Commerce, which operates Nykaa, said on Wednesday that it received bids for 40 times the number of shares it plans to sell to anchor investors in its IPO. Nykaa was founded by former investment banker ... ( read original story ...)
Chipmaker GlobalFoundries prices IPO at upper end to raise US$2.6 billion
Chipmaker GlobalFoundries Inc said on Wednesday it sold shares in its initial public offering (IPO) at US$47 a piece, at the higher end of its targeted price range, to raise about US$2.6 billion. The ... ( read original story ...)
Nykaa raises Rs 2,396 cr from anchor investors ahead of IPO
The company has decided to allocate a total of 21,296,397 equity shares to anchor investors at Rs 1,125 a share, aggregating to Rs 2,395.84 crore, according to a circular uploaded on the BSE website. ( read original story ...)
Paytm parent firm to price IPO at Rs 18,300 crore, reveals RHP
Paytm's IPO will be the largest market debut in India yet. It increased its IPO issue size from the earlier Rs 16,600 crore due to increased investor demand ... ( read original story ...)
Nykaa raises Rs 2,395.84 cr in anchor book allocation ahead of IPO
Beauty startup Nykaa has raised Rs 2,395.84 crore in its anchor book allocation from 174 investors ahead of its initial public offering (IPO). The firm allocated 21,296,397 shares at the upper price ... ( read original story ...)
Singapore Bank DBS Joins Hedera Hashgraph Governing Council, Enterprise Blockchain May Be Used to Improve Banking
Hedera Hashgraph reports that DBS, an international bank based in Singapore, has joined its Governing Council. This is the first Asian bank to join Hedera on its mission to expand the utilization of ... ( read original story ...)
Singapore to find ‘role’ for stablecoins in future finance
Tharman Shanmugaratnam, the chairman of the Monetary Authority of Singapore commented that there could be “a role” for stablecoins in future finance “that extends beyond pure speculation and illicit ... ( read original story ...)
Asset manager Tikehau files for Singapore Spac
European asset manager Tikehau Capital is planning to list a special purpose acquisition company (Spac) in Singapore. Tikehau has filed paperwork confidentially with the Singapore Exchange to float a ... ( read original story ...)
Fertiglobe Surges 20% in Abu Dhabi Debut After $795 Million IPO
Fertiglobe Holdings, the fertilizer maker backed by U.S. hedge fund investor Jeff Ubben and a Singapore wealth fund, jumped 20% on its trading debut following a $795 million initial public offering. ( read original story ...)
Paytm Increases IPO Size To INR 18,300 Cr, Offer Opens On November 8
The Delhi NCR based fintech startup has increased its offer size to INR 18,300 Cr, from its initial offer of INR 16,600 Cr, the fintech giant said in its red herring prospectus (RHP) ... ( read original story ...)
CPPIB, GIC, Blackrock pick up shares in Nykaa IPO anchor book
MUMBAI: Major global institutional investors including Canada’s largest pension fund manager CPPIB and Singapore’s sovereign wealth fund GIC have picked up a large chunk of shares in the anchor book ... ( read original story ...)
GlobalFoundries IPO: Everything you need to know about GlobalFoundries
Discover everything you need to know about the GlobalFoundries IPO, from the history of the company to its business strategy and valuation. ( read original story ...)
As Citi India seeks a buyer for its retail assets, employees look for safer pastures
A number of employees in the mid- and senior-management levels are on the lookout for job opportunities ; many senior executives have already left, people with knowledge of the matter said. ( read original story ...)
Singapore sees place for cryptocurrencies such as Stablecoins, minister says
Cryptocurrencies have a place in Singapore ’s financial sector if these digital assets are regulated, according to the chairman of the nation’s central bank. “There may be a role for crypto in future ... ( read original story ...)
S’pore woman jailed over role in ruse that duped DBS Bank into disbursing $1.89m
Five other people had earlier been sent to jail over their roles in the DBS Cashline fraud.. Read more at straitstimes.com. ( read original story ...)
Singapore minister sees a place for crypto in Asia finance hub
Cryptocurrencies have a place in Singapore’s financial sector if these digital assets are regulated, according to the chairman of the nation’s central bank. ( read original story ...)