According to the DRHP the proceeds of the IPO will be used for investment in its subsidiary Scootsy, for expansion of its dark store network for its…
Swiggy plans to raise Rs 11,000 crore through a new offering valued at Rs 5,000 crore.
The Bengaluru-based company aims to raise over $1 billion through the IPO, pending approval from India’s Securities and Exchange Board of India (SEBI…
The decision to increase the fundraising target will be discussed at an extraordinary general meeting (EGM) scheduled for October 3, according to a…
In comparison, Zomato’s overall revenue for FY24 surged by 71 percent to Rs 12,114 crore. Of this, Rs 6,161 crore came from its food delivery…
The company aims to raise between $1 billion and $1.2 billion through this offering, making it one of the most substantial IPOs in India this year.
This significant step marks a pivotal moment for the company as it continues to expand its presence in the retail and hospitality sectors across…
Started in 2014, Swiggy has a valuation of USD 12.7 billion as on April 10, 2024. Its annual revenue stood at USD 1.09 billion as on March 31, 2023.
Swiggy is part of a cohort of modern internet firms aiming to debut on public stock exchanges.
According to the document, losses amounted to 17.3 billion rupees (equivalent to USD 207 million) for the period spanning from April to December 2023…
Approximately 75% of the IPO is allocated for qualified institutional buyers, while 15% is designated for non-institutional investors, with the…
Samhi Hotels and Motisons Jewellers, a retail jewelry company based in Jaipur, have received approval from the Securities and Exchange Board of India…
It also operate hotels like, The Park, The Park Collection, Zone by The Park, Zone Connect by The Park and Stop by Zone and has a strong hold in the…
The company plans to introduce products in the premium, semi-premium, and deluxe segments that will help improve its profitability.
On the stock exchanges, Sula will make its debut between December 20 and December 22.
The Initial Public Offering (IPO) is a pure Offer For Sale (OFS) of up to 2,93,73,984 equity shares.
Since the IPO is completely an OFS, the company will not receive any proceeds from the issue.
As per the company, it is the largest producer of Bikaneri bhujia with an annual production of 26,690 tonnes, and the second-largest manufacturer of handmade papad with an annual production capacity of 9,000 tonnes in FY21.
Allied Blenders sells spirits ranging from whiskey and rum to brandy and vodka across 29 countries.
An associate of RJ Corp, the largest bottling partner of PepsiCo, it has interests in the Indian retail F&B sector.
By 1 pm, the issue received bids for 11,50,95,915 shares against the issue size of 11,25,69,719 shares.
The brand focused on digital adoption and revenue and sales from delivery grew from 51.15 per cent to 70.20 per cent this year.
The promoter and existing shareholders participating in the IPO include Dunearn Investment (Mauritius) and RJ Corp.
Zomato IPO subscribed 1.32 times on day 2, sees huge participation from young & first time investors
According to the statement, 27% of people who completed the Zomato IPO application on Paytm Money's platform were less than 25 years old while 60% were less than 30 years old.
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