Posts

Showing posts with the label ipo news

Inox Clean Energy IPO: Powering India’s Green Revolution

Image
India’s renewable energy landscape is on the cusp of a major transformation, and leading this shift is Inox Clean Energy. The company is gearing up to launch one of the most anticipated initial public offerings (IPOs) in the green energy space, with plans to raise an impressive ₹5,000 crore. As climate consciousness rises and the country sets ambitious targets for clean energy, this IPO is drawing significant attention from both institutional and retail investors. About Inox Clean Energy Inox Clean Energy is a key entity under the diversified INOXGFL Group, which has interests spanning specialty chemicals, fluoropolymers, engineering, and renewable energy. The clean energy arm focuses on harnessing wind and solar power to support India’s decarbonization goals. Over the years, Inox has steadily expanded its renewable energy capacity and is now positioning itself to scale further through public funding. The company’s vision aligns closely with India’s national agenda, whi...

Boat Owner Imagine Marketing Files DRHP with SEBI: IPO on the Horizon

Image
Consumer electronics brand  boAt , operated by  Imagine Marketing Ltd. , has taken a significant step toward going public by filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). This marks a major milestone for one of India’s fastest-growing homegrown audio and wearable tech brands. IPO Details So Far While the company has not yet disclosed the exact date of its initial public offering (IPO), the DRHP filing suggests an impending launch. According to initial reports, the IPO is expected to consist of a combination of fresh issue of shares and an offer for sale (OFS) by existing shareholders. boAt  had previously filed for a Rs 2,000 crore IPO in 2022 but later put the plans on hold due to volatile market conditions. This new filing could be a revised version with updated financials and a renewed strategy aligned with current market sentiments. About boAt and Imagine Marketing Founded in 2016, boAt quickly emerg...

Tata Capital Files Confidential DRHP with SEBI for Upcoming IPO

Image
Tata Capital, a key financial services subsidiary of the Tata Group, has initiated the process for a public listing by confidentially submitting its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI). The company is planning an Initial Public Offering (IPO) worth approximately ₹15,000 crore, marking a major milestone in its expansion and compliance journey. Taking the Confidential Route SEBI's introduction of the confidential pre-filing option in 2022 allows companies to privately file their IPO documents for regulatory review. Tata Capital has taken advantage of this option, allowing for internal assessments and revisions based on SEBI's feedback before formally going public with the IPO details. IPO Structure and Key Participants The upcoming IPO is expected to include a fresh issue of around 230 million shares, along with an offer for sale (OFS) from current shareholders such as Tata Sons and the International Finance Co...