News

Date Heading Details
29-Nov-2021   17:30 Hrs IST VLCC Health Care gets SEBI's go-ahead to raise funds via IPO <p align="justify">VLCC Health Care has received the Securities and Exchange Board of India's (SEBI) approval to float an initial public offering (IPO). The IPO comprises fresh issuance of equity shares worth Rs 300 crore and an offer for sale (OFS) of 89.22 lakh equity shares by promoter and existing shareholders. The equity shares of the company will be listed on BSE and NSE. The company, which filed the draft red herring prospectus with the SEBI in August, got the regulator's approval on November 25, 2021.<br></p><p align="justify">Funds raised through the fresh issuance of shares will be used for setting up VLCC Wellness Clinics in India as well as the Gulf Cooperation Council (GCC) region, and VLCC Institutes in India. Funds raised through the fresh issuance of shares will be used for setting up VLCC Wellness Clinics in India as well as the Gulf Cooperation Council (GCC) region, and VLCC Institutes in India. ICICI Securities, DAM Capital Advisors, IIFL Securities are the merchant bankers to advise the company on the public issue. <br></p><p align="justify">VLCC Health Care operates VLCC branded wellness and beauty clinics and VLCC branded institutes for skill development in beauty and nutrition. It also manufactures and sells VLCC branded personal care products.<br></p>
24-Nov-2021   14:55 Hrs IST Jesons Industries files IPO papers with SEBI <p align="justify">Jesons Industries has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise an estimated Rs 800-900 crore through an initial public offering (IPO). The shares of the company are proposed to be listed on NSE and BSE. <br></p><p align="justify">Proceeds from the fresh issuance of shares will be used to the extent of Rs 90 crore to repay/ prepay in full or part of borrowings, availed by its subsidiary besides general corporate purposes. Axis Capital and JM Financial are the books running lead managers to the issue.<br></p><p align="justify">Jesons Industries is one of the leading manufacturers of specialty coating emulsions (SCE) and water-based pressure-sensitive adhesives (PSA) in tape and label segments. Its products are used in various end-user industries, such as paints, packaging, and chemicals for construction, textiles, leather, carpet, and paper.<br></p>
22-Nov-2021   12:29 Hrs IST Elin Electronics files DRHP with SEBI for Rs 760 crore IPO
19-Nov-2021   11:20 Hrs IST eMudhra files DRHP with SEBI for IPO
16-Nov-2021   17:22 Hrs IST Veranda Learning Solutions files DRHP with SEBI for IPO
12-Nov-2021   12:44 Hrs IST API Holdings files DRHP for Rs 6,250 crore IPO
10-Nov-2021   11:10 Hrs IST Inspira Enterprise gets SEBI's nod to raise Rs 800 crore via IPO
08-Nov-2021   11:48 Hrs IST Delhivery files Rs 7,460 crore IPO papers with SEBI
01-Nov-2021   15:38 Hrs IST Capital Small Finance Bank files DRHP with SEBI to raise funds via IPO
29-Oct-2021   12:46 Hrs IST One97 Communications to come out with Rs 18,300 crore IPO on November 8