• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Wednesday, June 18, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Business

Four firms planning for IPO on Dalal Street this week

by Rohit Yadav
August 9, 2021
in Business, Markets, News, Tech, Trending
Reading Time: 2 mins read
0
CarTrade

(Source: Entrackr)

TwitterWhatsappLinkedin

This week, Dalal Street will be buzzing with activity as four firms file for initial public offerings.

You might also like

Ram Raises the Bar: New 10-Year, 100,000-Mile Powertrain Warranty Aims to Win Truck Buyers

Mumbai Police Crack Down on Rapido, Uber Bike Taxis for Illegal Operations

Delhivery’s ₹1,407 Cr Acquisition of Ecom Express Approved by CCI

CarTrade Tech

CarTrade Tech, a multi-channel car platform, will launch its initial public offering for subscription on August 9-11. The offer’s price range has been set at Rs 1,585–1,618 per equity share. The IPO is a full offer by the selling shareholders to sell 1,85,32,216 equity shares. The business intends to raise Rs 2,998.51 crore through the offer, which would be priced at the top of the pricing range. As the offer is a comprehensive offer for sale, the firm will not receive any cash.

CarTrade
(Source: Entrackr)

Nuvoco Vistas Corporation

From August 9 to 11, Nuvoco Vistas will launch its public offering for bidding. The offer’s price range has been set at Rs 560-570 per equity share. The business intends to raise Rs 5,000 crore through its public offering, which would include a fresh issue of Rs 1,500 crore and an offer for sale by founder Niyogi Enterprise of Rs 3,500 crore. On August 6, it had already secured Rs 1,500 crore from anchor investors. Nuvoco Vistas plans to use the Rs 1,350 crore in net proceeds from the new issuance to settle (in part or in full) certain debts and for general corporate purposes.

Aptus Value Housing Finance

Aptus
(Source: Uptobrain)

Aptus Value Housing Finance India has set the price band for its first public offering at Rs 346-353 per equity share. Subscriptions for the public offer will be available from August 10 to 12. If there is an anchor book, it will open one working day before the issue opens, i.e. 9th of August. Existing selling shareholders can sell up to 6,45,90,695 equity shares in the IPO, which includes a fresh issue of Rs 500 crore. The entire amount raised is Rs 2,780.05 crore. The new issue’s net proceeds will be used to supplement tier I capital needs.

Chemplast Sanmar

On August 10, specialty chemicals producer Chemplast Sanmar will go public. The promotion will end on August 12th. The business plans to raise Rs 3,850 crore through a public offering that includes a new issuance of Rs 1,300 crore and a promoter offer for sale of Rs 2,550 crore. Sanmar Holdings and Sanmar Engineering Services, the promoters, would sell shares worth Rs 2,463.44 crore and Rs 86.56 crore, respectively. The net proceeds from the new issuance would be used to pay down non-convertible debentures early (totaling Rs 1,238.25 crore) and for general corporate purposes. The issue’s worldwide coordinators and book running lead managers are ICICI Securities, Axis Capital, Credit Suisse Securities (India), IIFL Securities, Ambit, BOB Capital Markets, and HDFC Bank. The book running lead managers for the offer is IndusInd Bank and YES Securities (India).

Tags: Aptus Value Housing FinanceCarTrade TechChemplast SanmarIPOsNuvoco Vistas Corporation
Tweet54SendShare15
Previous Post

Saudi Aramco delivers bumper earnings in Q2

Next Post

Stripe is the most awaited IPO this year

Rohit Yadav

Hi! I'm Rohit, If you like reading about markets, technology and business, you've come to the right place. Catch me: [email protected]

Recommended For You

Ram Raises the Bar: New 10-Year, 100,000-Mile Powertrain Warranty Aims to Win Truck Buyers

by Samir Gautam
June 18, 2025
0
Ram Raises the Bar: New 10-Year, 100,000-Mile Powertrain Warranty Aims to Win Truck Buyers

In a significant move that could reshape the competitive landscape of American pickup trucks, Ram has unveiled an expansive new powertrain warranty, 10 years or 100,000 miles, for...

Read more

Mumbai Police Crack Down on Rapido, Uber Bike Taxis for Illegal Operations

by Ishaan Negi
June 18, 2025
0
Ride-hailing platform Rapido becomes a unicorn following $120 Mn funding

In a dramatic turn of events, Mumbai’s bustling streets have become the battleground between law enforcement and two of India’s biggest mobility players—Rapido and Uber. On Tuesday, the...

Read more

Delhivery’s ₹1,407 Cr Acquisition of Ecom Express Approved by CCI

by Ishaan Negi
June 18, 2025
0
Delhivery alleges Ecom Express misrepresented numbers in DRHP which may misguide investors

Delhivery Ltd.'s acquisition of a majority stake in Ecom Express Ltd. for about ₹1,407 crore has been authorized by the Competition Commission of India (CCI), marking a significant...

Read more
Next Post
Stripe is the most awaited IPO this year

Stripe is the most awaited IPO this year

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?