IPO

RCRS innovations files for IPO, aims to expand battery manufacturing

The proceeds from the IPO are intended for use in meeting working capital requirements and expanding...

auto | 5 months ago

Tata Motors looks to spin off its NBFC arms, merge with IPO-bound Tata Capital

Additionally, it will help Tata Motors deleverage its balance sheet at a time it’s rationalising its...

auto | 5 months ago

Hero Fincorp set to launch IPO for 2W loans and more

"The IPO comprises Equity Shares aggregating up to INR 40,000 million and an Offer for Sale of Equit...

auto | 4 months ago

Ola Electric eyes leaner road to profitability, to cut 400-500 roles

“Inside, they (Ola Electric team) are finalising the list across different teams. Three-four teams h...

auto | 4 months ago

Hyundai Motor gearing up to drive into Indian capital market

After filing the DRHP, the management of Hyundai Motor India is likely to commence investor roadshow...

auto | 4 months ago

Ather Energy converts to public limited company on road to IPO

Meanwhile, the company has seen one of its earliest backers and biggest investors, Flipkart cofounde...

auto | 3 months ago

Ather Energy FY24 loss widens over 22%, revenue stays flat

In May, the firm had raised INR 286 crore (USD 34 million) from its founders and Stride Ventures in ...

auto | 2 months ago

Government incentives, EV mileage perception will be crucial factors for Ola’s future growth

The company is working on developing its own battery chemistry to achieve higher energy density, whi...

auto | 2 months ago

'Opportunistic': Ola Electric CEO Bhavish Aggarwal slams MapMyIndia over lawsuit

Bhavish Aggarwal said that the company would respond (to the lawsuit) at the right time.Days after M...

auto | 2 months ago

Ola Electric raises INR 2,763 crore from marquee anchor investors ahead of IPO

The net proceeds from the public offer will be used for funding working capital requirements, invest...

auto | 2 months ago

Ola Electric IPO subscribed 35% on Day 1

For Ola Electric, the IPO will provide the much-needed impetus to invest in enhancing cell manufactu...

auto | 2 months ago

Ethanol maker TruAlt Bio plans to float INR 1,000 cr IPO

Founded in March 2021 in response to the National Biofuels Policy, TruAlt Bioenergy commenced operat...

auto | 2 months ago

TruAlt Bioenergy files for IPO; aims to raise INR 750 cr via fresh issue

According to the draft red herring prospectus (DRHP), INR 425 crore from the fresh issuance will fun...

auto | 2 months ago

Chauffeur to India Inc, Ecos Offers Growth Ride in Mobility

Ecos (India) Mobility and Hospitality plans to raise ₹601 crore through an offer for sale by promote...

auto | 1 month ago

Ather Energy plans to file for INR 4,000-crore IPO at USD 2 bn valuation

Ather Energy's IPO plans closely track the successful listing of Ola Electric Mobility.Hero MotoCorp...

auto | 1 month ago

Kross raises INR 150 cr from anchor investors ahead of IPO

The issue, with a price band of INR 228-240 per share, will open for public subscription on Septembe...

auto | 1 month ago