Search Results for:Sneh Susmit

India: Brokerage firm ICICI Securities to launch $618m IPO on 22 March

ICICI Securities has set a price band of Rs519-520 per share for the IPO.

Wipro to sell hosted data centre biz to Ensono Holdings for $405m

Wipro and Ensono have also signed a long-term partnership agreement to jointly address the hybrid IT requirements of Wipro’s new and existing enterprise customers. As part of the agreement, Wipro will make a $550-million strategic investment in Ensono’s combined entity.

India: Venture Gurukool to launch $20m VC fund

The fund, which will have a green shoe option to raise another $20 million, will invest in business-to-business and consumer technology start-ups.

India: Bharat Dynamics to launch $147.8m IPO on March 13

Bharat Dynamics has set a price band of Rs413-428 per share for the IPO. The offer will close on 15 February.

Buoyed by robust growth, India’s seafood exporters plan IPO

Industry experts said seafood exporters are encouraged by the stellar market performance of listed peers.

Genomics startup MedGenome raises funds from HDFC group firms in $40m Series C

MedGenome’s Series C round was joined by Sequoia, Sofina, Zodius Capital, former Infosys CEO Kris Gopalakrishnan and former Cognizant CEO Lakshmi Narayanan.

India aims to raise $92m from Bharat Dynamics’ upcoming IPO

The share sale is part of the Indian government’s plans to pare stakes in public sector enterprises through various routes such as IPOs and strategic sales.

India: Frozen seafood exporter Sandhya Marines files for IPO

Proceeds from the IPO will be utilized for setting up of a shrimp processing unit, an aqua-feed mill facility and a new corporate office.

India: Firms line up IPOs worth $1.85b in March

The IPO activity in March is expected to be led by companies such as state-owned fighter jet maker Hindustan Aeronautics Ltd (HAL), Bandhan Bank Ltd and ICICI Securities Ltd.

Federal Bank to acquire 26% stake in Mumbai-based investment bank Equirus Capital

The association would aid Federal Bank in offering a host of products including wealth management services to high-net-worth individuals.