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institutional investors

Prosus gains $2 billion on Swiggy investment with IPO valuation

by Tudur Aled
Prosus gains  billion on Swiggy investment with IPO valuation

Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues to highlight the value of its portfolio outside …

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Bitcoin: Record-breaking Bitcoin rally set to gain momentum

by Tudur Aled
Bitcoin: Record-breaking Bitcoin rally set to gain momentum

The futures market is suggesting that the record-breaking rally in Bitcoin triggered by Donald Trump’s victory in the US presidential election may just be getting started. “We saw an immediate …

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HZL OFS attracts bids worth Rs 3,400 cr from institutional investors, govt to exercise greenshoe option

by Tudur Aled
HZL OFS attracts bids worth Rs 3,400 cr from institutional investors, govt to exercise greenshoe option

The government’s offer-for-sale for more than 4.75 crore Hindustan Zinc Ltd (HZL) shares to institutional investors over-subscribed on Wednesday, with institutional buyers putting bids worth close to Rs 3,400 crore. …

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Amitabh Bachchan to Rahul Dravid: Know the star-studded lineup of Swiggy’s celebrity investors as IPO nears

by Tudur Aled
Amitabh Bachchan to Rahul Dravid: Know the star-studded lineup of Swiggy’s celebrity investors as IPO nears

As Swiggy gears up for its high-profile IPO next week, anticipation is high among its celebrity investors, who acquired stakes in the food delivery giant early on. These high-profile stakeholders …

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Primary markets can become as efficient as secondary markets

by Tudur Aled
Primary markets can become as efficient as secondary markets

Our regulators, effectively leveraging technology, are constantly moving towards higher efficiency and improved processes in our secondary trading markets. Now, we have reached a level of T+0 settlement and are …

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Finance minister Nirmala Sitharaman calls on US investors to tap opportunities in India

by Tudur Aled
Finance minister Nirmala Sitharaman calls on US investors to tap opportunities in India

Finance minister Nirmala Sitharaman on Monday pitched the India story to a large group of pension funds and institutional investors in the US and impressed on them to take advantage …

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Hyundai IPO: Institutional demand helps Hyundai cross the IPO line

by Tudur Aled
Hyundai IPO: Institutional demand helps Hyundai cross the IPO line

Mumbai: Hyundai Motor India’s ₹27,870 crore initial public offering (IPO) – the country’s largest ever – was subscribed 2.37 times on Thursday the final day of bidding. The issue sailed …

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FIIs sold Indian stocks worth $1.3 billion this week. Will the sell-off deepen?

by Tudur Aled
FIIs sold Indian stocks worth .3 billion this week. Will the sell-off deepen?

Led by a confluence of global factors like sharper-than-expected weakening of the US labor market, unwinding of Yen carry trades and rising geopolitical tensions in the Middle East, FIIs withdrew …

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Adani Energy’s $1-billion QIP subscribed over 6 times

by Tudur Aled
Adani Energy’s -billion QIP subscribed over 6 times

Duquesne Family Office, the fund founded by billionaire investor Stanley Druckenmiller, and two other US-based long-only funds – Driehaus Capital Management and Jennison Associates – have invested in the qualified …

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Ola Electric IPO opens on August 2: 10 key points for investors

by Tudur Aled
Ola Electric IPO opens on August 2: 10 key points for investors

The SoftBank-backed electric scooter maker Ola Electric is set to open its IPO for retail subscription on August 2. The public issue will open for investors a day earlier and …

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