First Cry News Today

SoftBank swung into profits for the first time in five quarters with a net profit of over $6 billion for the three months ended December, aided by a stock rally in listed firms from Vision Fund I. The investor made a full exit from Zomato and Policybazaar during the year along with PhonePe -- which was part of the dividend payout from the Flipkart investment.

SEBI was working to resolve malpractices such as mule accounts and inflating of IPO application numbers, the SEBI chairperson has said

Pranav Haldea expects the most awaited National Securities Depository Limited’s (NSDL) IPO to hit the market in 2024

According to S Ramesh, Kotak Investment Bankings Managing Director and CEO, corporates are exploring various capital-raising avenues given the conducive environment, with options spanning private capital, REITs, InVITs or even QIPs, , kotak investment banking, ipos, deal activity

Kay Cee Energy & Infra IPO: The stock opened at Rs 252 against the issue price of Rs 54 on the NSE SME platform.

The Jyoti CNC Automation IPO will be the first public issue as well as the first listing in the current calendar year 2024.

Sanstar IPO: The public issue is a mix of fresh issue of four crore equity shares and an offer-for-sale of 80 lakh shares

Three new-age technology companies, namely OYO, Digit Insurance and First Cry, are looking to raise roughly Rs 16,000 crore via IPO route in 2024.

Kay Cee Energy & Infra IPO: The IPO has received the highest-ever subscription numbers in the SME segment. Trading in equity shares will commence on the NSE Emerge with effect from January 5

The IPO market is likely to witness a robust capital raise even in 2024 as more than 65 IPO documents are filed with Sebi, Kotak’s Chouhan said. All eyes would be on Swiggy, Firstcry, Ola Electric, Oyo and Portea Medical, Chouhan said.