Misho will bring IPO, will raise Rs 4,250 crore from the market, know how long IPO is expected to come?

0


Photo: File IPO

Softbank supported misho Has got the approval of shareholders to raise up to Rs 4,250 crore through the initial public issue (IPO). The e-commerce company reported to the stock market that the proposal for the IPO was passed on 25 June at the extraordinary general meeting (EGM). According to the information, the shareholders have issued new shares to raise up to Rs 4,250 crore.

This approval has been received by Misho after changing its headquarters from America to India. The shareholders also approved the proposal to appoint the post of Misho’s co-founder and Chief Executive Officer (CEO) Vidit Atre to appoint him the chairman and managing director (CMD) of the company. Sources say that the company can file a draft paper near SEBI in the second half of 2025. At the same time, IPO listings are expected to be in the beginning of 2026.

Junipar Green Energy filed draft paper

Renewable energy company Junipar Green Energy has filed initial letters with capital market regulator SEBI to raise Rs 3,000 crore through an early public offering (IPO). According to the draft Red Herring Prospectus (DRHP) filed on Friday, the IPO is a fresh issue of equity shares up to Rs 3,000 crore completely. There is no sale offer (OFS). The company is planning to raise around Rs 600 crore before the IPO. If this happens, the size of the new issue will be reduced accordingly. The amount received from the new issue will be used for repayment, investing and general corporate purposes.

Razon Solar will raise 1,500 crore

Gujarat -based Razon Solar has filed a details book with the capital market regulator SEBI to raise Rs 1,500 crore through the initial public offering (IPO). The IPO is completely a new issue of up to Rs 1,500 crore, with no sales offering (OFS). According to the details book (DRHP) filed on Wednesday, the offer includes the rebate of the eligible persons in the employee reservation part and membership reservation. Also, the company is thinking of raising around Rs 300 crore in the IPO-East round.

Latest business news



Leave A Reply

Your email address will not be published.