IPO
E-scooter maker Ather Energy initiates talks for IPO
Bengaluru-based electric 2-wheeler maker Ather Energy has initiated discussions with investment banks, exploring the possibilities of going public.
Public Market
IPO
Life insurance player IndiaFirst Life to go for Rs.2,000-Cr IPO
IndiaFirst Life Insurance Co Ltd, a Mumbai-headquartered insurance company backed by Bank of Baroda, Union Bank of India and private equity firm Warburg Pincus, is in talks with investment banks for its proposed IPO…
Other Deals - Listed Firms
PolicyBazaar CEO Yashish Dahiya sells shares worth Rs.230-Cr
Yashish Dahiya, the co-founder and CEO of PB Fintech, owner of PolicyBazaar and PaisaBazaar, has offloaded nearly 38 lakh shares of the company for INR 230 crore through an open market transaction. Dahiya sold…
IPO
Tamilnad Mercantile Bank's Rs.1,000-Cr IPO receives SEBI nod
Thoothukudi (Tamil Nadu)-based Tamilnad Mercantile Bank Ltd, has received capital markets regulator Sebi's approval to raise INR 1,000 crore through an initial public offering (IPO). The proceeds will be used for…
Other Deals - Listed Firms
SME lender Moneyboxx raises Rs.21-Cr from HNIs
Moneyboxx Finance Ltd (Moneyboxx), a BSE-listed non-banking finance company (NBFC) has raised INR 20.77 crore through private placement with non-promoter investors. The Gurugram-based firm plans to use the funds to…
Other Deals - Listed Firms
Wind energy solutions provider Inox raises over Rs.400-Cr
Publicly-listed wind energy solutions provider, Inox Wind Ltd, has completed the allotment of equity shares at an issue price of INR 126 per equity share and convertible warrants for an issue price of INR 132 per…
Other Deals - Listed Firms
SBI-led consortium of banks sells Rs.8,000-Cr of Suzlon loans to REC, IREDA
A group of 16 banks led by the State Bank of India (SBI) has sold more than INR 8,000 crore of Suzlon Energy loans to the Rural Electrification Corp (REC) and the state-owned Indian Renewable Energy Development Agency…
IPO
Sula Vineyards plans Rs.1,400-Cr IPO
Nashik-based Sula Vineyards is to file for an initial public offering (IPO) of INR 1,200-1,400 crore. The company has appointed Kotak Mahindra Capital, CLSA, and IIFL as the merchant bankers which will comprise a fresh…
IPO
B2B payments enabler PayMate files DRHP to raise Rs.1,500-Cr
Mumbai-based B2B payment services provider PayMate India has filed its draft red herring prospectus (DRHP) for an INR 1,500 crore IPO, which includes an issuance of fresh equity shares worth INR 1,125 crore. The…
Secondary Issues
Brookfield India REIT to raise Rs.5,000-Cr via sale of units
Brookfield India Real Estate Trust plans to raise INR 5,000 crore through sales of units to institutional investors.