Sneh Susmit
Stories by Sneh Susmit
India: PE-backed Aster DM to launch IPO on Feb 12, sets price band
None of the private equity investors of the hospital chain —Olympus Capital and True North Managers—are selling their stakes in the IPO.
Warburg Pincus, Tata Motors call off $360m stake sale in Tata Technologies
In June, Tata Motors and two other group entities had announced the sale of a 43% stake in engineering unit Tata Technologies to an affiliate of Warbu
India: Galaxy Surfactants IPO subscribed 19.76 times on last day
Galaxy Surfactants had set a price band of Rs1,470-1,480 per share for the IPO.
India: Manyavar owner Vedant Fashions planning IPO in second half of FY19
Other consumer companies that have went public in the recent past include Coffee Day Enterprises Ltd, Manpasand Beverages Ltd, Khadim India Ltd, Prata
India: Crystal Crop Protection to acquire Solvay’s Nagpur plant
Crystal Crop's manufacturing facility spread across about 10 acres of land is located in Butibori, Nagpur.
OMA Emirates scouting for acquisitions in India’s fintech space
In August last year, OMA announced a $23 million OMA Emirates fintech fund dedicated to investments in India and has so far made four investments from
India Agri Business Fund II invests $10m in Global Gourmet
With a fund size of $150 million, IABF-II invests in the food and agri-business sector. This is its first investment in the frozen food space in India
India: Shubham Housing secures $48m funding from PremjiInvest, Helion, Elevar
This round also saw the exit of Accion’s Frontier Investment Group and Saama Capital.
India: Cloud services platform Route Mobile files IPO papers to raise $94m
The company is also considering a pre-IPO placement of Rs125 crore.
India state fund NIIF, Dubai’s DP World set up $3b platform to invest in ports
This is the first investment platform from NIIF and will see investment up to $3 billion of equity to acquire assets and develop projects in these se