The broader market, however, saw profit booking as, both, the BSE Mid and SmallCap indices declined 1 per cent each.
Nuvoco Vistas Corporation, part of the Nirma Group, on Wednesday said it has fixed a price band of Rs 560-570 a share for its Rs 5,000 crore initial public offering
Nykaa, her brainchild, has grown into India's top e-commerce site for beauty products.
The deal could be announced in the coming weeks and would be a prelude to an initial public offering (IPO) by Oyo, the source said
Online automobile marketplace expects to benefit from customers looking to own vehicles, avoid public transport.
ESAF Small Finance Bank has filed preliminary papers with capital markets regulator Sebi to raise Rs 998 crore through an initial public offer (IPO). The Rs 997.78-crore public issue comprises fresh issue of equity shares worth Rs 800 crore and an offer for sale of Rs 197.78 crore by existing selling shareholders, the draft red herring prospectus (DRHP) filed with Sebi showed. Under the offer for sale, promoter will be selling shares worth Rs 150 crore, PNB MetLife would be offloading shares to the tune of Rs 21.33 crore, Bajaj Allianz Life will offer shares of Rs 17.46 crore, PI Ventures will sell Rs 8.73 crore worth shares and John Chakola will offer shares worth Rs 26 lakh. The bank may consider a pre-IPO placement of equity shares for an aggregate amount up to Rs 300 crore. If the pre-IPO placement is undertaken, the amount raised from such placement will be reduced from the fresh issue. Proceeds from the fresh issue will be used to augment the bank's Tier I capital base to me
Internet-based businesses are raising funds at a record pace, making use of the boost given by the pandemic to all things digital
Here are the best of Business Standard's opinion pieces for Saturday
Zomato is essentially a "concept stock" because it has neither made profits, nor has issued any guidance on ever getting to profitability, notes Shyamal Majumdar
All-time high not far away with Paytm planning fresh issue of Rs 12,000 cr
Start-up listings will open up opportunities
According to Securities and Exchange Board of India regulations, the DRHP or offer document is required to have details about directors, promoters and key management personnel
MobiKwik is the latest among tech majors wanting to list on stock exchanges. Food delivery start-up Zomato will launch its IPO on Wednesday
Paytm is headed for a $2.3-billion IPO by the end of 2021
Attract bids worth over Rs 1.73 trillion
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The existing shareholders of the company are set to make gains in the range of 50 per cent to 6,450 per cent on their investments
Competitive intensity, customer acquisition costs likely to delay profitability
Media reports have said Paytm, which will soon come up with its initial public offering (IPO), is also evaluating BillDesk
To acquire domestic media, tech, and consumer goods firms