Mumbai: Companies rushed to file their initial public offering (IPO) draft prospectus with the Securities and Exchange Board of India (Sebi) on September 30 as it was the deadline to submit the documents with the audited financial statements for the quarter ended March 31, 2024. A record 15 companies registered their IPO documents on the … Read more
The Indian unit of Korea’s Hyundai Motor is likely to file a draft red herring prospectus (DRHP) with market regulator Sebi over the next two weeks, initiating the process for an initial public offering, said people familiar with the matter.If successful, this would mark the first IPO by an automaker in India in more than … Read more
Softbank-backed OYO is set to refile its much-awaited IPO as the global travel tech player is close to finalising its refinancing plans to raise up to USD 450 million via sale of dollar bonds, sources said. JP Morgan is the likely lead banker for the refinancing through the sale of dollar bonds at an estimated … Read more
Shapoorji Pallonji Group’s flagship infrastructure engineering and Construction firm, Afcons Infrastructure Limited (AIL), has filed its draft red herring prospectus (DRHP) with the market regulator, Securities and Exchange Board of India (SEBI), to raise funds through an initial public offering (IPO). According to the draft papers, the IPO, with a face value of Rs 10 … Read more
