Page 46 - Ipos

ByteDance rival Kuaishou aims to raise up to $5 billion in HK IPO: Report

Kuaishou has hired Bank of America, China Renaissance and Morgan Stanley to work on the IPO and is looking to file for the float as soon as the end of October

Buffett-backed Snowflake's value doubles in market's largest software debut

Snowflake shares started trading at $245 apiece on Wednesday, more than double its $120 IPO price, and closed up 111% at $253.93 to value it at over $70 billion

Covid-19 impact: Life insurers lose 4 mn policies, Rs 45,000 cr in premiums

Traditionally, the second fortnight of March is the most productive period for the life insurance business as around 15-18 per cent of the entire business comes during this period

Happiest Minds IPO: Oversubscription pushes up break-even cost for HNIs

Wealthy investors to make up if Happiest Minds lists at 50% premium; 30% for Route Mobile

Despite market volatility, LIC made Rs 13k cr profit in equity till Aug: MD

The insurer has collected about Rs 87,300 crore of renewable premium till August this year, registering a growth of 13.5 per cent over the same period of the last fiscal

The drought for India's IPOs may be easing in their worst year since 2016

A bunch of firms -- ranging from a drugmaker to a jeweler -- will likely test investor demand over the next few months, helping revive fundraising through first-time sales from the lowest in 4 years

Snowflake Inc IPO raises $3.36 billion in year's biggest US listing

The IPO, which was priced at $120 per share, values the cloud-based data warehouse firm at north of $30 billion

Opendoor to go public in Social Capital merger in $4.8-billion deal

(Reuters) - Opendoor Labs Inc, the home-selling platform backed by SoftBank Group <9984.T>, said on Tuesday it has agreed to go public through a merger with a blank-check company led by venture investor Chamath Palihapitiya in a deal that will value the company at $4.8 billion.

CAMS IPO upsized by 50% to facilitate NSE exit, to comprise 18.2 mn shares

The issue size is likely to be around Rs 2,200 crore, up from Rs 1,500 crore

Covid-19 hits IPO filings, only 11 offer documents filed with Sebi this yr

Market players said the lockdown and social distancing norms had made it difficult for companies, investment bankers and legal firms to do the paper work for IPO filings

Happiest Minds & Route Mobile: investors bet Rs 90,000 cr on two tiny IPOs

Hopes of bumper listing, success of last offering seen driving subscriptions of Happiest Minds & Route Mobile

Top headlines: India Inc's EBITDA to shrink 24%, Soota's IPO jackpot

From Centre releasing rants for states amid Covid, India-China agreeing on a 5-point plan to Moody's saying India Inc's EBITDA to shrink, Business Standard brings you top news of the evening

Zomato to go public by H12021; raises Rs 760 cr from Tiger Global

The infusion from Tiger Global came a few days after Zomato raised Rs 456 crore from MacRitchie Investments, a subsidiary of Singapore-based Temasek Holdings

Route Mobile IPO subscribed more than four times on day before its close

Route Mobile IPO comprises fresh fund raising worth Rs 240 crore and the remaining is a secondary share sale by promoters

Happiest Minds IPO subscribed more than 8 times on day before close

Happiest Minds is looking to raise Rs 110 crore in fresh capital through the IPO

Route Mobile garners Rs 180 cr from anchor investors ahead of IPO tomorrow

Route Mobile has finalised allocation of 51,42,856 shares at Rs 350 apiece to 15 anchor investors

Street signs: Route Mobile IPO, brokers eye tech improvement, and more

Last week, low-cost brokerage 5paisa.com appointed former Flipkart chief technology officer Ravi Garikipati on its board as an independent director

Goldman Sachs joins Ant Group's up to $30 bn IPO banking syndicate: Report

Ant, backed by Chinese e-commerce giant Alibaba Group, plans to list simultaneously in Hong Kong and Shanghai

Route Mobile to launch Rs 600-crore initial public offering next week

The company had received approval from markets regulator Sebi in December 2019 to float the initial public offer

Ant Group's $30-billion IPO sets up Jack Ma for a battle with Tencent

China's two largest corporations Alibaba and Tencent are wrestling for online leadership in everything from social entertainment to e-commerce and cloud computing