Big IPO in India Could Trigger Market Revival.Reports on the initial public offering of Indian software-outsourcing company Tata Consultancy Services that could trigger the recovery of the Indian market.BellmanEricEBSCO_bspWall Street Journal Eastern Edition...
Hyundai’s IPO in India is expected to be thebiggest in the country yet. It is estimated to raise $3 billion. “The market is abyss with excitement as Hyundai remains one of the strongest players in the Indian car market, consistently increasing its market share. We can expect Hyundai to ...
For the first time in the world, the Indian stock market regulator, Securities and Exchange Board of India (SEBI), introduced the system of IPO grading and made it mandatory for the companies going public since May 2007. This was done in order to decrease the information asymmetry between the...
A pioneer in the Indian electric two-wheeler (“E2W”) market Third largest player by volume of E2W sales in FY24 As per the DRHP, the offer consists of fresh issue of 3100 Cr. and Offer for sale aggregating up to 2.2 Cr equity shares Know More Hero Fincorp IPO A scaled NBFC offer...
Other relevant factors that may explain IPO underpricing are included in the analysis. Findings The results suggest that the subscription ratio, listing delay, and block holder ownership positively influence raw returns and market-adjusted excess returns. The proportion of women directors showed negative...
The spotlight has seemingly shifted in the past year toward companies going to market, hoping to ride on the coattails of India's growth story. The South Asian giant had a flood of listings in 2023,which hit a nine-year high of 238 with 614 billionIndian rupees($7.35 billion) raised,...
While the parent company will decide how the IPO's proceeds are used, the South Korean automaker will invest "aggressively" in "new products" and research and development capabilities of the India unit, he added. Hyundai, which entered the Indian market over two decades ago, made a ...
Shares ofOla Electricsurged 20% in their market debut Friday, valuing the Indian electric vehicle startup at around $4.8 billion. Ola Electric priced its shares at 76 rupees (91 cents) raising the company more than $730 million via the initial public offering in Mumbai. It ...
In 2024, the convergence of favorable cyclical themes, such as the reversal of interest rate policies, and new structural shifts driven by AI technology advancement, propelled some major stock markets to new peaks. This optimism ignited a powerful revival in the global IPO market. The Americas ...
CJ Logistics took a significant step into the Indian logistics market in 2017 when it acquired a 50% stake in Indian Entity Darcl Logistics Limited and consequently name changed to CJ Darcl Logistics Limited. As ofMarch 31, 2023, CJ Darcl has 187 branches acrossIndia, providing comprehensive ...