Page 77 - Ipo News Today

Reddit’s IPO, which has been in the works for more than three years now, would be the first from a major social media company since Pinterest’s debut in 2019.

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Reddit will offer 75,000 of its most frequent users the chance to buy shares in its March IPO, the Wall Street Journal reported, an unusual move.

Fourth quarter of 2023 witnessed a staggering 72% increase in IPOs compared to the same period in 2022; SME segment showcased remarkable growth, witnessing 61 IPOs in Q4 2023, states the Q4 IPO Trends report by EY

India is home to the fifth-highest reserves of iron ore in the world. Easy availability of low-cost manpower and presence of abundant iron ore reserves make India competitive in the global set up.

Tolins Tyres: The company may consider raising INR 25 crore in a Pre-IPO placement round. If such placement is undertaken, the fresh issue size will be reduced.

Over the next two years, India's fundraising scene is expected to be busier than ever as owners take advantage of the opportunity to liquidate holdings and conglomerates, tech companies, and financial services providers look for capital to support expansion.

Vibhor Steel Tubes Listing: The price band for the Rs 72-crore issue, which opened for subscription on February 13 and closed on February 15, was fixed at Rs 141-151 a share

The Chinese securities watchdog’s new head, “Broker butcher” Wu Qing, has lost no time in tackling the turmoil that has rocked the country’s stock markets, after it hit five-year lows this month, unveiling a slew of proposals aimed at reviving market confidence.

The shares are expected to be offered by Novelis’ sole shareholder (a unit of Hindalco Industries Ltd). Novelis will not receive any proceeds from the sale of shares by its shareholder