Titan Capital has officially closed its Winners Fund at an impressive INR 333 crore, a significant boost from its initial target of INR 200 crore. This surge in interest from investors allowed the firm to tap into its greenshoe option, raising additional commitments to support the next wave of innovation in India’s startup ecosystem.
At the helm of this initiative are Kunal Bahl and Rohit…
Introduction
Northern Arc Capital, a prominent non-banking financial company (NBFC) based in Chennai, has successfully raised INR 229 crore (approximately $27.4 million) from a roster of leading anchor investors. This funding comes ahead of the company’s initial public offering (IPO), which is set to open for public subscription soon.
Anchor Investors and IPO Details
The anchor investors backing…
Bajaj Housing Finance IPO Opens with Price Band of ₹66-70 Per Share; Subscription Starts September 9
Bajaj Housing Finance Limited has announced the price band for its upcoming Initial Public Offering (IPO), set between ₹66 and ₹70 per equity share. The IPO will open for subscription on Monday, September 9, and will close on Wednesday, September 11. The company has scheduled the allocation to anchor investors for Friday, September 6.
The IPO will offer equity shares with a face value of ₹10…
Orient Technologies IPO Day 1: GMP, Subscription Status, Review, and Investment Outlook
The highly anticipated IPO of Orient Technologies Ltd, a Mumbai-based IT solutions provider, has officially opened for public subscription today, August 21, and will continue until August 23. This initial public offering (IPO) presents a promising opportunity for investors, with the company setting a price band…
Unimech Aerospace and Manufacturing Ltd, based in Bengaluru, has submitted draft papers to the Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO) valued at ₹500 crore. The IPO will consist of a fresh equity share issue of ₹250 crore and an offer for sale (OFS) of up to ₹250 crore by the promoter and the promoter group, as outlined in the draft red herring…
In a notable development, Vedanta Ltd, under the leadership of Anil Agarwal, has received approval from its board to proceed with an Offer For Sale (OFS) of its 2.6% stake in Hindustan Zinc (HZL). The board’s decision authorizes the sale of up to 110 million equity shares of Hindustan Zinc, a move that is set to raise approximately ₹6,450 crore at the current share price of ₹586.00 on the…
On Tuesday, Zee Entertainment Enterprises Limited (ZEEL) announced that its Securities Issue and Allotment Committee has approved the allotment of foreign currency convertible bonds (FCCBs) worth $239 million. This move aims to raise significant capital through private placement.
In a regulatory filing, ZEEL revealed that the FCCBs, totaling approximately ₹2,000 crore, will mature in 10 years.
The initial public offering (IPO) of Brainbees Solutions Ltd, operating under the FirstCry brand, opened for subscription today, August 6, 2024. As of 1:30 PM IST on the first day, the IPO has been subscribed 7% overall. This public offering is expected to close on August 8, 2024, with the allotment scheduled for August 9 and the listing date set for August 13.
IPO Details
The Brainbees Solutions…
The initial public offering (IPO) of Unicommerce eSolutions is set to open for bidding today, August 6, and will remain available until Thursday, August 8. The SaaS company, which specializes in managing e-commerce operations, is offering shares in a price range of Rs 102-108 per share. Investors can subscribe for a minimum of 138 equity shares and in multiples thereafter.
IPO Details and Offer…
Brainbees Solutions, the parent company of Firstcry, has officially announced the price band for its upcoming initial public offering (IPO). The company is offering its shares within a range of ₹440 to ₹465 each. Investors interested in participating can apply for a minimum of 32 equity shares and in multiples of 32 shares thereafter. The IPO will be open for subscription from August 6 to…
