PhonePe has initiated the process for a public offering by confidentially filing draft papers with the Securities and Exchange Board of India (SEBI). The company is reportedly looking to raise around Rs120bn ($1.35bn), though the filing does not confirm the final decision to launch an IPO. A spokesperson from PhonePe clarified the nature of the pre-filed Draft Red Herring Prospectus (PDRHP) with SEBI, Bombay Stock Exchange (BSE), and National Stock Exchange (NSE), stated CNBC. The proposed offer-for-sal ...

By Echo Wang NEW YORK (Reuters) -Blackstone is weighing strategic options, including an initial public offering or a sale, for Ancestry.com, the hugely popular platform that helps users trace their genealogical roots, people familiar with the matter said. The buyout firm invited banks to pitch for an IPO of the Lehi, Utah-based company, the people said, asking not to be identified because the information is not public. Requests for proposals were submitted by the banks earlier this week, they added. A p ...

Units of the As at 2:10 p.m. (0610 GMT), the units traded as high as S$0.98 and as low as S$0.955 before last changing hands at S$0.975. The benchmark Straits Times Index was down 0.2%. The IPO follows the July listing of NTT DC REIT, which raised about $773 million, marking Singapore's biggest IPO in four years. Singapore tops Southeast Asia's IPO market so far this year, having raised a total of $1.46 billion IPO proceeds year-to-date, followed by Indonesia at $1.24 billion and Malaysia at $982.7 millio ...

Figma, Circle, and CoreWeave are just a few names to remind investors that the initial public offering (IPO) market is alive and kicking despite the market challenges in 2025. This opens the door into... ...

Zijin Gold International has delayed the closing of its US$3.2 billion initial public offering (IPO) - the second-largest in Hong Kong this year - to Thursday noon, a day later than previously scheduled, because of the impact of Super Typhoon Ragasa. "As there is a tropical cyclone warning signal No 8 or above in force, and due to extreme conditions caused by the bad weather ... the expected timetable of the global offering as set out in the prospectus and the formal notice will be accordingly postponed," ...

The Bain Capital-backed automotive-parts maker is working with The IPO, which is expected to raise about $250 million and take place next year, is likely to include a fresh issue of shares and secondary sales by existing investors at a valuation of as much as $1.5 billion, the people said. Discussions are ongoing and details such as size, timing and valuation may change.A spokesperson for Axis declined to comment, while Dhoot, Bain and the other banks didn’t respond to requests for comment. Bain has a 49% ...

Image credit: Dubai Media Office/Website ALEC Holdings PJSC (under conversion in Dubai, UAE) (“ALEC” or the “Company”), a market-leading diversified engineering and construction group, has officially announced the price range per share and the start of the subscription period for its highly anticipated initial public offering (IPO) on the Dubai Financial Market (DFM).Read: IPO update: ALEC Holdings plans to list on Dubai Financial MarketThis marks a pivotal moment for one of the region’s largest constructi ...

Arjun Sethi says he doesn’t suffer from FOMO. The question of whether Kraken’s co-CEO has a fear of missing out surfaced when DL News breached the topic of a potential public float for the US-based crypto exchange. On paper, it’s about time. After all, the crypto industry has caught the IPO bug in a big way this year. Rival exchanges Bullish and Gemini were listed on the New York Stock Exchange and the Nasdaq this summer, capitalising on sweeping market optimism thanks to the US government’s nouveau pro ...

公司IPO计划 - ICICI Prudential资产管理公司启动投资者路演 为首次公开募股做准备 [1] - 计划通过出售Prudential Plc持有的10%股份募集约11亿美元资金 [1] - 此次IPO将使公司估值达到约110亿美元 [1] 公司背景与行业地位 - 公司为印度第二大资产管理公司 [1] - 由Prudential Plc和ICICI Bank Ltd共同支持 [1]

The bank holding company for Tennessee-based Commercial Bank launched its initial public offering.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.Commercial Bancgroup and some of its shareholders plan to offer a to ...