Lava Worldwide information draft papers for its IPO

Lava Worldwide information draft papers for its IPO

[ad_1] NEW DELHI: Homegrown electronics firm Lava Worldwide filed the draft crimson herring prospectus for its deliberate preliminary public supply (IPO) with Sebi. The corporate plans to boost Rs 500 crore from the first market. Together with that, its shareholders may also promote a complete of 43,727,603 shares in the course of the IPO. The … Read more

As much as 20-25% secondary dilution anticipated in Oyo’s impending $ 1 bn IPO

As much as 20-25% secondary dilution anticipated in Oyo's impending $ 1 bn IPO

[ad_1] New Delhi: As much as 20-25 per cent secondary dilution is predicted in Oyo‘s impending $ 1 billion IPO, folks aware of the matter mentioned. Present buyers reminiscent of Airbnb and Greenoaks Capital are unlikely to divest their stakes moreover founder Ritesh Agarwal, they added. “Ritesh holds roughly 33 per cent stake and wouldn’t … Read more