The FinTech Hub
Source: Live Mint The Indian stock market is set to witness significant market activity this week with the listing of Zinka Logistics Solutions, Neelam Linen and Garments, Mangal Compusolution, and Onyx Biotech. Starting Tuesday, November 19, the market will also see the opening of one mainboard IPO and two small and medium enterprise (SME) IPOs…
Source: Live Mint State-owned NTPC Green Energy Limited’s initial public offering (IPO) is scheduled to open for public bidding on Tuesday, November 19 and close on Friday, November 22. The renewable energy firm’s IPO will have its anchor round of investing on Monday, November 18. NTPC Green Energy aims to raise nearly ₹10,000 crore through…
Source: Live Mint (Bloomberg) — Vinted, Europe’s largest online marketplace for second-hand clothes, is ruling out an initial public offering for now as it focuses on expanding beyond fashion. It’s easier to deal with five or six investors than to have to appease a large shareholder base, Chief Executive Officer Thomas Plantenga said on Thursday….
Source: Live Mint (Bloomberg) — Chinese data center firm Zdata Technologies Co. is considering a potential initial public offering in Hong Kong, according to people familiar with the matter. The company, whose clients include JD.com Inc., TikTok-owner ByteDance Ltd. and Tencent Holdings Ltd., has held early talks with prospective advisers as it evaluates the merits…
Source: Live Mint Upcoming IPO: Advent International-backed Manjushree Technopack Limited has received the final observation from the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The company submitted its draft red herring prospectus (DRHP) to the market regulator on August 20. Manjushree Technopack Ltd specialises in rigid plastic packaging (RPP)…
Source: Live Mint Zinka Logistics Solution Limited, the operator of the BlackBuck app, a payments platform which caters to truck operators, raised ₹501.33 crore from investors in its anchor round ahead of the public issue, according to the company’s BSE filing on Tuesday, November 12. As per the exchange filing, the company has allocated 1,83,63,915…
Source: Live Mint NTPC Green Energy Limited is considering seeking a valuation of nearly $12 billion for its upcoming initial public offerings (IPO), potentially making it one of the biggest IPOs in the renewable energy industry, news agency Bloomberg reported on Tuesday, November 12, citing people aware of the development. NTPC Green Energy Ltd is…
Source: Live Mint Niva Bupa Health Insurance Limited’s initial public offering (IPO), through a book-building process, offers a fresh issue and an offer-for-sale (OFS) component, which closed for subscription on Monday, November 11. The public offer was oversubscribed 1.8 times on the final day as investors bid for 31.13 crore shares, compared to 17.28 crore…
Source: Live Mint (Bloomberg) — Partners Group Holding AG has selected banks for a potential initial public offering of Ammega Group BV as the private equity firm explores options for the European conveyor-belt maker, according to people familiar with the matter. Bank of America Corp. and UBS Group AG are the leading arrangers for a…
Source: Live Mint Zinka Logistics Solution Limited’s initial public offering (IPO) will open for public bidding on Wednesday, November 13, and close on Monday, November 18. The company operates the BlackBuck app, which caters to truck operators. It gives them the platform to offer payments, telematics, a freight marketplace, and vehicle financing services to help…
