IPO

  • GoDaddy's IPO to value Web hosting company at $2.87 billion March 19, 2015

    Bengaluru: Web hosting company GoDaddy's initial public offering is expected to be priced between $17 and $19 per share, valuing the company at $2.87 billion at the top end of the range. The offering of 22 million class A shares is expected to raise up to $418 million, the company said...
  • India plans new rules to lure start-ups: sources March 19, 2015

    Mumbai: The Securities and Exchange Board of India (SEBI) is planning rule changes that will make it easier for homegrown start-ups to list their shares on local bourses, sources involved in the process said, helping domestic investors to bet on the country's booming online economy. While many of India's largest online...
  • Handmade goods website operator Etsy files for IPO with US regulators March 5, 2015

    New York Etsy, which operates a website that sells handmade goods and craft supplies, filed with US regulators on Wednesday for an initial public offering of common stock. Goldman Sachs & Co, Allen & Co LLC and Morgan Stanley are underwriting the IPO, Brooklyn, New York-based Etsy told the US Securities...
  • Coal India Limited mega share sale sails through; government to get Rs 22600 crore January 30, 2015

    New Delhi: In the biggest ever disinvestment exercise, the government's 10 per cent stake sale in Coal India on Friday got over subscribed by 1.05 times and fetched about Rs 22,600 crore although retail investors did not bid so aggressively. This is also the biggest ever share sale by any private...
  • Online data storage provider Box's shares soar in debut January 24, 2015

    Shares of online data storage provider Box Inc rose as much as 77 per cent in their market debut as investors bet on the company's ability to turn profitable in a highly competitive market, boding well for another big year for IPOs. Box's shares, which priced at $14, hit a high...
  • Micromax plans up to $500 million IPO: Report January 4, 2015

    Mumbai: Micromax Informatics, India's second-largest smartphone maker, plans to raise as much as $500 million through a stock market listing in its financial year beginning in April, the Economic Times newspaper reported on Saturday. Micromax, which entered the Indian handset market in 2008 with cheap large-screen phones, will sell a minority...
  • SEBI bars DLF, its chairman among others from securities markets for 3 years October 13, 2014

    Mumbai: In a set back to the realty gaint DLF, the market regulator SEBI has barred the company and its chairman KP Singh along with vice chairman Rajiv Singh among others from securities markets for next 3 years after finding the company guilty of "active and deliberate suppression" of material...
  • Alibaba beats Facebook by raising close to $22 billion September 20, 2014

    Chinese ecommerce giant Alibaba beats Facebook by raising close to 22 billion dollars in the largest IPO ever. He won the young entrepreneur away from the world economic forum in 2005. ...
  • Alibaba Mega IPO Caps founder Jack Ma success tale September 20, 2014

    Hong Kong: When Jack Ma founded Alibaba 15 years ago he insisted the ecommerce venture should see itself as competing against Silicon Valley, not other Chinese companies. That bold ambition from a time when China was still a corporate backwater has been vindicated this week by Alibaba completing a mammoth...
  • Alibaba jumps more than 40 pc in trading debut on NYSE September 19, 2014

    Alibaba Group Holding Ltd's shares surged by more than 40 percent in their first day of trading on Friday as investors jumped in to buy what looks likely to be the largest IPO in history. More than two hours after trading began at the New York Stock Exchange, the stock opened...
  • Alibaba IPO prices at top of range, raising $21.8 billion September 19, 2014

    Alibaba Group Holding priced its initial public offering at $68 a share, the top end of the expected range, raising $21.8 billion on Thursday, in the latest sign of strong investor appetite for the Chinese ecommerce juggernaut. At that price, the IPO, one of the largestever, would give Alibaba a market...
  • Alibaba secures its place in history as largest USlisted IPO of all time September 19, 2014

    Chinese ecommerce giant Alibaba has secured its place in history as the largest USlisted initial public offering (IPO) of all time. The IPO has raised up to $22 billion, setting an all time record. The stocks are priced at $68 per share, signaling strong demand. Alibaba, which was founded by...
  • Alibaba aims to launch share sale in early September: Source August 31, 2014

    Hong Kong: Chinese ecommerce company Alibaba Group Holding Ltd is planning to launch its New York stock market debut in the week of September 8, a person briefed on the matter told Reuters on Saturday. The muchanticipated sale or initial public offering (IPO) could raise more than $20 billion, making it...
  • Messaging app Line files for IPO valued over $10 billion: Source July 15, 2014

    Tokyo: Japanese messaging app operator Line Corp applied for an initial public offering (IPO) valued at over 1 trillion yen ($9.85 billion) around two weeks ago at the Tokyo Stock Exchange, a person with knowledge of the matter said on Tuesday. Line, owned by South Korea's Naver Corp, has hired Nomura...
  • Videocon d2h likely to bring IPO this fiscal July 4, 2014

    Mumbai: Direct to home service provider Videocon d2h is likely to go ahead with its proposed public float (IPO) plan this financial year, according to a top company official. The company had received the permission from market regulator Sebi in March 2013 for its proposed Rs 700crore IPO but did...
  • Sebi board to meet tomorrow; slew of reform measures on agenda June 18, 2014

    New Delhi: Capital markets regulator Sebi is set to announce a slew of measures, including IPO and Offer for Sale reforms, to give a boost to the primary markets and make it easier for companies to raise funds. These issues, along with new guidelines for research analysts, common Know Your Client...
  • Web hosting company GoDaddy files for IPO June 10, 2014

    New York: Web hosting company GoDaddy is filing for an initial public offering. The company known for its racy Super Bowl commercials says it has 12 million customers and is the largest provider of website domain names. GoDaddy also said on Monday that company founder and former CEO Bob Parsons is...
  • DataWind, makers of Aakash tablet, plans $28 million IPO June 5, 2014

    Toronto: DataWind plans to raise about C$30 million ($27.41 million) via an initial public offering on the Toronto Stock Exchange that will value the discount tablet maker at about C$117 million, according to documents filed with regulators on Wednesday. Mississauga, Ontariobased DataWind has grabbed headlines in recent years as the maker...
  • Wearable camera maker GoPro files to go public May 20, 2014

    Bangalore: GoPro Inc, which makes wearable sports cameras and accessories, filed with US regulators on Monday to raise up to $100 million in an initial public offering of common stock. JP Morgan, Citigroup and Barclays are the lead underwriters of the IPO, the company told the US Securities and Exchange Commission...
  • Chinese e-commerce giant Alibaba expected to file for US IPO next week April 16, 2014

    San Francisco: Alibaba Group Holding Ltd's revenue growth accelerated in the last quarter of 2013, a timely lift for the Chinese Internet company as it prepares to file a prospectus next week for its highly anticipated initial public offering. Alibaba is expected to file prospectus for the share sale as early...
  • Swedish eye tracking technology firm Tobii plans IPO: Report March 30, 2014

    Stockholm: Swedish eye tracking technology firm Tobii, co-owned by chipmaker Intel, is planning a stock market listing which could value the firm at around 2 billion crowns ($309 million), business daily Dagens Industri reported. Tobii, which develops eye-controlled devices that can be used in computer interaction and in human behavior analysis,...
  • 'Candy Crush' maker King Digital to go public; could be valued as high as $7.6 billion March 25, 2014

    New York: King Digital, the company behind the wildly mobile game "Candy Crush Saga," is scheduled to make its debut on the New York Stock Exchange this week. The company could be valued as high as $7.6 billion if its initial public offering prices at $24 per share, the upper end...
  • China's Twitter-like Weibo files for $500 million US IPO March 15, 2014

    San Francisco: Twitter-like messaging service Weibo Corp filed to raise $500 million via a US initial public offering, as Chinese companies flock to the American market in record numbers to take advantage of soaring valuations. Weibo, owned by Sina Corp, becomes the latest Chinese Internet giant to tap US markets, following...
  • Web hosting company GoDaddy eyes initial public offering: Sources March 15, 2014

    Web hosting company The GoDaddy Group Inc is preparing for a second run at an initial public offering, according to two people familiar with the matter, as the 2014 tech IPO pipeline continues to grow. GoDaddy, the Internet domain registrar and web host known for its racy ads, would join a...
  • 'Candy Crush' maker King Digital sees up to $7.6 billion IPO valuation March 13, 2014

    King Digital Entertainment, maker of hit mobile phone game Candy Crush Saga, expects to be worth up to $7.6 billion when it goes public this month in the United States, amid concerns about its over reliance on the game. King will hope to benefit from its focus on the estimated $17...
  • Candy Crush Saga maker King Digital plans IPO February 19, 2014

    New York: The company behind "Candy Crush Saga" is going public, hoping the popularity of its addictive online game will translate to sweet returns for itself and its investors. King Digital Entertainment PLC, which also makes lesserknown games such as "Bubble Witch Saga" and "Pet Rescue Saga," did not disclose how...
  • Nasdaq to compensate firms on December 31 for botched Facebook IPO December 28, 2013

    New York: Nasdaq OMX Group will compensate firms on December 31 for qualifying claims related to Facebook's botched May 2012 initial public offering, the exchange operator said in a note to traders on Friday. Nasdaq said previously it would pay up to $41.6 million in claims to market participants that lost...
  • Twitter introduces selfserve ads for SMEs in Canada, Ireland, UK November 17, 2013

    San Francisco: Twitter Inc said on Thursday it would introduce selfserve ads for small and mediumsized businesses in three countries outside the United States, marking one of its first moves to expand revenue as a publicly listed company. Businesses in the United Kingdom, Ireland and Canada will be able to buy...
  • The next IPO after Twitter: Pinterest, Dropbox, Snapchat or Flipboard? November 14, 2013

    San Francisco: Just as one hightech breakthrough often paves the way for the next big thing, technology IPOs move in virtuous cycles, too. Twitter's scintillating stock market debut punctuated a procession of highly anticipated comingout parties over the past twoandhalf years, providing a springboard for a new generation of rapidly growing...
  • Indiaborn investor Suhail Rizvi gains big from Twitter IPO, rakes in $3.8 bn November 8, 2013

    New York: Suhail Rizvi, an enigmatic Indiaborn investor, has emerged as one of the biggest gainers from Twitter's highprofile public debut with his 15.6 per cent stake in the microblogging site worth a whopping $3.8 billion. Rizvi is the "nonboldface name of the moment", a report in the New York...