IPO Archives - R9 News

Ola Electric Receives SEBI Approval for $660 Million IPO: A Major Milestone for India’s EV Market

Ola Electric, the leading Indian e-scooter manufacturer, has achieved a significant milestone by securing regulatory approval from the Securities and Exchange Board of India (SEBI) for its $660 million Initial Public Offering

June 11, 2024

Business

Bajaj Housing Finance Targets Rs 7,000 Crore through IPO Filing with SEBI

Bajaj Housing Finance, a wholly-owned subsidiary of Bajaj Finance, has taken a significant step towards expanding its financial capabilities by filing a Draft Red Herring Prospectus (DRHP) with the Securities and Exchange

June 8, 2024

Business

Walmart’s IPO Plans for Flipkart and PhonePe: A Look Ahead

Walmart is strategically planning the initial public offerings (IPOs) of its Indian subsidiaries, Flipkart and PhonePe, with timelines extending over the next few years, according to a company executive. Dan Bartlett, Walmart’s

June 8, 2024

Business

IPO-Bound Ola Electric to Lay Off 400-500 Employees in Cost-Cutting Move

Ola Electric, a prominent player in the electric vehicle (EV) market, is reportedly planning to cut its workforce by 400-500 employees as part of a strategic move to streamline operations and reduce

June 3, 2024

Business

Google Invests $350 Million in Flipkart as Part of $1 Billion Funding Round

Tech giant Google is set to invest approximately $350 million in Walmart-owned e-commerce company Flipkart, according to sources. This investment forms a significant portion of the $1 billion funding round initiated by

May 25, 2024

Business·Latest News

SEBI Amends IPO Regulations to Simplify Business Operations for Companies

The Securities and Exchange Board of India (SEBI) has introduced significant amendments to its regulations to streamline the process for companies planning Initial Public Offerings (IPOs). This move aims to enhance the

May 21, 2024

Allied Blenders Ltd Receives SEBI Approval for Rs 1,500-Crore IPO

Allied Blenders and Distillers Ltd, the renowned maker of Officer’s Choice Whisky, has secured the green light from the Securities and Exchange Board of India (SEBI) to launch an Initial Public Offering

May 14, 2024

Business·Latest News

Flipkart Eyes Domicile Shift from Singapore to India Ahead of Potential IPO

In a strategic move with its eye on an upcoming initial public offering (IPO), Flipkart, the e-commerce giant owned by Walmart, is considering relocating its domicile from Singapore back to India. This

May 13, 2024

Business·Latest News

Shapoorji Pallonji Group Seeks $1.2 Billion Loan from Power Finance Corp for Debt Refinancing

The Shapoorji Pallonji (SP) Group is in discussions with Power Finance Corporation (PFC) to secure a loan of up to $1.2 billion to refinance a portion of its Rs 20,000 crore debt

May 6, 2024

Business·India

TBO Tek’s INR 1,551 Cr IPO: Opening on May 8 – Here’s What You Need to Know

Travel Boutique Online, also known as TBO Tek, is gearing up for its highly anticipated initial public offering (IPO) with a price band set between INR 875 and INR 920 per equity

May 4, 2024

Business