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Shiprocket draws Goldman Sachs, HDFC MF, SBI MF and others to Rs 727 crore anchor round ahead of IPO
Shiprocket secured Rs 727.41 crore from anchor investors before its upcoming initial public offering. The e-commerce enablement company aims to raise a total of Rs 1,617.48 crore through its maiden public issue. The IPO includes a fresh issue and an offer for sale, with a price band of Rs 92-97 per share. Proceeds will fund platform growth, technology, and debt repayment, and support acquisitions.
Read MoreShiprocket raises Rs 727 crore from anchor investors ahead of IPO
Shiprocket secured Rs 727.41 crore from anchor investors before its upcoming initial public offering. The e-commerce enablement company aims to raise a total of Rs 1,617.48 crore through its maiden public issue. The IPO includes a fresh issue and an offer for sale, with a price band of Rs 92-97 per share. Proceeds will fund platform growth, technology, and debt repayment, and support acquisitions.
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Behari Lal Engineering raises Rs 90.5 cr from anchor investors ahead of IPO
Behari Lal Engineering Ltd has secured Rs 90.48 crore from anchor investors. The integrated iron and steel manufacturer's IPO opens for subscription on August 12. The company plans to utilize fresh issue proceeds for facility upgrades and expansion. Funds will also support solar panel installation and debt repayment. The public issue comprises a fresh issue and an offer-for-sale.
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Skytech Infinite to launch Rs 22 crore SME IPO on Aug 14 for fueling bigger automation projects
Skytech Infinite Platform is gearing up for its initial public offering set for August 14, aiming to raise Rs 22.68 crore. The funds will primarily focus on enhancing working capital and expanding operations into new markets. This industrial automation leader seeks to solidify its footprint in vital sectors, with shares anticipated to debut on NSE Emerge on August 21.
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Tablespace technologies files draft papers with Sebi to raise funds through IPO
Tablespace Technologies has filed its DRHP with SEBI for an IPO comprising a fresh issue of up to ₹800 crore and an OFS. The managed workspace provider plans to repay borrowings, pursue acquisitions and fund corporate needs.
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NDR InvIT Trust files draft papers for Rs 750 crore IPO
In an ambitious move, NDR InvIT Trust plans to launch a public offering to secure up to Rs 750 crore, comprising a combination of new issues and an offer-for-sale. The capital raised is intended to enhance their portfolio through new warehousing acquisitions, facilitating ongoing development. NDR Warehousing, as the trust's sponsor, stands as a leader in India's warehousing landscape, overseeing a substantial amount of leasable space in strategic markets.
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