Synopsis India’s Oyo Hotels is speeding up plans for an initial public offering, as an important year-end debt repayment deadline approaches. Creditors, including Mizuho Financial Group Inc., insist that founder Ritesh Agarwal pay off the dues for $383 million he borrowed — part of a multibillion-dollar loan package — if the startup doesn’t have an IPO by October, people familiar […]
Tata Capital IPO could be valued at $11 billion, making it India’s largest this year with potential proceeds of $2 billion. The company approved the listing of 230 million shares and a rights issue worth approximately $172 million, amidst a vibrant IPO sector in India. Tata Capital IPO: Tata Group is aiming for a valuation of up to $11 billion […]
MSEI board has approved the issuance of 119 crore equity shares through private placement at Rs 2 apiece Metropolitan Stock Exchange of India (MSEI), has approved the issuance of equity shares worth Rs 238 crore through a private placement. The fund raising will see participation of marquee names including Billionbrains Garage Ventures, which is the promoter entity of Groww; Rainmatter […]
The National Stock Exchange (NSE) has been planning its IPO (Initial Public Offering) for quite a while now. In fact, NSE filed its DRHP way back in 2016. Since 2020, the news of NSE’s IPO keeps surfacing. However, over the last few years, the company has faced delays due to various regulatory hurdles and other factors. NSE IPO Details As […]