November 2021

MobiKwik turns unicorn ahead of initial public offering
by admin|02 November 2021|IPO
IPO-bound fintech firm Mobikwik has turned unicorn after a recent secondary ESOP sale round led by former Blackstone India head Mathew Cyriac, sources aware of the development said on Tuesday. MobiKwik employees exercised their ESOPs (Employee stock ownership) in a...
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Sterlite Power bags Rs 324-crore transmission project
by admin|02 November 2021|Uncategorized
Sterlite Power, a leading private sector power transmission infrastructure developer and solutions provider, has been awarded the Nangalbibra-Bongaigaon interstate power transmission project worth Rs 324 crore through tariff-based competitive bidding (TBCB) by virtue of emerging as the L1 bidder," a...
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Paytm gets SEBI’s nod for Rs 16,600 crore IPO
by admin|02 November 2021|IPO
Paytm IPO: This will be India's biggest public issue so far, a record that was previously held by Coal India, which raised Rs 15,000 crore over a decade ago, underscoring the appetite for new-age Internet companies among institutional investors.
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IPL Team Auction: Sanjiv Goenka’s RPSG group bags Lucknow franchise; CVC Capital takes Ahmedabad
by admin|02 November 2021|Uncategorized
The Indian Premier League (IPL) is all set to be a 10-team tournament, come 2022 as RPS Goenka group bagged the Lucknow-based franchise for its highest bid at ₹7,090 crore, BCCI said in a release. Meanwhile, Ahmedabad-based franchise will be...
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Fino Payments Bank IPO: Retail portion fully subscribed nearly 3 times on Day 1
by admin|02 November 2021|IPO
Fino Payments Bank IPO includes a fresh issue of equity shares worth ₹300 crore and an offer for sale (OFS) of 15,602,999 equity shares by the promoter Fino Paytech Fino Payments Bank ₹1,200-crore initial public offering (IPO) will open for...
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Capital Small Finance Bank files IPO papers
by admin|02 November 2021|IPO
Capital Small Finance Bank filed its draft red herring prospectus with Sebi on Monday. The IPO comprises of fresh issue of equity shares aggregating up to ₹450 crore and an offer for sale of up to 38.40 lakh equity shares...
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Alcohol stocks in limelight, jump up to 10%; United Spirits at record high
by admin|02 November 2021|IPO
Shares of breweries & distilleries companies were in demand in an otherwise subdued market with United Spirits at record high on Friday on improved growth outlook. Pioneer Distilleries and Tilaknagar Industries also registered their respective 52-week highs, surging up to...
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API Holdings, owner of PharmEasy, all set to file DRHP for its IPO next week
by admin|02 November 2021|IPO
API Holdings, which owns and operates online pharmacy, PharmEasy, is all set to file its draft red herring prospectus (DRHP) for an initial public offering (IPO) next week, sources with direct knowledge of the development told Moneycontrol. The issue size...
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Helmets soon to become mandatory for children on motorbikes
by admin|02 November 2021|Uncategorized
The use of safety harnesses and helmets will soon become mandatory for children on motorcycles as the Union government plans to amend the Motor Vehicles Act in order to increase the safety of children on all two-wheelers. The ministry of...
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