Page 56 - Ipo News Today

Rubrik became the first security company to pursue an initial public offering since 2021, revealing increased sales, mounting losses and a heavy reliance on three

Ola Funding: Ola Electric Mobility raised INR 410 crore from EvolutionX Debt Capital, supported by DBS and Temasek. Founder Bhavish Aggarwal is pitching the IPO to global investors, aiming for a USD 7-8 billion valuation.

Simplilearn, led by Krishna Kumar, aims for profitability, with focus on partnerships and core profitability metrics. The company targets customers with 1-10 years experience, halting unsuccessful experiments like job guarantees and expansion into new markets.

IPO-bound Ola Electric retains its market leader tag with 328,785 units registered in FY24, the Vahan portal shows. The number has more than doubled from FY23 at 152,741. In the March quarter, the company saw 119,310 registrations, as against 84,133 units in the previous quarter.

New share sales across the region fell to $11 billion between January and March, the lowest tally for a quarter since early 2019, data compiled by Bloomberg show. The amount represents a 46% drop from the same period last year.

IBPS Final Result 2024 for PO, SO has been declared. The direct links to check results are given here. 

The lock-in period of Global Surfaces, Sai Silks (Kalamandir), JSW Infrastructure, Platinum Industries and Exicom Telesystems opened on Monday with the stocks of all five companies ending the session in green

Fast-fashion giant Shein reportedly more than doubled its profits in 2023 to a record more than $2 billion at it awaits approval to go ahead with its blockbuster initial public offerings.

Per a Monday April 1 declaration from Mayor Rick Blangiardi, April 2024 is Fair Housing Month in the City & County of Honolulu.

The welcome reception by Wall Street for Reddit and Astera Labs’ recent debuts will likely prompt many other tech companies to make their way to the public markets, experts say.