Page 37 - Ipos
Zomato IPO: Investors looking for clear path to profitability, say analysts
Investors are concerned that Swiggy, given its unlisted status, may have less investor pressure on profitability versus Zomato
 "Zomato IPO: Investors looking for clear path to profitability, say analysts")
Logistics firm Delhivery raises $277 million, now valued at $3 billion
Delhivery has reportedly raised $277 million in its latest round of funding, taking its market valuation to nearly $3 billion
 "Logistics firm Delhivery raises $277 million, now valued at $3 billion")
Edelweiss MF's IPO-focused scheme to go open-ended amid robust pipeline
The scheme was launched as a closed-end fund in February 2018, with a tenure of over three years ending June 2021
 "Edelweiss MF's IPO-focused scheme to go open-ended amid robust pipeline")
Go Air files IPO papers to raise Rs 3,600 crore, rebrands itself
India's largest airline by market share will use the proceeds to meet debt obligations, pay oil companies.
 "Go Air files IPO papers to raise Rs 3,600 crore, rebrands itself")
IPO boom: $140.3 billion raised globally via 670 offers in 2021
At 670, the number of issues / IPOs in the first five months of CY21 is the second-highest since the calendar year 2000 when 677 IPOs hit the Street globally.
 "IPO boom: $140.3 billion raised globally via 670 offers in 2021")
Sebi plans to ease post-IPO lock-in for promoters, amend key definition
Regulator mulls replacing concept of 'promoter' with 'person in control'
 "Sebi plans to ease post-IPO lock-in for promoters, amend key definition")
Fincare Small Finance Bank files Rs 1,330-cr IPO papers with Sebi
Digital lender Fincare Small Finance Bank has filed preliminary papers with capital market regulator Sebi to raise Rs 1,330 crore through an initial share-sale.
 "Fincare Small Finance Bank files Rs 1,330-cr IPO papers with Sebi")
Private equity players divided on reason for decline in exit deals
According to data from VCC Edge which tracks PE investments, in the first quarter of the calendar year, the value of total PE exit deals has fallen by 7 per cent to hit $1,938 million
 "Private equity players divided on reason for decline in exit deals")
India vs US listing: Zomato may be test case for start-ups waiting in wings
The IPO will be a litmus test on whether domestic investors have the patience and maturity to deal with loss-making tech companies
 "India vs US listing: Zomato may be test case for start-ups waiting in wings")
Tata Power considering a $473-million IPO for its renewable energy unit
The power company is said to have abandoned earlier plans to seek a partner to invest in its green assets via an investment trust
 "Tata Power considering a $473-million IPO for its renewable energy unit")
TCS announces Samir Sekaria as CFO as incumbent 'Ramki' retires today
Sekaria started his career in TCS in 1999; moved to Corp Finance in 2004, where he played a big role in the firm's IPO; was heading financial analytics before this announcement
 "TCS announces Samir Sekaria as CFO as incumbent 'Ramki' retires today")
VC investors anticipate a flurry of IPOs by Indian start-ups: Survey
The 'India Sentiment Outlook Survey' said 19 per cent of them also held the opposing view while 16 per cent were unsure
PowerGrid InvIT garners Rs 3,480 cr from anchor investors ahead of IPO
PowerGrid Infrastructure Investment Trust on Wednesday raised a little over Rs 3,480 crore from anchor investors ahead of its initial public offer, which opens for subscription on Thursday
IPO market likely to stay bullish in June quarter, Covid to weigh: EY
India had 22 IPOs worth $2.6 bn in Q1 of Calendar 2021 versus 12 IPOs at the same time last year, was ranked ninth globally on number of offerings for the quarter
 "IPO market likely to stay bullish in June quarter, Covid to weigh: EY")
Chargebee's valuation triples to $1.4 bn in 6 months, raises $125 mn
The global pandemic has accelerated the already growing shift to SaaS (software-as-a-service) and subscription-based business models from cars to coffee providers
 "Chargebee's valuation triples to $1.4 bn in 6 months, raises $125 mn")
IPO boom prompts ICICI Bank to make hiring push in investment banking
ICICI plans to add five mid-to-senior level hires in each of the two units, which currently have 130 bankers in total.
 "IPO boom prompts ICICI Bank to make hiring push in investment banking")
Fundraising through public issues more than doubled in fiscal 2021
The Finance Ministry on Wednesday said fundraising through public and rights issues surged 115 per cent and 15 per cent, respectively, in 2020-21
 "Fundraising through public issues more than doubled in fiscal 2021")
Street signs: Large AMC IPOs can be delayed, MFs buy Timken India & more
Several high net-worth individuals are said to be lapping up shares of cotton yarn manufacturers amid a spike in yarn prices
 "Street signs: Large AMC IPOs can be delayed, MFs buy Timken India & more")
Shriram Properties files draft papers with Sebi to launch Rs 800 cr IPO
Bengaluru-basedShriram Propertieshas filed a draft document with market regulator Sebi to raise up to Rs 800 crore through an initial public offer (IPO)
 "Shriram Properties files draft papers with Sebi to launch Rs 800 cr IPO")
Pressing question before India's tech unicorns: Where to bring an IPO?
Business Standard breaks down key listing requirements in India, in the US and the possibility in a few other scenarios
 "Pressing question before India's tech unicorns: Where to bring an IPO?")
