Page 21 - Latest Updates on IPO
Govt planning mega LIC IPO by mid-May after markets calm down: Report
A market volatility index for India around 15 will be a comfortable level for the government to launch the IPO, says a source
 "Govt planning mega LIC IPO by mid-May after markets calm down: Report")
Rainbow Children's Medicare, eMudhra get Sebi's go-ahead to float IPOs
The IPO of eMudhra consists of fresh issuance of equity shares worth Rs 200 crore and an OFS of 85.1 lakh shares by promoters and existing shareholders, draft papers showed
 "Rainbow Children's Medicare, eMudhra get Sebi's go-ahead to float IPOs")
Sachin Bansal's Navi Technologies files draft papers for Rs 3,350-cr IPO
The proposed IPO is completely through a fresh issue of equity shares and there will be no offer-for-sale (OFS), according to the draft red herring prospectus (DRHP)
 "Sachin Bansal's Navi Technologies files draft papers for Rs 3,350-cr IPO")
Edtech firm Unacademy eyeing IPO in next few years, says co-founder
Unacademy Group co-founder and CEO Gaurav Munjal also said the company is looking to expand its Relevel division -- which is a test platform for private jobs -- to global markets
 "Edtech firm Unacademy eyeing IPO in next few years, says co-founder")
Sebi tightens IPO valuation scrutiny, jolts startups eyeing listing: Report
Sebi probing IPO-bound firms on non-financial metrics, says report; the push comes after Paytm's IPO debacle
Noida-based EbixCash files DRHP for Rs 6,000 cr IPO of fresh shares
The company may also consider raising further equity including a rights issue of up to Rs 1,200 crore. If this placement is completed, the fresh issue size will be reduced
 "Noida-based EbixCash files DRHP for Rs 6,000 cr IPO of fresh shares")
Ebixcash files draft papers with Sebi for Rs 6,000-cr IPO
Proceeds of the IPO will be used for funding the working capital requirements of the company's subsidiaries -- Ebix Travels and EbixCash World Money
 "Ebixcash files draft papers with Sebi for Rs 6,000-cr IPO")
IPO-bound Mobikwik posts first-ever profit in Dec 2021 quarter: Co-founder
IPO-bound fintech firm Mobikwik became profitable in the December 2021 quarter and expects to close the current financial year with almost two times growth in revenue, a top company official has said
 "IPO-bound Mobikwik posts first-ever profit in Dec 2021 quarter: Co-founder")
Sebi raises investment limit via UPI to Rs 5 lakh for retail investors
The new framework will be applicable to public issues of debt securities which open on or after May 1, 2022, the Securities and Exchange Board of India (Sebi) said in a circular
Suraj Estate Developers files IPO papers with Sebi to raise Rs 500 cr
Suraj Estate Developers Ltd has filed preliminary papers with capital markets regulator Sebi to mop-up Rs 500 crore through an initial public offering (IPO).
 "Suraj Estate Developers files IPO papers with Sebi to raise Rs 500 cr")
Hexagon Nutrition gets Sebi's nod to garner Rs 600-cr via IPO
Hexagon Nutrition, which filed preliminary IPO papers with Sebi in December 2021, obtained its observations letter on March 4 2022, an update with the regulator showed on Monday
Sachin Bansal-led Navi Technologies plans Rs 4,000 cr IPO, filing DRHP soon
ICICI Securities, BofA and Axis Capital are the investment banks handling the share sale
 "Sachin Bansal-led Navi Technologies plans Rs 4,000 cr IPO, filing DRHP soon")
Facebook-backed Meesho targets early 2023 for IPO: Report
In September, Meesho raised $570 million at a valuation of $4.9 billion in a Series F funding round led by Fidelity Management & Research Company and B Capital Group
 "Facebook-backed Meesho targets early 2023 for IPO: Report")
NSE scouts for new MD & CEO; though Limaye is eligible for 5-year extension
Current MD and CEO Vikram Limaye's five-year tenure ends this July, and he is eligible for another five-year term
 "NSE scouts for new MD & CEO; though Limaye is eligible for 5-year extension")
Taking over Sebi's reins: Madhabi Puri Buch all set to hit ground running
According to industry watchers, Puri Buch has a consultative approach when it comes to policymaking
 "Taking over Sebi's reins: Madhabi Puri Buch all set to hit ground running")
JK Files & Engineering, Elin Electronics get Sebi's go ahead to float IPOs
JK Files & Engineering and Elin Electronics are looking to raise Rs 800 crore and Rs 760 crore, respectively, through initial share sales
Decoding the KPI conundrum of new-age companies hitting the public market
Tech start-ups do not reveal important numbers to back their narratives of consumer flywheels and unrelenting growth
 "Decoding the KPI conundrum of new-age companies hitting the public market")
VW keeps Porsche IPO on table amid market volatility to ignite EV push
Volkswagen AG said it will continue to explore an initial public offering of the German manufacturer's Porsche sportscar brand as markets are roiled by Russia's invasion of Ukraine
 "VW keeps Porsche IPO on table amid market volatility to ignite EV push")
Bikaji Foods International files for IPO, may raise around Rs 1,000 cr
Certain shareholders of the Rajasthan-based company, including two promoters, plan to offload around 2.94 crore shares through the OFS route
Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO
Business Standard brings you the top headlines on Tuesday
 "Top headlines: Ukraine fears lift oil to 7-yr high; Swiggy eyes $800-mn IPO")
