SEBI
E-commerce & Marketplaces

Swiggy Raises Nearly Rs 10,000 Cr Through QIP

Swiggy raises nearly ₹10,000 crore through a qualified institutions placement, issuing shares at a 3.97% discount to the SEBI floor price, according to stock exchange disclosures

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Uncategorized

Meesho, Shiprocket Among 7 Firms Cleared For IPOs

SEBI has cleared IPO proposals from seven companies, including Meesho and Shiprocket, to collectively raise around Rs 7,700 crore.

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Companies Retail

Five firms, Including Milky Mist, Get Sebi Nod

Milky Mist, Curefoods among five firms get Sebi IPO nod

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Companies Consumer E-commerce & Marketplaces

Urban Company Files Draft Papers To Raise Rs 1,900 Cr Via IPO

The IPO will comprise a fresh issue of shares worth Rs 429 crore and an offer for sale (OFS) of shares totalling Rs 1,471 crore

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Retail Tech

Wake Up Sebi: Retail Investors Are Bleeding

US courtroom drama surrounding Jane Street’s lawsuit is a testimony of how India’s retail investors are bleeding red in derivatives markets and the nation’s wealth is being drained of Curbs on options trading are a matter of utmost urgency Evidence of how sophisticated foreign traders are bleeding India’s retail investors by capitalising on India’s stock […]

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Brands Companies Fashion & Lifestyle Finance News

FirstCry CEO Sells Over Rs 300 Cr Stock Ahead IPO

Supam Maheshwari, CEO, and Co-founder of the mother and child care ecommerce platform FirstCry, purportedly sold 6.2 million shares before the company’s upcoming initial public offering (IPO). Media sources estimate the value of the shares he sold to be more than Rs 300 crore. Maheshwari, named as a selling shareholder in the draft red-herring prospectus […]

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Brands Companies Finance News

Adani Wilmar To Divest 1.6 Cr Shares To Meet SEBI Compliance, Adjusting Promoter Stake

Adani Wilmar’s plan to meet the minimum public shareholding requirement involves its two promoter entities, Adani Commodities and Lence Pte, intending to sell approximately 1.6 crore shares, which represents 1.24 per cent of the company. This move aligns with regulatory obligations set by the Securities and Exchange Board of India, mandating companies to maintain a […]

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E-commerce & Marketplaces Government National News

India’s Ecommerce Industry Calls For Regulatory Oversight

India’s digitization has pushed the e-commerce landscape to new heights, with a growing number of consumers relying on online platforms for their shopping needs. However, this rapid growth has also brought about various challenges and concerns related to the Monopoly of a few big marketplaces, small retailers’ interests, fair competition, logistics, and so on. Post-COVID, […]

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Companies Finance News

Oyo Revenue Surges, Loss Narrows As Company Moves Closer To IPO

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 […]

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Companies Finance News

Oyo To Raise $250mn In A Pre IPO Round

According to media reports, Oyo, the hospitality unicorn, is seeking to secure USD 250 million in funding from investors amidst the delay of its initial public offering (IPO). A significant portion of this capital will be allocated to settling its USD 660 million term loan B. To make the funding round more appealing, Oyo plans […]

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