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Canara HSBC Life IPO sees tepid response; subscribed 6 pc on day 1

Canara HSBC Life IPO sees tepid response; subscribed 6 pc on day 1

by AIP Online Bureau | Oct 10, 2025 | Indian News, Life, Wealth Management/ Philanthropy

The retail individual investors (RIIs) category was subscribed 9 per cent, and the portion for non-institutional investors received 3 per cent. The qualified institutional buyers (QIBs) category did not see any participation so far. Canara HSBC Life Insurance Company...
SEBI eases IPO shareholding rules, brings relief for large companies

SEBI eases IPO shareholding rules, brings relief for large companies

by AIP Online Bureau | Sep 12, 2025 | Eco/Invest/Demography, Indian News, Regulation, Risk Management, Wealth Management/ Philanthropy

According to SEBI’s release, companies with a market capitalisation of Rs 50,000 crore to Rs 1 lakh crore will now get more time to meet the public shareholding requirements. They will be required to achieve 15 per cent MPS within five years of listing and 25 per cent...
Insurtech firm Turtlemint seeks IPO approval submits confidential papers to Sebi

Insurtech firm Turtlemint seeks IPO approval submits confidential papers to Sebi

by AIP Online Bureau | Sep 6, 2025 | Eco/Invest/Demography, Indian News

Founded in 2015 by Dhirendra Mahyavanshi and Anand Prabhudesai, Turtlemint is designed to simplify the purchase and man agement of insurance policies. The firm has sold 1.6 crore policies through its network of over five lakh advisers. New Delhi: Turtlemint Fintech...
Reliance Jio to launch IPO in first half of 2026, expand business overseas: Mukesh Ambani

Reliance Jio to launch IPO in first half of 2026, expand business overseas: Mukesh Ambani

by AIP Online Bureau | Aug 29, 2025 | Eco/Invest/Demography, Indian News, Wealth Management/ Philanthropy

Mukesh Ambani,Reliance Industries Chairman and Managing Director Recently the company had announced 50:50 joint venture with Allianz Group for setting up an Indian reinsurance company. It had also signed agreement with Allianz to explore life and general insurance in...
Florida focused insurtech Slide plans to $340 million US IPO

Florida focused insurtech Slide plans to $340 million US IPO

by AIP Online Bureau | Jun 18, 2025 | International News, Non-Life, Technology, Wealth Management/ Philanthropy

Slide and some of its existing stakeholders are looking to raise up to $340 million by offering 20 million shares priced between $15 and $17 each, the company revealed in a filing on Monday. Insurance tech company Slide is aiming for a valuation of up to $2.12 billion...
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