One more company that has recently filed the draft red herring prospectus (DRHP) for its proposed IPO is Concord Biotech. Incidentally, Concord Biotech is backed by Quadria Capital Fund and RARE Enterprises. For the uninitiated, RARE Enterprises is t

The anchor issue of Syrma SGS Technology Ltd saw a robust response on 11th August 2022 and the announcement was made late on Thursday. The IPO opens on 12th August 2022 in the price band of Rs.209 to Rs.220 and shall close for subscription on 18th Au

Balaji Speciality Chemicals, a subsidiary of listed specialty chemicals player Balaji Amines, has filed the draft red herring prospectus (DRHP) with SEBI for its proposed IPO. The SEBI approval normally takes around 2-3 months post which, if SEBI is

IPOs may not be happening in the last 2 months and even the companies that have got approval from SEBI are just waiting in the side lines. However, that has not prevented from fresh filing of draft red herring prospectus by the potential IPO candidat

Amidst the carnage in the digital stocks and the sharp correction, one stock has stood out. Delhivery, the digital logistics player, which recently closed the IPO around the same time as LIC, has done exceedingly well on the bourses, notwithstanding

Just a few months back, PharmEasy was one of the most sought after digital pharmacy portals in India. However, a lot has changed in the digital ecosystem in the last few months. Not only have digital IPOs had a rough time in the bourses, but even the

In 2009, Paytm was launched by One 97 Communications as their first digital mobile payment platform. The platform has found popularity among the crowds and now has a brand value of $6.3 billion. The platform allows cashless transactions at stores, mo

Godavari Biorefineries Ltd has filed its preliminary documents with the capital markets regulator Securities and Exchange Board of India to raise funds through an initial public offering (IPO). The IPO comprises a fresh issuance of shares worth Rs

Aditya Birla Sun Life Asset Management Co Ltd will open its initial public offering for subscription next week, seeking to become the fourth mutual fund house in India to list its shares on stock exchanges. The company said the red herring prospec

Sansera Engineering Ltd, which makes components for automotive and aerospace companies, made a positive stock market debut on Friday as its shares listed at a 9% premium to its initial public offering (IPO) price. The company’s shares listed on

Consumer durables and electronics retail chain Electronics Mart India Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering. The Hyderabad-based company aims to raise R

India was always known for its great hospitality and cuisine, but never really for its hotels, at latest not in the budget segment. Eight years ago, a startup disrupted and effectively transformed the face of the Indian hotel landscape, thou