IPO/QIP

hBits, a small-medium real estate investment trust (SM-REIT), has received approval from the Securities and Exchange Board of India (SEBI) to launch its IPO to raise up to Rs 5 billion. Further, the trust plans […]

Knowledge Realty Trust (KRT), sponsored by Sattva Group and Blackstone, has filed a draft red herring prospectus (DRHP) with the regulator to launch an initial public offering (IPO) to raise over Rs 62 billion. With […]

Transrail Lighting has launched its IPO to raise Rs 8.39 billion. The IPO comprised a fresh issue of 9.3 million shares aggregating to Rs 4 billion and an offer for the sale of 10.1 million […]

Capital Infra Trust, an InvIT, saw an oversubscription of 2.8 times for its IPO. The issue aimed to raise Rs 15.78 billion, comprising a Rs 10.77 billion fresh issue and an offer for sale of […]

Greaves Electric Mobility Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India for an initial public offering (IPO). The IPO comprises a fresh issue of Rs 10 […]

Capital Infra Trust, formerly National Infrastructure Trust, is set to launch its IPO to raise Rs 15.78 billion. The price band for the issue is Rs 99-100 per unit, scheduled for 7 January 2025. The […]

Zomato raised Rs 85 billion through a qualified institutional placement (QIP). The issue comprised 336.5 million shares at Rs 252.62 per share. The proceeds from the raise will be utilised to expand the quick commerce […]

Waaree Energies is set to launch Rs 43.21 billion initial public offering (IPO) for subscription on October 21, 2024. The IPO comprises a fresh issue of Rs 36 billion and an offer for sale (OFS) […]

Zinka Logistics Solutions received a nod from the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) comprising a fresh issue of up to Rs 5.5 billion and an offer for […]

Indian Renewable Energy Development Agency Limited (IREDA) has received approval from the Department of Investment and Public Asset Management (DIPAM) for raising approximately Rs 45 billion through a qualified institutional placement (QIP). Further equity issuance […]

Swiggy has filed the DRHP for a Rs 37.5 billion IPO. The IPO comprises a fresh issue of Rs 37.5 billion and an OFS of 185.29 million equity shares by existing investors. Reportedly, it is […]

The Reliance Power board has approved a Rs 15.25 billion preferential issue comprising 462 million shares at a price of Rs 33 per share. The parent company, Reliance Infrastructure, will raise the equity stake by […]

Adani Enterprises has raised Rs 42 billion through a QIP. Investors include GQG Partners, Quant Mutual Fund, SBI General Insurance, HDFC Life Insurance and other ultra-high net worth individuals. The company has raised a lower […]

SpiceJet’s Rs 30 billion QIP has been oversubscribed. Likely investors include Tata Mutual Funds, Discovery Funds and Plutus. The airline reportedly has statutory dues amounting to over Rs 6.01 billion. The move represents strong investor […]

Afcons Infrastructure is planning for a pre-IPO placement of Rs 40 billion. The move will scale down the planned IPO size to be launched in October and potentially enhance the company’s credibility in the market. […]

The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a loan of Rs 316.74 billion from the Power Finance Corporation (PFC). The proceeds of the loan will be deployed in nine critical projects marking a […]

Waaree Energies Limited has received approval from SEBI to issue its initial public offering (IPO) of Rs 30 billion. The IPO comprises up to Rs 30 billion fresh equity issue and 3.2 million equity shares […]

NTPC Green Energy filed its draft red herring prospectus (DRHP) for an initial public offering (IPO) to raise Rs 100 billion. The IPO will entirely comprise fresh equity issue. The company intends to employ Rs […]