India’s fintech scene is about to witness a blockbuster moment as Pine Labs gears up for its highly anticipated IPO, targeting a jaw-dropping valuation of 25,377 crore rupees ($2.9 billion). The offer opens on November 7 and closes on November 11, setting the stage for what could become one of the most talked-about public listings of the year.
The company has priced its shares between 210 and…
India’s homegrown audio and wearables giant boAt has just made a dramatic move in the stock market—slashing its planned IPO from ₹2,000 crore to ₹1,500 crore. But while the offering shrinks, the co-founders and big investors are still poised for massive paydays, making this one of the most talked-about listings in India this year.
Who’s Cashing Out?
Warburg Pincus, via South Lake…
In what’s shaping up to be one of the most anticipated financial events of the year, South Korea’s LG Electronics is all set to launch its biggest-ever IPO in India. The company plans to raise a whopping ₹15,000 crore, making it the largest listing this year and one of the most closely watched capital market events in the country.
Set to hit the primary market this October, LG’s IPO is…
Urban Company, the popular home services platform, is gearing up for a major move in the market with plans to file for a Rs 3,000 crore IPO by March-end. If you’ve been following the rise of home service apps in India, this development is huge. Here’s everything you need to know about Urban Company’s big plans to go public, and what it means for investors and the home services industry.
What…
boAt, the popular Indian brand known for its stylish audio products and wearables, is gearing up for its second attempt at an Initial Public Offering (IPO). After a delay in 2022, the company is once again targeting a $300-$500 million IPO, with an eye on a valuation of over $1.5 billion. Let’s take a closer look at what this means for the brand, its future, and its investors.
boAt’s IPO: The…
Auto ancillary firm Hindustan Composites has acquired a minority stake in the online food delivery giant Swiggy. This move comes shortly after Amitabh Bachchan’s family office also purchased a minority stake in the Bengaluru-based company.
Hindustan Composites has reached an agreement to buy 150,000 equity shares of Swiggy, amounting to an investment of ₹5.17 crore, as disclosed through the…
Bazaar Style Retail, a prominent value fashion retailer backed by Rekha Jhunjhunwala, has launched its initial public offering (IPO) today, August 30, 2024. The company is seeking to raise up to Rs 835 crore through this public offering, marking a significant milestone in its growth journey. With a price band set between Rs 370 and Rs 389 per share, the IPO is poised to attract substantial…
Swiggy, the leading food delivery platform based in Bengaluru, has been valued at $11.5 billion by investor 360 One WAM, according to a recent investor presentation seen by ET. This valuation comes as Swiggy prepares to go public through a significant $1.25 billion IPO process.
In the first half of fiscal 2024, Swiggy reported impressive revenues of INR 7,474 crore. This financial performance…
Ola Electric, the SoftBank-backed electric vehicle manufacturer, has announced a suspension of its electric car project for at least two years. This strategic shift aims to prioritize the company’s core business of electric scooters and bikes, alongside battery production.
Project Suspension: Ola Electric has decided to delay its ambitious electric car project, which was initially set to…
