North India’s prominent hospital chain ‘Park Hospitals’ parent company Park Medi World has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) on March 28, 2025 to launch its initial public offering (IPO). According to the DRHP, the hospital chain operator aims to raise a total … Read more
IPO-bound Zepto and Groww, two prominent unicorns in India’s startup ecosystem are seeing significant activity ahead of their proposed public listings later this year. Zepto, a leading player in Indian quick-commerce segment, is in talks for a $250 million secondary share sale while the top stockbroker and investment platform Groww is considering a $200 million … Read more
Studds Accessories, Faridabad-based helmets manufacturers has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on March 26, 2025 to launch its Initial Public Offering (IPO). IIFL Capital, ICICI Securities and MUFG Intime India are the book running lead managers for the Studds Accessories IPO. According to the … Read more
Breaking news: Zomato and Tata Capital backed fitness and wellness platform and gym chain operator Cult.fit is planning for an Initial Public Offering (IPO) to raise around Rs 2,500 crore (around $300 million) at a valuation of nearly $2 billion. The company has already finalized the investment bankers Axis Capital, Jefferies, Goldman Sachs, Morgan Stanley … Read more
Meesho, the Bengaluru-based social commerce platform has enlisted the investment bankers as it plans to launch its initial public offering (IPO). The company has already enlisted Morgan Stanley, Kotak Mahindra Capital and Citi as investment bankers and could add JP Morgan to the list of advisors on the road to IPO, a report by MoneyControl … Read more
SSF Plastics India Limited, a major player in manufacturing rigid plastic packaging and plastic engineering components in India, has announced its IPO plans. The company filed its draft red-herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) this week aiming to raise Rs 550 crore. SSF Plastics is currently the fourth biggest … Read more
PhysicsWallah, once a small YouTube channel, is now poised to become one of the biggest edtech firms to go public in India, and first in case of pureplay edtech firms as the company has filed its confidential draft red-herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The company has opted for … Read more
The Securities and Exchanges Board of India (SEBI) has further tightened the regulations for the Initial Public Offerings (IPO) by Small and Medium-sized Enterprises (SMEs) in a bid to protect investors in view of the rising concerns as SME IPOs continue to see increased investor participation. Key amendments include profitability requirements, capping of offer-for-sale and … Read more
Ather Energy, the two-wheeler EV manufacturer is one step closer to its IPO launch as the company has approved the conversion of its preference shares into equity shares. The company’s board of directors passed a resolution on March 08, 2025 approving the conversion of over 1.73 crore outstanding Compulsorily Convertible Preference Shares (CPPS) into 24.04 … Read more
The India Post Payments Bank (IPPB) is gearing up to go public via Initial Public Offering (IPO) route within the next 12 months. The central government, the owner of the 100% stake in the IPPB, has started the procedures to divest its stake in the IPPB to take it public before March 2026. The IPO … Read more