Mumbai, July 13 (IANS) The National Stock Exchange (NSE) Managing Director and CEO Ashishkumar Chauhan’s remuneration increased by about 41 per cent over the last two financial years to Rs 15.88 crore in FY26, according to the exchange’s draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI) ahead of its proposed initial public offering (IPO).The DRHP showed that NSE CEO Chauhan received remuneration of Rs 15.88 crore (Rs 158.88 million) in FY26, compare…
Latest DRHP News & Updates
New Delhi, July 7 (IANS) Cult.fit, the fitness and wellness platform backed by prominent investors including Temasek, Tata Digital, Accel and Kalaari Capital, has filed its Draft Red Herring Prospectus (DRHP) for an initial public offering (IPO), but the filing also lays out several business and operational risks that prospective investors will need to weigh.The proposed IPO comprises a fresh issue of shares worth up to Rs 950 crore and an offer for sale (OFS) of up to 17.86 crore equity shares …
Mumbai, July 6 (IANS) The National Stock Exchange’s (NSE) long-awaited initial public offering (IPO) is now likely to be launched in September, with pending regulatory and legal issues continuing to delay the process. While earlier reports had suggested the exchange could hit the market sooner, unresolved matters — including the long-running co-location case and other disclosures in its draft red herring prospectus (DRHP) — have kept the listing on hold.One of the key issues has been the long-…
Mumbai, July 1 (IANS) Prism, the parent company of OYO, has flagged its ongoing legal battle with Zostel as a key risk in its draft red herring prospectus (DRHP) filed ahead of its proposed initial public offering (IPO).In the DRHP, the company said that any adverse outcome in the legal proceedings involving Zostel may materially and adversely affect its business, reputation, prospects, results of operations and financial condition.It also warned that an unfavorable final decision could result i…
Mumbai, June 30 (IANS) OYO-parent Prism Hotels and Resorts has highlighted significant business and legal risks in its updated draft red herring prospectus (DRHP), offering investors a closer look at challenges that extend beyond its improving financial performance ahead of its proposed initial public offering (IPO). The filing showed the hospitality company has become increasingly dependent on overseas markets, remains exposed to a long-running legal dispute with Zostel and attributes much of i…
Mumbai, June 19 (IANS) Securities and Exchange Board of India (SEBI) Chairman Tuhin Kanta Pandey on Friday said the regulator has internally approved the proposed settlement in the long-pending National Stock Exchange (NSE) co-location case.Speaking to reporters, Pandey said the settlement proposal has received internal approval and the issue is expected to reach closure soon.”Internally, the NSE settlement has been approved. The matter will be resolved soon,” he said.The development comes just …
Mumbai, April 5 (IANS) India’s primary market activity picked up sharply in March 2026, with as many as 38 companies filing preliminary IPO papers with the Securities and Exchange Board of India (SEBI).The number marks a significant increase compared with 22 filings in March 2025 and 16 in March 2024, SEBI data showed, pointing to a strengthening pipeline of public issues.Market participants attributed the spike to a mix of rising confidence among issuers and the strategic timing of filings to…
New Delhi, Feb 6 (IANS) IPO-bound National Stock Exchange on Friday reported a sharp 37 per cent year-on-year drop in its consolidated net profit at Rs 2,408 crore in the October-December period (Q3 FY26), compared to Rs 3,834 crore in Q3 FY25.On the sequential basis, the net profit grew nearly 15 per cent from Rs 2,098 crore in the September quarter, according to the company’s financial statement.Total income also fell 9 per cent (on-year) to Rs 4,395 crore, from Rs 4,807 crore in Q3 FY25. Th…