Initial Public Offering

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Former Swiggy Employee Accused Of Embezzling Rs 33 Crore, Investigation Underway | Economy News

New Delhi: A former junior employee at Swiggy has been accused of embezzling a Rs 33 crore from the food delivery giant, according to the company’s 2023-24 annual report, as reported by Moneycontrol. The company enlisted an “external team” to investigate the situation and has taken legal action against the former employee. “The Group, during […]

ABHISEK RAJPUT

September 6, 2024

Firstcry’s Parent Brainbees Solutions Shares Jump 40% In Debut Trade | Economy News

New Delhi: Shares of e-commerce platform FirstCry’s parent Brainbees Solutions Ltd on Tuesday listed with a premium of 40 per cent against the issue price of Rs 465. The stock made its debut at Rs 625, a jump of 34.40 per cent from the issue price on the BSE. Later, it surged 52 per cent […]

ABHISEK RAJPUT

August 13, 2024

FirstCry IPO: Should Investors Subscribe? Here’s What Brokerages Are Saying | Economy News

New Delhi: The Rs 4,194 crore initial public offer of e-commerce platform FirstCry’s parent Brainbees Solutions that opened on Tuesday, saw 11 percent on the first day of bidding. The IPO, that closes for public subscription on August 8, received bids for 53,36,320 shares against 4,96,39,004 shares on offer on day 1, as per NSE […]

ABHISEK RAJPUT

August 7, 2024

FirstCry’s Rs 4,194 Crore IPO Announced: Price Band Set At Rs 440-465 Per Share | Markets News

New Delhi: Online e-commerce platform FirstCry’s parent, Brainbees Solutions Ltd on Thursday fixed a price band of Rs 440-465 a share for its Rs 4,194 crore Initial Public Offering (IPO). The initial share sale will open for public subscription on August 6 and close on August 8 and the bidding for the anchor portion will […]

ABHISEK RAJPUT

August 1, 2024

Ola Electric IPO Opens On August 2: Check Price Band And Other Subscription Details | Markets News

New Delhi: Homegrown EV firm Ola Electric is set to offer shares in the price band of Rs 72-76 in its initial public offering (IPO) worth Rs 5,500 crore that will open for subscription on August 2 and close on August 6. Around 10 per cent of the IPO will be reserved for retail investors. […]

ABHISEK RAJPUT

July 29, 2024

Emcure Pharmaceuticals Limited IPO: Should You Subscribe? Check What Brokerages Are Saying | Markets News

New Delhi: Bain Capital-backed Emcure Pharma launched its Initial Public Offering (IPO) on July 3.The initial share sale will conclude on July 5, according to the Red Herring Prospectus (RHP). At a price band of Rs 960 to Rs 1,008 per share, the IPO comprises fresh issuance of equity shares worth Rs 800 crore and […]

ABHISEK RAJPUT

July 3, 2024

Banks Advising Hyundai On Its India IPO Set To Get $40 Million In Fees | Markets News

New Delhi: Investment banks advising Hyundai Motor’s Indian unit on its initial public offering (IPO) will get nearly USD 40 million as fees, making it the second-highest IPO-fee, as per media reports. A report in the Reuters news agency has said that Hyundai India “will pay banks, including JPMorgan, Citigroup and HSBC, 1.3% of the […]

ABHISEK RAJPUT

June 26, 2024

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