Topic
capital raising
Finance State-Owned Fertiliser Firm RCF Plans to Raise ₹1,500 Crore via Follow-On Public Offer
State-owned fertiliser manufacturer Rashtriya Chemicals and Fertilizers Ltd (RCF) plans to raise up to ₹1,500 crore via a follow-on public offer (FPO) of equity shares. The board approved the fresh issue, subject to approval from shareholders, the Department of Fertilisers, and DIPAM. RCF operates two units in Maharashtra and produces a wide range of fertilisers and industrial chemicals.
Business Kuku Technologies Seeks Rs 3.5k Cr in Confidential IPO Filing
Kuku Technologies has confidentially filed for an IPO to raise Rs 3,500 crore. The digital entertainment startup aims for a Rs 15,000 crore valuation, with plans to list later this fiscal year.
Logistics Apollo's $1.4B Fund Boosts Logistics Real Estate
Apollo's affiliate, Bridge Investment Group, has raised $1.4 billion for a logistics real estate fund, surpassing its initial target. This fund aims to acquire and enhance logistics properties in key U.S. markets, driven by e-commerce growth and supply chain modernization.