Mumbai, July 8 (IANS) Ahead of its much-awaited initial public offering (IPO), the National Stock Exchange (NSE) has reported a slowdown in its core operating performance, with revenue from key business segments and trading activity declining during FY26, according to its Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI).The exchange’s total revenue from operations fell to Rs 16,601.3 crore in FY26 from Rs 17,140.67 crore in FY25, marking a decline …
Latest IPO 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 7 (IANS) The National Stock Exchange’s proposed Rs 30,000 crore initial public offering, expected to be the largest share sale in Indian history, comes after a decade-long delay caused by the co-location controversy. Even as the exchange prepares to list, recent regulatory curbs on derivatives trading have weighed on its revenue, profitability and market share, raising fresh questions ahead of the long-awaited IPO, as per the Value Research report.The roadblock stemmed from the co…
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-…
New Delhi, July 6 (IANS) India’s dealmaking landscape witnessed a sharp rise in transaction values during the second quarter of 2026, with the combined value of mergers and acquisitions (M&A) and private equity (PE) deals surging 127 per cent quarter-on-quarter to $36.3 billion, according to a report.According to a report by Grant Thornton Bharat, M&A activity emerged as the key driver of dealmaking during the quarter, with 240 transactions worth $27.9 billion.While M&A deal volumes …
Mumbai, July 6 (IANS) Aastha Spintex shares made a weak stock market debut on Monday, listing at Rs 130 apiece on both the BSE and NSE, compared with the IPO issue price of Rs 136. The listing reflected a discount of 4.41 per cent for investors who were allotted shares in the public issue.Despite the weak start, investor sentiment improved soon after trading began. Fresh buying interest lifted the stock to its 5 per cent upper circuit limit, reversing early losses and signalling strong demand in…
Mumbai, July 4 (IANS) The Cyber Crime Branch of the Mumbai Police has busted an organised cyber fraud syndicate allegedly involved in cheating investors of more than Rs 1.07 crore through fake online share trading schemes. As part of the operation, police arrested six individuals accused of orchestrating the fraud by luring victims with bogus investment opportunities, officials said.According to the Cyber Police, the accused allegedly carried out the fraud by operating through WhatsApp groups, f…
Mumbai, July 4 (IANS) India’s mergers and acquisitions’ deal value jumped 31 per cent (year‑on‑year) to $86.9 billion in the first half of 2026, even as deal volumes eased 8 per cent, highlighting fewer but larger transactions, a report has said.The report from London Stock Exchange Group (LSEG) said momentum was concentrated in Q2 (April-June), which totalled $66.9 billion, more than triple the prior quarter and the highest quarterly total since Q2 2022, driven by a handful of large restr…
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, July 1 (IANS) Jivial Industries made a weak debut on the BSE SME platform on Wednesday, with its shares listing significantly below the initial public offering (IPO) price. The stock opened at Rs 156.80 per share, reflecting a discount of 20 per cent compared to its issue price of Rs 196.Selling pressure continued after the listing, dragging the stock down by nearly 4 per cent from its opening level. At one stage, the share price had declined 22.83 per cent from the IPO price, highlighti…