Rajesh Mascarenhas @rajeshmusk
Journalist at Bloomberg | Ex-ET, CRISIL| Tracking capital markets | Advocate for free speech | Views my own | RT is not an endorsement. bloomberg.com Mumbai, India Joined August 2013-
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KKR & Co.-backed Advanta Enterprises has hired four banks – Axis, Morgan Stanley, JM Financial, and JP Morgan - to arrange an initial public offering of the Indian seeds producer, which could raise $500 million. #ECM #IPOs bloomberg.com/news/articles/…
LG Electronics India has received approval from Sebi for its updated draft red herring prospectus. The much-awaited ₹11,500 crore initial public offering is slated to launch in the week beginning October 6, making it the third billion-dollar IPO in India this year after HDB…
Softbank backed-Oravel Stays Ltd., company that operates Oyo Hotels, has hired four banks – Axis, ICICI, Goldman Sachs and Citi - to arrange an initial public offering that may fetch as much as $800 million in Mumbai. It’s likely to file a draft prospectus later this year and may…
The Bain Capital-backed Dhoot Transmission has appointed four banks -- Kotak, Axis, Jefferies and Nomura - for its proposed $250 million IPO. bloomberg.com/news/articles/…
ICICI Prudential AMC, India’s second-largest asset manager, has begun investor roadshows ahead of its planned $1.1 billion IPO, Backed by the UK’s Prudential Plc and India’s ICICI Bank Ltd., the firm is targeting a late October launch for the first-time share sale.…
SBI Mutual Fund and Citadel Securities were among the buyers of Adani Power Ltd.’s shares sold by GQG Partners LLC in a $250 million deal last week. bloomberg.com/news/articles/…
Pine Labs, a digital payments provider in India, plans to raise as much as $700 million from an initial public offering in the second half of October. #ipoalert bloomberg.com/news/articles/…
Four of India’s biggest online used-car platforms—CARS24, CarDekho, Spinny and Droom—are preparing for potential stock listings that could collectively raise more than $1 billion over the next 12 to 18 months. The startups are also evaluating restructuring measures to get…
Incredible drone display of Michelangelo's Pieta above St. Peter's Basilica at the Vatican tonight The brother of @elonmusk, Kimbal Musk, was the brains behind the incredible display 📸 @JamesAALongman
Groww is preparing to make public filing in few days for a $650 - $800 million IPO. The deal size could revised if the market regulator approves lowering the minimum public float for large listings. Current rules require at least 10%, but the proposal would let companies with a…
Condition of ₹250 Crore Palava Flyover, within 2 months after opening. Imagine the level of Corruption 😭
Tata Capital is set to launch India’s largest IPO of the year in the first half of October, after seeking a brief extension from the Reserve Bank of India on its launch timeline. The company is expected to conclude roadshows this week and file a revised draft red herring…
Brookfield-backed Avaada Group is considering an IPO of its solar cell unit, Avaada Electro, in a deal that could raise up to $1 billion. The company has appointed Axis, HSBC, ICICI, and BofA to manage the potential share sale. bloomberg.com/news/articles/…
India’s once-burgeoning pipeline for new stock sales by shadow banks is stalling as strains across the sector prompt lenders to scrap or delay listings. bloomberg.com/news/articles/…
Ambani Says Reliance Jio IPO Planned for First Half of 2026. Reliance Industries Ltd. is preparing to list its telecom arm, Reliance Jio, in what could be India’s biggest IPO. The share sale is targeted for the first half of 2026.

Varinder Bansal 🇮�... @varinder_bansal
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