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.
Private equity (PE) firm True North-led company (erstwhile Max Bupa), had filed its IPO papers with SEBI on June 29.
The initial public offering (IPO) of Hyundai Motor India saw a lukewarm response from investors on Tuesday, with the issue subscribed 0.18 times or 18 per cent on Day 1 of the subscription.
India’s tech startup ecosystem secured $7.6 billion funding in the nine months this year, along with witnessing six new unicorns, a massive 500 per cent increase compared to just one unicorn in 2023, a report showed on Tuesday.
About 54 per cent of IPO shares allotted to investors were sold within a week of listing, according to the Central Bank’s monthly bulletin.
Shares of Bajaj Housing Finance made a strong debut on stock markets on Monday.
