Page 47 - Ipos

How a 'Lone Wolf' tycoon created 68 millionaires with his water empire

Based on the HK$21.50 ($2.77) pricing, Zhong's 84% post-IPO stake in Nongfu is valued at $26 billion, putting his net worth at $38 billion

Happiest Minds to launch Rs 702 cr initial public offering on Sept 7

The management said the fundraising will be used to meet immediate working capital requirements while the cash balance in the balance sheet will be kept aside for strategic initiatives

SEC approves New York Stock Exchange proposal to allow IPO alternative

It will widen the options available to private companies that are looking to go public, but are wary of the role played by investment banks in the IPO process

Ant's mega IPO set to turn early investors, employees into billionaires

Ant Chairman Eric Jing's fortune will swell to $2.9 billion, and another 17 current and former Alibaba and Ant executives will join the ranks of billionaires

Alibaba's Ant Group files for blockbuster Hong Kong, Shanghai dual listing

Ant's initial public offering would be the first simultaneous listing in Hong Kong and the year-old STAR Market

Gold's record rally to boost Kalyan Jewellers' $235 mn IPO, say experts

Kalyan Jewellers India Ltd. said Monday it plans to raise as much as Rs 17.5 billion ($235 million) through a public listing as it banks on the long-term appeal of gold

Jack Ma's Ant Financial plans dual IPO, targets $225 bn valuation: Report

The share sales could raise about $30 billion in total if markets are favorable, said one of the people

Airbnb files confidentially for IPO, setting stage for marquee market debut

The move underscores a rebound in parts of the travel industry, which was battered this year by restrictions and shutdowns due to the Covid-19 pandemic

Airbnb confidentially files for IPO as short-term rental market rebounds

The move underscores a rebound in parts of the travel industry, which was battered this year by restrictions and shutdowns due to the Covid-19 pandemic

WeWork gets new $1.1 billion commitment from SoftBank, cuts cash burn rate

Revenue in the quarter reached $882 million, a 9% increase from a year earlier

Airbnb revenue tumbles 67% to $335 million in Q2; IPO still planned

Airbnb recorded a loss before interest, taxes, depreciation and amortisation of $400 million in the second quarter

SoftBank-backed real estate firm KE Holdings raises $2.12 bn in US listing

SoftBank-backed Chinese owner of real estate platforms KE Holdings Inc on Thursday raised $2.12 billion in a U.S. initial public offering that was priced above the target range

Tata Capital to pick minority stake in Biocon Biologics for $30 million

Equity infusion part of a larger $200-300 million round the company plans to raise over the next few months as it eyes an IPO

Southeast Asian IPOs show tentative revival as issuers brave markets

In Malaysia, home improvement retailer Mr DIY has re-started the process for its up to $500 million initial public offering

Rossari Biotech IPO off to good start, subscribed nearly 60% on first day

Market players said the initial response to the IPO was encouraging. Rossari is the first IPO to hit the domestic markets since early-March

Rossari Biotech IPO: Why Covid-19 outbreak may be positive for the company

Analysts at Choice Broking remain positive on the company's prospects on hopes that India could compete with China to become a global manufacturer in the post Covid-19 era

Covid-19 impact: Exchanges see just 4 IPOs in June quarter, says report

Laxmi Goldorna House Ltd, Nirmitee Robotics India Ltd, Billwin Industries Ltd and DJ Mediapoint & Logistics Ltd came out with their IPOs during the June quarter

Reliance may bring Jio and retail IPOs to unlock shareholder value: Report

Given the $15 billion Aramco deal and free cash flow outlook in the next several years, net debt to equity could continue to fall beyond FY21

UTI AMC gets Sebi nod for initial public offering to raise Rs 3,000 cr

The IPO of the country's largest AMC in terms of total AUM comprises sale of 38,987,081 equity shares by existing shareholders

Arvind Fashions to garner nearly Rs 400 cr through a rights issue

The board has approved the rights issue of up to 3,99,79,347 equity shares of face value of Rs 4 each at an issue price of Rs 100 per equity share