Tag: initial public offering

Cult.fit IPO: Cultfit files DRHP with Sebi to raise Rs 950 crore via fresh issue
Posted in Startups

Cult.fit IPO: Cultfit files DRHP with Sebi to raise Rs 950 crore via fresh issue

Fitness and active lifestyle platform Cultfit has filed its draft red herring prospectus with the Securities and Exchange Board of India for an initial public…

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Sachin Bansal’s fintech firm Navi eyeing Rs 3,000-crore IPO by March 2027
Posted in Startups

Sachin Bansal’s fintech firm Navi eyeing Rs 3,000-crore IPO by March 2027

Fintech startup Navi Ltd, cofounded by Flipkart cofounder Sachin Bansal, is preparing to file for an initial public offering (IPO) by the March quarter of…

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Uber-backed Lime raises $167 million in US IPO
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Uber-backed Lime raises $167 million in US IPO

Lime, backed by Uber, raised $167 million in its US initial public offering, joining a growing list of companies tapping a revived market for new…

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The National Stock Exchange has filed draft papers for its long-awaited IPO, which could become the largest public issue in India. (REUTERS)
Posted in Business

NSE’s ₹30,000 crore IPO explained: Why it matters and what investors should know

India’s largest stock exchange, the National Stock Exchange (NSE), has taken a major step towards its long-awaited stock market debut by filing draft papers for…

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Based on indicative grey market prices of at least  ₹2,000, the IPO is expected to value NSE at approximately  ₹29,780 crore (over $3 billion), with a valuation of over  ₹5 trillion. (REUTERS)
Posted in Business

Biggest public offering in India: NSE to file for IPO at nearly ₹30,000 crore; LIC to stay put

The National Stock Exchange of India Ltd (NSE) on Wednesday night filed its draft red herring prospectus with the market regulator for what could be…

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Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale
Posted in Startups

Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share sale

Peak XV Partners and Nexus Venture Partners are set to clock gross returns of about 7-9 times on shares they sell in insurtech company Turtlemint’s…

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Pocket FM begins reverse flip talks; eyes potential India IPO
Posted in Startups

Pocket FM begins reverse flip talks; eyes potential India IPO

Audio entertainment startup Pocket FM has started discussions to shift its holding structure back to India as it explores a potential domestic public listing, people…

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Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPO
Posted in Startups

Chinese social media firm Xiaohongshu taps Goldman, CICC to work on Hong Kong IPO

Chinese social media platform Xiaohongshu has tapped banks including Goldman Sachs and CICC to work on a potential Hong Kong initial public offering, two sources…

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Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business details
Posted in Startups

Zepto IPO: ED summons founders in FEMA matter, seeks shareholding, business details

Quick commerce platform Zepto has disclosed in its updated draft red herring prospectus that cofounders Aadit Palicha and Kaivalya Vohra received a summons from the…

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Acko hires former Junglee Games CPO Apoorv Kalra to lead auto insurance business
Posted in Startups

Acko hires former Junglee Games CPO Apoorv Kalra to lead auto insurance business

New-age insurance company Acko has appointed Apoorv Kalra, former chief product officer of Junglee Games, to head its auto insurance business as part of a…

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