LG Electronics may boost its Indian unit’s valuation to $15 billion for a Mumbai IPO in 2025. The roadshow will begin within two months. The company initially targeted a $13 billion valuation. LG may raise $1 billion to $1.5 billion.…
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India’s November merchandise trade deficit soared to a record $37.8 bn due to surging gold imports and contracting exports. While petroleum product price drops impacted exports, non-petroleum and service exports showed growth. Officials remain optimistic about reaching the $800 bn…
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Those launching public issues this week include DAM Capital Advisors, Ventive Hospitality, Carraro India, Senores Pharmaceuticals, Transrail Lighting, Concord Enviro Systems, Sanathan Textiles and Mamata Machinery. Inventurus Knowledge Solutions closed on Monday and International Gemological Institute will end on Tuesday,…
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Jain, who also served as the Chief Financial Officer of Hyperpure by Zomato, is stepping down to explore opportunities outside the organisation with 31st of January, 2025 being her last working day. Zomato has not yet disclosed plans for Jain’s…
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Laxmi Dental Ltd has received approval from Sebi for its IPO, comprising a fresh issue of ₹150 crore and an OFS of 1.28 crore shares. Proceeds will fund subsidiary investments, machinery purchases, debt repayment, and general corporate purposes. A pre-IPO…
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The IPO will comprise a fresh issue of shares worth ₹500 crore (face value ₹2) and an OFS of 84 lakh shares, as per the DRHP. The OFS includes 80 lakh shares by Gopal Rajaram Kabra and 4 lakh by…
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