Latest business news
The process of listing of two subsidiaries of Coal India Ltd – BCCL and CMPDI – has begun, and draft papers would be filed soon with Sebi, the company on Monday said. Speaking to reporters on the sidelines of CII Mining and Construction Equipment Summit, Coal India Ltd (CIL) Director Business Development Debasish Nanda said,…
The primary market is all set to be back in action as two new initial public offerings (IPOs) in the mainboard segment will be opening for subscription next week. Meanwhile, three new IPOs will also open for bidding in the small and medium enterprise (SME) segment. “The Indian IPO market, which witnessed a record ₹1.6…
Donald Trump has been dubbed as the “cryptocurrency friendly” US President, and now his family-backed Bitcoin mining company is set to go public on a New York Stock exchange via merger route, today. American Bitcoin Corporation, majority owned by Hut 8 Corp., and partly owned by Donald Trump’s sons Eric Trump and Donald Trump Jr.,…
Investment word of the day: A follow-on public offering (FPO) allows a company already listed on the stock exchange to issue shares to investors to raise capital. It is the process through which companies that have already raised money through an initial public offering (IPO) issue additional shares for more funds. How does Sebi define…
New Delhi: Payments from state-run companies to the exchequer are likely to cross ₹80,000 crore in FY26, an all-time high, two people familiar with the matter said, citing strong contributions from oil and gas, power, and mining. Robust earnings in these sectors, along with a focus on boosting returns from public sector investments, is expected…
The primary market is all set to be back in action as one new initial public offering (IPO) in the mainboard segment will be opening for subscription next week after more than a month. The market will also witness opening of four new issues in the small and medium enterprise (SME) segment as well. “Q1…
Ather Energy plans to restart its activities in the primary market this month with its highly awaited initial public offering following a pause of two and a half months. On April 22, the electric scooter manufacturer submitted a draft red herring prospectus for its IPO to the Securities and Exchange Board of India (Sebi). Ather…
Electric two-wheeler maker Ather Energy Ltd on Friday said it has mobilised ₹1,340 crore from anchor investors days ahead of the launch of its inITIal share sale for public subscription. The Ather Energy IPO opens for public subscription on April 28. Some of the key anchor investors who were allocated shares include Custody Bank of…
The Upcoming IPO: As the Indian stock market regained lost ground, the first mainboard public offer for the financial year 2025-26 (FY26) by EV maker Ather Energy is set to hit Dalal Street next week. According to the company’s red herring prospectus (RHP) filed with market regulator SEBI, the initial public offering (IPO) of Ather…
Continuum Green Energy IPO: An independent power producer, Continuum Green Energy Limited, on Monday, April 21, received the green light from the Securities and Exchange Board of India (Sebi) to launch its initial public offering (IPO). The company submitted its preliminary draft papers on December 10, 2024. Continuum Green Energy’s business Continuum Green Energy is…
