Tag Archives: IPO

Home First Finance plans to raise Rs 1,500 crore, files IPO papers with SEBI

Home First Finance Company (HFFC) on November 29 filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for its proposed initial public offering (IPO). The housing finance company is expected to raise Rs 1,500 crore through the public issue. The IPO comprises a fresh issue of Rs 400 crore and Rs 1,100-crore offer for ... Read More »

Uber appoints new head of finance as it marches toward an IPO

Picking a chief financial officer is crucial for Uber because the company has said it plans to go public by the end of 2019 SAN FRANCISCO — After a year’s long search, Uber has finally found a chief financial officer as it advances toward an initial public offering. The ride-hailing company said Tuesday that it had hired Nelson J. Chai, 53, a ... Read More »

Xiaomi Said to Target as Much as $6.1 Billion in Honk Kong IPO

Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion (roughly Rs. 41,500 crores) from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent years. Xiaomi, which also makes Internet-connected devices, plans to sell about 2.18 billion shares including about 65 ... Read More »

Xiaomi Said to Target as Much as $6.1 Billion in Honk Kong IPO

Chinese smartphone maker Xiaomi Corp is planning to raise up to $6.1 billion (roughly Rs. 41,500 crores) from a Hong Kong IPO launching this week, people with knowledge of the matter said, in what will be one of the biggest tech floats globally of recent years. Xiaomi, which also makes Internet-connected devices, plans to sell about 2.18 billion shares including about 65 ... Read More »

Srei Equipment Finance to raise Rs 2,000 cr through IPO

Srei Equipment Finance (SEF), wholly-owned subsidiary of Srei Infrastructure Finance, plans an initial public offer (IPO) of equity, to result in dilution of up to 25 per cent of the post-issue paid-up equity capital share. The company expects to raise Rs 1,800-2,200 crore through the IPO, expected to hit the market in the last quarter of this financial year. The proceeds would ... Read More »

AU Small Finance Bank IPO oversubscribed 53.5 times on stellar response

The initial public offer of AU Small Finance Bank has received an encouraging response on Friday, the final day for subscription. It got bids for more than 201 crore equity shares against issue size of 3.76 crore shares (excluding anchor investors’ reserved portion). The Rs 1,912-crore public issue has oversubscribed 53.48 times, as per data available on the exchange. The portion set ... Read More »

As IPO market improves, will Spotify be the next big name to go public?

NYSE president Tom Farley (R) celebrates with Japan’s Line Corp. CFO In Joon Hwang (2nd L) and Chief Global Officer Jungho Shin (middle) and Chief Strategy and Marketing Officer Jun Masuda (2nd R) during the company’s IPO on the floor of the New York Stock Exchange, July 14, 2016. AdvancePierre Food Holdings capped a good week for the IPO markets. ... Read More »

The IPO marketplace is finally thawing

The IPO thaw is eventually right here. perhaps. it is been two months for the reason that marketplacebottomed, but it is been nearly 4 months seeing that any large corporations went public. This morning SecureWorks, Dell’s security by-product, said its lengthy-awaited IPO became anticipated tofee nine million stocks between $15.50 and $17.50, valuing the organization at as much as $1.42 ... Read More »