Page 3 - Latest Updates on IPO
Ankit Nagori-led Curefoods aims to expand cloud kitchens across India
Curefoods is expecting to reach annual recurring revenue (ARR) of Rs 1000 crore ($122 million) by the end of this year and it aims to be ready for an IPO in 18 months
 "Ankit Nagori-led Curefoods aims to expand cloud kitchens across India")
PE/VC investments dip 29% YoY to $54.2 bn in 2022 amid funding woes
Despite this decline, 2022 marks the second-best year for PE/VC investments in India to date; dip largely due to smaller deal sizes amid stable volumes
 "PE/VC investments dip 29% YoY to $54.2 bn in 2022 amid funding woes")
By March, we'll be closer to pre-Covid levels: ESAF Small Finance Bank MD
Thomas says the bank expects to bring the microfinance portfolio down to 60 per cent of its book
 "By March, we'll be closer to pre-Covid levels: ESAF Small Finance Bank MD")
High-frequency traders must be highly cost-conscious while choosing brokers
Platform reliability, time to meet margin calls are other key criteria for traders while selecting a broker
 "High-frequency traders must be highly cost-conscious while choosing brokers")
Nykaa stock now a more attractive 'buy', analysts positive but divided
Through financial modelling, experts arrive at a fair value that ranges between Rs 145 and Rs 360
 "Nykaa stock now a more attractive 'buy', analysts positive but divided")
Avalon Technologies, Udayshivakumar Infra get Sebi's approval to float IPO
In Sebi's parlance, its observation implies its go ahead to launch the initial share-sale
 "Avalon Technologies, Udayshivakumar Infra get Sebi's approval to float IPO")
Sebi asks PayMate India to refile IPO papers with certain updates
Currently, promoter and promoter group hold 66.70 per cent stake in the company and the rest is with public shareholders
 "Sebi asks PayMate India to refile IPO papers with certain updates")
IT solutions firm Rashi Peripherals files Rs 750-cr IPO papers with Sebi
The company may consider a private placement of equity shares for up to Rs 150 crore. If such placement is completed, the fresh issue size will be reduced
 "IT solutions firm Rashi Peripherals files Rs 750-cr IPO papers with Sebi")
Sebi returns Lava Intl's draft IPO papers; asks to refile with updates
The proposed IPO comprises fresh issuance of equity shares worth up to Rs 500 crore and an offer for sale (OFS) component of 4,37,27,603 equity shares
 "Sebi returns Lava Intl's draft IPO papers; asks to refile with updates")
Innova Captab, Blue Jet Healthcare get Sebi's nod to float IPO
Pharmaceutical companies Innova Captab Ltd and Blue Jet Healthcare have received Sebi's go-ahead to raise funds through initial public offering (IPO)
 "Innova Captab, Blue Jet Healthcare get Sebi's nod to float IPO")
From Paytm to Zomato, start-ups see fresh round of selling; stock falls
Market players said the selling could be because of fears around further sell-downs by existing investors
 "From Paytm to Zomato, start-ups see fresh round of selling; stock falls")
Archean Chemical hits highest level since debut; up 51% against issue price
The stock rallied 7% to hit a new high of Rs 612.70 in the intra-day trade today
TMS Ep345: Amul's RS Sodhi, Oyo IPO, Auto Expo 2023, Montreal Protocol
How will RS Sodhi's departure affect Amul? Why is the Oyo IPO getting delayed? Can new launches at Auto Expo 2023 put auto stocks in top gear? What is the Montreal Protocol? All answers here
 "TMS Ep345: Amul's RS Sodhi, Oyo IPO, Auto Expo 2023, Montreal Protocol")
Cyient DLM files preliminary papers worth Rs 740 cr with Sebi through IPO
Electronic Manufacturing Services (EMS) firm Cyient DLM Ltd has filed preliminary papers with capital markets regulator Sebi to raise Rs 740 crore through an Initial Public Offering (IPO)
 "Cyient DLM files preliminary papers worth Rs 740 cr with Sebi through IPO")
Signature Global sells housing properties worth Rs 1,330 cr in Apr-Sep FY23
The IPO comprises a fresh issue of equity shares and an offer for sale (OFS)
 "Signature Global sells housing properties worth Rs 1,330 cr in Apr-Sep FY23")
Sah Polymers IPO subscribed 17.46 times on last day of offer: NSE data
Price range for the offer was at Rs 61-65 a share
Jack Ma's Ant wins approval to raise $1.5 bn capital for its consumer unit
The deal resolves a key hurdle for Ant as it seeks to meet requirements from regulators following a crackdown on its business after its record initial public offering was torpedoed in 2020
 "Jack Ma's Ant wins approval to raise $1.5 bn capital for its consumer unit")
HealthKart eyes foray into the US market, plans IPO in next 2-3 years
HealthKart operates two verticals in the Indian market, MuscleBlaze, a sports nutrition brand, and HKVitals, an online health supplement brand
 "HealthKart eyes foray into the US market, plans IPO in next 2-3 years")
Sebi returns Oyo's draft IPO papers, asks to refile with certain updates
Sources are expecting IPO in October-December quarter of this year
 "Sebi returns Oyo's draft IPO papers, asks to refile with certain updates")
Sah Polymers IPO subscribed 2.37 times on Day 2 of offer: NSE data
The IPO received bids for 1,33,06,420 shares against 56,10,000 shares on offer, according to NSE data
