New Delhi, Dec 29 (PTI) Horizon Industrial Parks, backed by global private equity firm Blackstone, on December 29 filed preliminary papers with markets regulator Sebi to raise ₹2,600 crore through an initial public offering (IPO). Horizon Industrial Parks, backed by global private equity firm Blackstone, on December 29 filed preliminary papers with markets regulator Sebi […]
Quick commerce unicorn Zepto is set to pre-file its draft red herring prospectus (DRHP) with market regulator Sebi on Friday through a confidential route, as it targets a stock market listing sometime next year, according to sources. Valued at USD 7 billion, the company has raised a total of USD 1.8 billion, or about ₹16,000 […]
Shares of ICICI Prudential Asset Management Co. Ltd. surged by nearly a fourth on debut as investors bet on higher mutual fund investments in the world’s most populous nation. Signage at an ICICI Prudential AMC branch in Delhi. (Bloomberg) ICICI Prudential AMC’s share price rose as much as 22.95% to ₹2,662.00 after listing at a […]
Zepto Ltd. is preparing to file for an initial public offering of about $500 million in Mumbai as early as next week, according to people familiar with the matter, as competition hots up in India’s quick-commerce market. Zepto delivery partners waiting for delivery orders. The plans for a Zepto IPO follow a $450-million funding round […]
Elon Musk on Monday became the first person ever to have a net worth of $600 billion, according to Forbes, on the heels of reports that his SpaceX startup was likely to go public at a valuation of $800 billion. Elon Musk is the world’s richest person with a estimated net worth of $600 billion. […]
The $1.2-billion ICICI Prudential AMC IPO is set to open for subscription today, paving the way for a listing that can make it the country’s second-most valuable mutual fund. Nimesh Shah, MD & CEO of ICICI Prudential AMC, during a press conference in Mumbai. (ANI) On offer in the ICICI Prudential AMC IPO are up […]
Shares of Meesho Ltd. have listed at a premium over IPO price, indicating that India’s appetite for new-age stocks continues unabated. Given the strong Meesho IPO GMP and high growth potential, many analysts have recommended to ‘Subscribe for Long Term’ and look for potential listing gains. (Reuters) On Wednesday, Meesho’s share price rose as much […]
SpaceX is said to be moving ahead with plans to launch the world’s largest IPO in 2026, raising significantly more than $30 billion at a valuation of about $1.5 trillion, according to people familiar with the matter. SpaceX’s faster path to IPO is in part fueled by the strength of its Starlink satellite internet service, […]
Reliance Industries Ltd. is said to have started working on an initial draft red-herring prospectus for the Jio Platforms IPO, in what is expected to be India’s biggest-ever listing. Reliance Industries, led by Chairman Mukesh Ambani, is informally speaking with banks to prepare the Jio Platforms IPO DRHP, which they plan to file with SEBI […]
The Adani Group plans to invest $15 billion to boost passenger capacity at its airports to 200 million annually in the next five years, helping power India’s aviation boom as it prepares to list its airport unit. The Adani Group HQ in Ahmedabad. The Adani Airports expansion plan excludes 20 million at Navi Mumbai and […]
