Ravindra Sonavane
Stories by Ravindra Sonavane
Zomato among India’s top 50 most valuable listed firms after shares rise 53% on debut
The company listed at ₹116 apiece on the bourses, compared to its issue price of Rs76.
India: Star Health files DRHP to raise funds via IPO route
The proposed IPO will make Star Health the fourth private sector insurance provider to list on Indian stock exchanges.
India’s Anand Rathi Wealth files draft papers with Sebi for IPO
The IPO consists of a pure offer for sale of 12 million shares by its existing shareholders and promoters.
Northern Arc Capital files prospectus with India’s market regulator for an IPO
Northern Arc Capital is a leading player among India’s diversified NBFCs.
India: Shri Bajrang Power and Ispat seeks to raise $93.3m via IPO route
A part of the proceeds from the issue will be used to repay the company's debt.
Post IPO, Zomato could become India’s 78th most valuable firm by market capitalisation
At the upper end of the price band, Zomato will have a post-money valuation of $8b.
India: Food delivery unicorn Zomato gets Sebi nod for $1.1b share sale
The company plans to use the proceeds to fund its organic and inorganic growth initiatives.
India Pesticides IPO subscribed more than 29 times on final day
Proceeds from the issue will be used for funding working capital requirements.
India: Apax Funds to acquire Infogain from ChrysCapital
The transaction is expected to close in the third quarter of 2021.
Indian diagnostics chain Krsnaa files papers to raise funds via IPO
The firm is in consultation to raise a pre-IPO placement of ₹200 crore from anchor investors.
