Fundraising through SME IPOs hit a new high in FY24, Rs 5,579 crore raised | News on Markets

Premium The minimum application size for SME issues is around Rs 1 lakh, compared to Rs 15,000 for the mainboard issues The initial public offerings (IPOs) by small and medium enterprises firms hit a new high in the financial year 2023-2024 (FY24). In this fiscal year, data from the Prime Database showed that 190… Continue reading Fundraising through SME IPOs hit a new high in FY24, Rs 5,579 crore raised | News on Markets

Tech boom? India to see 40 startups launch IPOs in the next two years

Around 40 new-age firms could go public or be ready for an initial public offering ( IPO) by fiscal year 2025 as the ecosystem has turned its focus on profitability, according to a report by consulting firm Redseer.  SaaS, B2C Product Companies, and FinTech are amongst the most promising categories to produce IPO-ready… Continue reading Tech boom? India to see 40 startups launch IPOs in the next two years

Mamaearth’s parent Honasa Consumer gets Sebi’s nod to float IPOs

Honasa Consumer Ltd, which owns FMCG brands Mamaearth and The Derma Co, and healthcare tech firm Indegene Ltd have received markets regulator Sebi’s clearance to raise funds through Initial Public Offerings (IPOs). In addition, engineering, procurement and construction (EPC) firm Vishnu Prakash R Punglia Ltd obtained Sebi’s go-ahead to float the initial share… Continue reading Mamaearth’s parent Honasa Consumer gets Sebi’s nod to float IPOs

Honasa Consumer, healthcare tech firm Indegene get Sebi’s nod to float IPOs

Honasa Consumer Ltd, which owns FMCG brands Mamaearth and The Derma Co, and healthcare tech firm Indegene Ltd have received markets regulator Sebi’s clearance to raise funds through Initial Public Offerings (IPOs). In addition, engineering, procurement and construction (EPC) firm Vishnu Prakash R Punglia Ltd obtained Sebi’s go-ahead to float the initial share… Continue reading Honasa Consumer, healthcare tech firm Indegene get Sebi’s nod to float IPOs

World’s biggest market for under-$100 million IPOs booms in India

By Satviki Sanjay and Ashutosh Joshi Small is beautiful in India’s market for initial public offerings after the disappointment of hyped mega-share sales.    From finance startup Paytm to the nation’s largest insurer, investors have lost money from those IPOs in the past two years. They’ve turned to companies offering up to… Continue reading World’s biggest market for under-$100 million IPOs booms in India