Fireside Ventures, a capital fund and the initial investor in Mamaearth during the seed round, executed a block deal on Tuesday, 5 December, selling 61 lakh shares of Honasa Consumer, the parent company of Mamaearth, which recently debuted on the stock exchange. As a result of this deal, the stock prices fell to Rs 367.15, […]
The founder and CEO of used car marketplace ‘Droom’, Sandeep Aggarwal said on Wednesday that the company plans to come up with an initial public offering (IPO) in March 2025. In an exclusive interview with ANI, Aggarwal said that the company is planning to restart the IPO process next year and in March 2025, the […]
Chinese fashion giant Shein has confidentially filed for an initial public offering (IPO) in the United States. Founded by entrepreneur Chris Xu in 2012, Shein has become a global fashion marketplace with a direct-selling model, targeting its millions of social media followers. The company, known for its affordable clothing, claims to have over 250 million […]
Rajkot based firm Gopal Snacks has filed preliminary documents with market regulator Securities and Exchange Board of India (SEBI) to raise Rs 650 crore through an initial public offering (IPO). According to the Draft Red Herring Prospectus (DRHP) issued on Tuesday, the issue is completely an offer-for-sale (OFS) of equity shares. OFS includes shares by […]
Ola Electric, led by Bhavish Aggarwal, has transitioned into a public company in preparation for an upcoming public listing, according to media reports. The transformation from Ola Electric Mobility to Ola Electric Mobility was officially documented in filings with the Registrar of Companies, Bengaluru. The company, a prominent player in electric vehicle manufacturing, is set […]
Oyo has unveiled plans to prepay a substantial portion of its debt totaling Rs 1,620 crore through a buyback process. The company, on the brink of an IPO, is set to repurchase 30 per cent of its outstanding Term Loan B (TLB), the company revealed to Bloomberg. The debt repayment, slated for June 2026, follows […]
The shares of Honasa Consumer, which owns the beauty and personal care brand Mamaearth, saw a muted debut on the Indian stock exchanges with just over a 2 per cent premium on Tuesday. Honasa Consumer has listed at Rs 333 per share, against the IPO issue price of Rs 324. At the time of filing […]
Shares of consumer ware firm Cello World made their stock exchange debut on Monday with a premium of around 28 per cent against its initial public offering (IPO) issue price. The shares were listed at around Rs 831, over its issue price of Rs 648 on the Indian exchanges. At the time of filing the […]
Hospitality leader Oyo, headed by Ritesh Agarwal, has reported a significant increase in revenue and a narrowed loss for fiscal year 2023 as it moves closer to a public listing. In FY23, Oyo, formally known as Oravel Stays, recorded consolidated revenue from operations of Rs 5,463.9 crore, compared to Rs 4,781.3 crore in FY22. The […]
Honasa Consumer, the parent of skincare brand Mamaearth, has posted a loss of Rs 151 crore in the fiscal year 2023 (FY23), against a profit of Rs 14.4 crore last year. The Delhi-based company, Mamaearth, experienced a significant increase in operating revenue in FY23, reaching Rs 1,493 crore compared to Rs 943 crore in the […]
