Unlisted Shares – Overview

Unlisted shares
January 12, 2022

An unlisted share is a security or financial instrument that’s available for trade on over-the-counter markets and is also known as over-the-counter (OTC) securities. They are usually issued by smaller or new companies which do not comply with the requirements like market capitalization, listing fees, etc. to be list on

Sresta Natural Bioproducts Files Draft Papers With SEBI

January 11, 2022

Organic food company Sresta Natural Bioproducts Ltd has filed preliminary documents with capital markets regulator Sebi to raise Rs 500 crore through an initial share-sale. The initial public offering (IPO) comprises fresh issue of equity shares aggregating up to Rs 50 crore and an offer-for-sale of up to 70,30,962 equity

SEBI Approves Five Star Business Finance IPO

January 11, 2022

Non-banking financial company Five Star Business Finance had received capital markets regulator Sebi’s go-ahead to raise funds through initial share-sales. It had filed their preliminary IPO documents with Sebi in September and obtained its “observations” letter during January 3-7.   The company is backed by bunch of investors like TPG, Matrix Partners, Norwest Ventures, Sequoia

Reliance Retail to Acquire New York’s Luxury Hotel Mandarin Oriental

Reliance Retail
January 10, 2022

Reliance Industries said late Saturday that it has entered a pact to acquire Mandarin Oriental, a premium luxury hotel in New York, for an equity consideration of around $98.15 million. It is a Strategical decision by reliance to diverse its business in hospitality. The company already had investments in EIH (Oberoi Hotels)

Reliance Retail Picks Up 25.8% Stake in Dunzo

Reliance retail deals
January 8, 2022

Reliance Retail has led a $240 million funding round in quick commerce firm Dunzo, according to a statement by the company. Reliance Retail said with an investment of $200 million it will own 25.8% stake in the Bengaluru-based startup. Dunzo’s existing investors Lightbox, Lightrock, 3L Capital and Alteria Capital also