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SEBI returns OYO’s draft IPO papers

SEBI returns OYO’s draft IPO papers, Capital markets regulator Sebi has asked Oravel Stays Ltd, the parent company of travel-tech firm OYO, to refile the draft IPO papers with certain updates. The move might delay the Gurugram-based hospitality unicorn’s initial public offering (IPO). Join Our Instagram Channel OYO filed preliminary documents with the Securities and Exchange Board of India (Sebi) in September 2021 for a Rs 8,430 crore IPO. The proposed offering consists of a…

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Rishabh Instrument files draft IPO papers with Sebi to raise funds

Rishabh Instrument files draft IPO papers, Nashik-based Rishabh Instruments Ltd has filed a draft red herring prospectus with the Securities Exchange Board of India to raise funds through initial public offerings. The IPO consists of a fresh issue of Rs 75 crore and an offer-for-sale of up to 9.42 million shares by its existing shareholders and promoters. The OFS comprises up to 2.5 million shares by Asha Narendra Goliya, up to 4 lakh shares by…

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PhonePe completes separation from Flipkart ahead of IPO

PhonePe completes separation from Flipkart ahead of IPO, Walmart-owned e-commerce platform Flipkart and digital payments platform PhonePe, on Friday announced the full ownership separation of PhonePe as the company gears up for initial public offering (IPO). As part of this transaction, existing Flipkart Singapore and PhonePe Singapore shareholders, led by Walmart, have purchased shares directly in PhonePe India. The separation from Flipkart makes PhonePe a fully India-domiciled company, a process that started earlier this year.…

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2000 crore worth of IPOs to hit Dalal Street next week

2000 crore worth of IPOs to hit Dalal Street next week, In December, the fundraising, including the two upcoming IPOs of KFin Technologies and Elin Electronics, will be a little more than Rs 3,800 crore So far, we have seen 36 IPOs this calendar year, raising nearly Rs 62,000 crore. Add the two upcoming IPOs and the total fundraising by main board IPOs would be nearly Rs 64,000 crore. The first IPO for next week…

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Blogs

NAVA HEALTH MD, LLC (NAVA) IPO Overview and Financials

Company Overview Proposed Symbol NAVA Company Name NAVA HEALTH MD, LLC Exchange NASDAQ Capital Share Price $5.00-7.00 Employees 90 (as of 07/31/2022) Status Filed Shares Offered 3022521 Offer amount $23,257,647 Shares Over Alloted 300,000 Company Address 9755 PATUXENT WOODS DRIVE SUITE 100 COLUMBIA MD 21046 Company Phone 4109102770 Company Website www.navacenter.com CEO Bernaldo Dancel State of Inc MD Fiscal Year End 12/31 Total Offering Expense $1,110,212.14 Shareholder Shares Offered 1022521 Shares Outstanding 14,500,000 Lockup Period…

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ParaZero Technologies Ltd. (PRZO) IPO Overview and Financials

Company Overview Proposed Symbol PRZO Company Name ParaZero Technologies Ltd. Exchange NASDAQ Capital Share Price $4.25-6.25 Employees 9 (as of 11/28/2022) Status Filed Shares Offered 1600000 Offer amount $11,500,000 Shares Over Alloted 240,000 Company Address 30 DOV HOZ KIRYAT ONO 5555626 Company Phone 97236885252 Company Website www.parazero.com CEO Boaz Shetzer State of Inc — Fiscal Year End 12/31 Total Offering Expense $950,000.00 Shareholder Shares Offered — Shares Outstanding 5,582,186 Lockup Period (days) 180 Lockup Expiration…

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