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Shiprocket Gets SEBI Nod For Its IPO

India, Nov. 3 -- Delhi NCR-based logistics aggregator Shiprocket has received approval from the Securities and Exchange Board of India (SEBI) to proceed with its initial public offering (IPO). Accord... Read More


TBO Tek Q2: Profit Rises 13% YoY To INR 68 Cr

India, Nov. 3 -- B2B travel tech company TBO Tek reported a 13% increase in its consolidated net profit to INR 67.5 Cr in Q2 FY26 from INR 60.1 Cr in the year-ago period. On a sequential basis, profit... Read More


ixigo Slips Over 5%, Down More Than 20% In 3 Sessions

India, Nov. 3 -- Continuing its losing spree after it reported underwhelming Q2 numbers, shares of travel tech major ixigo fell as much as 5.4% to INR 255.65 during the intraday trading on the BSE tod... Read More


Lenskart IPO: Issue Oversubscribed 1.68X On Day 2 So Far

India, Nov. 3 -- Lenskart's IPO continued to see strong investor interest during the early hours of bidding on the second day. The public issue was subscribed 1.68X as of 13:18 IST, receiving cumulati... Read More


Urban Company Shares Slip Over 6% After Q2 Results

India, Nov. 3 -- Shares of Urban Company dropped over 6% to INR 147.50 during the intraday trading session on the BSE after the company slipped into loss in Q2. The consumer services major, which tur... Read More


FDI In Inventory-Based Ecommerce For Exports: Commerce Ministry Seeks Comments

India, Nov. 3 -- The commerce and industry ministry has reportedly circulated a note on allowing foreign direct investment (FDI) in inventory-based ecommerce models, solely for exports. Citing a gove... Read More


Has boAt Found Its Rhythm Again?

India, Nov. 2 -- When boAt first floated its IPO plans in September 2021, it was aiming to raise close to INR 3,500 Cr. The plan was shelved eventually as market conditions soured. The Aman Gupta-foun... Read More


ixigo Emerges Biggest Loser Amid A Mixed Week For New-Age Tech Stocks

India, Nov. 2 -- It was a mixed week for new-age tech stocks on the bourses, as companies saw stock-specific action amid the ongoing Q2 earnings season. Twenty six out of the 42 new-age tech companies... Read More


Pine Labs IPO To Open On Nov 7, Cuts Issue Size

India, Nov. 1 -- Fintech major Pine Labs has filed its RHP for its initial public offering (IPO) which will comprise a fresh issue of up to INR 2,080 Cr and an offer for sale (OFS) of up to 8.23 Cr sh... Read More


Shadowfax Files Updated DRHP For INR 2,000 Cr IPO

India, Nov. 1 -- Logistics major Shadowfax has filed its updated draft red herring prospectus (UDRHP) with SEBI for its IPO of up to INR 2,000 Cr ($225.3 Mn). The company's public offering will compr... Read More