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.
IPO-bound food delivery platform Swiggy has disclosed that a former junior employee allegedly embezzled more than Rs 33 crore over a period of time from one of its subsidiaries.
Zomato’s rival Swiggy, set for its initial public offering (IPO) posted Rs 2,350 crore in net loss in the last fiscal year (FY24).
The Bhavish Aggarwal-run company’s stock dropped 3 per cent to Rs 110 per share. It was, however, still up 45 per cent from its initial public offering (IPO) price of Rs 76 apiece.
Nearly half of the demat accounts that applied for IPOs between April 2021 and December 2023 were opened during the post-COVID period.
In the legal notice, CE Info Systems alleged that Bhavish Aggarwal-led Ola Electric copied its data to launch its own mapping service in India.
