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), […]
Tag: SEBI
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 […]