Bengaluru-based

Swiggy gets Sebi nod for $1.25-billion IPO

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Swiggy gets Sebi nod for .25-billion IPO

Food and grocery delivery platform Swiggy has received approval from the market regulator for its proposed $1.25-billion public issue, investment banking sources told ET, reflecting the growing appetite for new-age investment choices in a country witnessing an unprecedented consumer boom. The Bengaluru-based company had filed draft papers for the IPO with the Securities and Exchange … Read more

ajax engineering ipo: Kedaara-backed Ajax Engineering is said to plan India IPO

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ajax engineering ipo: Kedaara-backed Ajax Engineering is said to plan India IPO

Ajax Engineering Pvt, an Indian concrete equipment maker backed by Kedaara Capital, is considering an initial public offering that could raise Rs 20 billion ($240 million), people familiar with the matter said. Ajax Engineering is working with advisers to help prepare for an IPO in Mumbai in the fourth quarter, the people said, asking not … Read more