by AIP Online Bureau | Aug 26, 2023 | Health, Indian News, Intermediaries
According to the fresh draft red herring prospectus (DRHP) filed on Friday, the initial public offering (IPO) is entirely an offer for sale of up to 2.8 crore equity shares of Medi Assist by promoters and existing shareholders Mumbai: Bengaluru-based third party...
by AIP Online Bureau | Apr 29, 2023 | Indian News, Life, Non-Life, Wealth Management/ Philanthropy
Jio Financial Services along with host of various financial services companies will also float one life insurance and one general insurance company Mumbai: Reliance Industries Ltd. is planning to list its digital financial services unit,Jio Financial Services, as soon...
by AIP Online Bureau | Mar 21, 2023 | Indian News, Life, Regulation
The public issue consists of a fresh issue of equity shares worth up to Rs 500 crore and an offer-for-sale (OFS) up to 141,299,422 equity shares by promoter and selling shareholders Bank of Baroda will offload about 89,015,734 equity shares, while Carmel Point...
by AIP Online Bureau | Mar 19, 2023 | Eco/Invest/Demography, Indian News, Intermediaries, Non-Life, Regulation
”After the IPO fiasco following the listing of new age digital companies like PB Fintech , (the company behind the digital brand Policybazaar),Paytm, Zomato and Nykaa in which investors lost heavily, Sebi has tightened the approval norms for IPOs. This is...
by AIP Online Bureau | Feb 1, 2023 | Indian News, Non-Life
It is the second such setback for Digit’s listing ambitions. In a Jan. 30 letter issued by the Securities and Exchange Board of India (SEBI) seen by Reuters, the regulator said it was returning Digit’s IPO papers because the company did not comply with regulations by...
