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No gain, only pain: With average return of -5.1% this year, war fears could further sink India’s IPO market
Indian IPOs are facing tough times this year. Most new listings are not performing well, with many trading below their issue price. This is due to a shaky stock market and global worries. Investors are cautious, preferring to wait for stability. Companies are delaying their IPO plans. The situation could improve when market conditions stabilize and global events become clearer.
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Fintech unicorn Moneyview files DRHP with SEBI for Rs 1,500 crore IPO
Fintech unicorn Moneyview Limited has filed its DRHP with SEBI for an IPO, aiming to raise capital through a fresh issue and an Offer for Sale. The company, a credit-led digital financial services platform targeting "Middle India," reported strong growth and profitability, with significant AUM and a user base of over 125 million.
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Walmart-backed PhonePe targets up to $10.5 billion valuation in Indian IPO: Report
Walmart-backed PhonePe aims for a $9 billion to $10.5 billion IPO, potentially raising up to $1.05 billion. This valuation marks a decrease from its last private funding round. The fintech giant, facing competition and a low-margin payments landscape, seeks to complete its listing by April, though market conditions could influence the timeline.
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Sedemac Mechatronics IPO: Check brokerages review, GMP, subscription status and other details
Sedemac Mechatronics' IPO has launched with a discount in the grey market. The company manufactures electronic control units for mobility and industrial uses. Its revenue and profits have grown significantly. However, the issue faces scrutiny over high valuations and customer concentration.
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Will Sedemac’s IPO deliver long term growth for high-risk investors?
Auto components firm Sedemac Mechatronics is set to raise ₹1,087.5 crore via an offer for sale, with its promoter stake slightly decreasing. The company, specializing in electronic control units, has shown strong revenue and profit growth. However, significant customer concentration, with nearly 75% of revenue from TVS Motor Company, presents a key risk for investors.
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Bagmane REIT is said to seek $3.9 billion valuation in India IPO
IDiscussions are ongoing and details such as the size and timing of the share sale could change, the people said. A spokesperson for Bagmane REIT didn’t respond to a request for comment.
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