Brandman Retail Lists on NSE, Shares Close 5% Above IPO Price
Brandman Retail, operator of the Sneakrz athleisure retail chain, debuted on the NSE at a valuation of ₹324.85 crore, with shares closing at ₹211.80, 4.98% above the IPO price of ₹176. The company raised ₹86 crore from the public issue to fund its expansion to a 50+ store network across India.
Five Indian Companies Secure SEBI Clearance for Upcoming IPOs
Sebi granted observation letters to Duroflex Limited, Premier Industrial Corporation, Virupaksha Organics, Hexagon Nutrition and Om Power Transmission, clearing them to launch their initial public offerings. The firms span manufacturing, pharma, nutrition, power EPC and sleep solutions, with fresh issue...
Goldi Solar Announces $350M IPO Plan
India's solar module maker Goldi Solar Pvt is preparing an initial public offering that could raise up to $350 million. The company has shortlisted advisers and aims to file a draft prospectus by April, with the offering expected to include fresh...
Globe Telecom Sets 6.7631% Dividend for up to P25B Perpetual Preferred Share Offering
Ayala‑led Globe Telecom announced the final dividend rates for its upcoming perpetual preferred share offering, targeting up to P25 billion in proceeds. The base offer comprises 7.5 million non‑voting preferred shares at P2,000 each, with a dividend rate of up to 6.7631%,...