IPO-bound Ola Electric slashes valuation to $4 billion

IPO-bound Ola Electric slashes valuation to  billion

Mumbai: Ola Electric’s public offer will open for subscription on Friday with a price band of ₹72-76 per share, valuing the company at $4 billion ( ₹33,522 crore) at the upper end, a sharp discount to the $5.4 billion valuation it commanded in its last private funding round in September. Mumbai: Ola Electric’s public offer …

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IPO Analysis: BLS E-Services Ltd

IPO Analysis: BLS E-Services Ltd

IPO Rating: Apply for the long-term About the Issue:   BLS E-Services Ltd serves as a technology-enabled digital service provider, offering three key services including business correspondent services to leading banks in …

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India gets 2nd unicorn of 2023 as InCred raises ₹500 crore

India gets 2nd unicorn of 2023 as InCred raises ₹500 crore

New Delhi: InCred has struck a valuation of over 1 billion dollars becoming the latest unicorn of the country. The feat came after it raised $60 million at a valuation of 1.04 billion dollars. It is the second unicorn of the year after Zepto. InCred(File) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} The 60 million dollar (around ₹500 …

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IPO Analysis: Happy Forgings Limited

IPO Analysis: Happy Forgings Limited

IPO Rating: Apply for the long-term About the Issue:  The company holds a prominent position in India’s domestic crankshaft manufacturing sector, offering a range of products such as crankshafts, front axle beams, …

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Mcap: Top four firms’ valuations up by ₹65,671.35 crore, Reliance Industries biggest gainer

Mcap: Top four firms’ valuations up by ₹65,671.35 crore, Reliance Industries biggest gainer

Reliance Industries (RIL) maintained its position as the most-valued firm, followed by Tata Consultancy Services (TCS), HDFC Bank, ICICI Bank, Infosys, Hindustan Unilever (HUL), Bharti Airtel, ITC, State Bank of India (SBI), and Bajaj Finance. Also Read | IREDA IPO: Check today’s GMP, allotment status, listing date, and other details Gainers and Losers RIL took …

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Multibagger: Agri products stock launches new product line as packaged food market to achieve $86bn valuation

Multibagger: Agri products stock launches new product line as packaged food market to achieve bn valuation

Image Source : PEXELS Women working in rice field The Indian food and beverage packaging industry, which is growing by 14.8 per cent annually is expected to reach USD 86 billion in 2029, thanks to rapid urbanisation, rising disposable incomes, and evolving consumption patterns, according to All India Food Processors Association. Looking to cash in …

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