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Supermarket chain Patel Retail files draft papers with Sebi to raise funds via IPO

The IPO is a mix of a fresh issue of 90.18 lakh shares and an offer for sale (OFS) of up to 10.02 lakh shares of promotersNew Delhi: Supermarket chain Patel Retail Ltd has filed preliminary papers with capital markets...

P N Gadgil Jewellers files draft papers with Sebi to garner Rs 1,100 cr via IPO

The Maharashtra-based company's proposed IPO is a combination of a fresh issue of equity shares worth up to Rs 850 croreNew Delhi: Jewellery retail chain P N Gadgil Jewellers Ltd has filed preliminary papers with capital markets regulator Sebi...

Gopal Snacks IPO subscribed 1.39 times on Day 2 of offer

The initial share sale received bids for 1,66,83,337 shares against 1,19,79,993 shares on offer, as per NSE dataNew Delhi: The initial public offer of Gopal Snacks received 1.39 times subscription on Thursday, the day two of bidding.The initial share...

Gopal Snacks IPO subscribed 56% on first day of offer

The Initial Public Offer (IPO) received bids for 66,61,628 shares against 1,19,79,993 shares on offer, as per NSE dataNew Delhi: The initial public offer of Gopal Snacks was subscribed 56 per cent on the first day of bidding on...

Gopal Snacks collects Rs 194 crore from anchor investors ahead of IPO

Those who participated in the anchor round are BofA Securities Europe SA, Bay Capital India Fund, ITI Mutual Fund, DSP Mutual Fund, Quant Mutual Fund, Edelweiss Mutual Fund and HDFC Life Insurance CompanyNew Delhi: Gopal Snacks Ltd on Tuesday...

5 reasons why retail companies are going public

From easy access to large capital to improved visibility and brand image, here are some reasons behind the recent rise in the number of retail businesses taking the IPO route New Delhi: Telangana-based saree retailer Sai Silks Kalamandir Ltd. went...

Wow! Momo opens at Hyderabad International Airport

The newly opened outlet is located on the ground floor of Hyderabad Aero Plaza New Delhi: Kolkata-based QSR chain Wow! Momo has opened a new outlet at the GMR Hyderabad International Airport, a social media post by a GMR official...

IR Smart Class: SME IPO

Frequently asked questions about Initial Public Offering (IPO) for small and medium retail businesses answeredSmall businesses are an important driver of India’s economy, contributing to over 27% of the country’s GDP.As of June 2023, the government’s portal that registers...

Big layoffs likely at Flipkart, Swiggy

Flipkart may dismiss around 1,100 people and Swiggy may fire between 350-400New Delhi: On-demand convenience platform Swiggy and Walmart-owned e-commerce firm Flipkart both may lay off a large number of employees.Swiggy is expected to cut around 350-400 jobs...

Ratan Tata to divest all shares in FirstCry IPO

Ratan Tata is looking to sell all 77,900 shares of Brainbees Solutions Ltd, which owns omnichannel platform FirstCry, in the upcoming IPONew Delhi: Veteran industrialist and former Tata Group Chairman Ratan Tata is looking to sell all 77,900 shares...
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Hong’s kitchen opens new outlet at Delhi’s Rohini

Hong’s Kitchen embarked on its presence in Delhi’s Unity One Mall located at CBD Shahdara and Omaxe Chowk in...
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