NTPC Green IPO Sees Strong Start, Retail Portion Oversubscribed on Day 1

19 Nov 2024

The Initial Public Offering (IPO) of NTPC Green Energy Ltd (NGEL) witnessed strong participation on its first day, with around one-third of the shares on offer being subscribed. The retail investor segment saw significant enthusiasm, as their portion was oversubscribed by 1.5 times, according to the latest data. IPO Price...

Zomato Channels ‘Jai And Veeru’ Spirit With Hilarious Meme For Swiggy On IPO Day

13 Nov 2024

Zomato celebrated its competitor Swiggy on IPO day with a special post that has fans comparing it to the legendary friendship of ‘Jai and Veeru’. Through platform X, Deepinder Goyal’s food delivery giant shared a meme commemorating Swiggy’s successful stock market debut today. The post featured the caption, “You and...

Swiggy’s $1.4 Billion IPO Fully Sold, Institutional Portion Overwhelmingly Demanded

08 Nov 2024

Food and grocery delivery giant Swiggy’s initial public offering (IPO) worth $1.4 billion has been fully subscribed as of Friday, marking a significant milestone in India’s second-largest share sale of the year. Institutional investors showed strong demand, with the portion allocated to them being oversubscribed by 131%. Meanwhile, the retail...

Reliance Jio Plans IPO for 2025, Potentially India’s Largest Ever

04 Nov 2024

Billionaire Mukesh Ambani is reportedly preparing an initial public offering (IPO) for his telecom venture, Reliance Jio, slated for 2025. Following this, an IPO for Reliance Retail is anticipated, although it will come at a later date. According to sources cited by Reuters, this IPO could potentially surpass Hyundai India's...

Rekha Jhunjhunwala Backed Style Baazar Set To Launch IPO This Week: Report

20 Aug 2024

Baazar Style Retail backed by Rekha Jhunjhunwala, popularly known as Style Baazar, is set to launch its initial public offering (IPO) this week, as per reports. The company, which filed its draft red herring prospectus (DRHP) in May, plans to raise ₹185 crore through a fresh issue of equity shares....

Bhavish Aggarwal Set To Earn ₹288 Crore From Ola Electric’s IPO

02 Aug 2024

Ola Electric Mobility Limited, led by Bhavish Aggarwal, has launched its initial public offering (IPO) today, August 2. The SoftBank-backed company aims to raise approximately ₹6,145.56 crore through this offering, marking it as India’s largest IPO of 2024 to date. Ola Electric, which holds a significant 35% share of the...

Zepto Gears Up For IPO Following Record $665 Million Funding Round

21 Jun 2024

Grocery delivery startup Zepto is gearing up for a potential initial public offering (IPO) following a significant rise in its valuation to $3.6 billion. The company secured $665 million in its latest funding round, marking one of the largest investments in the sector this year. This round was led by...

JG Chemicals’ IPO: All you need to know

04 Mar 2024

J.G. Chemicals Ltd is all set to launch its IPO on March 5, 2024. The Equity shares are valued at Rs 10 each. The price range of the IPO is between Rs 210 and Rs 221 per equity share. The total issue size is around Rs 250 crore at the...

Indian markets rebound, with the Sensex gaining 1,000 points in opening hours

11 Nov 2022

Following the lead of Asian markets and US stocks, Indian markets rose early on Friday. By the beginning of the day, the S&P BSE Sensex had risen more than 1,000 points, and at 10.30 am, it was up 992 points to 61,609, while the Nifty50 was up 283 points to...