1+ day, 22+ hour ago   (1161+ words) RentoMojo’s blockbuster IPO reflects investor confidence in its asset-heavy rental model, but the bigger test is whether utilisation and redeployment can sustain profitable growth One blockbuster listing after another is keeping India’s startup IPO market buzzing. After Shiprocket’s strong debut…...

3+ day, 1+ hour ago   (496+ words) The proposal could unlock a revenue stream of around ₹5,000-10,000 Cr for payments platforms like the four aforementioned companies, per an earlier research note by Jefferies MDR fees are likely to be set at around 40 bps of the transaction value for…...

4+ day, 4+ hour ago   (538+ words) ESDS Software Solution hit the 10% upper circuit for the fifth consecutive trading session today, with the stock touching ₹1,582.70 on the NSE The rally has taken ESDS nearly 3.7X its ₹429 IPO price within five trading sessions and pushed the stock beyond Choice…...

5+ day, 2+ hour ago   (683+ words) The issue crossed full subscription on Day 1, led by NIIs and retail investors, even as demand from QIBs remained subdued The NII portion was subscribed 2.46X, followed by the employee and retail portions at 1.72X and 1.54X, respectively Update| September 9, 17:00 IST Online furniture…...

5+ day, 3+ hour ago   (534+ words) Riding the bulls since listing last Friday, stock of enterprise cloud and AI company ESDS Software Solution hit an upper circuit of 10% for the fourth consecutive session today, taking the stock to more than three times its IPO issue price....

6+ day, 8+ hour ago   (571+ words) Reliance Jio is targeting September 2027 for the test launch of satellites for its proposed 1,600-satellite LEO constellation. The constellation would give Jio greater control over its satellite broadband infrastructure as competition intensifies among Starlink, Amazon Leo, and Eutelsat OneWeb in…...

6+ day, 23+ hour ago   (99+ words) AVPL International pre-filed DRHP for ₹200 Cr IPO in October last year. Although the SEBI gave its nod to the public listing in January, AVPL is yet to file its updated IPO papers Dronetech startup AVPL International parent AITMC Ventures reported…...

1+ week, 2+ hour ago   (548+ words) Upstox has launched US stock investing on its platform, offering access to more than 8,000 US-listed stocks and over 2,000 ETFs The launch expands Upstox’s wealth management play as leading domestic brokerages prepare to offer international investing through GIFT City Users can…...

1+ week, 9+ hour ago   (118+ words) Purple Style Labs listed at ₹535 on the NSE, a discount of 6.96% to its IPO issue price of ₹575. The weak debut follows muted demand for the loss-making luxury fashion company’s ₹680 Cr IPO, which was subscribed just 1.29X. On the BSE, Purple Style…...

1+ week, 9+ hour ago   (546+ words) Pixxel has raised $100 Mn in a Series C round co-led by Temasek and Seraphim, taking its total funding to $195 Mn. The startup said that the fundraise is the largest single investment round for an Indian spacetech company, surpassing Skyroot’s $60 Mn…...