IPO
Brief
Ola Electric’s Stock Market Debut: IPO 4.26 Times Oversubscribed, Shares Up 20%
Ola Electric Mobility, the brainchild of Bhavish Aggarwal, made a remarkable debut in the Indian stock market on August 9, 2024. The Initial Public Offering (IPO) garnered immense investor enthusiasm, being oversubscribed an impressive 4.26 times. On its first trading...
Brief
Ola Electric IPO: Is the Steep Valuation Discount a Strategic Move or a Sign of Underlying Concerns?
Dazeinfo -
The highly anticipated Ola Electric IPO is scheduled to launch on August 2, 2024. With a target of raising over Rs 6,100 crore, it is set to become India's biggest IPO this year and the first-ever IPO for an electric...
Brief
Ola Electric IPO: India’s First EV Startup IPO With $6 Billion Valuation
Dazeinfo -
The IPO of Ola Electric is all set to make its debut!!! Ola Electric, a leading player in India's electric two-wheeler (E2W) market, has recently received approval from the Securities and Exchange Board of India (SEBI) to launch its...
Brief
IPO Rush Triggers Layoff Wave in Indian Startups: Employees Must Secure Backup Jobs
Dazeinfo -
The Indian startup ecosystem is witnessing a harsh reality as companies race towards initial public offerings (IPOs).
With a sharp focus on improving profitability, many startups are resorting to layoffs, leaving employees and stakeholders with a sense of unease....
Brief
Ola IPO: The Optimisation Mode is On As Two C-Level Execs Depart In Just One Month
Dazeinfo -
When a company prepares for its initial public offering (IPO), it typically undergoes various transformations, often including cost-cutting measures to improve its bottom line. In a similar vein, Ola Cabs, a prominent ride-hailing company, is preparing for its IPO...
Brief
Swiggy Delivered Double-Digit Revenue Growth in FY23, But IPO Hopes Hinge on Turning Red Ink Blue
Dazeinfo -
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...
Brief
The Rise of Reverse Flipping: Why Indian Startups Are Choosing Bharat Over Global Headquarters?
Dazeinfo -
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...
Brief
Shein IPO 2024: From Fast-Fashion Royalty to Global Controversies and Challenges
Dazeinfo -
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...
Brief
Mamaearth’s Shares Fizzle on Debut: A Wake-Up Call for Indian D2C Brands Eyeing IPOs?
Dazeinfo -
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...
Brief
IPO Funding Rollercoaster: A 26% Dip in H1 FY24, as BFSI and New-Age Tech Firms Taken A Backseat
Dazeinfo -
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...
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Latest News
Apple Made Another Strategic Expansion in India: An Emerging Threat to Android’s Market Dominance
For years, Apple has maintained its status as a premium brand, with products often priced higher than competitors. Even...
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