PhysicsWallah files confidential IPO papers with Sebi
6 days, 16 hours ago

PhysicsWallah files confidential IPO papers with Sebi

Firstpost  

PhysicsWallah, the edtech unicorn based in Noida, has filed draft IPO papers with the Securities and Exchange Board of India through a confidential pre-filing route. What’s confidential filing PhysicsWallah announced on Wednesday that it has “filed pre-DRHP with Sebi and the stock exchanges under ICDR Regulations in relation to the proposed initial public offering of its equity shares on the mainboard of the stock exchanges”. Unlike the traditional route, where companies must launch the IPO within 12 months of Sebi’s approval, the pre-filing route allows for an IPO to be floated within 18 months of Sebi’s final comments. This route also provides flexibility to change the primary issue size by up to 50 per cent until the Updated Draft Red Herring Prospectus stage.

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Ather Energy gets SEBI nod for fundraise via IPO launch. Details here
2 months, 3 weeks ago

Ather Energy gets SEBI nod for fundraise via IPO launch. Details here

Live Mint  

Ather Energy, the electric two-wheeler manufacturer, has received final approval from capital markets regulator Securities and Exchange Board of India to float its initial public offering. According to the company’s Draft Red Herring Prospectus filed in September this year, Ather Energy IPO will be a combination of fresh issue of equity shares worth ₹3,100 crore, and an offer-for-sale of 2.2 …

NSE’s IPO plan stumbles at Sebi’s door over pending legal cases
1 year, 11 months ago

NSE’s IPO plan stumbles at Sebi’s door over pending legal cases

Live Mint  

The National Stock Exchange of India's share listing plan will not be approved by the market watchdog until pending legal and regulatory cases involving the nation's biggest bourse are resolved, two sources familiar with the matter said. The Securities and Exchange Board of India has formed an internal view that due to the pending cases it won't approve NSE's application …

LIC IPO gets Sebi approval; what's next for investors, policyholders
3 years ago

LIC IPO gets Sebi approval; what's next for investors, policyholders

India Today  

LIC's initial public offering has received a nod from market regulator the Securities and Exchange Board of India. Sebi's approval comes in the wake of reports that the initial share sale was set to be delayed to next financial year due to market volatility stoked by the Ukraine crisis. RUSSIA-UKRAINE WAR IMPACT ON LIC IPO Last week, DIPAM Secretary Tuhin …

IREDA, Shyam Steel get Sebi nod for IPO
5 years, 5 months ago

IREDA, Shyam Steel get Sebi nod for IPO

Live Mint  

State-owned Indian Renewable Energy Development Agency and Kolkata-based firm Shyam Steel Industries have received markets regulator Sebi's approval to float initial public offerings. IREDA, which filed its draft IPO papers with the regulator in July, received its observations on September 27, latest update with the Securities and Exchange Board of India showed. Shyam Steel's IPO consists of fresh issue of …

Firms continue to file DRHPs with Sebi despite IPO lull
6 years, 4 months ago

Firms continue to file DRHPs with Sebi despite IPO lull

Live Mint  

Mumbai: Despite a near freeze in initial public offerings, the past two months have seen 19 companies filing their draft documents with the Securities and Exchange Board of India, according to data from the markets regulator. Companies that have filed DRHPs in the last two months include cables and consumer appliances maker Polycab India Ltd, cement maker Emami Cement Ltd, …

Modi’s first year: 32 cos approach SEBI with IPO proposals
9 years, 9 months ago

Modi’s first year: 32 cos approach SEBI with IPO proposals

The Hindu  

Looking to tap into the upbeat investor sentiment, as many as 32 companies, including Lavasa and UFO Moviez, have filed draft Initial Public Offer papers with capital markets regulator SEBI in the first year of the Modi government. Companies are expected to continue to file IPO papers in the coming months as the overall sentiment in the market is positive …

Uniparts India, VRL Logistics among five firms to get Sebi nod for IPOs in Feb
10 years, 1 month ago

Uniparts India, VRL Logistics among five firms to get Sebi nod for IPOs in Feb

Firstpost  

Most of the companies plan to utilise IPO proceeds for capacity expansion as well as working capital requirements. New Delhi: As many as five companies have received market regulator Sebi’ approval this month to launch their initial public offerings to fund business expansion and meet working capital requirements. Five companies — Uniparts India, VRL Logistics, PNC Infratech, ACB Ltd and …

e-IPO facility to be available at 400 locations by Jan 2013
12 years, 5 months ago

e-IPO facility to be available at 400 locations by Jan 2013

Firstpost  

Market regulator Sebi today said that the e-IPO facility, which would allow retail investors to submit their bids electronically for initial public offer shares Market regulator Sebi today said that the e-IPO facility, which would allow retail investors to submit their bids electronically for initial public offer shares, would be implemented in two phases, with 400 locations to be covered …

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