The weak market debut comes despite the IPO of Shadowfax Technologies closing with 1.68 times subscription during its three days of public bidding between January 20 and January 22.
The report highlights that the discontinuation of PIDF incentives has led to a reduction in adjusted Ebitda estimates and a cut in the price target.
Shadowfax Technologies lists on January 28—watch to see if this hyper-local logistics IPO is your next big investment ...
On BSE, Axis Bank, UltraTech Cement and Adani Ports were top gainers. On the flips side, Kotak Mahindra Bank, Eternal and M&M ...
PhonePe is no longer just India’s UPI giant—it’s becoming a full-stack financial ecosystem. After a string of high-profile ...
The public issue comprises of entirely an offer-for-sale of 5.06 crore equity shares by existing shareholders including ...
This week, 47 Indian startups raised around  $353.81 million, comprising 9 growth-stage and 34 early-stage deals, while 4 ...
BitGo is one of the most closely watched digital asset companies to enter the public markets, and its debut reflects renewed investor interest in the crypto and digital assets sector. For years, ...
PhonePe readies IPO as Paytm reports profit, inside India’s $100B fintech showdown shaping UPI’s next growth phase.
BitGo's NYSE debut as 2026's first crypto IPO signals institutional infrastructure expansion. Here's what the $2.2B listing means for retail investors and the broader market.
An India digital payments company backed by Microsoft and Walmart is gearing up to go public in a test of investors' appetite in the country after a flurry of IPO activity last year. According to a ...
PhonePe's long-awaited prospectus reveals slowing growth and widening losses. That takes the shine off the group's progress in converting some of its 240 mln customers into borrowers. Aiming for a ...