Logistics platform Shadowfax filed an updated draft red herring prospectus (UDRHP) on Saturday with the Securities and Exchange Board of India (Sebi) for its proposed initial public offering to raise up to Rs 2,000 crore. The company is looking at a December or January listing, said people familiar with the matter. The Bengaluru-based company’s IPO…
Imagine Marketing, the parent of Indian wearables brand boAt, has filed updated documents with the market regulator for a 15-billion-rupee ($170.7 million) initial public offering, months after securing approval for the listing. The company had filed confidentially for an IPO in April, following which it received the regulatory approval in late August. The confidential route…
Urban Company, Shringar House of Mangalsutra and Dev Accelerator shades are all set to enter the listed space at 10 am on Wednesday, September 17. Each stock will be debuting in the secondary market, as their stocks trade on bourses BSE and NSE for the first time. Heavily Subscribed IPOs: Urban Company, Shringar House of…
Urban Company IPO: The Rs 1,900-crore Urban Company IPO opened to a strong response in the primary market on Wednesday, with the issue being subscribed 83 per cent by 11:30 a.m. on Day 1 of the three-day bidding window. According to data from the National Stock Exchange (NSE), the offer received 8.85 crore bids against 10.67…
Urban Company IPO Opens September 10: Gurugram-based home and beauty services provider Urban Company Limited is slated to kick off its Rs 1,900-crore initial public offering on September 10, with the subscription period running through September 12. Through IPO, the company plans to raise Rs 472 crore via a fresh issue of shares, while existing shareholders…