Logistics services provider Delhivery is likely to launch its downsized initial public offering (IPO) this week, said people in the know. The Softbank-backed firm may trim its issue size from Rs 7,460 crore to Rs 5,500 crore to align with the volatile market conditions, sources said. Sources added the fresh issue component of the IPO could be reduced to Rs 4,500 crore and the OFS component to Rs 1,000 crore.
Despite a more liberalised business milieu, modern-day entrepreneurs remain prone to unethical behaviour and poor governance.
Real estate developer Oberoi Realty on Friday said it will hit the capital market with its initial public offer on October 6.
After unfavourable response to the safety net, Sebi considers instruments with an option of conversion into equity.
With the Bombay Stock Exchange (BSE) benchmark Sensex racing towards its all-time high, retail and high net worth individual (HNI) investors are flocking towards public issues.
Budget carrier Go Airlines, which has rebranded itself as 'Go First', has filed preliminary papers for an initial share sale worth Rs 3,600 crore.
UBS stepping in to save Credit Suisse with a $3.2-billion acquisition has provided the beleaguered Swiss bank's India employees a glimmer of hope. The surprise deal - engineered by the Swiss government - has triggered optimism of fewer job losses at Credit Suisse's India unit and better synergies at key verticals, such as wealth management and investment banking. "UBS is a much stronger hand. Coming within its fold will give Credit Suisse's wealth management and investment banking divisions a good home.
Managing 5-6 investments is easy. But when the number of investments increases significantly, the problem starts creeping in.
The IPO boom in 2023 added four new promoters to the billionaires' list.
Indian firms mop up a meagre Rs 63 cr against Rs 247 cr raised in May.
Several stocks cheaper in dollar terms now than in March 2009 when Sensex was below 9,000; FIIs in Coal India IPO stare at losses.
Retail investors shunned the Bharti Infratel initial public offering.
The BSA Gold Star is launched....Ola Enters e-motorbikes Biz... Bajaj, TVS To Enter e2Ws Market...
Tara Jewels plans an initial public offer which opens on November 21, 2012.
Firms in rush to raise capital but those putting in money at new valuations might be left holding the can.
British Prime Minister Keir Starmer has called an emergency COBRA meeting of senior ministers and police chiefs at 10 Downing Street in London on Monday after a weekend of riots across several cities in the country, which he termed a 'far-right thuggery' that will face the full force of the law.
Investors in many Indian companies would have a sense of deja vu after Facebook's public issue turned into a Wall Street debacle. For, over the past five years, Indian markets have been witness to many such breathlessly hyped Initial Public Offers (IPOs) which crashed in an equally spectacular way on the listing day and never recovered.
In October last year, market regulator Securities and Exchange Board of India had approved life insurance companies to issue IPOs.
UTI Mutual Fund will hit the capital markets with initial public offering on Tuesday for its sixth thematic funds including auto, banking and public sector undertakings.
The shares would begin trading on the NASDAQ exchange on Thursday under the symbol 'FB'.
There are considerable implications for corporate governance in the structure of the initial public offering of Facebook.
Food delivery company Zomato's Rs 9,375-crore initial public offering (IPO) will open for subscription on July 14, said investment banking sources on Wednesday. The company initially was looking to raise Rs 7,500 crore through the offering. Investment banking sources said the issue size has been increased because of the robust demand from investors.
Twitter CFO Mike Gupta grilled banks about how to sidestep the problems that beset Facebook's IPO from start to finish.
While Facebook's CEO had shown up in a hooded sweatshirt and sneakers, Twitter's executives were clad in dark suits as they pitched investors over plates of pesto chicken salad and raspberry tart.
Financial services giants Goldman Sachs and Morgan Stanley are said to be the front-runners for the role of lead investment banker in Facebook's much-awaited blockbuster initial public offering next year, a media report said.
Having covered the stock market beat for most of those years, I have written articles about several initial public offerings, listed stocks and broader market moves.
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
The Securities and Exchange Board of India (Sebi) on Thursday allowed companies to offer up to 10 per cent discount to retail investors in initial public offers. The discount was so far restricted to follow-on offers. Sebi has also redefined the term 'retail investor' as one who makes application or bids in a public issue for value not exceeding Rs 1,00,000 - up from the existing Rs 50,000 and above.
Called the 'graph search', it allows users to search people, places with the social network.
'We will continue to build new engines of growth in terms of innovations, enter newer categories, and look at newer propositions.'
