Ola Electric has seen two more top-level exits, as it plans for an initial public offering (IPO) in early 2024, the media reported on Saturday.
As companies try to bet on domestic equity markets with its more stable conditions, Five Star Business Finance, Archean Chemical Industries, Kaynes Technology India, and Inox Green Energy are among the stocks whose initial public offerings are set to open next week.
Business-to-business (B2B) e-commerce platform Udaan has raised $120 million in convertible notes and debt, as it plans an initial public offering (IPO) in the next 12-18 months amid the funding winter.
Fourteen Indian corporates raised Rs 35,456 crore through main board IPOs in the first half (April to September) of 2022-23, according to Prime Database.
"Zomato stock reminds me of what Amitabh Bachchan said in 'Deewar' on hearing news of dad's death: 'Mar to woh bees saal pehle gaya tha. Aaj to sirf ussey jalaya ja raha hai'. It was game over on listing itself,"
A bench of Justices DY Chandrachud, Surya Kant, and PS Narasimha asked the Centre to file a reply on various petitions.
According to sources, on the first day itself, the bids from the anchor investors or large investors are twice the size of the anchor book.
The government is counting on the sale of shares in LIC, which has the lion's share of the life insurance market in India,
The claim of profits for the government, which is the primary investor, is limited to just five per cent while 95 per cent