Jio Platforms, Reliance’s digital and telecom arm, opened India’s largest-ever IPO on October 21 at a Rs 1,065-1,119 price band, implying a ₹10.3 lakh crore valuation. The fully fresh issue raises ₹30,213 crore, with listing on NSE and BSE set for October 28.
Read Full ArticleLenskart shares debut with sharp volatility despite strong IPO demand; stock opens below issue price before recovering to close slightly higher.
Hyundai Motor India to file for IPO, aiming to raise $2.5-$3 billion in what could be Indias largest share sale, enhancing its market value and competitive edge.
Brainbees Solutions, the parent company of FirstCry, files for an IPO with SEBI, aiming for a valuation of around $3.5-3.75 billion. Key stakeholders including Tata and Mahindra & Mahindra plan to sell their shares, marking a significant move in the e-commerce sector.
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