Fintech News
Moneyview IPO subscribed 98.5x
Qualified institutional buyers (QIBs) drove the demand, subscribing to their portion 227.5x.
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#Public
Explore the latest news, in-depth reports, and executive analysis tagged with #Public.
Fintech News
NSE makes muted stock market debut
The listing followed NSE’s Rs 22,561 crore IPO, which was subscribed 5.71 times.
Fintech News
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.
Fintech News
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.
Fintech News
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.
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.
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.
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
Turtlemint cuts OFS size; IPO opens on June 19
The company has fixed the price band at Rs 144-152 per share for the issue.
Fintech News
Razorpay confidentially files for IPO
The Bengaluru-based payments firm is planning to raise around $600-700 million through its proposed public offering at a valuation of $5-6 billion.
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.
Fintech News
Zoho, Uber, Paytm, BSE invest in ONDC
The fresh capital will be used to strengthen ONDC's digital commerce infrastructure and deepen industry participation, among others.
IPO Tales
Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting
The public offering comes amid a broader wave of new-age listings, where public markets have increasingly doubled up as liquidity events for early investors.
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.
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