🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥
✕
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator →
Log In
News on Medial
Hero Motors files draft papers for Rs 900-Cr IPO
YourStory
·
11m ago
Medial
Auto-components firm Hero Motors Ltd has filed preliminary papers with the Securities and Exchange Board of India (SEBI) for an IPO to raise INR 900 crore ($120 million). The IPO will consist of a fresh issue of equity shares worth INR 500 crore and an offer for sale of shares worth INR 400 crore by promoters. Proceeds from the offering will be used for debt payment and the expansion of the company's facility. Hero Motors is a leading automotive technology company that designs and manufactures powertrain solutions for various vehicle categories. The IPO is being managed by ICICI Securities, DAM Capital Advisors, and JM Financial.
View Source
3
Related News
Pace Digitek files draft papers with Sebi for Rs 900 crore IPO
Business Today
·
4m ago
Medial
Pace Digitek, a telecom passive infrastructure solutions provider, plans a Rs 900 crore IPO, filing draft papers with Sebi. The IPO will involve a fresh issuance of shares, with proceeds earmarked for capital expenses and corporate purposes. Between 2023 and 2024, the company's revenue surged by 383.81% to Rs 2,434.48 crore, while PAT increased by 1,290.38% to Rs 229.87 crore. Founded in 2007, the company is based in Bengaluru.
View Source
Pine Labs files for IPO, eyes Rs 2,600 Cr fresh fundraise
YourStory
·
1m ago
Medial
Pine Labs has filed draft papers with SEBI for an IPO, aiming to raise Rs 2,600 crore through a fresh share issue. Existing investors, including Peak XV Partners, PayPal, and Mastercard, plan to offload up to 147.8 million shares. The funds will support international expansion, technological development, and debt reduction. Additionally, Pine Labs' entities reported increased FY24 losses due to rising expenses, despite modest revenue growth. Morgan Stanley, Citigroup, and Jefferies are lead managers for the IPO.
View Source
Orient Cables files draft papers for Rs 700 crore IPO
Economic Times
·
18d ago
Medial
Orient Cables (India) Ltd has submitted draft papers to Sebi for a Rs 700 crore IPO, including a Rs 320 crore fresh issue and Rs 380 crore Offer for Sale by promoters. Proceeds will fund machinery and capital expenditure (Rs 91.5 crore), debt repayment (Rs 155.5 crore), and general corporate purposes. The company, focusing on networking cables and solutions for industries like telecom and renewable energy, considers a Rs 64 crore pre-IPO placement.
View Source
Ullu Digital Files Draft Papers For INR 135-150 Cr IPO
Inc42
·
1y ago
Medial
OTT streaming platform Ullu Digital has filed draft papers for an IPO with the BSE SME to raise INR 135-150 crore. The IPO comprises a fresh issue of 62.63 lakh shares, with no offer for sale component. Ullu Digital plans to utilize the proceeds for content production, acquisition of international shows, tech investments, and working capital requirements. The company's operating revenue doubled to INR 93.1 crore in FY23, while its profits increased to INR 15.1 crore.
View Source
Travel portal ixigo's parent files IPO papers with SEBI
Inshorts
·
1y ago
Medial
Travel portal ixigo's parent Le Travenues Technology has filed draft papers with SEBI to raise funds via an initial public offering. The IPO will consist of a fresh issue of shares worth ₹120 crore and an offer-for-sale (OFS) of 6.66 crore shares. The company previously filed IPO papers in 2021 to raise ₹1,600 crore but didn't proceed with the plan.
View Source
ESDS Software Solution files draft papers with Sebi for Rs 600 crore IPO
Economic Times
·
3m ago
Medial
ESDS Software Solution, a cloud infrastructure and data centre services provider, has filed draft papers for a Rs 600 crore initial public offering (IPO) with SEBI. This IPO involves only a fresh issue with no offer-for-sale component. The company plans to utilize Rs 480.7 crore of the proceeds for purchasing and installing cloud computing equipment and other infrastructure. The offering includes cloud and managed services, enabling cost-effective, secure, and scalable cloud adoption strategies for its clients.
View Source
PhysicsWallah files draft IPO papers with SEBI via confidential route
YourStory
·
4m ago
Medial
PhysicsWallah (PW), an Indian edtech unicorn, has filed draft IPO papers with SEBI through a confidential pre-filing route. This method allows the company to withhold public disclosure of its draft red herring prospectus details. The pre-filing doesn't guarantee an IPO, but it offers greater flexibility on the timing and scope. Founded in 2020, PW is recognized for its wide-ranging educational reach in India, recently valued at $2.8 billion.
View Source
HDB Financial Services files draft papers with Sebi for Rs 12,500-cr IPO
YourStory
·
9m ago
Medial
HDB Financial Services, a subsidiary of HDFC Bank, has filed papers with SEBI to raise Rs 12,500 crore through an IPO. The proposed IPO includes a fresh issue of equity shares worth Rs 2,500 crore and an offer-for-sale of Rs 10,000 crore by HDFC Bank. The funds raised will be used to strengthen its capital base and support future lending needs. The decision to list follows RBI's mandate for NBFCs to list within three years. HDB Financial Services will remain a subsidiary of HDFC Bank after the IPO. A dozen book-running lead managers have been appointed for the IPO.
View Source
Coal India consultancy unit CMPDIL files for IPO
VCCircle
·
2m ago
Medial
Central Mine Planning and Design Institute Ltd (CMPDIL), a consultancy unit of Coal India, has filed for an IPO, planning to sell up to 71.4 million existing shares. The draft prospectus was filed without disclosing the IPO size. CMPDIL, India’s largest coal and mineral consultancy, offers services in mine planning and exploration. SBI Capital Markets and IDBI Capital Markets are managing the IPO. Meanwhile, Coal India has not yet filed IPO papers for Bharat Coking Coal Ltd.
View Source
Carraro India files draft papers for Rs 1,812 Cr IPO
YourStory
·
11m ago
Medial
Carraro India Ltd, a manufacturer of transmission systems for off-highway vehicles, has filed draft papers with SEBI for a ₹1,812 crore IPO. The offering will be a complete Offer-For-Sale (OFS) by Carraro International, with all proceeds going directly to the selling shareholder. Carraro India specializes in engineering products and solutions for OEM customers, particularly in the agricultural and construction vehicle sectors. The company operates two manufacturing plants in Pune and has a diverse range of clients, including CNH, Mahindra and Mahindra, John Deere, and Doosan. Axis Capital, BNP Paribas, and Nuvama Wealth Management are the issue's book-running lead managers.
View Source
Trackers
Active Indian VC’s
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything that’s happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in
