The proposed initial public offer plan of the hospitality firm follows the success of Zomato's IPO that ended with bumper oversubscription on 16 July, the biggest since March 2020.
Bumper pool of fees has become all the more significant for bankers in an especially harrowing year, that saw sickness and death come much closer to home due to Covid pandemic.
Byju’s is aiming to file its initial IPO documents as early as the second quarter of next year. The startup and its bankers are discussing a valuation of $40 billion to $50 billion.
The airline plans to utilise over Rs 2,015 crore from the IPO proceeds towards pre-payment or scheduled repayment of all or a portion of certain outstanding borrowings.
Long overshadowed by their Chinese peers, new crop of startups is coming of age just as Beijing’s clampdown puts damper on growth prospects in what was once the region’s hottest IPO market.
The new brewery in Madhya Pradesh will initially add 400,000 hectoliters a year. Bira is also preparing for its last round of private fund raising before it pins down its listing plans.
Founded in 2011, Delhivery handles over 1.5 million packages a day and would add to a strong lineup of Indian startups that are ready to tap the IPO market in the coming months.
The latest additions to ThePrint’s properties will improve your understanding of the India we live in, whether it's through the prism of AI or civil services.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
Since 1815, Nepali Gorkhas have served in Indian & British Armies, as well as in Bihar, Bengal & Assam Police. Since Agnipath scheme came in, no Nepal-domiciled Gorkha has enlisted.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
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