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.
Radhakishan Damani invests ₹90 crore in Lenskart ahead of its IPO, as the retailer plans fresh equity raise and expansion initiatives.
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 […]
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
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
The net proceeds from the Issue are proposed to be utilised towards funding the company’s strategic growth initiatives
The will instructs heirs to gradually sell the fashion brand or seek a stock market listing, reports say
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
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
The company intends to use Rs 750 crore from the net proceeds towards funding its working capital requirements
Lenskart emphasises that the acquisition will introduce a new sub-brand within its portfolio, focused on Gen Z and Millennial customers