News

Gem Aromatics' IPO of ₹451 crore was oversubscribed 30.45 times, receiving bids for 29.59 crore shares. QIBs subscribed 53 ...
Red Sea Global, the developer behind the regenerative Saudi tourism destinations The Red Sea and Amaala, is considering a range of alternative financing options in the near future, including an ...
Arabian Gulf Business Insight on MSN1h

Dar AlMajed’s retail IPO order book hits $187m

The retail tranche of Dar AlMajed Real Estate Co’s initial public offering was 278 percent oversubscribed, with orders reaching SAR701 million ($187 million). Around 307,000 retail investors ...
The basis of allotment for Patel Retail's IPO will be finalised on August 21, with the stock set to debut on the exchanges on August 26.
Glass fiber reinforced polymer solutions provider ARC Insulation & Insulators' initial public offering received a decent response from investors on August 21, getting fully subscribed on the first day ...
Current Infraprojects plans Rs 42 crore IPO on NSE Emerge for expansion, with strong financials and growth prospects.
Kalpataru Ltd has reduced its net debt by 15% to Rs 7,939 crore following a successful Initial Public Offering. Despite a first-quarter net loss of Rs 49.42 crore, the company's sales bookings surged ...
Vikram Solar IPO closed on August 21 with strong demand, achieving over 54 times subscription. The QIB portion was the highest at 142.79 times. The IPO, priced between ₹315-332, raised ₹2079.37 crore ...
Indian fintech giants such as Paytm, PhonePe and BharatPe dominate the market with payments and lending, but PayNearby takes ...
Indian fintech firm PayNearby plans to launch an initial public offering in the next financial year to fund expansion, its chief executive said on Thursday, making it the latest to target a red-hot ...
John Doran, who led TCV's European investments, has relocated to the Bay Area to bolster the $22 billion growth equity fund’s ...
Alibaba-backed smart cockpit solutions company Banma Network Technology is planning an initial public offering in Hong Kong, adding to the city's busy deal pipeline. Alibaba said Thursday that it ...