Indian wire and cable maker RR Kabel, backed by private equity firm TPG, filed for an initial public offering on Sunday, seeking to raise up to USD 27.53 million, according to its draft prospectus filed to India’s market regulator and seen by Reuters. RR Kabel, India’s fifth largest branded wires and cable manufacturer, plans to […]
Alibaba’s logistics arm aims to raise up to USD 2 billion via a listing in Hong Kong likely early next year, sources with knowledge of the matter said, bolstering hopes for a capital markets revival in the Asian financial hub. Cainiao Network Technology’s initial public offering (IPO) plan comes after Alibaba flagged in late March […]
At a town hall meeting on Monday, Agarwal informed employees that OYO aims to achieve adjusted EBITDA of nearly Rs 800 crore in the coming fiscal year. Hospitality and travel-tech company OYO expects its revenue in FY23 to be more than Rs 5,700 crore, up 19 per cent from Rs 4,780 crore in FY22, according […]
However, Varun Alagh said that the reports are “largely baseless.” He added, “We are still in the IPO process. We are engaging with SEBI on IPO DRHP and it is reviewing our prospectus. We are hopeful that by next month, we should get our approval.” Skicare brand Mamaearth has put its initial public offering (IPO) […]
Infinium Pharmachem Limited, engaged in the manufacturing and supplying of Iodine Derivatives, Pharma Intermediates and Active Pharmaceutical Ingredients (APIs), brings its IPO for Rs. 2525.72 Lakhs on the March 31, 2023. The public issue is for 18,75,000 shares of face value of Rs 10 per equity share for a cash price of Rs. 135.00 per […]
Honasa Consumer Ltd, the parent company of the personal care brand Mamaearth, has filed its draft red herring prospectus for an initial public offering (IPO)with the Securities and Exchange Board of India (SEBI). The offer will include a new issuance of shares worth Rs 400 crore, as well as an offer-for-sale (OFS) component for 46.82 […]
