The proposed IPO is a combination of a fresh issue of equity shares worth Rs 2,100 crore and an Offer For Sale (OFS) of Rs 1,568 crore by investor shareholders, as per media reports
Read MoreThe firm reduces the size of its fresh issue to Rs 1,666 crore from Rs 1,816 crore, as disclosed in its draft red herring prospectus (DRHP)
Read MoreAccording to media reports, this latest round follows Ather's Rs 286 crore (approximately $34 million) fundraising two months ago, combining debt and equity
Read MoreThe IPO is expected to be launched at a valuation of around USD 4 billion, a decrease from the USD 5.4 billion valuation achieved after a USD 140 million funding round by Singapore’s sovereign wealth fund Temasek in September 2023
Read MoreAnicut is also in the process of raising its third credit fund, targeting a corpus of Rs 1,200-1,500 crore, as per media reports
Read MoreRetail investors can bid for the maximum of 13 lots, while for the 1 lot of 161 shares, the minimum investment required is Rs 14,973
Read MoreAs Ixigo steps into the public domain, the IPO is expected to generate considerable interest and potentially reshape the competitive landscape of the travel industry
Read MoreThe retail segment received bids 55 times the issue size. Awfis priced its IPO in the range of Rs 364-383 per share and raised Rs 268.62 crore from anchor investors on 21 May
Read MoreThe company's expansion into tier 1 and tier 2 cities, coupled with increasing demand from large enterprises and startups, is expected to drive future growth
Read MoreThis follows Sebi's directive to refile preliminary IPO papers due insufficient disclosure of key performance indicators
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