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 […]
Tag: SEBI
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 […]
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 […]
ESDS Software Aims ₹700 Crore IPO, to File DRHP with SEBI
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 […]
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 […]
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 […]
WeWork India Moves Closer to Stock Market Debut with SEBI Filing
WeWork India, the country’s leading flexible workspace provider backed by the Embassy Group, has taken a big step toward going public. The company has officially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). This IPO will be a complete offer-for-sale (OFS), […]
SEBI’s Plan to Regulate Pre-IPO Trading: What You Need to Know
The Securities and Exchange Board of India (SEBI) is working on a new “when-listed” mechanism to bring order and transparency to pre-IPO trading. This move aims to regulate the buying and selling of IPO shares during the short window between their allotment and official listing. SEBI Chairperson Madhabi Puri Buch recently shared plans to create […]
SEBI Approves IPO Proposals of Six Companies, Including Hexaware Technologies and Scoda Tubes
The Securities and Exchange Board of India (SEBI) has greenlit the initial public offering (IPO) plans of six companies: Hexaware Technologies, PMEA Solar Tech Solutions, Scoda Tubes, Ajax Engineering, All Time Plastics, and Vikran Engineering. Observation letters, a key regulatory nod for proceeding with IPOs, were issued to the companies between January 14 and January […]
SEBI Enhances Transparency with Stricter IPO Disclosure Requirements
In a bid to boost transparency and protect the interests of investors, the Securities and Exchange Board of India (SEBI) has introduced tighter disclosure norms for Initial Public Offerings (IPOs). These measures, announced recently, aim to provide better clarity on the financial and operational status of companies seeking to go public. SEBI’s updated guidelines are […]