Hinduja Leyland Finance, the leading non-banking financial company (NBFC) sponsored by Ashok Leyland, is all ready to float but the long-awaited IPO is still holding on to regulatory clearance. The firm is waiting for a No Objection Certificate (NOC) from the Reserve Bank of India (RBI), as informed by Shenu Agarwal, CEO and Managing Director, […]
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Studds Accessories Targets Going Public, Files DRHP with SEBI
Studds Accessories, a leading two-wheeler helmet maker of India, is moving a step in the direction of becoming public. The company has formally filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for raising funds by going public. According to the agreement, Studds will offer up to 7,786,120 […]
OYO Experiences 15% UK Revenue Growth, Diversifies Premium Hotel Portfolio
The global travel technology firm OYO has posted a 15% growth in revenues from the UK in 2024 compared to last year. Going against the industry trend, the ADR of the company increased by 2%, whereas the overall industry fell by 2.8%, as per STR. The RevPAR of OYO also increased by 4%, whereas the […]
Zepto Prepares IPO with $250M Secondary Sale to Enhance Indian Investor Interest
Zepto, the fast-growing online grocery company, is making headlines once again as it prepares for its highly anticipated initial public offering (IPO). In a bid to revamp its investor base ahead of the grand launch, the firm is reportedly negotiating a significant secondary share sale of up to $250 million. Unlike a standard round of […]
ESDS Software Aims ₹700 Crore IPO, to File DRHP with SEBI
Nashik-based data center and cloud computing company ESDS Software is poised to witness the next phase in its growth saga. The company will file its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) this week that will allow it to issue an initial public offering (IPO) of up to […]
NSE Simplifies Unlisted Share Transfer Process, Cutting Timeline to 3-5 Days
From March 24, the National Stock Exchange (NSE) will ease the transfer of its unlisted shares, allowing them to be freely transferable through the Delivery Instruction Slip (DIS) mechanism. This change will drastically reduce transfer times from the earlier six-month process to only 3-5 days. Earlier, the transfer of NSE shares involved a two-stage verification […]
SEBI Postpones IPOs of Hero FinCorp, HDB Financial Over Compliance Issues
Hero FinCorp and HDB Financial Services’ IPOs have been suspended by the Securities and Exchange Board of India (SEBI) on the grounds of potential regulatory complications. As Hero FinCorp has remained pending for nearly eight months, HDFC Bank’s subsidiary HDB Financial Services has also been pending for four months. The deferment is due to fears […]
Bira 91 Expands Pubs and Brewery Outlets Amid Pre-IPO Growth Plans
Its parent company, B9 Beverages Ltd, is gearing up to scale its hospitality in a measured manner by increasing the pubs and brewery outlets. The business has a target of 25 such openings in tier-one cities and looks to reach a revenue milestone of ₹200 crore in fiscal year 2025-26 (FY26). Expansion is part of […]
Lord’s Mark Industries Lands 300 MW Solar Order at WEF 2025, Sealing Its Pre-IPO Growth
It was a major success for India’s renewable energy industry as Lord’s Mark Industries Limited won a 300 MW solar contract under Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) program. The company was announced at the World Economic Forum Annual Meeting 2025 held at Davos, Switzerland, as one of the key players of […]
LG Electronics India Now Public with ₹15,000 Crore IPO; SEBI Gives the Green Signal.
LG Electronics India-is a well-known giant in home appliances and consumer electronics in India. Recently the company gave official confirmation from SEBI that the awaited IPO now stands at ₹15,000 crore. It is a historic moment because it will be the second company from South Korea to get listed on Indian exchanges; Hyundai Motors India […]
