SEBI introduces ISD for filing IPO papers in XBRL format

February 16, 2023

New Delhi Sebi on Wednesday introduced the issue summary document for filing papers pertaining to IPO and for farther issue of securities in XBRL format, a move that will help give data to stakeholders in a structured manner. This is part of the capital requests controller’s trouble to make available

SRL Diagnostics kickstarts IPO prep to raise Rs2,000 crore

February 16, 2023

SRL Diagnostics, a subsidiary of listed parent Fortis Healthcare which is backed by Malaysia’s IHH, and its private equity investors, have initiated primary conversations with investment bankers to rope in counsels as the establishment is assessing an IPO via which it may look to raise around Rs2,000 crore, multiple assiduity

Drone maker ideaForge Technology files IPO papers with Sebi

idea forge
February 13, 2023

Drone maker ideaForge Technology has filed primary papers with capital requests controller Sebi to raise finances through an original public immolation (IPO). The public issue comprises fresh issue of equity shares worth Rs 300 crore and an offer for trade (OFS) of 48,69,712 equity shares by one of the promoters

Sebi moots formal bases for stock brokers to curb market abuse

February 8, 2023

requests controller Sebi on Tuesday proposed an institutional medium that will bear stock brokers to put in place systems for discovery and forestallment of request abuse. presently, there are no specific nonsupervisory vittles that cast responsibility on brokers to have a system to help request abuse. In a discussion paper,

Sebi returns Go Digit General insurance IPO papers

go digit
February 8, 2023

requests controller Sebi has returned the primary IPO papers of Go Digit General Insurance Ltd, a establishment backed by Canada- grounded Fairfax Group, and now the company is looking to refile the documents with certain updates. The company had filed the draft red herring prospectus (DRHP) with the Securities and

Shera Energy seeks to raise Rs 35 crore via IPO

February 7, 2023

Shera Energy Limited, engaged in the manufacturing of winding cables and strips from bobby, aluminium and brass, has proposed to open its original Public Offering( IPO) on February 7. The company aims to garner Rs35.20 crore through IPO and shares will be listed on NSE crop platform. The issue size

Sebi proposes measures to curb mis-selling in AIF’s

February 4, 2023

The Securities and Exchange Board of India (Sebi) has proposed measures to check mis-selling in Alternate Investment finances (AIFs) including obligatory immolation of direct plans and preface of trail model for distribution commission. The controller has said that in certain cases the amount of outspoken commissions for AIF distribution freights

Reliance Retail begins accepting digital rupee for deals

Reliance Retail
February 2, 2023

Reliance Retail on Thursday blazoned it has begun accepting retail payments via the Indian government’s Digital Rupee across its stores in the country. Reliance Retail launched the first in- store acceptance of the RBI- created and Blockchain- grounded Central Bank Digital Currency (CBDC) at its epicure food store Freshpik then.

Adani Enterprises withdrawn its FPO will return money

February 2, 2023

Adani Enterprises said on February 1 that it has cancelled its Follow- On Public Offering (FPO) and will return plutocrat to its investors amid ongoing contestation after American short dealer, Hindenburg Research, indicted the company of using duty havens and flagged debt enterprises in a report. “The Board of Directors

Go Digit Insurance to refile draft paper

go digit
February 1, 2023

Digit Insurance will refile papers for its $ 440 million original public immolation (IPO), the company told Reuters on Tuesday, after India’s request controller raised certain compliance issues with hand stock plans in a private letter. It’s the alternate similar reversal for Digit’s listing intentions. The company, last valued at$3.5