New Delhi, June 12 (IANS) Space Exploration Technologies Corp. (SpaceX) officially began trading on the Nasdaq on Friday after completing a record-breaking $75 billion initial public offering (IPO), marking a historic moment for global capital markets and bringing founder Elon Musk closer to becoming the world’s first trillionaire.The start of trading was marked by SpaceX executives ringing the opening bell at the Nasdaq stock exchange, while celebrations were also held at the company’s headquar…
Latest IPO News & Updates
Mumbai, June 11 (IANS) Business-to-Business (B2B) travel and tourism aggregator UHM Vacation Limited made a weak debut on the BSE SME platform on Thursday, with its shares listing at a sharp discount to the issue price amid subdued investor sentiment.The stock opened at Rs 132.80 per share, nearly 20 per cent below its IPO price of Rs 166. Selling pressure continued after listing, pushing the stock to its 5 per cent lower circuit limit of Rs 126.20 per share.The opening price remained the stock’…
New Delhi, June 9 (IANS) IPO-bound quick commerce platform Zepto has disclosed in its updated draft red herring prospectus (UDRHP) that its founders — Aadit Palicha and Kaivalya Vohra — received summons from the Directorate of Enforcement (ED) in April under proceedings linked to the Foreign Exchange Management Act (FEMA), 1999.According to the updated filing submitted to the Securities and Exchange Board of India (SEBI), the ED sought information and documents related to the company and its p…
New Delhi, June 8 (IANS) Vedanta Resources has run into a credibility test in the US listing of its copper business, with auditors flagging concerns over the financial viability of its main asset, which has been piling up losses, according to a regulatory filing.The mining group has filed for an initial public offering (IPO) of CopperTech Metals Inc, a US-domiciled entity that owns and operates Vedanta’s Zambian copper mines and is expected to list on the New York Stock Exchange under the tick…
Mumbai, June 8 (IANS) The markets regulator is preparing to roll out a bond tokenisation pilot within six to nine months, while also advancing a wide-ranging reform agenda covering corporate bond liquidity, broker capital norms, IPO price discovery and foreign investor access, SEBI Chairman Tuhin Kanta Pandey said on Monday.The initiative is being seen as a key step toward improving participation in India’s debt markets and making fixed-income instruments more accessible and efficient.“The r…
New Delhi, June 3 (IANS) India’s largest lender, State Bank of India (SBI), expects to list its asset management arm SBI Funds Management Ltd (SBIFML) on the exchanges in 2027, with draft papers for the proposed public issue already filed with market regulator Sebi, SBI Chairman Challa Sreenivasulu Setty said on Wednesday at the CITI India 2026 Conference in Mumbai.Speaking with NDTV Profit, Setty said the country’s largest lender is moving ahead with plans for the initial public offering (I…
New Delhi, May 22 (IANS) India’s start‑up ecosystem has entered a phase of “cautious growth” with an active initial public offering pipeline with 70 to 120 start‑ups expected to get listed by 2030, a report said on Friday. The report from professional services firm Aon said start‑ups are likely to deliver an average salary increase of 9.7 per cent in 2026, reflecting a moderation from earlier peaks but still remaining competitive in attracting critical talent.In January 2026, 23 star…
New Delhi, May 21 (IANS) Securities and Exchange Board of India (SEBI) in a consultation paper on Thursday proposed a sweeping reform in calculation of stock prices during IPO listings and re-listings.Current system of price discovery is artificially suppressing prices and triggering repeated upper circuits once trading begins, the market regulator said.It proposed automatic and faster expansion of price bands whenever strong investor demand emerges, reducing the need for manual intervention by …
New Delhi, April 29 (IANS) India’s pharma and healthcare sector recorded 78 deals worth $1.9 billion in Q1 2026, with deal volumes holding steady even as overall values moderated in the absence of large‑ticket transactions, a report said on Wednesday.The report from Grant Thornton Bharat said mergers and acquisitions accounted for 30 deals worth $915 million during the quarter, with volumes remaining broadly stable and values moderating about 40 per cent sequentially.The moderation in the de…
New Delhi, April 27 (IANS) The technology sector of India has recorded deals worth $3.9 billion in the first quarter of 2026, which is the highest quarterly deal value since Q3 2022 (around 4 years), even as overall deal volumes declined, a report showed on Monday.A report from Grant Thornton Bharat highlighted that a total of 68 transactions were recorded during the quarter, that also includes IPO and QIP activity.However, volumes fell 8 per cent sequentially, deal value surged 43 per cent, dri…