IPO

Swiggy Delivered Double-Digit Revenue Growth in FY23, But IPO Hopes Hinge on Turning Red Ink Blue

Swiggy, India's online food and grocery-delivery company, has recently filed its financial statements for fiscal 2023, ending on March 31, 2023, and the results are noteworthy. The company reported an impressive 45% YoY growth in its operating revenue, amounting...

The Rise of Reverse Flipping: Why Indian Startups Are Choosing Bharat Over Global Headquarters?

In a significant strategic move, several of India's leading startups are considering relocating their parent companies back to their homeland. This shift, particularly prevalent in the burgeoning fintech sector, is poised to reshape the landscape of Indian startups on...

Shein IPO 2024: From Fast-Fashion Royalty to Global Controversies and Challenges

Shein, the Chinese fashion retailer, has silently filed for an initial public offering (IPO) in the United States. This latest move confirms earlier speculations and underscores the company's intention to extend its global presence. With a current known valuation...

Mamaearth’s Shares Fizzle on Debut: A Wake-Up Call for Indian D2C Brands Eyeing IPOs?

Shares of Honasa Consumer, the parent company of FMCG brands like Mamaearth, made a modest entrance on Dalal Street. The stock is listed at a slight 1.8% premium over its IPO price, with an opening price of ₹330 on...

IPO Funding Rollercoaster: A 26% Dip in H1 FY24, as BFSI and New-Age Tech Firms Taken A Backseat

In the dynamic world of Indian finance, the first half of the fiscal year 2023-24 (H1 FY'24) has brought forth intriguing trends in initial public offerings (IPOs) and public equity fundraising. According to the PRIME Database, Indian companies took...

LIC valuation plummets ₹2 trillion within a year of IPO: Analysts still bullish on buying

LIC (NSE: LICI), India's esteemed Life Insurance Corporation, has always been a titan in the country's financial landscape. However, in recent months, it has found itself in the spotlight for all the wrong reasons. In a surprising twist, LIC...

Mamaearth IPO on hold: Investors giving cold shoulders to $3 billion valuation?

Another Indian startup has put its IPO plan on hold, for an indefinite period. The much-talked Mamaearth IPO is the latest one facing the heat due to tough market conditions. Mamaearth, an Indian skincare startup, has reportedly delayed its initial...

Warren Buffett’s Invaluable Advice Helped Google Go Public, But He Never Invested

Alphabet Inc., Google’s parent company is ranked among the world's top 10 most valuable publicly traded companies with a market capitalization of nearly $2 trillion. But only a few people are aware of the fact that both Sergey Brin and...

LIC IPO: The lukewarm response from foreign investors turn grey market premium in negative

The initial excitement towards LIC IPO has vaporized. Ahead of the listing scheduled for May 17, 2022, the grey market premium (GMP) of Life Insurance Corp. (LIC) shares turned negative on Wednesday, seeding a sense of fear and disappointment...

More Trouble For Paytm As Macquarie Further Slashed the Target Price to Rs 450

Looks like the troubles for Paytm are far from over! Today morning, Paytm's stock was trading at around Rs 620, down nearly 2 percent from the previous close on the National Stock Exchange. Surprisingly, the current price is 70...
- Advertisement -

Latest News

AI on iPhone: Apple’s Game-Changing Move Set to Disrupt the Global Smartphone Industry

In a move that could redefine the smartphone industry, Apple has hinted at a significant shift in its approach...
- Advertisement -