India was always known for its great hospitality and cuisine, but never really for its hotels, at latest not in the budget segment. Eight years ago, a startup disrupted and effectively transformed the face of the Indian hotel landscape, thou

Indian software-as-a-service company Freshworks Inc made a spectacular debut on the Nasdaq stock market in the US with its shares clocking a gain of 32% on the first day of trading. The company’s shares listed at $43.5 apiece, up almost 21% from

Data Patterns (India) Ltd, a Chennai-based supplier of electronic systems to defence and aerospace sectors, has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public off

Real estate developer Puranik Builders Ltd has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of shares worth R

The initial public offering (IPO) of Paras Defence and Space Technologies Ltd made a strong start on Tuesday with the issue getting subscribed more than eight times within the first three hours. The offering of 71.4 lakh shares, excluding anchor a

Paras Defence and Space Technologies Ltd will launch its initial public offering (IPO) next week, seeking to benefit from bullish sentiment that has pushed stock markets to record highs. The defence engineering company’s IPO will open on Septemb

Sansera Engineering Ltd, which makes components for automotive and aerospace companies, received a lukewarm response from retail investors to its initial public offering even though the overall issue sailed through easily. The company’s IPO was

The Narendra Modi government has ambitious plans of raising Rs 1.75 trillion via disinvestment during the current financial year, and is banking on generating a lion’s share of this money from the Life Insurance Corp (LIC) of India. The governme

India1 Payments Ltd has filed its draft red herring prospectus with the Securities and Exchange Board of India to launch its initial public offering (IPO), joining a long list of companies going public amid bullish investor sentiment. The white-la

Two initial public offerings (IPOs) had a contrasting picture on their last day with the share sale of Ami Organics seeing all-round bumper demand while Vijaya Diagnostic managing to sail through thanks to institutional investors. The two issues w