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Pushp Masale parent files IPO papers with SEBI, targets Rs 1,000 crore OFS
IndianStartupNews
ยท
25d ago
Medial
Pushp Brand (India), the parent company of spice maker Pushp Masale, has filed draft papers with Indiaโs market regulator for an initial public offering (IPO) expected to raise about Rs 800 crore to Rs 1,000 crore.
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Travel portal ixigo's parent files IPO papers with SEBI
Inshorts
ยท
2y 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 โน120 crore and an offer-for-sale (OFS) of 6.66 crore shares. The company previously filed IPO papers in 2021 to raise โน1,600 crore but didn't proceed with the plan.
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Medicap Healthcare files papers with Sebi for Rs 240-cr IPO
Economic Times
ยท
9m ago
Medial
Medicap Healthcare Ltd has filed draft papers with markets regulator Sebi to raise Rs 240 crore through an initial public offering (IPO).
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Eldorado Agritech files DRHP with Sebi for Rs 1,000 crore IPO
Economic Times
ยท
9m ago
Medial
Telangana-based Eldorado Agritech has filed papers with SEBI to raise Rs 1,000 crore through an IPO. The offering includes a fresh issue of Rs 340 crore and an offer for sale of Rs 660 crore by existing shareholders. Proceeds will repay debts and fund corporate needs. Eldorado, under the brand Srikar Seeds, offers comprehensive agro-solutions and reported a revenue CAGR of 27.92% between FY23 and FY25. Lead managers are Anand Rathi Advisors and Equirus Capital.
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Veritas Finance files draft papers with Sebi to mobilise Rs 2,800-cr via IPO
YourStory
ยท
1y ago
Medial
Veritas Finance, a retail-focused NBFC, filed with SEBI for a Rs 2,800 crore IPO, including a Rs 600 crore fresh issue and Rs 2,200 crore Offer-for-Sale (OFS) by existing investors. The OFS involves major stakeholders like Norwest Venture Partners and British International Investment offloading shares. The IPO aims to bolster Veritas's capital for business expansion. Founded in 2015, Veritas is the fastest-growing NBFC, focusing on MSME and individual business loans.
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Household products maker Cello World files IPO papers with SEBI to raise Rs 1,750Cr
IndianStartupNews
ยท
2y ago
Medial
Household products manufacturer Cello World has filed Initial Public Offering (IPO) papers with SEBI to raise Rs 1,750 crore. The IPO includes a fresh issue of shares worth Rs 1,100 crore and an offer for sale of Rs 650 crore by existing shareholders. The funds raised will be used for debt repayment and general corporate purposes.
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Virupaksha Organics files draft papers with Sebi for Rs 740 crore IPO
Economic Times
ยท
8m ago
Medial
Virupaksha Organics, a Hyderabad-based pharmaceutical company, is planning to raise Rs 740 crore through an initial public offering (IPO) by filing draft papers with SEBI. The IPO will consist entirely of new equity shares, with a potential Rs 148 crore pre-IPO placement. The proceeds aim to fund Rs 360 crore for capacity expansion, Rs 195 crore for debt repayment, and other corporate purposes. Virupaksha has six manufacturing units and serves over 550 customers worldwide.
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Orient Cables files draft papers for Rs 700 crore IPO
Economic Times
ยท
11m 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.
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Pace Digitek files draft papers with Sebi for Rs 900 crore IPO
Business Today
ยท
1y 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.
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Digital lending firm Kissht files DRHP with SEBI to raise Rs 1,000 crore through IPO
IndianStartupNews
ยท
10m ago
Medial
Digital lending firm Kissht, operating under OnEMI Technology Solutions, has filed draft papers with SEBI to raise approximately Rs 1,000 crore through an IPO, which includes a fresh issue and an offer-for-sale by early investors like Vertex Ventures and Ammar Sdn Bhd. The capital will bolster its non-banking finance subsidiary Si Creva Capital and fund corporate activities. Founded in 2016, Kissht specializes in small consumer loans, boasting 53 million users and substantial assets under management.
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Avanse Financial Services Refiles DRHP For INR 3,500 Cr IPO
Inc42
ยท
1y ago
Medial
Avanse Financial Services has confirmed that there are no changes in its IPO plans. The company will have a public issue consisting of a fresh issue of INR 1,000 crore and an offer for sale (OFS) component of shares worth up to INR 2,500 crore. Avanse had to refile its IPO papers on July 31 after the Securities and Exchange Board of India (SEBI) returned the draft red herring prospectus (DRHP) citing non-compliance with regulations. The company's board and IPO committee met on July 30 and 31 to approve the refiling.
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