Page 71 - Ipo News Today

Bharat Highways Invit has priced the IPO in the range of INR 98-100 per unit with the issue opening on February 28. The infra-investment trust is offering units worth INR 2,500 crore through the IPO. About 75% of the issue will be available for allocation on a proportionate basis to institutional investors, and 25% will be available for non-institutional investors.

Sadhav Shipping IPO: The net proceeds from the public offer will be used for repayment of debt, funding capex, to meet working capital requirements and for general corporate purposes.

Interiors & More made a decent debut on the bourses today. On NSE Emerge, Interiors & More share price was listed at ₹270 per share, 18.9 percent higher than the issue price of ₹227.

GPT Healthcare IPO: The company aims to raise around Rs 525.14 crore through a fresh issue of 21.5 lakh shares worth Rs 40 crore and an offer-for-sale of 2.6 crore shares worth Rs 485.14 crore

Tuhu Car, a Chinese car maintenance and repair company listed in Hong Kong, said it expects its financial results for 2023 to reflect a turnaround in its business as a post-pandemic rebound in domestic travel boosted demand for its services.

Reddit has inked a deal with Google, enabling the search giant to use posts from the popular online discussion platform for training its AI models.

Despite a more cost-efficient option of listing at GIFT IFSC, challenges such as smaller investor base and evolving regulations make US listings more attractive for Indian companies. However, complying with Sarbanes-Oxley Act, US GAAP and the Foreign Corrupt Practices Act poses complexities and costs, especially for smaller companies

Esconet Technologies IPO: The stock opened at Rs 290 on the NSE SME platform against the issue price of Rs 84

Reddit is going public and Sam Altman, the CEO of Open AI, is poised to cash in big time. Find out how he became one of Reddit’s largest shareholders.

​Software solutions provider firm Trust Fintech Ltd on Friday said it has raised Rs 5.42 crore in a pre-IPO funding round. Earlier this month, the company filed preliminary papers for the Initial Public Offering (IPO) and the shares are expected to be listed on NSE Emerge in March.