According to media reports, Indira IVF Hospital Ltd., which is funded by EQT, has temporarily cancelled its preparations for its IPO. The decision was taken due to a Bollywood movie about the life of its founder, Ajay Murdia. According to reports, the business, which had initially sought an IPO of
For its impending initial public offering (IPO), NoPaperForms has hired two investment bankers. The company offers SaaS-based enrolment automation solutions under the Meritto name, has hired two investment bankers. According to a media report, which cited people familiar with the situation, the Naveen Goyal-led business has chosen IIFL Capital and
OYO, a travel tech platform, is speeding up its plans for an IPO as it approaches a significant deadline for year-end debt payments. A media agency reported that if the business doesn't go public by October, creditors, notably Mizuho Financial Group Inc., are putting pressure on founder Ritesh
Ahead of its much-awaited $500 million initial public offering (IPO), Fintech SaaS startup Perfios has developed a new employee stock option plan (ESOP) for its staff called "Perfios ESOP 2025-A." At an extraordinary general meeting on February 5, the company's board approved the plan to launch
PhonePe, owned by Walmart, has selected four investment banks as advisors as India's leading digital payments platform aims to enter the domestic tech IPO sector, targeting a valuation of up to $15 billion. As per a media report, PhonePe plans to initiate the IPO process in the first
With ambitions to list on Indian stock exchanges, fintech business PhonePe said on 20 February that it has started preparing for the start of its initial public offering (IPO). According to a press release from PhonePe, the company, which will mark its tenth anniversary this year, provides cutting-edge financial services
As it gets ready to go public in 2026, Licious, an online meat and seafood vendor in India supported by Temasek Holdings Pte, is looking to turn a profit and join a number of consumer-focused businesses vying for market share in the nation. To compete with rapid commerce rivals, Delightful
According to those briefed on the subject, Lenskart is contemplating a possible $10 billion valuation for its impending initial public offering (IPO), which is quadruple that of its most recent investment round. According to the omnichannel eyeglasses store, the brand is planning to file draft papers in May. In recent
Prior to its initial public offering (IPO), last-mile delivery firm ShadowFax has appointed Bijou Kurien, Ruchira Shukla, and Pirojshaw Sarkari as independent directors to its board. The company statement claims that the new additions would improve its governance framework and solidify its place in the changing direct-to-business (D2C) and e-commerce
One of the most well-known companies in the solar solutions sector, Solarium Green Energy, is preparing to go public with its SME IPO on February 6, 2025. Through this offering, the company would raise around INR 105.04 crore, or $12.5 million. For the business, it is a crucial
WeWork India Management, an office-sharing business owned by the Embassy Group, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI), the capital markets regulator, in order to acquire money through an initial public offering (IPO). An offer for sale (OFS) of up
B2B marketplace unicorn OfBusiness has taken another step towards becoming a public business in anticipation of its initial public offering (IPO). On January 27, the board of OfBusiness approved a resolution to convert the company from a private to a public entity. According to the company's regulatory papers,
According to a media report, used automobile marketplace Droom plans to submit the draft documents for its INR 1,000 Cr (about $115 Mn) IPO by June of this year. Both a fresh issue and an offer for sale will be included in the IPO offer; the fresh issue will
According to a media source, Curefoods, a food and beverage startup founded by Ankit Nagori, a former senior Flipkart executive, has started talking about hiring legal firms and investment banks for its initial public offering (IPO). According to various media outlets, the firm recently met with a number of bankers
According to reports, Pine Labs, a prominent fintech company, is preparing to submit its IPO draft papers by the middle of next month. A media site reported that the company aims to list on the bourses as soon as possible after finishing all the procedures required to move its base
According to a media outlet report, Zepto, a quick commerce startup, is thinking of raising the amount of its initial public offering (IPO) to between $800 million and $1 billion, including secondary shares. The company's intentions for a public offering, which include an expected $5.5 billion in
According to a media report, Temasek-backed hospital network Manipal Health Enterprises Ltd. has requested banker presentations for an anticipated $1 billion IPO, valuing the company established by Ranjan Pai at more than $7.5-8 billion. The report further stated that the bankers have been requested to make official proposals early
With a $35 million corpus, equity management platform Hissa has introduced Hissa Fund I to give the Indian employment stock option plan (ESOP) market liquidity. Established as a SEBI-registered Category II Alternative Investment Fund, the company would seek to invest in 15 to 20 companies in the development stage and
According to reports, Zetwerk, a B2B marketplace backed by Peak XV, has selected six bankers to lead a possible $500 million IPO later this year. According to an international media agency, Zetwerk has nominated Kotak Mahindra Bank, Jefferies Financial Group, Axis Capital, Goldman Sachs Group, JM Financial, and JPMorgan Chase
According to reports, Urban Company, a startup providing hyperlocal services, plans to submit draft documents for its INR 3,000 Cr IPO by the end of March. According to a report that cited sources, the company will issue both new and existing shares in its first public offering (IPO). The
The Securities and Exchange Board of India (SEBI), which oversees capital markets, has given JSW Cement Limited, a division of the global conglomerate JSW Group, its final approval to raise INR 4000 crore through an initial public offering (IPO). On August 16, the business submitted its IPO documents to the
According to a media report, stockbroking company Groww has been in talks with several investment bankers about its initial public offering (IPO), hoping to earn about $700 million at a valuation of $7-8 billion. Groww has begun the IPO process by working with investment bankers. The timing hasn't
According to reports, Ather Energy, an electric car startup, is aiming for a $2.4 billion value for its impending initial public offering (IPO) this year. The new valuation is more than 80% higher than its previous round of fundraising, according to a media story that cited sources. The firm
According to industry sources, the eyewear company Lenskart has reached out to bankers to make a pitch for its impending IPO, which aims to raise roughly $1 billion. The company intends to go public by the beginning of next year and hopes to be valued at around $7 billion. The