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
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
SEBI has cleared IPO proposals from seven companies, including Meesho and Shiprocket, to collectively raise around Rs 7,700 crore.
Milky Mist, Curefoods among five firms get Sebi IPO nod
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
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]