IPO

Mamaearth parent Honasa’s ₹1,701 crore IPO to launch on October 31

Honasa Consumer Ltd., the parent company of D2C upstart Mamaearth, has officially announced its initial public offering (IPO). The startup is expecting to raise a substantial ₹1,701 crore on the upper-price band of the IPO. It is expecting a rather steep ₹10,424 crore IPO valuation. The IPO is priced in the range of ₹308 to … [Read more…]

Arm valued at $65.24Bn after blockbuster IPO debut, shares soar by 25% before close

Yesterday, SoftBank’s Arm Holdings clocked a blockbuster initial public offering (IPO) – the biggest of the year – by raising nearly $5 billion and setting the tone for a strong comeback of the depressed IPO market. Now, it has made a rather explosive return to the public markets after its shares opened above the IPO … [Read more…]

Arm valued at over $54 billion in this year’s biggest tech IPO, shares priced $51 apiece

British chip design firm Arm has been gearing up to go public for quite some time, and now, the chipmaker has set the stage for one of the most significant initial public offerings (IPOs) of 2023. In a move that marks a resurgence in the tech IPO market, Arm revealed that it has priced its … [Read more…]

British chipmaker ARM files for Nasdaq IPO, expected to be the biggest this year

British chip designer Arm, owned by Japanese behemoth Softbank, has officially filed for its highly-anticipated initial public offering (IPO) on the Nasdaq, setting the stage for what is likely to be the year’s largest IPO so far. This development marks Arm’s return to the public markets after seven years – in 2016, it had been … [Read more…]

Amazon reportedly exploring anchor investor role in Arm’s upcoming IPO

Amazon is reportedly in advanced discussions to become a cornerstone investor in the IPO of SoftBank-owned British chip designer Arm Ltd. The development has been reported by Reuters. Incidentally, Amazon is one of Arm’s largest clients. Neither Amazon nor Arm commented on the matter, but if this development is correct, then Amazon will join several … [Read more…]

Mamaearth parent IPO subscribed by 7.61 times as Day 3 ends

The initial public offering (IPO) of Honasa Consumer, the parent company of Mamaearth, has concluded with a flourish as institutional investors displayed robust enthusiasm on the final day of the offering. The IPO, which had faced a lukewarm response during the first two days, rallied to be oversubscribed, primarily driven by strong participation from institutional … [Read more…]