IPO
In Focus
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...
Food & Beverage
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...
In Focus
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...
E-Commerce
Big layoffs likely at Flipkart, Swiggy
PTI -
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...
Finance & Funding
Ratan Tata to divest all shares in FirstCry IPO
PTI -
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...
Fashion & Lifestyle
FirstCry’s parent Brainbees files papers to garner funds via IPO
PTI -
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...
Fashion & Lifestyle
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...
Fashion & Lifestyle
Credo Brands IPO gets subscribed 6.94 times on second day of offer
PTI -
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:Â The initial share sale of Credo Brands Marketing, which owns denim brand Mufti, got subscribed 6.94 times on...
Latest News
DOMS Industries IPO receives 15.16 times subscription on day two of offer
PTI -
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...
Finance and Funding
DOMS Industries IPO fully subscribed within hours of opening
PTI -
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...
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Latest News
Bombay Brasserie enters Northeast with first outlet in Guwahati
The outlet in Guwahati is the 10th unit of the leading food chain and is the first in a...
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