SBI to sell 6.3% stake in SBI Funds Management through IPO
The IPO Framework Agreement is expected to be executed on November 10 and is expected to be completed in 2026, said SBI.
The IPO Framework Agreement is expected to be executed on November 10 and is expected to be completed in 2026, said SBI.
SEBI has kept the company’s IPO observations “in abeyance,” without specifying any reason for its decision, according to an update on the SEBI's official website.
Presently, Tata Sons holds an 88.6 per cent stake in Tata Capital, while the World Bank Group's International Finance Corporation (IFC) owns a 1.8 per cent shareholding.
While the company aims to bolster its working capital through the fresh issue of shares, financial details disclosed in the DRHP suggest some underlying challenges.
Ahead of Ather Energy's initial public offering (IPO) opening for subscription on April 28, the company's grey market premium (GMP) has steadily declined.
The country's largest IPO, Hyundai Motor India, has disappointed investors to date.
The highly anticipated IPO of online food and grocery delivery giant is set to debut on Dalal Street on November 6, aiming to raise approximately Rs 11,327.43 crore from the primary market.
The biggest IPO among these will be of food delivery company Swiggy, which is planning to raise more than Rs 11,000 crore through IPO from the stock market.
The initial public offering (IPO) of fintech company MobiKwik may hit a significant roadblock with the new rules for P2P lending implemented recently by the Reserve Bank of India (RBI) and these can affect the company's business too.
The shares of Hyundai Motor India, the company that launched the country's largest IPO, disappointed investors on the first day of listing on Tuesday as the stock closed at Rs 1,819 a piece, down 7.16 per cent.
