Fintech News
NSE makes muted stock market debut
The listing followed NSE’s Rs 22,561 crore IPO, which was subscribed 5.71 times.
TOPIC COVERAGE
#Ipo
Explore the latest news, in-depth reports, and executive analysis tagged with #Ipo.
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Moneyview raises Rs 327.5 crore from anchor investors
The anchor book saw participation from large domestic mutual funds including SBI Mutual Fund, HDFC Mutual Fund and ICICI Prudential Mutual Fund, among others.
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NSE IPO subscribed 5.71 times
The IPO marks the end of NSE’s nearly decade-long wait to go public, after its first IPO attempt in 2016 was stalled by regulatory proceedings.
Fintech News
Moneyview seeks around Rs 6,000 crore valuation as it sets IPO price band at Rs 32-34
The IPO will open on September 24 and close on September 28, while the anchor investor round is scheduled for September 23.
Fintech News
NSE IPO: Exchange allots Rs 6,746 crore worth shares to anchor investors
Life Insurance Corporation of India (LIC) emerged as the largest anchor investor, picking up shares worth Rs 400 crore.
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Accel-backed Moneyview cuts IPO size
Earlier this year, other lending companies such as Kissht and Aye Finance also cut their IPO size, as valuation concerns grew.
Fintech News
Navi raises $100 million funding from Prosus ahead of IPO
The investment comes as the Sachin Bansal-led fintech firm prepares to file documents for initial public offering.
Money & Machines
Money & Machines: Infra.Market’s IPO detour; AI's water challenge
In this piece, we write on Hella Infra using Shalimar Paints for a backdoor listing after a year of rating trouble and debt refinancing; and how protests against Google's proposed data centre have opened up a larger conversation around water...
IPO Tales
Cult.fit IPO: A leaner business, but can the fitness startup justify its valuation?
Succession planning is likely to remain an area that investors will watch over long term with Cult.fit IPO expected to be largely an OFS-driven liquidity event.
Fintech News
InsuranceDekho targets September DRHP filing for Rs 2,500-3,000 crore IPO
The IPO preparations come as InsuranceDekho continues to work on its merger with insurance distribution platform RenewBuy.
Money & Machines
Money & Machines: Pricing Razorpay; Where is Indian PE in AI?
In this edition, we write on Razorpay’s valuation puzzle; and we explore why private equity firms remain cautious about backing India's AI startups.
Fintech News
Zerodha applies for SEBI licence to enter investment banking
The move comes as India's primary market continues to see strong listing activity, with a growing pipeline of startups and new-age companies preparing to go public.
Fintech News
Fibe files draft papers for IPO with SEBI
The Pune-headquartered company aims to raise Rs 750 crore through a fresh issue of shares.
Fintech News
Turtlemint shares debut below IPO price, slip over 11% on listing day
The company’s Rs 883 crore public issue, priced between Rs 144 and Rs 152 per share, was subscribed just 1.2 times.
IPO Tales
Zepto IPO: Can this cash-hungry quick commerce model turn profitable?
Is Zepto building the future of retail, or simply participating in an increasingly expensive race where no clear winner has yet emerged?
Fintech News
Turtlemint raises Rs 397 crore from anchor investors
The company allotted 2.61 crore equity shares to anchor investors at Rs 152 apiece, the upper end of its IPO price band.
Fintech News
NSE files IPO papers for OFS-only public issue
Shareholders participating in the sale include State Bank of India, Canada Pension Plan Investment Board (CPPIB), MS Strategic (Mauritius) Limited, Aranda Investments (Mauritius) Pte Ltd and Bank of Baroda, among others.
Deepdives
Only 6 of 17 new-age IPOs above listing price; investors cash out Rs 16,500 crore
New-age startup IPO class faces a reality check. Stocks have stumbled, yet early investors are cashing out.
IPO Tales
Shiprocket IPO: A profitable core, costly emerging bets
Concerns around Shiprocket profitability, the still-evolving nature of its emerging business, heavy dependence on vendors continue to weigh as it prepares for IPO.
Fintech News
Manipal Payment and Identity Solutions files draft papers for IPO via confidential route: report
The company aims to raise around Rs 1,200 crore via the IPO, which will comprise of primary and secondary components.
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