August 30, 2021 / by Taniya Saini / Funding, investment, IPO, News, Startup, StartupLanes
Mapmyindia, the digital map makers, are on their way to raise Rs 1,200-1,300 crore through an initial public offering (IPO) at a valuation of Rs 5,500 crore. Draft papers are likely to be filed by next week. It has been stated that one of the investors in MapmyIndia, PhonePe, and the promoters are supposed to […]
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Adani Wilmar, Star Health Insurance IPOs get SEBI approval
October 16, 2021 / by Taniya Saini / investment, IPO, News, StartupLanes
SEBI has shown a green flag to Adani Wilmar and Star Health Insurance for their upcoming initial public offerings (IPOs). FMCG giant Adani Wilmar is looking to raise Rs 4,500 crore via fresh issuance of equity. The maker of top-selling edible oil brand “Fortune” is a joint venture between Adani Enterprise and Asian agribusiness Wilmar […]
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MapmyIndia to raise Rs 1,200-1,300 Cr via IPO
August 30, 2021 / by Taniya Saini / Funding, investment, IPO, News, Startup, StartupLanes
Mapmyindia, the digital map makers, are on their way to raise Rs 1,200-1,300 crore through an initial public offering (IPO) at a valuation of Rs 5,500 crore. Draft papers are likely to be filed by next week. It has been stated that one of the investors in MapmyIndia, PhonePe, and the promoters are supposed to […]
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Tracxn Technologies files IPO papers with SEBI
August 17, 2021 / by Taniya Saini / investment, IPO, News, Startup, StartupLanes
Tracxn Technologies has filed a draft red herring prospectus with the capital market regulator Sebi to tap the primary markets for funds. Tracxn is a startup intelligence and analytics company. The initial public offering (IPO) will entirely be an offer for sale (OFS) of up to 38.67 million shares by shareholders and promoters, including Neha […]
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VLCC files IPO papers with SEBI
August 17, 2021 / by Taniya Saini / investment, IPO, News, StartupLanes
VLCC Health Care Ltd has filed preliminary papers with markets regulator Sebi to raise funds through an initial share sale. VLCC Health Care Ltd is one of the largest homegrown beauty and wellness companies in India. According to the draft red herring prospectus, the initial public offer (IPO) comprises fresh issuance of equity shares worth […]
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Paradeep Phosphates files IPO papers with SEBI
August 17, 2021 / by Taniya Saini / investment, IPO, News, StartupLanes
Zuari Agro Chemicals-backed Paradeep Phosphates Ltd has recently filed a draft red herring prospectus with SEBI to raise funds via an initial public offering. Reportedly, the IPO consists of a fresh issue of ₹1,255 crores and an offer for sale (OFS) of up to 120.04 million shares by its existing shareholders and promoters. The firm […]
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Ixigo files IPO papers with Sebi
August 14, 2021 / by Taniya Saini / investment, IPO, News, Startup, StartupLanes
Le Travenues Technology Ltd, which manages Ixigo, has filed preliminary papers with Sebi to raise Rs 1,600 crore via an initial share sale. The initial public offer (IPO) includes fresh issuance of shares worth Rs 750 crore and an offer of sale of equity shares up to Rs 850 crore by existing shareholders, according to […]
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Aditya Birla Sun Life AMC gets Sebi’s approval to float IPO
August 11, 2021 / by Taniya Saini / investment, IPO, News, StartupLanes
In order to raise funds through an initial share sale, Aditya Birla Sun Life AMC has received capital markets regulator Sebi’s approval. Aditya Birla Capital and Sun Life (India) AMC Investments, two promoters for entirely an offer for sale in the IPO, seek to divest their stake in the asset management firm, according to the […]
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Fusion Micro Finance files DRHP with Sebi to raise funds via IPO
August 11, 2021 / by Taniya Saini / investment, IPO, News, Startup, StartupLanes
To raise funds via an initial public offering, Fusion Micro Finance Ltd has filed a draft red herring prospectus with the Securities Exchange Board of India. With an offer for sale of up to 21.97 million shares by its existing shareholders and promoters, the IPO consists of a fresh issue of ₹600 crores. Devesh Sachdev […]
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Keventer Agro files draft papers to raise funds via IPO
August 10, 2021 / by Taniya Saini / investment, IPO, News, StartupLanes
In order to raise funds through an initial public offering, Mandala Capital-backed Keventer Agro Ltd has filed a draft red herring prospectus with the Securities Exchange Board of India (SEBI). With Mandala Swede SPV holding a 6.16% stake in the firm, the IPO consists of a fresh issue of ₹350 crores and an offer for […]
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Oyo plans to launch IPO this year, to file DRHP by September
August 10, 2021 / by Taniya Saini / investment, IPO, News, Startup, StartupLanes
Gurugram-based hospitality unicorn OYO Hotels and Homes Ltd is planning to launch its initial public offering (IPO) this year. The company has set a deadline of September to file its draft red herring prospectus (DRHP) with the market regulator SEBI. Oyo has initiated talks with multiple bankers including JP Morgan, Citi, and Kotak Mahindra Capital […]
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