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Wednesday, May 8, 2024
TopicIPO

Topic: IPO

How low interest rates, liquidity are helping India fan a world-beating stock market rally

Overseas funds have poured $7.2 billion into India’s equities this year. IPO market is on a tear, thanks to startups, & India looks set to attract investors scared off by China’s crackdown.

The Zomato effect — a Rs 654-crore IPO boom is sweeping across India’s startups

Performance of recent IPOs, such as Zomato, has fed enthusiasm. Money raised in 2021 surpassed totals of past 3 years. Now, Paytm, Flipkart & Byju's are considering IPOs too.

With Nykaa IPO, Falguni Nayar gets her own story to become a billionaire start-up CEO

Nayar, a former investment banker, owns about half of the company with her husband and children. If the Nykaa IPO goes as planned, the value of their stake could exceed $2 bn.

Something nearly tore Mariwala family apart. Timely IPO saved it from hostile takeover

In 'Harsh Realities: The Making of Marico' entrepreneur Harsh Mariwala and management expert Ram Charan zoom in on the journey of the company - from its establishment in 1987 - to becoming a leading international FMCG giant.

Beauty & fashion startup Nykaa plans to seek $4 billion valuation in IPO

The company, founded by Falguni Nayar, plans to sell just more than 10% of the equity, which could raise $400 million or more.

Amid IPO tech boom, SEBI considers rules change that hold controlling shareholders accountable

SEBI chairman Ajay Tyagi says that while current concept of holding founders accountable is unique to India, a controlling shareholder regime for representing an entity is more logical.

IPOs of Paytm, South Korea’s KakaoBank reveal Gen Z’s vision of banking

Internet-based businesses are raising funds at a record pace, making use of the boost given by the pandemic to all things digital.

Zomato gains nearly 66%, closes at Rs 126 in trading debut

Compared with the IPO price of Rs 76, Zomato surges in its trading debut Friday. This is a boon for China's Ant Group, which is benefiting from its early investments in Indian companies, including Zomato and Paytm.

Will Zomato deliver? IPO listing today will be barometer for India’s unprofitable unicorns

Zomato has generated a seldom-seen frenzy among the investment community. Investors will now get a taste of the food delivery giant when it debuts today after a $1.3 billion IPO.

Zomato, Flipkart, Paytm — flush with unicorns, India’s tech moment arrives

With China's crackdown on internet companies and India’s 625 million internet users just dipping their toes into the world of social networking & ecommerce, investors are turning their attention to India.

On Camera

Xi Jinping is courting France. India must make sure its European partner isn’t seduced

Xi won’t be walking away from Europe with a win in hand, but his visit will almost certainly ignite arguments about the continent’s geopolitical future.

Air India reduces baggage allowance by 5-15 kg, bringing it in line with rest of industry

Air India’s new policy, effective from 2 May, introduces new weight limits for tickets in each of the different 'fare families' — Comfort, Comfort Plus, and Flex.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.