Year-ender 2024: Five big bangs that shook the corporate world in 2024Corporate Year Ender: 2024 was a transformative year for corporate India, marked by significant mergers, record-breaking IPOs, regulatory a...
Listed parents to flex arms on IPO Street in 2025Subsidiary public issues enable independent capital raising, benchmark readiness and cash generation for parents via offers for sale, aidin...
Bain Capital goes for gold: in talks with Manappuram to buy controlling stakeProposal includes primary infusion into the shadow bank, secondary share sale by promoters, open offer; Founder Nandakumar denies any sello...
Expect 20% EPS downgrade for Manappuram as Asirvad woes deepen: Shweta DaptardarSo, the whole sector is reeling under pressure and so both on the microfinance side and I believe Manappuram will also have certain setback...
Sebi ready with speed gun on IPO StreetSebi has prolonged IPO approval to 125 days, affecting 44 IPOs such as Go Digit, Ebix Cash, Asirvad Micro Finance, Waaree Energies, and One...
Hyundai India to Ola Electric: Over Rs 50,000 crore worth planned IPOs likely in next few monthsSome of the expected IPOs in the next few months include that of Ola Electric, FirstCry, Fincare SFB, NSDL, Afcons Infrastructure, Waaree E...
IPO season is back with more than 2 dozen companies chasing Rs 30,000 croreIndia's primary market anticipates a wave of IPOs with over two dozen companies planning to raise ₹30,000 crore. Investor confidence is hig...
Muthoot Finance and Manappuram Finance shares tank up to 9% after RBI advisoryMuthoot Finance and Manappuram Finance shares dropped 8-9% on BSE following an RBI advisory on cash disbursal of loans. The RBI instructed ...
Manappuram Finance shares rally 5% on Sebi nod to IPO of subsidiary Asirvad Micro FinanceManappuram Finance shares surged 5.4% to a 52-week high of Rs 207.30 following news of subsidiary Asirvad Micro Finance receiving Sebi appr...
Manappuram tanks on Sebi hold on Arm's IPOThe Securities and Exchange Board of India said in a report published on January 5, it had put Asirvad's issue 'Under Abeyance'. Manappuram...
Sebi puts Manappuram Finance's arm Asirvad Micro Finance IPO on holdJan 10 Capital markets regulator Sebi has kept in "abeyance" the proposed Rs 1,500 crore Initial Public Offering (IPO) of Asirvad Micro Fin...
Sebi puts Malappuram Finance's arm Asirvad Micro Finance IPO on holdJan 10 Capital markets regulator Sebi has kept in "abeyance" the proposed Rs 1,500 crore Initial Public Offering (IPO) of Asirvad Micro Fin...
Manappuram Finance shares plunge over 7% as SEBI puts Asirvad IPO on holdThe delay in the IPO represents a blow to Manappuram Finance, which had raised its stake in Ashirwad Microfinance in June 2022, acquiring a...
Manappuram Finance expects gold loan AUM to grow 10% annually: MD“There are many players in gold loans but we are in the small ticket size segment. The average ticket size is around Rs 50,000 and these ar...
Manappuram aims to de-risk cyclicality and allocation stress with microfin arm listingThe separation of microfinance from the parent will mean that the company will take at least five years to get to its aspired 50:50 mix of ...
Manappuram Finance arm Asirvad Micro Finance files draft papers for Rs 1,500 crore-IPOThe company, in consultation with the lead bankers to the issue, may consider a pre-IPO placement of up to Rs 300 crore and if such fundrai...
Muthoot Microfin raises Rs 562 crore via securitisationWith this, the total amount raised through securitisation by the IPO-bound Muthoot Microfin has crossed Rs 1,300 crore during the first nin...