January 2022

Hexaware Tech revenue to grow at 12-14% next fiscal: Fitch

by admin|20 January 202220 January 2022|IPO, Uncategorized

Fitch Ratings has projected Hexaware Technologies' revenue to grow at 12-14% in the next fiscal and said the company has a "positive" credit outlook. The agency has assigned India-based Hexaware Technologies long-term foreign- and local-currency issuer default ratings (IDR) of 'BB-' and said...

Sterlite Power: Thrust on Renewables and Transmission Projects holds the key for growing Power Sector

by admin|20 January 202220 January 2022|IPO, Uncategorized

2021: The year that was 2021 has been a mixed bag for most businesses; however, on a net basis, we, at Sterlite Power, had more positives. Earlier in the year, we flipped the prestigious Northeast Region Transmission project which is...

Course5 Intelligence files draft papers to raise Rs 600 cr via IPO

by admin|20 January 202220 January 2022|IPO

Pure-play data analytics and insights company Course5 Intelligence Ltd has filed preliminary documents with markets regulator Sebi to raise Rs 600 crore through an initial share-sale. The initial public offering (IPO) comprises a fresh issue of equity shares aggregating up...

Sterlite Power eyes ₹70,000 crore of renewable energy transmission projects

by admin|20 January 202220 January 2022|IPO

Company to raise ₹1,250 crore from initial public offer Sterlite Power Transmission Ltd. said it would aggressively bid for business from among the transmission projects worth ₹70,000 crore coming up for auction soon. These projects have been announced for evacuation...

Sanathan Textiles files draft papers with Sebi for Rs 1300 cr IPO

by admin|20 January 202220 January 2022|IPO

Mumbai-based Sanathan Textiles, filed its draft red herring prospectus (DRHP) with the market regulator Sebi to raise funds through an Initial Public Offering (IPO). The issue size will be in the range of Rs 1,200-1,300 crore. The yarn manufacturer plans to...

Reliance Retail To Invest INR 300 Cr in Robotics Company Addverb Technologies

by admin|20 January 202220 January 2022|IPO, Uncategorized

Adverb was founded in 2016 by Amit Kumar, Ashu Kansal, Bir Singh, Neeraj Sharma, Prateek Jain and Sangeet Kumar Addverb had earlier raised around $10 Mn from Jalaj Ashwin Dani of Asian Paints In September this year, RIL had acquired...

Medanta brand owner, Veeda Clinical get Sebi’s go-ahead to float IPOs

by admin|20 January 202220 January 2022|IPO

Co-founded by Naresh Trehan, Medanta brand owner Global Health is a leading private multi-speciality tertiary care providers in the north and east regions of India Global Health Ltd, which operates and manages hospitals under the Medanta brand, and clinical research organisation Veeda...

Sterlite arm bags second lot in transmission auction in Brazil

by admin|20 January 202220 January 2022|IPO, Uncategorized

Sterlite Power Transmission arm Sterlite Brazil Participacoes S.A. has bagged second lot in transmission project in an auction in Brazil. "Sterlite Brazil Participacoes S.A. (Sterlite Brazil), a subsidiary of India's Sterlite Power Transmission (the company), won lot 02 in the transmission auction (no. 002/2021), promoted on 17th...

₹1 trillion IPOs in the pipeline in New Year

by admin|20 January 202220 January 2022|IPO

Sixty-three Indian companies raised a record ₹1.19 trillion through mainboard IPOs in 2021, according to data from primary market tracker Prime Database With initial public offerings on track for a record year in India, companies are racing to go public, resulting...

Travel booking website TBO.com files draft papers to raise Rs 2,100 crore via IPO

by admin|20 January 202220 January 2022|IPO

The IPO consists of a fresh issue of Rs 900 crore and an offer for sale (OFS) of Rs 1,200 crore by its existing shareholders and promoters. B2B travel booking website TBO.com’s parent company TBO Teck Ltd has filed draft...