ESDS Software Solution, offering cloud infrastructure and data centre solutions, is trying to raise money on the capital markets for a second time through the initial public offering route with a ₹600 crore IPO. ESDS filed its draft papers with the Securities and Exchange Board of India (SEBI) on March 30, 2025, with the objective […]
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NSE moves ahead for its IPO, seeks SEBI’s No Objection Certificate for that!
The National Stock Exchange (NSE) is now under consideration with reference to its much-anticipated initial public offering (IPO) to be launched into the market. The exchange has made an official application with the Securities and Exchange Board of India (SEBI) for the issuance of a no objection certificate (NOC) thus proceeding with the listing on […]
Oyo To Cross Rs 2100 Crore in Q4FY25, Founder Ritesh Agarwal Assures
Oyo is likely to achieve more than 60% revenue growth during the fourth quarter of FY2025 with an aim of Rs 2100 crore, as per a statement provided by the founder Ritesh Agarwal. In a company mail to Oyo senior leaders, Agarwal emphasized that Oyo’s organic revenue growth stands at 42%, driven by hard markets […]
Hinduja Leyland Finance Readies for IPO, Awaiting RBI Approval
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, […]
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 […]
