IPO
Companies

DMart Damani Invests Rs 90 Cr In Lenskart Ahead Of IPO

Radhakishan Damani invests ₹90 crore in Lenskart ahead of its IPO, as the retailer plans fresh equity raise and expansion initiatives.

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Brands Food & Beverage.

Unilever Pauses Magnum IPO Amid SEC Approval Halt

Ongoing federal shutdown prevents SEC from approving Magnum Ice Cream listing, forcing Unilever to revise its timeline   Unilever have postponed the planned demerger and listing of The Magnum ice cream company owing to the ongoing US federal government shutdown, which has halted regulatory approvals. The company said a revised timeline will be announced once […]

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Companies

JP Morgan Values Reliance Retail At $121 Bn

JP Morgan values Reliance Retail at USD 121 bn and Jio at USD 92 bn, with retail and telecom expected to drive over 50% of earnings by FY25

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Companies Food & Beverage. Interviews

SLMG Beverages Prioritises Market Readiness Before IPO Plans: Ladhani

Paritosh Ladhani says that the company is looking to increase its capacity to 32,000 bottles per minute by next year, up from 22,000 currently

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Companies Finance

DSM Fresh Food’s IPO Opens On 26 Sep As Company Eyes Fuelling Growth

The net proceeds from the Issue are proposed to be utilised towards funding the company’s strategic growth initiatives

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Brands Fashion & Lifestyle

Sell the Fashion Brand Or…: Giorgio Armani’s Will Outlines Surprise Routes For Future

The will instructs heirs to gradually sell the fashion brand or seek a stock market listing, reports say

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Companies Electronics

LG Electronics To Bring Indian Arm’s Rs 15,000 Cr IPO In Oct: Reports

Earlier, the reports note that the company was looking at the April-May window for the IPO, but later decided to pause the plan on account of market volatility and global headwinds

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Companies Consumer

Accel To Make 2,600% Return In Urban Company’s IPO: Reports

Accel India holds 14.56 crore shares in the tech-enabled home services marketplace, translating into a 9.9 per cent stake on a fully-diluted basis, reports note

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Brands Companies Finance Luxury

Bluestone Scales Back IPO Size, To Raise Rs 820 Cr

The company intends to use Rs 750 crore from the net proceeds towards funding its working capital requirements

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Brands Companies Consumer

Lenskart To Acquire Spain’s Meller Brand For Rs 406 Cr

Lenskart emphasises that the acquisition will introduce a new sub-brand within its portfolio, focused on Gen Z and Millennial customers

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