BANKING & FINANCE
Manipal Health Enterprises Redeems ₹5,310 Cr NCDs Using IPO Proceeds
Manipal Health Enterprises Ltd (Manipal Hospitals) has fully redeemed non-convertible debentures (NCDs) with a nominal value of ₹5,310 crore issued by its wholly owned subsidiary, Manipal Hospitals Private Ltd. The redemption was undertaken using the relevant portion of the IPO proceeds, in accordance with the objects of the Initial Public Offering disclosed in the prospectus […]
CW Bureau
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Sep 18, 2026
BANKING & FINANCE
Hero Motors Raises ₹300 Cr From Anchor Investors Ahead Of IPO
Hero Motors Ltd has raised ₹300 crore from anchor investors ahead of its initial public offering (IPO), which opens for public subscription on September 16. The company informed the stock exchanges that it allocated 3,57,14,284 equity shares at ₹84 per share to anchor investors. Domestic institutions participate The anchor book saw participation from institutions including […]
CW Bureau
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Sep 16, 2026
GENERAL
Hero Motors Fixes IPO Price Band At ₹79-84, Issue Opens On Sep 16
Hero Motors Ltd has fixed the price band for its maiden initial public offering (IPO) at ₹79-84 per equity share of face value ₹10. The issue will open for subscription on September 16 and close on September 18. Investors can bid for a minimum of 178 equity shares and in multiples of 178 shares thereafter. […]
CW Bureau
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Sep 10, 2026
STARTUP/TECHNOLOGY
Garuda Aerospace Trains 12 Women Under Drone Didi Initiative In Goa
Drone technology company Garuda Aerospace has trained 12 women in Goa under its ‘Drone Didi’ initiative as part of a three-year plan to create 300 certified women drone pilots. The IPO-bound company aims to train 100 women every financial year in Goa in partnership with Goa Information Technology Development Corporation and the Department of Information […]
CW Bureau
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Aug 17, 2026
AUTO
Greaves Electric Mobility Secures ₹530 Cr From Existing Shareholders
Greaves Electric Mobility Ltd (GEML), the electric mobility arm of Greaves Cotton Ltd, has raised ₹530 crore through a fully subscribed rights issue, with existing shareholders—including Greaves Cotton Ltd (GCL) and Abdul Latif Jameel Green Mobility Solutions (ALJ)—participating in proportion to their shareholding. The fresh capital will be used to accelerate the company’s next phase […]
CW Bureau
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Aug 3, 2026
STARTUP/TECHNOLOGY
Why PhonePe IPO Is Poised To Redefine the Public Markets
India’s digital payments leader PhonePe is preparing for one of the most closely watched IPOs in the country’s startup ecosystem, a move that could set the tone for how fintech companies are valued in public markets. With market dominance in UPI, improving profitability metrics and a clear shift beyond payments, PhonePe’s IPO story is no […]
CW Bureau
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Jan 27, 2026
