The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data. The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday (September 10, 2025) and later ended the day with…
SEBI has removed the status of WeWork India’s IPO papers from abeyance. SEBI clears 5 IPOs Capital market regulator Sebi has approved IPOs of five companies – Veeda Clinical Research, Shringar House of Mangalsutra, Rite Water Solutions India, Seedworks International, and LCC Projects. As per the latest processing status of draft offer documents, the regulator…
Online food delivery by Zomato and Swiggy is a decade-old story, and now offers stable take rate, with 5 per cent adjusted Ebitda targeted in the near-term. Rapido’s entry into the food delivery space, cross-utilising its 40 lakh rider network to best-use idle slots, at virtually zero incremental capex, is seen as threat to…
Among important changes, SEBI has enhanced the Index Options position limit to Rs 10,000 crore from the earlier proposed limit of Rs 1,500 crore while net end-of-the-day limit has been enhanced to Rs 1,500 crore from the earlier proposed Rs 500 crore. Also, intra-day limits have been removed. The new Net end of day limit…