Pick n Pay Stores Ltd. has announced plans to list its low-cost Boxer business on the Johannesburg Stock Exchange by the end of the year. The move aims to raise up to 8 billion rand, which would make it the largest offering on the continent this year.
Septerna Inc. shares surged 19% in their trading debut today after the biotechnology company raised $288 million in a larger-than-expected initial public offering. This strong performance reflects investor confidence in the company’s potential and growth prospects.
Rigaku Holdings Corp. saw its shares drop on debut, despite positive signals from its offering indicating that investors remain interested in large Japanese stock deals. This comes as the primary market remains active with several listings.
 "Candytoy Corporate partners with Reliance Retail, expanding candy toy supply to 1,400 stores, poised for rapid growth and potential IPO.")
Candytoy Corporate, a prominent manufacturer of candy toys based in Indore, has teamed up with Reliance Retail to supply confectionery toys across 1,400 of its stores. The partnership, recently initiated, aims to have at least 200 stores operational by Diwali, generating a revenue run rate of Rs 2 crore per month. The company specializes in ...
 "Hyundai Motor India gears up for an IPO, aiming for a valuation that could surpass market leader Maruti Suzuki.")
Hyundai Motor India (HMI) has received approval from Sebi to launch its initial public offering (IPO), which is expected to happen in early November. The IPO, valued at around Rs 25,000 crore, allows Hyundai Motor Company to sell a 17.5 percent stake in its Indian unit. According to Nomura, HMI might achieve a valuation higher ...
 "Hyundai India gains IPO approval, aiming to raise billion, marking a significant comeback in the Indian automotive market.")
Hyundai Motor India has received approval for its initial public offering (IPO) from the Securities and Exchange Board of India. The South Korean automaker aims to raise $3 billion, valuing the company at around $20 billion. This IPO marks the first for a carmaker in India in the last 20 years, following Maruti Suzuki’s IPO ...
 "Sebi probes investment banks for inflated IPO fees, revealing potential malpractices in India’s booming small business offerings.")
India’s securities regulator, SEBI, is investigating six investment banks over high fees related to small business IPOs, which are reportedly reaching 15% of funds raised—far above the typical 1-3% range. This investigation, which started earlier this year, aims to combat malpractice in a booming IPO Market. SEBI is concerned that these inflated fees encourage artificial ...
 "StayVista aims for a 2028 IPO to raise ₹600 crore, expanding its luxury villa portfolio from 1,000 to 2,500 properties.")
StayVista, a leading luxury villa rental company in India, is set to list on stock exchanges by 2028 to raise Rs 600 crore while expanding its portfolio from 1,000 to 2,500 properties within two and a half years. Co-founder Amit Damani reported that the company reached Rs 140 crore in revenue for FY24 and turned ...
 "HDB Financial Services launched a Rs 2,500 crore IPO, showcasing robust growth and a promising future under HDFC Bank’s guidance.")
HDB Financial Services Ltd, a part of the HDFC Group, has received approval for its initial public offering (IPO), aiming to raise up to Rs 2,500 crore. This IPO includes a fresh issuance of shares and an offer for sale by existing shareholders, pending necessary approvals and Market conditions. Currently, HDFC Bank holds a significant ...
 "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 ...
