Swiggy gets Sebi nod for $1.25-billion IPO

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

NSE: NSE awaits Sebi’s green signal to begin IPO process

NSE: NSE awaits Sebi’s green signal to begin IPO process

Mumbai, The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said on Thursday. The NSE’s listing plans have been on the backburner amid a Sebi probe against the exchange and some of its top officials. It was alleged … Read more