Topic
initial public offering
Business Milky Mist to Launch ₹1,553 Crore IPO in Early August, India's Largest Dairy Issue
Milky Mist Dairy Food Ltd, a value-added dairy company, is expected to launch its ₹1,553 crore IPO by mid-August, following a ₹482 crore pre-IPO placement led by Temasek. The issue is the largest by an Indian dairy firm. Proceeds will be used for debt repayment and capacity expansion.
SK Hynix raises $26.5bn in record US share sale, tapping AI chip demand
SK Hynix raised $26.5bn in a New York share offering, the largest ever by a foreign firm in the US. The South Korean chipmaker, a key Nvidia supplier, sold 177.9 million American depositary shares at $149 each, with demand reportedly over seven times the available shares. The listing gives US investors direct access to the AI chip boom without trading overseas.
Finance NSE Files for Rs 30,000 Crore IPO, Poised to Become India's Largest Public Debut
The National Stock Exchange of India has filed a draft red herring prospectus for an IPO of up to 148,905,525 equity shares, estimated at Rs 30,000 crore. If completed, it will surpass Hyundai Motor India's Rs 27,859 crore IPO to become the country's largest market debut. The issue is a pure offer-for-sale, with State Bank of India as the largest selling shareholder.
Business NSE Files DRHP for $2-Billion IPO; Tiger Global, SBI Among Major Sellers
The National Stock Exchange has filed its draft red herring prospectus with Sebi for an estimated $2-billion IPO, nearly nine years after its first attempt was stalled by the co-location controversy. The issue is entirely an offer for sale, with Tiger Global, SBI, IDBI Bank, and others selling shares. The exchange received a no-objection certificate from Sebi earlier this year, clearing the final regulatory hurdle.
Business Prism Secures SEBI Approval for Rs 6,650 Crore IPO
Prism, the parent company of Oyo, has received approval from SEBI for a Rs 6,650 crore IPO, aiming for a $7-$8 billion valuation. The company plans to update its draft papers by July amid market volatility.