Parent entity of consumer electronics brand boAt, Imagine Marketing, has made a fresh bid to go public by filing draft papers with the Securities and Exchange Board of India (Sebi) under the confidential pre-filing mode. The move is the second by the company to file for an initial public offering (IPO), after its previous filing in January 2022 for a ₹2,000-crore issue. The confidential pre-filing path enables businesses to file draft red herring prospectuses (DRHP) without public disclosure at that moment. This allows them more flexibility when preparing for an IPO and eases the pressure, as businesses are not required to go ahead with the offering after filing. […]
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NSE to Expand in BKC with New Plot Allotment for Rs 758 Crore
Another section of land in Mumbai’s Bandra-Kurla Complex (BKC) has been provided by the Mumbai Metropolitan Region Development Authority (MMRDA) to The National Stock Exchange (NSE) for further expansion of their campus.The move is to further establish BKC as a financial hub of utmost significance and contribute to the economic development of Mumbai. The MMRDA […]
NSE Advocates IPO Approval, Wants Regulator Guidance from SEBI Due to NOC Issues
National Stock Exchange (NSE) has officially reacted to a letter of the Securities and Exchange Board of India (SEBI) which expressed reservations in issuing a No Objection Certificate (NOC) for the proposed Initial Public Offering (IPO) by the exchange, sources have discovered. In its reply, NSE responded to the concerns raised by the regulator and […]
Tata Capital Submits Draft Papers for Confidential IPO of Over ₹15,000 Crore; Tata Sons, IFC to Sell Stake
In a key move in its initial public offering (IPO) journey, Tata Capital has filed draft papers to the Securities and Exchange Board of India (SEBI) through the confidential pre-filing route for an IPO estimated to be ₹over 15,000 crore. The IPO will include a fresh issue of shares along with an offer for sale (OFS) by […]
Onix Renewable Announces Aggressive Green Energy Expansion Plan with ₹25,000 Crore Investment
Onix Renewable firm’s investment plan of ₹25,000 crore over the next three years to build 7 GW of renewable capacity and manufacture 5 GW of solar modules and cells will make a lasting impact on India’s renewable sector. In fact, India’s target of reaching 500 GW of renewable capacity by the end of the decade is […]
ESDS Software Solution Files ₹600 Crore IPO Draft Papers
ESDS Software Solution, offering cloud infrastructure and data centre solutions, is trying to raise money on the capital markets for a second time through the initial public offering route with a ₹600 crore IPO. ESDS filed its draft papers with the Securities and Exchange Board of India (SEBI) on March 30, 2025, with the objective […]
NSE moves ahead for its IPO, seeks SEBI’s No Objection Certificate for that!
The National Stock Exchange (NSE) is now under consideration with reference to its much-anticipated initial public offering (IPO) to be launched into the market. The exchange has made an official application with the Securities and Exchange Board of India (SEBI) for the issuance of a no objection certificate (NOC) thus proceeding with the listing on […]
Oyo To Cross Rs 2100 Crore in Q4FY25, Founder Ritesh Agarwal Assures
Oyo is likely to achieve more than 60% revenue growth during the fourth quarter of FY2025 with an aim of Rs 2100 crore, as per a statement provided by the founder Ritesh Agarwal. In a company mail to Oyo senior leaders, Agarwal emphasized that Oyo’s organic revenue growth stands at 42%, driven by hard markets […]
Hinduja Leyland Finance Readies for IPO, Awaiting RBI Approval
Hinduja Leyland Finance, the leading non-banking financial company (NBFC) sponsored by Ashok Leyland, is all ready to float but the long-awaited IPO is still holding on to regulatory clearance. The firm is waiting for a No Objection Certificate (NOC) from the Reserve Bank of India (RBI), as informed by Shenu Agarwal, CEO and Managing Director, […]
Studds Accessories Targets Going Public, Files DRHP with SEBI
Studds Accessories, a leading two-wheeler helmet maker of India, is moving a step in the direction of becoming public. The company has formally filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for raising funds by going public. According to the agreement, Studds will offer up to 7,786,120 […]