New Delhi, Apr 20 (PTI) Capital markets regulator Sebi on Wednesday streamlined the payment of processing fee through the Unified Payments Interface (UPI) system for shares applied for and allotted during an initial public offering (IPO). In addition, the regulator has devised a new reporting format for capturing the data of all ASBA (Application Supported [...]
New Delhi, Apr 20 (PTI) The initial share-sale of sports and athleisure footwear company Campus Activewear will open on April 26. The three-day Initial Public Offering (IPO) will conclude on April 28. The bidding for anchor investors will open on April 25, according to the company's draft red herring prospectus filed with markets regulator Sebi. [...]
New Delhi, Apr 20 (PTI) Financial services firm Pantomath Group on Wednesday announced the first closure of its Rs 500-crore pre-IPO fund 'India Inflection Opportunity Fund'. The category II Alternate Investment Fund (AIF) aims to harness opportunity of investing at pre-IPO stage in Indian growth stage businesses that are on the verge of a big [...]
New Delhi, Apr 17 (PTI) Ethanol and bio-based chemicals maker Godavari Biorefineries Ltd on Sunday said it is watching the geo-political situation and will make its share market debut "at the right time". Godavari Biorefineries Ltd CEO and Managing Director Samir Somaiya told PTI that the company has already received the market regulator Sebi's final [...]
New Delhi, Apr 17 (PTI) Retail online transaction platform UPI will likely continue to dominate the digital payments space in the country even as newer methods such as BNPL and digital currency are expected to define the future of payments, a study has said. Unified Payments Interface (UPI), Buy Now Pay Later (BNPL), Central Bank [...]
The government has amended rules of the Foreign Exchange Management Act (FEMA), paving the way for up to 20 per cent foreign direct investment in the insurance behemoth LIC. The government is planning to dilute its stake in LIC through the the Initial Public Offering (IPO). LIC in February had filed the Draft Red Herring [...]
Sports and athleisure footwear company Campus Activewear plans to expand its distribution network and deepen its footprints in western and southern regions, a top official of the company said. According to market sources, the company is planning to get listed on stock exchanges in May 2022. Besides, the homegrown footwear maker, which is backed by [...]
Kolkata, April 15 (PTI) Eastern India's leading jewellery retail chain, Senco Gold Limited has filed a draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise Rs 525 crore through an initial public offering, sources in the company said. The IPO of Senco Gold comprises fresh issue of equity shares aggregating up to [...]
New Delhi, Apr 14 (PTI) Specialty chemical company Prasol Chemicals has filed preliminary papers with capital markets regulator Sebi to raise as much as Rs 800 crore through an initial share-sale. The IPO comprises fresh issue of equity shares aggregating up to Rs 250 crore and an offer-for-sale (OFS) of up to [...]
Mumbai, Apr 13 (PTI) Investments by private equity and venture capital funds (PE/VC) declined by 22 per cent in March to USD 4.6 billion spread across 107 deals, a report said on Wednesday. The deal activity showed an increase of 54 per cent by value at USD 15.5 billion across 360 deals, largely on the [...]
