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MEESHO NOMURA REPORT
Meesho shares can fall 28%, warns Nomura after initiating coverage with Reduce call. Here is whyShares of Meesho dropped up to 5% to Rs 221 after Nomura initiated coverage with a Reduce rating and a Rs 167 target price, citing a 28% do...- War singes ecommerce, quick commerce supply chains as input costs riseThe first signs of stress, according to industry executives, are visible in packaging costs and inventory movement and fulfilment cycles, p...
- Boat IPO size reduced to Rs 1,500 crore from Rs 2,000 croreThe company reduced the size of fresh issue to Rs 500 crore from Rs 900 crore, the document showed. Existing shareholders will sell shares ...
- Wakefit files DRHP for IPO; to raise Rs 468 crore via fresh issueWakefit's investors, including founders Chaitanya Ramalingegowda and Ankit Garg, will sell a total of 58.4 million shares via the offer-for...
- SoftBank changes India gears; Meesho’s homecomingHappy Tuesday! SoftBank is looking to acquire IT-enabled services firms in India. This and more in today’s ETtech Morning Dispatch.
- Capillary Technologies files IPO papers; aims to raise Rs 430 crore via fresh issueCapillary Technologies India has filed for an IPO comprising a Rs 430 crore fresh issue and an OFS of 1.83 crore shares. Funds will support...
- Oyo’s IPO filing; Facebook official grilled in US senateOyo Hotels & Homes, India’s third-highest-valued private startup, has filed its draft IPO papers with the capital markets regulator. It see...
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