Brookfield-backed Clean Max Enviro Energy Solutions Ltd. is planning to launch its ₹5,200 crore initial public offering as early as November, according to people familiar with the matter. The commercial and industrial renewable energy provider has started investor roadshows and aims to begin the share sale next month after getting regulatory approvals, the people said, asking not to be identified as the information is private. The IPO will comprise as much as ₹1,500 crore of new shares and a secondary offer ...

Lenskart Solutions and Wakefit Innovations have gained a green light from the Securities and Exchange Board of India (SEBI) to proceed with their initial public offerings (IPOs). Lenskart, an eyewear retailer, first submitted its IPO paperwork to SEBI in July 2025. The offering aims to raise Rs21.5bn ($242.2m) through a fresh issuance of shares, complemented by an offer for sale (OFS) in which promoters and early investors plan to offload up to 132.2 million shares. Key selling shareholders in the OFS i ...

Group 1 - LG Electronics Inc.'s Indian unit is launching a $1.3 billion initial public offering (IPO), joining Tata Capital in a potentially record month for new listings in India [1][3] - The IPO will offer up to 101.8 million shares priced between ₹1,080 and ₹1,140, valuing LG Electronics India Ltd. at approximately ₹77,400 crore ($8.7 billion), making it the largest home-appliance maker listed in India [2][6] - The share sale indicates growing investor confidence, with Indian IPO proceeds expected to exceed $5 billion in October [3][4] Group 2 - The surge in new listings is driven by significant liquidity from domestic institutional and retail investors, with recurring investment plans attracting over $3 billion monthly in 2025 [4][5] - LG India is set to become the fourth billion-dollar IPO in India this year, following HDB Financial Services Ltd., Hexaware Technologies Ltd., and Tata Capital [6] - The offering values LG India's shares at 38 times its trailing 12-month earnings, compared to its parent company at about 14 times and local peers trading at over 50 times [8]

As Grayscale pushes ahead with plans for a $33 billion initial public offering, mounting legal troubles tied to the collapse of Genesis Global Capital are threatening to overshadow the milestone listing, according to the Financial Times. Barry Silbert, the founder of Digital Currency Group (DCG), is spearheading the effort to take Grayscale public, a move that would mark the first major public offering by a crypto asset manager. But ongoing lawsuits connected to Genesis’s bankruptcy continue to cast unce ...

Discord, the social communications and instant messaging platform popular among crypto traders and gamers, reported a security incident on Oct. 3. During the incident, an unauthorized party compromised one of Discord’s third-party customer service providers in order to extort a financial ransom from the platform. Related: What is Crypto? Cryptocurrency explained The breach affected users who had communicated with the platform's Customer Support or Trust & Safety teams. The data that may have impacted inc ...

Key Points Chime is a hot IPO stock, and its price soared on hype before coming back down. It has a differentiated banking platform with strong opportunities. Today, it trades at a more reasonable valuation. 10 stocks we like better than Chime Financial › Shares of Chime Financial (NASDAQ: CHYM) stock fell 24% in September, according to data provided by S&P Global Market Intelligence. It's still coming off its fresh initial public offering (IPO) that brought its valuation to soaring levels, and ...

The Securities and Exchange Commission headquarters in Washington, DC. The long-awaited IPO revival is poised to slow if the ongoing US government shutdown lingers, putting billions of dollars worth of deals on hold. Most Read from Bloomberg Initial public offerings for companies ranging from travel software startup Navan Inc. to Andersen Group Inc., the tax and advisory firm led by former partners of the firm that collapsed as a result of the Enron scandal, are left in limbo as the US Securities and Exc ...

Canara Robeco Asset Management Company has set a price band of ₹253-266 per share for its upcoming listing, aiming for a valuation of about 5,305 lakh crore rupees ($597.9 million) at the upper end, as per Reuters calculations.The asset manager's IPO comes at a busy time for India's primary market. The October-December quarter is expected to see $8 billion worth of fundraises, with several large-ticket issuances such as Tata Capital, LG Electronics India and WeWork India Management on the anvil.Canara Robec ...

The IPO, entirely an offer for sale of 4.98 crore shares, is valued at Rs 1,326 crore at the upper end of the price band.The asset manager's IPO comes at a busy time for India's primary market. The October-December quarter is expected to see $8 billion worth of fundraises, with several large-ticket issuances such as Tata Capital, LG Electronics India and WeWork India Management on the anvil. Canara Robeco, a joint venture between The three-day share sale will conclude on October 13, and Canara Robeco's st ...

Group 1 - The UK government is collaborating with Wall Street to enhance London's status as a global listing hub, with a focus on attracting initial public offerings (IPOs) [1][2] - A private roundtable will be co-hosted by Chancellor Rachel Reeves and Goldman Sachs' Anthony Gutman, involving executives from technology and growth sectors to promote London as a viable IPO destination [1][2] - The meeting aims to address the UK's attractiveness for listings and highlight recent reforms to improve capital market competitiveness [2] Group 2 - London's IPO market has significantly declined, reaching a 30-year low in August, with the city now ranked 23rd globally for IPO fundraising, even behind Mexico [3] - Proceeds from IPOs in London fell by 69% to $248 million, marking the lowest level in 35 years [3] - The largest IPO in London this year raised £98 million ($132 million), with no involvement from major Wall Street banks, indicating a reliance on smaller local firms [4] Group 3 - The third-quarter IPO volume in London was just $42 million, down 85% compared to the same period last year, reflecting a stark decline in market activity [4] - Competitors view Goldman Sachs' participation in the Treasury-led meeting as unusual, providing the bank with a unique opportunity to pitch to potential listing companies [5] - The partnership underscores concerns that London may permanently lose its competitive edge to New York, where the IPO market is experiencing a resurgence, particularly from crypto and AI firms [5] Group 4 - The disparity between the UK and US IPO markets is growing, with London raising only £160 million ($215 million) across five deals in the first half of 2025, the weakest performance since 1995 [6] - In contrast, US exchanges raised $28.3 billion across 156 listings, primarily driven by next-generation technology and digital asset firms [6]