IPO
-
Franchise India Bureau Apr 17 2018 - 1 min readPathology chain operator Metropolis Healthcare Ltd is eyeing to raise around Rs 1,500 crore ($230 million) through an initial share sale. Ameera Shah, managing director and CEO of Metropolis Healthcare said the IPO will likely include a partial stake sale by the Shah family, besides fresh equity. The proceeds ...
-
Franchise India Bureau Sep 29 2017 - 2 min readNew Delhi-headquartered education services company, CL Educate Ltd, is seeking a valuation of Rs 708.84 crore ($107.11 million) through an initial public offering that opens next week.The IPO will begin on 20 March and close on 22 March. The anchor book will open one business day prior to the date of opening of the public ...
-
Franchise India Bureau Sep 29 2017 - 2 min readNew Delhi-headquartered education services company, CL Educate Ltd has raised Rs 71.68 crore ($10.95 million) through sale of shares via anchor allotment ahead of its three-day initial public offering (IPO).CL Educate, best known for its test prep brand Career Launcher, allotted nearly 1.43 million shares to nine institutional investors at Rs 502 per share, the ...
-
Franchise India Bureau Sep 29 2017 - 1 min readHomegrown beauty and wellness company, VLCC is planning its IPO by the fourth quarter of the current fiscal.Vandana Luthra, Founder, VLCC, said, "Our IPO should have been completed but due to demonitisation our merchant bankers advised us to wait. Now, we are going to file fresh DRHP with the regulator soon. We hope to come ...