Tag Archives: IPO

Startups need to think of opting for IPO: Kris Gopalakrishnan

KOCHI: Infosys co-founder and Axilor Ventures Chairman Kris Gopalakrishnan on Friday made a strong case for startups to think of Initial Public Offering (IPO) in order to tackle the fund crunch situation and provide longevity to their fledgling enterprises. “Startups are hesitant to do IPO, which is not difficult. My biggest issue with the startup ecosystem today is that they are not doing an IPO. Let ... Read More »

Xiaomi IPO: Xiaomi’s Weak Hong Kong Debut Casts Shadow on Tech Listings

HIGHLIGHTS Xiaomi Corp’s shares fell as much as 6 percent on debut Xiaomi priced its Hong Kong IPO at HKD 17 per share The Sino-US trade dispute has roiled financial markets Chinese smartphone maker Xiaomi Corp’s shares fell as much as 6 percent on debut in Hong Kong due to valuation concerns, delivering a blow to investor sentiment in the tech sector ... Read More »

Xiaomi IPO: Xiaomi Falls Then Rises in Hong Kong Debut

Xiaomi Corp. shares slipped and then rebounded Monday in the Chinese smartphone maker’s first trading day in Hong Kong following a multibillion-dollar initial public offering. Trading opened at 16.60 HKD ($2.11) per share, below Xiaomi’s offering price of 17 HKD ($2.17). Shares lostabout 4 percent in early trading but rebounded to 17 HKD ($2.17) at midday. Xiaomi, which helped to pioneer the ... Read More »

SenseTime Plans IPO, US R&D Centre as Early as 2018

HIGHLIGHTS SenseTime says it is planning an IPO next year Qualcomm recently invested in the Chinese company SenseTime says its R&D centre will help work with partners Chinese artificial intelligence (AI) startup SenseTime Group, valued at more than $2 billion, is planning an IPO and aims to open a US research and development centre as early as next year, its founder ... Read More »

Gitanjali Gems Soars 10% On Subsidiary’s Rs 650 Crore IPO Plan

New Delhi: Gitanjali Gems shares surged 10 per cent after its subsidiary Nakshatra World notified the decision of raising up to Rs 650 crore through an IPO. On BSE, the stock opened at Rs 65.20 and soared 9.89 per cent to touch an early high of Rs 68.85. “Nakshatra World Ltd, a wholly owned subsidiary of Gitanjali Gems Ltd, has ... Read More »

Quess Corp, India’s Most Successful IPO In 9 Years, Soars 60% In Debut

Quess Corp’s IPO was oversubscribed 145 times, making it the most successful issue in 9 years Quess Corp made a stellar debut in stock markets, with shares in the staffing firm rising over 60 per cent on Tuesday. Quess Corp’s initial public offer (IPO) was oversubscribed 145 times, making it the most successful issue in the past nine years. With ... Read More »

Line to elevate up to $1.05 Billion in twin IPO in Tokyo, the big apple

jap messaging app operator Line Corp on Friday stated it plans to listing stocks really worth as a whole lot as $1.05 billion in Tokyo and the big apple subsequent month, in what might be Japan’s largest initial public offering (IPO) this yr. The Tokyo-situated firm stated it might promote 13 million new stocks in Japan and 22 million shares ... Read More »