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...
10 Jun, 2024, 04.31 PM IST
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...
07 Jun, 2024, 07.19 PM IST
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...
20 Dec, 2021, 06.02 PM IST
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...
20 Dec, 2021, 04.16 PM IST
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.
09 Oct, 2015, 04.01 AM IST
‘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...
14 Sep, 2015, 05.16 AM IST
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.
28 Aug, 2015, 01.13 PM IST
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).
27 Apr, 2015, 10.38 AM IST
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."
26 Apr, 2015, 01.21 PM IST
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.
23 Feb, 2015, 11.05 AM IST
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...
03 Jan, 2015, 10.06 PM IST
Micromax Managing Director Rajesh Agarwal resignsMicromax Informatics Managing Director Rajesh Agarwal resigned on Thursday in an attempt to distance himself from the company.
09 Aug, 2013, 05.00 PM IST
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...
10 Oct, 2012, 12.29 AM IST
- 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.
28 Jul, 2011, 03.15 PM IST
- 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.
18 Jan, 2011, 05.17 PM IST
- 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 ...
20 Oct, 2010, 07.39 PM IST
- 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...
05 Oct, 2010, 09.03 AM IST