Sign In
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
By signing in or creating an account, you agree with Associated Broadcasting Company's Terms & Conditions and Privacy Policy.
New Delhi: Many big companies in India are preparing to launch their IPO. These companies work in different fields and are raising money to expand their business. In the next few weeks, many well-known companies are expected to enter the primary market. These include companies like Lenskart, Grow and Boat. According to a report by ET, the IPO of these companies is going to come in the next few weeks.
Lenskart, a company that sells glasses, is expected to launch an IPO worth Rs 8,000 million in early November. It has received support from big companies like Temasek and KKR. Lenskart will expand its shops in small towns and strengthen online-offline sales.
Online investment platform company Grow will bring an IPO of Rs 7,000 million in the first week of November. Microsoft CEO Satya Nadella has also invested in this company. Grow has more than 1 crore users.
Pine Labs may bring an IPO of Rs 5,800 crore in November. This company is getting support from Peak XV Partners and Mastercard. This company works with more than 5 million merchants.
India's second largest mutual fund company ICICI Prudential is preparing to launch an IPO worth Rs 10,000 million. In this, UK company Prudential will sell its 10% stake.
Electronics brand Boat will bring an IPO worth Rs 2,000 crore at the end of November. Warburg Pincus and Qualcomm are its supporters. The company will repay the loan with this money and increase its production.
(Disclaimer: This article is only meant to provide information. TV9 does not recommend buying or selling shares or subscriptions of any IPO, Mutual Funds, gold and crypto assets.)
