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Private equity major Carlyle is preparing a $500 million IPO for Highway Roop Precision Technologies, appointing multiple investment banks as lead managers. The issue, largely an offer for sale, could value the company at $2 billion, as Carlyle looks to monetise its stake in the auto-components platform.
Read MoreIndia's primary market is gearing up for a hectic week, with nine IPOs set to open across the mainboard and SME segments. The mainboard will feature issues from Manipal Health Enterprises, Juniper Green Energy and MV Electrosystems, collectively aiming to raise over Rs 11,300 crore, led by Manipal Health's Rs 9,275 crore offering.
Read MoreNext month is set to see a flurry of IPO activity as over a dozen companies plan to launch their share offerings. Collectively, these IPOs are projected to raise in excess of twenty-five thousand crore rupees. Notable players like Zepto and Shiprocket are among the front-runners, and with investor confidence on the rise, the primary market is buzzing with excitement for new listings.
Read MoreSebi approved the IPOs of Intellius Recode and Nityas Gems and Jewellery. Intellius plans to raise Rs 117 crore for AI-led digital worker development, while Nityas Gems will use fresh issue proceeds to fund working capital and business expansion.
Read MoreSilverstorm Parks' initial public offering opened for bidding on Friday, aiming to raise Rs 82 crore. The company set a price band of Rs 123-133 per share for its public issue. Funds will support a new Snow Park and Family Entertainment Centre in Lucknow. Proceeds will also finance expansion and upgrades at its Kerala theme park.
Read MoreJuniper Green Energy will launch its Rs 1,800-crore initial public offering on July 30. The company plans to raise funds through a fresh issue of equity shares. Proceeds will be used for debt repayment and investments in subsidiaries. Juniper Green Energy develops and operates renewable energy projects across India. The company is backed by Singapore-based AT Capital Group.
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