Swiggy had a rather muted IPO debut in terms of subscriptions by various segment of investors. The food delivery major, which is looking to raise ₹11,327 crore through its IPO, has already…
Tag: IPO
Swiggy files for $1.25Bn India IPO, looks to raise nearly $450Mn in fresh issue
Swiggy, as per its latest updated DRHP submitted to SEBI, is going for a massive ₹10,250 crore (~$1.25B), making it one of the biggest in the country. The issue includes a fresh…
Hero-backed EV maker Ather files for IPO, to raise $369.4 Mn
Ather Energy, the Hero-backed Indian electric two-wheeler maker, has taken a significant step towards its expansion by filing for an Initial Public Offering (IPO). The company’s Draft Red Herring Prospectus (DRHP), submitted…
Markets favour a Jio spin-off from Reliance, with possible $112Bn valuation IPO in 2025: Jeffries report
Reliance-owned Jio, which is backed by the likes of Google, Microsoft, Meta among others, could set itself up for a staggering $112Bn IPO in the 2025 calendar year. According to a research…
Baron Capital marks up stake in Swiggy, values it at $15.1Bn ahead of IPO
US-based asset manager Baron Capital has significantly marked up the valuation of its stake in Swiggy, assigning it a valuation of $15.1 billion. This update, as reflected in regulatory filings, indicates an…
Swiggy files for $1.25Bn confidential IPO
Swiggy, the second major player within India’s duopolised food delivery market, has confidentially filed for a $1.25Bn IPO. The issue includes 450 million fresh shares and a $800-million offer-for sale by existing…
Swiggy confidentially files for $1.25Bn IPO
Swiggy, the second major player within India’s duopolised food delivery market, has confidentially filed for a $1.25Bn IPO. The issue includes 450 million fresh shares and a $800-million offer-for sale by existing…
Reddit is reportedly aiming for a $748Mn fundraise in upcoming IPO
Reddit, “the front page of the internet”, is inching closer to its highly anticipated initial public offering (IPO), aiming to raise up to $748 million, according to a Bloomberg report. This would…
Reddit could launch an IPO in March: Reuters
After years of speculation and anticipation, Reddit is reportedly gearing up for its initial public offering (IPO) in March 2024, reports Reuters. The San Francisco-based social media giant’s move into the public…
MobiKwik aims for ₹700 Crore in IPO revival
Indian fintech giant MobiKwik has once again set its sights on the public market, filing a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise…