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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Behind the fintech firm’s much-reduced second offer is an insistence ‘to do things the right way’ driven by its oldest and largest institutional investor.
MobiKwik is taking a shot at the bourses again. Earlier this month, the Gurugram-based digital payments company refiled its draft red herring prospectus to raise Rs 700 crore, slashing the issue size by more than half of what it had sought to raise in 2021.
First, some background. The plans of raising Rs 1,900 crore through an initial public offering were shelved in 2022 primarily for two reasons. One, rival Paytm had seen its stock tank after it went public in November 2021. And two, MobiKwik was facing regulatory heat (more on this later). At the time, we had reported …
The kingdom is moving to tighten the rules around public listings, algorithmic trading, trading in foreign securities and company disclosures—all in an effort to chase transparency.
As the smart fan maker gears up for an IPO, prospective investors could do with some clarity on what the company’s next phase of growth will look like.
The stock market regulator is investigating a string of disappointing public listings. The idea is to send a message.
