Articles for tag: BSE, Complaint, Concerns, Financial, Investor, IPO, irregularities, Listing, Market, Regulator, SEBI, Suspends, Trafiksol

Market News

BSE suspends Trafiksol IPO listing amid investor concerns over financial irregularities, following a complaint to market regulator Sebi.

BSE suspends Trafiksol IPO listing amid investor concerns over financial irregularities, following a complaint to market regulator Sebi.

The Bombay Stock Exchange (BSE) has delayed the listing of Trafiksol ITS Technologies due to investor concerns about the company’s financial health and how it plans to use the IPO proceeds. The Rs 45-crore initial public offering attracted bids worth over Rs 10,000 crore, but issues such as frequent auditor resignations and questionable spending raised ...

Market News

Gaurs Group prepares for an IPO amid soaring demand, fueled by a record-breaking luxury housing project launch.

Gaurs Group prepares for an IPO amid soaring demand, fueled by a record-breaking luxury housing project launch.

Gaurs Group is set to launch its Initial Public Offering (IPO) within the next 18 months, aiming to expand its operations in response to strong consumer demand. The company’s Chairman, Manoj Gaur, announced plans to grow its housing project development across the Delhi-NCR region. Following the successful launch of a luxury housing project in Ghaziabad ...

Market News

LG Electronics plans a .5 billion IPO for its Indian unit, aiming to boost revenue and capitalize on India’s growth potential.

LG Electronics plans a $1.5 billion IPO for its Indian unit, aiming to boost revenue and capitalize on India’s growth potential.

LG Electronics is planning a potential initial public offering (IPO) for its Indian business, aiming to raise between $1 billion and $1.5 billion. This move could value LG Electronics India Pvt Ltd at around $13 billion. The company has selected major banks like Bank of America, Citigroup, JPMorgan Chase, and Morgan Stanley to manage the ...

Market News

Delhivery accuses Ecom Express of misrepresenting business metrics in their IPO prospectus, igniting a fierce rivalry in logistics.

Delhivery accuses Ecom Express of misrepresenting business metrics in their IPO prospectus, igniting a fierce rivalry in logistics.

Delhivery, a logistics company backed by SoftBank, has accused its competitor Ecom Express of wrongly representing business metrics in its draft IPO documents. The dispute centers on shipment volumes and other financial figures, with Delhivery claiming Ecom Express has misclassified shipments by double-counting some returns. For instance, while Ecom Express reported 514.41 million shipments, Delhivery ...

Market News

Gala Precision Engineering’s IPO Soars 201.44 Times Amid High Demand

Gala Precision Engineering’s IPO Soars 201.44 Times Amid High Demand

Gala Precision Engineering Ltd has announced its initial public offering (IPO) with a price range set between Rs 503 and Rs 529 per share. The IPO has seen overwhelming demand, being subscribed 201.44 times by the closing day, with non-institutional investors leading the charge at 414.65 times. The total offering includes 25.58 lakh new shares ...

Market News

OfBusiness Aims for  Billion IPO Amid India’s Booming Market

OfBusiness Aims for $1 Billion IPO Amid India’s Booming Market

OfBusiness, a SoftBank-backed Indian online platform that supplies raw materials to businesses, is planning an initial public offering (IPO) worth up to $1 billion. The company is in talks with major banks, including Bank of America and JP Morgan, aiming for a listing on Indian stock exchanges in the second half of 2025. The IPO ...

Market News

JSW Cement’s ₹4,000-Crore IPO Halted by Sebi: What’s Next?

JSW Cement’s ₹4,000-Crore IPO Halted by Sebi: What’s Next?

JSW Cement’s planned Rs 4,000-crore initial public offering (IPO) has been put on hold by the Securities and Exchange Board of India (Sebi) without clarification on the reasons. The company, part of the diversified JSW Group, initially filed the IPO documents on August 16, which included a new issue and an offer-for-sale by existing shareholders. ...

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