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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...

FirstCry’s parent Brainbees files papers to garner funds via IPO

The Pune-based company's proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 1,816 crore and an Offer For Sale (OFS) of up to 5.44 croreNew Delhi: Brainbees Solutions Ltd, which owns omnichannel baby and mother-care...

Jewellery retail IPOs shine in 2023

Of the 11 odd public issues by companies operating in the retail ecosystem this year, 4 are by jewellery retailersJewellery retailers reported a sales growth of 13% in October and November 2023 as compared to the same period last...

Credo Brands IPO gets subscribed 6.94 times on second day of offer

The Rs 549.77 crore-Initial Public Offering (IPO) received bids for 9,53,22,779 shares against 1,37,44,472 shares on offer, as per NSE dataNew Delhi: The initial share sale of Credo Brands Marketing, which owns denim brand Mufti, got subscribed 6.94 times on...

DOMS Industries IPO receives 15.16 times subscription on day two of offer

The Rs 1,200 crore Initial Public Offer (IPO) received bids for 13,39,90,938 shares against 88,37,407 shares on offerNew Delhi: The initial share sale of pencil maker DOMS Industries received 15.16 times subscription on the second day of offer on...

DOMS Industries IPO fully subscribed within hours of opening

The Rs 1,200-crore IPO received bids for 5,04,55,458 shares against 88,37,407 shares on offer, translating into 5.71 times subscription, according to data available with the NSENew Delhi: The initial public offer (IPO) of pencil maker DOMS Industries got fully...

Stanley Lifestyles get Sebi’s go ahead to float IPOs

The company will use proceeds from the fresh issue to the tune of Rs 90.13 crore for opening the new stores, Rs 39.99 crore expenditure for opening the anchor stores and Rs 10.04 crore expenditure for renovation of existing...

Pencil-maker DOMS Industries’ Rs 1,200 crore IPO to open on Dec 13

The public issue of the Umbergaon-based firm -- comprising a fresh issue of Rs 350 crore, and an Offer For Sale (OFS) of Rs 850 crore -- will close on December 15New Delhi: DOMS Industries, the second largest pencil-maker...
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Arvind Ltd Q4 profit rises 7.32% at Rs 104.42 crore

Consolidated revenue from operations during the quarter under review stood at Rs 2,074.51 croreNew Delhi: Textiles manufacturer Arvind...
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