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OYO to refile updated draft IPO papers by mid February

Earlier this month, Sebi had asked the company to refile the draft IPO papers with certain updates.

OYO's last submission to Sebi was the updated financial results of the first half of financial year 2022-23. (HT)
OYO's last submission to Sebi was the updated financial results of the first half of financial year 2022-23. (HT)
Published on Jan 18, 2023 02:41 PM IST
PTI | | Posted by Ritu Maria Johny

$20bn wipeout means India tech darlings' shares snapped up by Franklin Templeton

Funds managed by Franklin Templeton bought at least 3.3 million shares of e-commerce logistics provider Delhivery Ltd. and more than 2 million shares of PB Fintech Ltd., the operator of online insurance marketplace Policybazaar, in November, according to data compiled by Bloomberg.

Franklin Templeton. (Bloomberg News)
Franklin Templeton. (Bloomberg News)
Published on Jan 06, 2023 10:51 AM IST
Bloomberg |

'Neither quoted nor subscribed': Mamaearth's Ghazal Alagh on IPO valuation

In a series of Twitter posts, Ghazal Alagh tried to clear the air around the company's IPO valuation. “In our DRHP as is the standard practice there is no mention of valuation. Valuation discovery is a process which will take place over time as we get into deeper conversations with the investor community.”

Mamaearth products.
Mamaearth products.
Updated on Jan 05, 2023 06:03 PM IST
By | Edited by Aniruddha Dhar

Saudi Aramco's Luberef expects to raise up to $1.32 bn from IPO

Aramco owns 70% of Luberef and Saudi investment bank Jadwa Investment the remaining 30%. The final share price will be announced next Sunday, with subscriptions for individual investors running from December 14 to December 18.

Saudi Aramco's record listing in late 2019, later boosted to total $29.4 billion in proceeds, was the world's largest IPO.(Reuters)
Saudi Aramco's record listing in late 2019, later boosted to total $29.4 billion in proceeds, was the world's largest IPO.(Reuters)
Published on Dec 04, 2022 02:31 PM IST
Reuters | | Posted by Singh Rahul Sunilkumar

Paytm’s 75% slump is world’s worst for large IPOs in a decade: Report

One 97 Communications Ltd., the operator of India’s largest digital-payments provider known as Paytm, has capped the worst first-year share plunge among large IPOs over the past decade -- and the pain is worsening.

Paytm shares crashed more than 27 per cent on the listing day on November 18.(Reuters Photo)
Paytm shares crashed more than 27 per cent on the listing day on November 18.(Reuters Photo)
Published on Nov 24, 2022 01:37 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar
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