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MICROMAX IPO
Ixigo’s stellar stock market debut: Here’s what venture funds Elevation, Peak XV made on their investmentsLe Travenues Technology, which operates the travel platform Ixigo, made a stellar debut on Dalal Street on Monday with a premium of 48.5%. ...
Ixigo opens at 48% premium over issue price, hits upper circuit: Key things to knowIxigo stock hit upper circuit on the day of its debut at 11.41 am. The IPO of Le Travenues Technologies, which operates the travel platform...
Ixigo IPO subscribed over 98 times on last dayLe Travenues Technology, the parent company of Ixigo, had a highly successful IPO, with bids exceeding 98 times the shares on offer.
Retail buyers oversubscribe Ixigo IPO within hours on debutRetail investors bid for 17.6 million shares compared to the 7.9 million shares available, as of 11:42 AM on Monday, BSE data showed. The n...
Ixigo closes pre-IPO secondary sale at Rs 176 croreNew investors Ashoka India Equity Investment Trust, Tata Mutual Fund, Bay Capital, and Steadview Capital, have acquired these shares. Durin...
Ixigo parent gets Sebi approval for Rs 1,600-crore IPOLe Travenues Technology Ltd., which operates travel platform Ixigo, has received approval of Securities and Exchange Board of India to rais...
Ixigo, Sahajanand Medical Tech, Keventer Agro get Sebi's go-ahead to float IPOsThese three companies, which filed their preliminary IPO papers with Sebi between August and September, obtained observation letter from th...
Former Micromax chairman Sanjay Kapoor threatens to drag company to court over exitKapoor did not jump from Micromax, but was pushed out of the chairman’s post amid allegations by the company he misappropriated fuel bills.
‘Differences of opinion, style of functioning led to Micromax Informatics chairman Sanjay Kapoor’s exit from Micromax’The disagreements between the founders and Kapoor also led to delays in taking decisions, Vikas Jain, cofounder of Micromax, told ET, confi...
Sanjay Kapoor steps down as chairman of Micromax; differences with promoters possible reasonSanjay Kapoor is stepping down as chairman of Micromax, a little over a year after joining the country's No. 2 handset maker.
Chinese come calling: At $5 bn valuation, Alipay to buy 25% stake in MicromaxThe move is a big push for Micromax, valuing India’s No. 2 handset maker at around $4-5 billion (approximately Rs 24,000-30,000 crore).
Micromax looks for strategic investors to diversify portfolioWhen contacted, a Micromax spokesperson said: "As a company policy, we do not comment on any market speculation."
Micromax, valued at Rs 21,000 crore, reaches out to Alibaba, Softbank as promoters mull exitThe promoters of the company are equally open to an outright sale of the business right now, provided valuation expectations are met.
Micromax Informatics soon to dial Dalal Street for Rs 3,100-crore IPOFounded in 2000, Micromax started making phones in 2008 and now expects a revenue of about $2 billion in FY15, nearly twice that of the pre...
Micromax Managing Director Rajesh Agarwal resignsMicromax Informatics Managing Director Rajesh Agarwal resigned on Thursday in an attempt to distance himself from the company.
Micromax launches LED TV starting @ Rs 15,990India's third largest handset maker on Tuesday announced the launch of a range of LED televisions, home theatres, 3D Blu-Ray player and And...
- Micromax withdraws IPO on weak market conditions
Micromax Informatics, has withdrawn its Rs 426 crore initial public offering due to volatile market conditions, the company said.
- Micromax gets SEBI approval for IPO
The company will be offering 2.15 crore shares and it may consider a discount of 10 per cent on the IPO issue price for retail investors.
- Micromax hopes to hit market soon with IPO
India's biggest domestic mobile handset seller Micromax Informatics said Wednesday it aims to launch an initial public offer (IPO) once it ...
- Micromax goes public, plans to raise 426 crore
Domestic handset maker Micromax Informatics plans to raise a little over 426 crore from the capital market with a public issue of 2.15 cror...