y. Holding (Thailand) Plc, a leading home improvement and lifestyle retailer in Thailand, is scheduled to list on the Stock Exchange of Thailand (SET) in early November following a successful initial public offering (IPO) and the upcoming debut of Atlas Energy Plc on the bourse. MRDIYT has
Financial markets
During his visit to New York, Financial Secretary Paul Chan attended a luncheon hosted by the National Committee on United States--China Relations and the Hong Kong Economic and Trade Office, where he shared Hong Kong's economic developments and strategies to enhance the financial market, innovation, and technology, and
Financial markets
LG Balakrishnan & Bros Ltd's shares rose to a 52-week high of Rs.1,640 on the BSE, fueled by investor confusion between the company and LG Electronics India Ltd, which listed at a 48% premium on the same day. The mistake was evident when searching for '
Stock prices
LG Electronics India Ltd.'s initial public offering (IPO) is expected to have a strong listing-day performance, with its share price jumping by over a third in the grey market. As of 8:35 am, the company's share price was seen at Rs.1,562, a 37.
