Nashik-based data center and cloud computing company ESDS Software is poised to witness the next phase in its growth saga. The company will file its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) this week that will allow it to issue an initial public offering (IPO) of up to […]
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NSE Simplifies Unlisted Share Transfer Process, Cutting Timeline to 3-5 Days
From March 24, the National Stock Exchange (NSE) will ease the transfer of its unlisted shares, allowing them to be freely transferable through the Delivery Instruction Slip (DIS) mechanism. This change will drastically reduce transfer times from the earlier six-month process to only 3-5 days. Earlier, the transfer of NSE shares involved a two-stage verification […]
SEBI Postpones IPOs of Hero FinCorp, HDB Financial Over Compliance Issues
Hero FinCorp and HDB Financial Services’ IPOs have been suspended by the Securities and Exchange Board of India (SEBI) on the grounds of potential regulatory complications. As Hero FinCorp has remained pending for nearly eight months, HDFC Bank’s subsidiary HDB Financial Services has also been pending for four months. The deferment is due to fears […]
Bira 91 Expands Pubs and Brewery Outlets Amid Pre-IPO Growth Plans
Its parent company, B9 Beverages Ltd, is gearing up to scale its hospitality in a measured manner by increasing the pubs and brewery outlets. The business has a target of 25 such openings in tier-one cities and looks to reach a revenue milestone of ₹200 crore in fiscal year 2025-26 (FY26). Expansion is part of […]
Lord’s Mark Industries Lands 300 MW Solar Order at WEF 2025, Sealing Its Pre-IPO Growth
It was a major success for India’s renewable energy industry as Lord’s Mark Industries Limited won a 300 MW solar contract under Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) program. The company was announced at the World Economic Forum Annual Meeting 2025 held at Davos, Switzerland, as one of the key players of […]
LG Electronics India Now Public with ₹15,000 Crore IPO; SEBI Gives the Green Signal.
LG Electronics India-is a well-known giant in home appliances and consumer electronics in India. Recently the company gave official confirmation from SEBI that the awaited IPO now stands at ₹15,000 crore. It is a historic moment because it will be the second company from South Korea to get listed on Indian exchanges; Hyundai Motors India […]
HDFC Securities Settles IT And Cyber Security Lapses Case With Rs 65 lakhs Paid To SEBI
Recently, HDFC Securities, one of the leading finance brokers in India, has paid ₹65 lakh to the Securities and Exchange Board of India (SEBI) due to the settlement of the case involving serious IT system breakdowns, DR shortcomings, and poor cybersecurity measures on the part of the firm. This payment was made following SEBI’s notice […]
Polymatech Reveals Innovative Semiconductor Breakthroughs at ISPEC 2025
Gujarat has only witnessed India’s semiconductor wave take a giant leap forward, and Polymatech Electronics is right at the very forefront of it. The firm unveiled pathbreaking innovations that would revolutionize the face of the industry at ISPEC 2025, as Gujarat Chief Minister Bhupendra Rajnikant Patel inaugurated the conference. This is a giant leap towards […]
NSE claims Second place Globally in Equity trades with 86.1 crore trades during January 2025
NSE’s 86.1 crore transactions in January 2025 positioned the exchange second for the most equity trades completed globally. Although NSE lost some market capitalization, they still remained the leader in trading volume and global derivatives trading. The New York Stock Exchange retained its title as the largest stock exchange in the world with an impressive […]
Veira Electronics Raises ₹130 Crore in Pre-IPO Funding from Bharat Value Fund to Drive Growth
Noida, India – March 4, 2025: Consumer electronics company Veira Electronics has raised ₹130 crore from Bharat Value Fund (BVF) in its pre-IPO round, preparing itself for its upcoming stock market listing. The strategic round will help Veira consolidate its position in India’s rapidly growing smart TV segment, which is projected to reach USD 32.57 […]