Page 42 - Ipos

Top headlines: India asks WhatsApp 14 questions; Dunzo gets $40 mn funding

Business Standard brings the top news of the evening

Tech entrepreneur Atul Jalan to take his AI company Algonomy public in 2023

His firm Manthan Software and San Francisco-headquartered RichRelevance have completed their merger to form a new, rebranded AI firm Algonomy

IRFC IPO opened today; should you subscribe? Risk and reward explained here

Should you subscribe? Likhita Chepa, Senior Research Analyst at CapitalVia Global Research and Nirali Shah, Senior Research Analyst, Samco Securities answers this in the podcast. Tune in to know more

Public sector IPOs warm up to anchor investors a decade down the line

Centre for the first time exercises provision for IRFC issue

Info Edge stock rides high on hopes of economic revival, Zomato IPO

Shares have rallied 42% since November to a record high of Rs 5,876.05 on Jan 6, before taking a breather

KIMSHEALTH gearing up for an IPO, to give exit to PE investor True North

The hospital chain is planning to add 1,000 beds in India and GCC countries in the next three years

Blackstone's Aadhar Housing Finance plans $1 billion IPO filing soon

Founded in 2010, Aadhar has more than 294 branches across the South Asian country, providing financing solutions to customers whose monthly income ranges between $76 to $765

String of IPOs lined up, study them in detail before investing in any

A bull market carries the risk that offerings could turn pricier, but their fundamentals could deteriorate

Beauty start-up Nykaa listing likely this year at $3-bn value: Report

Deliberations are ongoing and details of the offering including the size and timeline could change

Zomato's revenue doubles to Rs 2,743 cr, losses up 138% to Rs 2,386 cr

The Deepinder Goyal-led firm's total expenses for the fiscal were reported as Rs 5,006 crore. Zomato is gearing up for an IPO this year

Govt appoints Milliman Advisors to find out LIC value ahead of IPO

The work on determining the embedded value of India's largest insurer would start soon, Dipam Secretary Tuhin Kanta Pandey tweeted

Gland Pharma's growth trajectory to remain elevated in medium term

Margin expansion to support profits, clean regulatory track record to help sustain growth journey

'We expect foreign flows to continue to gain traction in 2021'

Nishchal Maheshwari, Centrum Broking CEO, says that Budget 2021 should ensure that the recovery momentum is sustained

How Jack Ma's $280 billion unicorn Ant Group just had its legs broken

While Ant's origin story comes from the ubiquitous Alipay service that piggybacked off the success of Alibaba's expanding e-commerce empire, the real money was to be made on all the extras

Market flush with IPO but small firms struggled to raise capital in 2020

Number of SME issues dropped from 51 in 2019 to 27; amount raised by small companies fell 74.5% to Rs 159.1 crore

Flipkart CEO to join board; 3 new directors brought in ahead of IPO plan

Steuart Walton, the scion of the billionaire Walmart dynasty, quits Flipkart board. Keki Mistry, vice chairman and CEO of HDFC, among new directors

US self-driving startup Ouster nears deal to go public at $1.9 billion

Ouster, that makes lidar sensors for self-driving cars, is nearing a deal to go public at a roughly $1.9 billion valuation through a merger with a blank-check acquisition firm, sources said

PE/VC investments decline 8% to $41.4 bn during January-November 2020

PE investments in Reliance Group entities accounted for 42%

Antony Waste aims second shot at listing after failure of IPO in March

The company will launch its Rs 300-crore IPO again on December 21 in a price band of Rs 313-315 per share

Mrs Bectors subscribed 198 times, highest ever for a Rs 200-cr plus IPO

Generated bids worth over Rs 40,000 cr. Previously, only three tiny issues have garnered more than 200x subscription