The FinTech Hub
Source: Live Mint (Bloomberg) — Groupe Dynamite Inc., a Canadian retailer of women’s clothing, has hired banks for an initial public offering that’s likely to be marketed in the coming weeks, according to people familiar with the matter. The company is working with major Canadian financial institutions and a US bank on the offering, the…
Source: Live Mint Sagility India, the healthcare service provider firm, on Monday, said that it has raised around ₹945.4 crore from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company’s exchange filing. As per the exchange filing, the company has allocated 31,51,34,668 or 31.51 crore equity…
Source: Live Mint ACME Solar Holdings IPO: ACME Solar IPO opens for subscription on Wednesday, November 6. The declining grey market premium indicates weakening investor interest towards the public issue. ACME Solar Holdings IPO GMP or grey market premium that stood at ₹30 on Friday has declined to Nil on Monday. This indicates that shares…
Source: Live Mint ACME Solar Holdings Limited’s initial public offering (IPO) is set to open for public subscription on Wednesday, November 6, and close on Friday, November 8. The renewable energy producer set the price band for the IPO at the range of ₹275 to ₹289 per equity share with a face value of ₹2…
Source: Live Mint Sagility India Limited’s initial public offering (IPO) will open for public bidding on Tuesday, November 5, and will close on Thursday, November 7. The Indian arm of Sagility has fixed the price band at ₹28 to ₹30 per share. The healthcare-centric service provider focuses on the US health insurance companies (Payers) for…
Source: Live Mint Sagility BV, a subsidiary of EQT Private Capital Asia, raised ₹366 crore through the sale of a 2.61 per cent stakeholding in Sagility India Ltd, according to the company reported news portals on November 3. Nine institutional investors picked up a stake in Sagility India ahead of its initial public offering (IPO)…
Source: Live Mint The primary market is set to see significant activity beginning November 4, with four mainboard IPOs, including the anticipated Swiggy IPO, scheduled to launch on Dalal Street. Additionally, the SME segment will have one IPO opening next week. In October, the Indian stock market faced a substantial sell-off, with the Nifty 50…
Source: Live Mint Big investors including Norway’s sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy’s India IPO, 25 times the $605 million portion reserved for such investors, four sources told Reuters on Thursday. Swiggy, a SoftBank-backed Indian food and grocery delivery giant, will next week launch its…
Source: Live Mint ACME Solar Holdings IPO: From financials to GMP, here are 10 key things to know from the RHP before subscribing to the Issue that opens on 6 November for Subscription 1.ACME Solar Holdings IPO key dates: Subscriptions for ACME Solar Holdings’ initial public offering (IPO) will commence on November 6, 2024, and…
Source: Live Mint Afcons Infrastructure IPO Allotment: The initial public offering (IPO) of Afcons Infrastructure Ltd, the flagship infrastructure company of Shapoorji Pallonji group, received decent response from investors. As the bidding period has now ended, applicants now await Afcons Infrastructure IPO allotment which is expected to be finalised today. Afcons Infrastructure IPO allotment date…
