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Asia’s richest tycoon plans to list at least five of his companies over 2026-28

Asia’s richest man plans to sell shares to the public in at least five companies between 2026 and 2028, helping the port-to-power conglomerate improve debt ratios and broaden its investor base.

Billionaire tycoon Gautam Adani
Billionaire tycoon Gautam Adani
Published on Jan 23, 2023 03:17 PM IST
Bloomberg | | Posted by Singh Rahul Sunilkumar

'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

LIC market debut lacklustre after record IPO: 10 points 

LIC market debut: The LIC IPO has been the country's largest so far but a weak debut comes as a disappointment. 

LIC market debut: The insurance behemoth had a record IPO last week. ((ANI) )
LIC market debut: The insurance behemoth had a record IPO last week. ((ANI) )
Published on May 17, 2022 09:22 AM IST
By | Edited by Swati Bhasin

LIC IPO: India's biggest IPO has opened - Here are 10 things you should know

Much-awaited ₹21,000 crore LIC IPO has opened for the general public at a price band of ₹902 to ₹949 per equity share.

The LIC IPO is all set to open for general public on May 4, Wednesday, and it will remain open for bidding till May 9. (HT)
The LIC IPO is all set to open for general public on May 4, Wednesday, and it will remain open for bidding till May 9. (HT)
Updated on May 04, 2022 11:49 AM IST
By | Edited by Chandrashekar Srinivasan, New Delhi
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