India IPOs End 2023 With A Bang
For the last quarter of 2023, there are 23 IPOs announced in India so far—the highest number for the October-to-December quarter in a decade.
Source: forbes.com
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Ola IPO to be first by an Indian EV maker, also a first by an automaker in 20 years
Ola Electric IPO is expected to be valued at around Rs 8,500 crore (approximately $1 billion), making it one of the top 15 offerings in India in terms of size. What makes this IPO even more significant is that Ola Electric will be the first pure play EV manufacturer to list on the Indian stock exchanges. It will be also the first IPO by an auto maker in India in over 20 years.
Source: indiatimes.com
Industry: With 149 IPOs, India tops in listings this year: Study
Business News: India has emerged as the global leader in IPOs this year, with 149 listings so far, according to a study by EY. This is compared to 144 IPOs in 2022.
Source: indiatimes.com
Akums Drugs likely to launch IPO next year: Report
Contract manufacturing drug firm Akums Drugs & Pharmaceuticals is planning to launch an IPO in 2024, with ICICI Securities, Citi, Axis Capital, and Ambit as its investment banks, says report
Source: livemint.com
Indonesia's IPO Market Is Thrashing India, Hong Kong
Indonesia has overtaken Hong Kong -- long one of the top IPO markets -- for the first time since 1995, and is outpacing economic powerhouses India, South Korea and Japan.
Source: india.com