Page 38 - Ipo News Today

Varyaa Creations debuted with a 90% premium on BSE SME, offering 13.4L shares at Rs 135. Evolved from Kalgi India, now focusing on jewelry trading, online-offline sales, and Mumbai-based manufacturing. 2023 financials: Rs 17.62 Cr revenue, Rs 3.51 Cr profit.

KUALA LUMPUR: Shares in MKH Oil Palm (East Kalimantan) Bhd (MKHOP) rose slightly on its trading debut on Tuesday after the plantations firm's initial public offering (IPO) on the Main Market raised RM136.4mil.

Coca-Cola is gearing up for a potential initial public offering of its African bottling business as soon as next year.

Chairman and CEO Manish Gupta of Indegene says that a portion of the IPO proceeds will be used to repay debt, which includes interest costs associated with a previous loan. This, according to him, will boost the companys profitability.

FirstCry’s IPO size will be the same, as per the IPO papers. It intends to raise $218 million (about Rs 1,815 crore) in primary funding through issuance of new shares and divestment of 54 million shares from existing investors.

TBO Tek IPO includes fresh equity of Rs 400 crore and an offer for sale of up to 1.25 crore shares. Under the OFS, promoters Gaurav Bhatnagar, Manish Dhingra, LAP Travel, and other selling shareholders TBO Korea, Augusta TBO will offload the shares.

FirstCry has refiled its draft IPO papers with market regulator Sebi with updated financials. More on this in todays ETtech Top 5.

A number of flex workspace operators are expected to raise long-term capital and onboard more institutional investors.

Boult IPO: Indian consumer tech brand Boult plans to go public next year, with a revenue benchmark of Rs 1,000 crore in FY25, as it expands into international markets and new categories, according to its co-founder Varun Gupta.

The initial public offering (IPO) will conclude on May 8. The bidding for anchor investors will open for a day on May 3, the company announced.