Initial Public Offering (IPO)
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Zetwerk plans $750 Million IPO, hires 6 banks
BusinessLine· 2025-11-25 08:00
Zetwerk Pvt, an Indian contract manufacturer, is preparing to file for an initial public offering that may raise as much as $750 million, according to people familiar with the matter.The Bengaluru-based company has recently mandated Kotak Mahindra Capital Co., JM Financial Services Ltd., Avendus Capital Pvt. and the Indian units of HSBC Holdings Plc, Morgan Stanley, and Goldman Sachs Group Inc. to manage the share sale, the people said, asking not to be identified as the information is private. Zetwerk, whi ...
IG Acquisition prices $150M IPO at $10 per share (NASDAQ:IGACW)
Seeking Alpha· 2025-11-25 07:07
Group 1 - The article does not provide any specific information or data regarding companies or industries [1]
Prudential plans $300 million pre-IPO share sale in Indian joint venture
BusinessLine· 2025-11-23 05:50
Core Viewpoint - Prudential Plc is planning to raise up to $300 million through a share placement in ICICI Prudential Asset Management Co. ahead of its initial public offering (IPO) in India [1][2]. Group 1: Share Placement and Investor Interest - The UK-based insurer has initiated discussions with potential investors, with around 15 institutions showing interest in the pre-IPO placement [2]. - A final decision regarding the share placement will be made once ICICI Prudential AMC obtains regulatory approval for the IPO [2]. Group 2: IPO Details and Market Impact - The IPO is projected to raise as much as $1.1 billion, valuing ICICI Prudential AMC at approximately $11 billion, making it the second-largest mutual fund manager in India by assets [3]. - If the IPO is completed this year, it could further enhance India's robust IPO market, which reached a record $21 billion last year [3]. Group 3: Regulatory Approval and Company Actions - Ongoing deliberations may lead to changes in the pre-IPO plans, and Prudential has filed its draft red herring prospectus on July 8, indicating plans to offer up to 17.65 million shares, representing a 10% stake in the joint venture [4].
Meesho eyes $6 billion valuation with December IPO
The Economic Times· 2025-11-21 12:36
The SoftBank Group Corp.-backed firm is in talks with The offering will comprise a fresh issue of shares worth 42.5 billion rupees and an offer for sale of 175.7 million shares by existing investors, according to Bengaluru-based Meesho’s draft prospectus.Meesho, an online marketplace that is popular in smaller Indian cities, joins a growing list of companies tapping into India’s booming IPO market. Firms have already raised nearly $19.5 billion this year, following a record $21 billion in 2024, according t ...
Central Bancompany, Inc. Debuts on NASDAQ
Financial Modeling Prep· 2025-11-20 23:05
Core Viewpoint - Central Bancompany, Inc. is making its debut on NASDAQ under the symbol "CBC" with a successful IPO raising $373 million amid increased scrutiny on regional banks [1][2] Group 1: IPO Details - The company is offering 17.77 million shares of Class A common stock priced at $21.00 each [1][2] - Trading is expected to begin on November 20, 2025, with the offering anticipated to close on November 21, 2025 [2] - Underwriters have a 30-day option to purchase an additional 2.667 million shares at the offering price [2] Group 2: Market Performance - CBC is currently trading at $22.15, reflecting a 5.48% increase from its IPO price [3] - The stock has experienced a low of $22 and a high of $22.70 today, marking its highest price over the past year [3] - The company has a market capitalization of approximately $4.89 billion, with a trading volume of 3,040,630 shares indicating strong investor interest [3]
Phoenix Education Partners, Inc. Reports Fourth Quarter and Fiscal Year 2025 Results
Businesswire· 2025-11-20 21:20
Fourth Quarter 2025 Results of Operations Nov 20, 2025 4:20 PM Eastern Standard Time Phoenix Education Partners, Inc. Reports Fourth Quarter and Fiscal Year 2025 Results Share PHOENIX--(BUSINESS WIRE)--Phoenix Education Partners, Inc. (NYSE: PXED) (the "Company†or "Phoenix Education Partners†), the parent company of The University of Phoenix, Inc. (the "University†), today reported financial results for the three months and fiscal year ended August 31, 2025, with fourth quarter revenue of $257.4 million ...
A Fannie Mae IPO Is ‘Far From Ready.’ What Does That Mean for FNMA Stock Here?
Yahoo Finance· 2025-11-20 20:07
Billionaire Bill Ackman delivered some sobering news for investors hoping to see Fannie Mae (FNMA) and Freddie Mac (FMCC) go public soon. Speaking on X, formerly Twitter, earlier this week, the hedge fund manager made clear these mortgage giants aren't close to ready for an IPO, even though the Trump administration has floated the idea of taking them public by late 2025 or early 2026. www.barchart.com Ackman pointed out that getting these companies market-ready takes serious time and effort, especially w ...
India Is in an IPO Frenzy Again. Wait Until It Cools.
Barrons· 2025-11-20 16:11
Indian internet companies are going public, and investors are jumping in. It may pay to wait until the smoke clears. ...
Kraken’s IPO Play: Why the Crypto Exchange Is Racing Toward the Public Markets
Yahoo Finance· 2025-11-20 16:09
Cryptocurrency exchange Kraken’s choice to move ahead with a confidential IPO filing, just days after securing an $800 million raise, shows an exchange trying to capitalize on market momentum while U.S. regulators edge toward clearer crypto rules. The timing surprised some market watchers as the company's recent capital raise implied a strong private-market valuation and provided substantial runway. But the IPO move fits a broader trend playing out across crypto, according to seasoned securities attorney ...
Bill Ackman Warns Trump Against 'Rushing' Fannie-Freddie IPOs, Floats Plan For $400 Billion Valuation - Federal Home Loan (OTC:FMCC), Federal National Mortgage (OTC:FNMA)
Benzinga· 2025-11-20 11:18
Billionaire investor Bill Ackman, founder and CEO of Pershing Square Capital Management, is advising the Donald Trump administration against rushing initial public offerings (IPOs) for mortgage giants Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) .Ackman’s A Warning Against Rushing IPOsInstead, Ackman unveiled a three-step reform plan on Fox Business‘ “Mornings with Maria” that he claims would secure “hundreds of billions of dollars in value” for taxpayers.“Rushing to IPO is a mistake,” Ackman stated ...