Frequently Asked Questions
Find answers to common questions that you may have in your mind.
A DRHP is a preliminary registration document that contains detailed information about a company's business, financials, promoters, and risks involved. For Main Board IPOs, it's filed with SEBI, while for SME IPOs, it's filed with the respective stock exchanges.
The DRHP offers critical insights into the company's financial health, business model, and future plans, crucial for making informed investment decisions in pre-IPO shares. Plus, with the filing of DRHP is the indication that company will file for an IPO soon.
For Main Board IPOs, the DRHP is available on the SEBI website, and for SME IPOs, it can be accessed from the respective stock exchange’s website.
Focus on the company’s business model, financial performance, details about the promoters and management team, the objective of the IPO, and risk factors.
In the unlisted market, it is often advisable to consider buying unlisted shares before there is any public news of an IPO. This strategy is based on several market observations and dynamics:
1. Lower Demand Pre-IPO News: Typically, before any IPO news becomes public, the demand for unlisted shares is relatively lower. This can result in more favorable valuations for these shares, offering potentially better investment opportunities.
2. Price Surge Post-IPO Announcement: Once the news of an IPO filing hits various news channels, the price of the unlisted shares often surges. This increase is due to heightened investor interest and speculation about the company's future prospects post-IPO.
3. Comparison with IPO Issue Price: It has been observed that, in many cases, the price of unlisted shares in the market can exceed the IPO issue price by the time the IPO is announced. This can lead to a situation where buying post-DRHP filing becomes less attractive from a valuation standpoint.
4. Supply-Demand Dynamics: In the unlisted market, the supply of shares is generally limited. However, with the announcement of an IPO, demand increases sharply, making it a less opportune time to buy due to higher prices and increased competition among buyers.
5. Risk Consideration: Buying shares post-DRHP filing can carry higher risks due to increased volatility and speculative trading, as the market reacts to the news of the upcoming IPO.
Conclusion:
Given these factors, it is generally recommended to explore investment opportunities in unlisted shares before any news of an IPO filing becomes public. This approach can potentially lead to acquiring shares at more reasonable valuations and avoiding the speculative price hikes that often accompany IPO announcements.
Unlisted Shares in News
27 Mar, 2019, Financial Analysis
56
0
HDB Financial Services Limited has become overvalued now - 27.03.2019
Financial of the HDB Financial Unlisted Share
Year
Rev(Cr)
PAT(Cr)
AUM
EPS
Book Value
2014
1,688
209
13560
4.32
31.70
2015
2,527
349
19290
6.63
44.68
2016
3,302 ...
19 Apr, 2019, Financial Analysis
16
0
HDB Financial has again shown Blockbuster Results - 18.04.2019
HDB Financial Services, a renowned player in the financial sector, has recently announced its financial results for FY18-19, showcasing a remarkable performance across key financial metrics.
Reve ...
28 Aug, 2019, News
18
0
HDB Financials to raise 15000 Cr via NCDs - 28.08.2019
HDB Financial Services, a non-banking financial company (NBFC) owned by HDFC Bank, is set to undertake a significant fundraising initiative. The company has announced plans to raise a substantial amou ...
16 Oct, 2019, News
26
0
HDB Financial Services half-yearly Results Update - 16.10.2019
HDB Financial Services, a prominent player in the financial sector, recently published its half-yearly results, offering a comprehensive look into the company's financial health. This detailed analysi ...
18 Jan, 2020, Financial Analysis
20
0
HDB Financials and HDFC Security Q3 Results Update - 18.01.2020
(i) HDB Financials is a non-deposit NBFC offering a wide range of loans and assets finance products to individuals, emerging businesses, and micro-enterprise. As of 31.12.2019, the HDFC Bank holds 95. ...
25 Jul, 2020, Financial Analysis
27
0
HDB Financials has released Q1 numbers for FY2020-21
HDB Financial, the HDFC Group Company, is the leading NBFC in India. The HDB Financial is doing business in two operating segments, i.e. Lending business and BPO services. Revenue Streams 1. The lendi ...
23 Oct, 2020, Financial Analysis
32
0
Poor results shown by HDB Financials in first half of FY21
HDB Financial Services, a subsidiary of the esteemed HDFC Group, recently released its half-yearly results for FY21 on October 17, 2020, as published in the National Stock Exchange. These results, cru ...
17 Jan, 2021,
66
0
HDB Financials disappointed again in Q3FY21, NPA rises to 5.9%.
HDB Financial Services (HDBFS), a subsidiary of HDFC Bank and a prominent player in the Non-Banking Financial Company (NBFC) sector, recently announced its financial results for Q3FY21. As a Systemica ...
17 Apr, 2021,
18
0
HDB Financials shows timid loan book growth in FY20-21
HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) that caters to the growing needs of an aspirational India, serving both Retail & Commercial Clients. It is a System ...
27 May, 2021,
22
0
HDB Financials is deferring the IPO plans and raising funds via Debt
HDB Financial Services is planning to raise over Rs 8,600 crore via debt, deferring its plans to float an initial public offering (IPO). HDB Financial Services is the non banking financial arm of HDFC ...
17 Oct, 2021,
105
0
HDB Financials and HDFC Securities Unlisted Shares Q2FY22 Results
HDFC Bank, the listed entity has yesterday announced the results and same is available at BSE website. We all know, HDFC Securities and HDB Financials are the subsidiary of HDFC Bank, so along with th ...
28 Jan, 2022, News
124
2
Hero MotoCorp is infusing 700 Crores in unlisted share Hero Fin Corp.
Hero Moto-Corp Board of Directors, in its meeting held on 24th January 2022, has approved an investment of up to INR 700 crore in one or more tranches, in Hero FinCorp Limited (HFCL). The investment i ...
30 Jan, 2022, News
53
0
Hero Fincorp returns to black as the company reported a PAT of Rs 133.34 cr
Hero Fincorp, the leading non banking finance company (NBFC), has returned to black as it announced its earnings for the period ended on December 31, 2021. The financial services and lending company r ...
17 Feb, 2022,
124
0
Hero Fincorp eyes IPO after raising funds from associate concerns and others
Hero Fincorp eyes IPO after raising funds from associate concerns and others
Hero Fincorp, the finance arm of two-wheeler major Hero Motocorp, is eying to float its initial public offering (IPO) soon ...
19 Jul, 2022,
198
0
HDB Financial Unlisted Shares has come with excellent Q1FY23 numbers.
Leading non banking financial company HDB Financial Services has announced its results for the quarter ending June 30, 2022 on July 16, 2022. The company was able to clock a total income from its oper ...
26 Oct, 2022,
33
0
Results update of unlisted shares of HDFC Securities and HDB Financials as on 30.09.2022
HDB Financials Unlisted Shares Results 1. For the quarter that ended September 30, 2022, HDB Financial's net revenue was at 2~200 crore as against ~1900 crore for the quarter that ended September 30, ...
17 Jan, 2023,
142
0
HDB Financial Services net profit grew 142% to Rs. 1413 crore
HDB Financial Services Limited has announced its financial results quarter and nine months ended December 31, 2022. During the first nine months ended for FY23, the Company's net profit grew 142% to R ...
02 Feb, 2023,
148
0
Hero Fincorp Financial Results Q3FY23
Hero Fincorp Limited has announced its standalone quarterly results for quarter ended December 31, 2022. As per the results, in Q3FY23, the total revenue from operations of the Company has increased 3 ...
11 Apr, 2023,
45
1
Cashinvoice and Hero Fincorp Collaboration
Cashinvoice, a digital supply chain finance platform, has collaborated with Hero Fincorp to provide financing solutions to a pool of micro, small, and medium-sized enterprises (MSMEs). The aim of ...
19 Apr, 2023,
244
1
HDB Financial Services net revenue grew to Rs. 8,891.0 crore.
HDB Financial Services Limited (HDBFSL) is a non-banking finance company (NBFC) that offers a wide range of loans and asset finance products to individuals, emerging businesses, and micro-enterp ...
04 May, 2023,
55
1
Hero Fincorp reports solid recovery with net profit of INR 480 crore in FY23
Hero Fincorp Limited, one of India's leading Non-Banking Financial Companies (NBFCs), has announced its financial results for the financial year 2022-23. The results indicate a solid recovery from the ...
18 Jul, 2023,
85
0
HDB Financial Unlisted Share Performance (June 2022 vs June 2023)
Financial performances form the backbone of any company's health check. They offer valuable insights into the company's current standing and the potential for future growth. Today, we delve into HDB F ...
14 Aug, 2023,
124
0
Hero FinCorp's Strategic Journey to IPO
Introduction: The Indian financial landscape is abuzz with the imminent IPO of Hero FinCorp, the finance arm of the iconic two-wheeler manufacturer, Hero MotoCorp. With talks about raising a massive R ...
09 Sep, 2023, Financial Analysis
266
0
Analyzing the Robust Performance of Ixigo’s Unlisted Shares
Introduction
Ixigo, one of India's leading travel and hotel booking e-commerce websites, has emerged as a formidable player in the Online Travel Agency (OTA) sector. With its diverse suite of service ...
02 Oct, 2023, Information
99
0
Analyzing Capital Small Finance Bank's Upcoming IPO: An In-Depth Look
A) Introduction
The financial sector in India has seen a flurry of Initial Public Offerings (IPOs) recently, with Capital Small Finance Bank being the latest entrant. Having filed a Draft Red Her ...
22 Nov, 2023,
162
1
"Ixigo Unleashed: A Financial Odyssey and Unlisted Market Buzz"
In the financial year 2023, Le Travenues Technology, the dynamic force propelling ixigo, orchestrated a financial marvel. The company not only achieved a consolidated net profit of Rs 23.4 crore but a ...
06 Dec, 2023,
285
2
Waaree Energies Illuminates India's Clean Energy Future in Collaboration with IRCON Renewable Power
Waaree Energies' recent collaboration with IRCON Renewable Power marks a pivotal moment in India's renewable energy landscape. By supplying an impressive 200 MW of DCR category solar PV modules, the p ...
22 Dec, 2023,
672
0
Waaree Energy to Invest $1 billion in US
Waaree Energies, based in Mumbai, has revealed ambitious plans to invest around $1 billion in establishing a solar module manufacturing plant in Texas, USA. The facility, strategically located in Broo ...
06 Jan, 2024,
108
0
Mobikwik's Strategic Move: Refiles DRHP for ₹700 Crore IPO
One Mobikwik Systems, the Gurugram-based fintech platform, has recently resubmitted its Draft Red Herring Prospectus (DRHP) to SEBI, signaling a fresh attempt to launch an Initial Public Offering (IPO ...
15 Jan, 2024,
319
1
HDB Financial Services Limited 9MFY24 vs 9MFY23 Results
HDB Financial Services, a renowned Non-Banking Financial Company (NBFC) established in 2008, recently announced its impressive financial results for the quarter ending December 31, 2023, and the n ...
17 Jan, 2024,
391
0
HDB Financial Services likely to Launch its IPO in Coming Months
In a strategic move set to make waves in the financial landscape, HDB Financial Services, a non-banking subsidiary of HDFC Bank, is gearing up for its Initial Public Offering (IPO) process. CFO Sriniv ...
22 Jan, 2024,
85
1
MobiKwik's Financial Move, Secures INR 10 Crore Term Loan ahead of IPO
In a strategic move to strengthen its financial standing, MobiKwik, a key player in the Indian digital payments sector, has successfully secured a substantial INR 10 crore loan from Equentia Financial ...
31 Jan, 2024,
148
0
HDFC Bank may consider selling stake in HDB finance
HDFC Bank Ltd, India's largest private sector lender, is gearing up for a strategic shift as it contemplates selling a portion of its shareholding in subsidiary HDB Financial Services, according to so ...
05 Feb, 2024,
230
2
Waaree Energies' Solar Odyssey: An In-Depth Look at US Trade Amid Forced Labor Concerns
US efforts to support the growth of India's solar industry may inadvertently expose a loophole allowing the entry of components manufactured with forced labor in China.
Waaree Energies Ltd., a promin ...
05 Feb, 2024,
53
0
Hexaware to continue partnership with finova
Hexaware, a significant player in IT services, has recently revealed a robust, enduring collaboration with finova, a distinguished cloud-based mortgage and savings software entity. According to an off ...
16 Feb, 2024,
197
0
Ixigo, Pioneering Travel Technology Firm, Initiates IPO process, files DRHP with SEBI
Le Travenues Technology Limited, parent Company of Ixigo, has filed its DRHP to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
The submission, filed on Februa ...
18 Feb, 2024,
152
1
IPO bound Ixigo reports Rs. 68 crore PAT in nine months of FY24
Le Travenues Technology, the parent entity behind ixigo, is gearing up for its IPO with impressive financial figures, reporting a notable surge in profits. Within the first nine months of the financia ...
21 Feb, 2024,
194
0
Waaree Energies gets BIS certification for TOPCon Module
Waaree Energies Ltd, a significant player in India's solar PV module manufacturing industry, stands out with an impressive installed production capacity of 12 GW as of June 30, 2023. Recently, the com ...
28 Feb, 2024,
133
0
Waaree Energies and Mahindra Susten Join Forces for Solar Innovation
Waaree Energies Limited recently finalized a significant agreement with Mahindra Susten, a prominent player in the renewable energy sector, for the supply of 280 MW of state-of-the-art solar modules. ...
12 Mar, 2024,
154
0
Hero Fincorp Eyes on Rs. 1000cr PAT in FY25
Hero FinCorp, headquartered in New Delhi, is targeting a net profit of Rs 1,000 crore in the fiscal year 2024-25, representing a 30 percent year-on-year increase, according to Abhimanyu Munjal, the NB ...
12 Mar, 2024,
360
0
User HDB Financial gears up for listing, the biggest IPO in 2024
India's premier private lender, HDFC Bank, is gearing up for the much-anticipated initial public offering (IPO) of its subsidiary, HDB Financial Services, according to sources cited in a report by the ...
20 Mar, 2024,
184
1
Hero FinCorp and Delhi Capitals Forge Multi- Year Alliance ahead of IPL 2024
Hero FinCorp, a renowned non-banking finance company (NBFC) in India, announces a significant partnership with the Delhi Capitals Indian Premier League (IPL) Team, marking a milestone for both organiz ...
10 Apr, 2024,
224
1
Hero FinCorp Prepares for Public Debut: Cleansing Bad Loans and Eyeing Growth
Hero FinCorp, led by Abhimanyu Munjal, is preparing for its public market debut by clearing bad loans totaling nearly Rs 1,200 crore, about 3.4% of its loan book. Originally established in 1991 as Her ...
11 Apr, 2024,
168
2
Vikram Solar Appoints Narayan Lodha as CFO and Elevates Krishna Kumar to Corporate President
Narayan Lodha has assumed the position of Chief Financial Officer at Vikram Solar Ltd, while Krishna Kumar Maskara has been advanced to President-Corporate.
With a career spanning more than two decad ...
14 Apr, 2024,
210
2
Mitsubishi UFJ Financial Group Eyes $2 Billion Investment in HDB Financial Services Ahead of IPO
Mitsubishi UFJ Financial Group Inc (MUFG) is in advanced talks to inject up to $2 billion into HDB Financial Services Ltd, a subsidiary of HDFC Bank Ltd, potentially valuing it at $10 billion. The dis ...
15 Apr, 2024,
118
6
Hexaware and Novelty Group Forge Joint Venture for UAE Digital Transformation
Hexaware Technologies and Novelty Group have formed a joint venture to provide digital transformation services to UAE enterprises across sectors like banking, manufacturing, healthcare, and more. Leve ...
16 Apr, 2024,
298
6
Carlyle Taps JPMorgan and Kotak Mahindra for Hexaware IPO
JPMorgan Chase & Co. and Kotak Mahindra Bank have been chosen by Carlyle Group Inc. to assist in organizing the prospective initial public offering (IPO) of Hexaware Technologies Ltd. in Mumbai th ...
17 Apr, 2024,
162
4
IPL Spurs Travel Surge
The Indian Premier League (IPL) season sees a surge in travel demand to match venues, with ixigo reporting a 20-25% increase. Fans flock to cities like Mumbai, Bangalore, Kolkata, Hyderabad, and Chenn ...
21 Apr, 2024,
80
4
Hexaware's OneVerse Wins Prestigious Aegis Graham Bell Award for Innovation in Virtual Customer Engagement
Hexaware, a prominent global provider of IT, BPO, and consulting services, has clinched the esteemed Aegis Graham Bell Award for its groundbreaking innovation, OneVerse: A Virtual Metaverse Lounge tai ...
22 Apr, 2024,
2490
7
Analyzing the Financial Performance of HDB Financial in Fy23-24: A Comprehensive Review
In the fast-paced world of finance, HDB Financial Services is gearing up for an IPO, making waves in India's banking scene. Known for its unique journey and place in the market, HDB Financial Services ...
23 Apr, 2024,
2294
5
HDFC Bank Explores Options for HDB Financial Services Listing to Meet Regulatory Guidelines
In a strategic move to meet regulatory requirements and enhance its financial positioning, HDFC Bank is actively considering various options regarding its non-banking arm, HDB Financial Services. Whil ...
07 May, 2024,
432
2
Waaree Energies Ltd Appoints Amit Paithankar as CEO to Lead Renewable Energy Growth
Waaree Energies Ltd, a prominent player in the renewable energy sector, has announced the appointment of Amit Paithankar as its new Chief Executive Officer (CEO). With over two decades of experience, ...
16 May, 2024,
145
1
Waaree Energies Teams Up with Carat to Boost Media Reach
Carat India, part of the dentsu network, has been awarded the television media mandate for Waaree Energies Limited, with a mission to enhance the company’s brand visibility nationwide.
In this ...
17 May, 2024,
277
4
Vikram Solar Secures Significant Orders, Bolstering India's Solar Manufacturing
Vikram Solar, a leading solar energy solutions provider in Unlisted Market, has made headlines with two major announcements that underscore its growing influence in India's solar manufacturing sector. ...
21 May, 2024,
181
2
Hexaware Technologies Expands Data and Analytics Capabilities with Softcrylic Acquisition
Hexaware Technologies, a leader in digital solutions, announced its acquisition of Softcrylic, a Minneapolis-based data consulting firm. This strategic move is intended to enhance Hexaware's data and ...
22 May, 2024,
315
3
Le Travenues Technology Secures SEBI Nod for IPO
Le Travenues Technology, the parent company behind the well-known travel platform ixigo, has received the green light from the Securities and Exchange Board of India (SEBI) to move forward with its in ...
24 May, 2024,
187
3
Waaree Energies to Supply 445 MW of Solar Modules for Rajasthan Project
Waaree Energies Limited has secured a contract to supply 445 MW of its 540/545Wp dual glass bifacial solar modules for a major solar project in Bikaner, Rajasthan. Deliveries of these modules are sche ...
27 May, 2024,
275
2
RBI Slaps Penalty on Hero FinCorp for Regulatory Breaches
The Reserve Bank of India (RBI) has levied a penalty of Rs 3.1 lakh on Hero FinCorp Limited due to regulatory non-compliance in specific areas concerning fair practices code. This penalty, however, re ...
30 May, 2024,
314
2
Hero FinCorp Gets Board Approval for IPO Including Fresh Issue and Offer for Sale
On Thursday, May 30, Hero MotoCorp Limited, the largest two-wheeler manufacturer in India, announced through an exchange filing that its financial services arm, Hero FinCorp Limited, has received appr ...
03 Jun, 2024,
120
2
Waaree Energies Appoints Prabhu Narayan Singh as Chief Sustainability Officer
Waaree Energies Limited proudly announces the induction of Prabhu Narayan Singh as their Chief Sustainability Officer (CSO), marking a significant stride in their commitment towards sustainable growth ...
07 Jun, 2024,
147
2
Waaree Energies Secures Top Spot in 2024 PV Module Reliability Assessment
In a significant achievement, Waaree Energies Ltd has once again emerged as a frontrunner in the latest edition of the Kiwa PVEL PV Module Reliability Scorecard for 2024. This marks the third consecut ...
11 Jun, 2024,
229
2
Waaree Energies Supplies Advanced Bifacial Solar Modules to Major Projects in India
Waaree Energies Limited, a leading solar PV module manufacturer with an installed capacity of 12 GW as of June 30, has successfully delivered 68 MW of Bi-55 bifacial dual glass framed modules to Genso ...
14 Jun, 2024,
839
2
Vikram Solar Secures Rs 715 Crore Investment, Backed by Viney Equity Market
Viney Equity Market announced its participation in a substantial Rs 715 crore funding round for Vikram Solar, a leading manufacturer of solar panels and provider of power solutions. Viney Equity Marke ...
18 Jun, 2024,
190
1
Hitesh Doshi Honored for Transformative Impact on Solar Industry
Hitesh Doshi, a prominent figure in the Indian solar industry and founder of Waaree Energies Limited, has been honored with the Global Solar Leaders Award for 2024. This accolade recognizes his except ...
21 Jun, 2024,
179
3
Waaree Energies to Supply 280 MW of Solar Modules to Mahindra Susten
Waaree Energies Limited, a leading Indian solar PV module manufacturer with an installed capacity of 12 GW as of mid-2023, has secured a significant agreement to supply 280 MW (DC) of advanced solar m ...
26 Jun, 2024,
267
3
HDB Financial Services to Raise Rs 500 Crore through Bond Reissue
HDB Financial Services has announced plans to raise Rs 500 crore ($59.85 million) by reissuing bonds that are set to mature in September 2027. This move was disclosed by three bankers on Friday. ...
01 Jul, 2024,
134
1
Waaree Energies Secures 900 MW Module Supply Contract from Serentica Renewables
Waaree Energies has announced a significant contract win from Serentica Renewables India to supply 900 megawatts (MW) of solar modules for an upcoming project in Rajasthan. The delivery timeline for t ...
02 Jul, 2024,
180
1
Hexaware Technologies to Hire 6,000-8,000 Employees Globally in 2024
Hexaware Technologies has announced plans to significantly expand its global workforce by hiring between 6,000 and 8,000 new employees in 2024, depending on favorable market conditions. The IT service ...
04 Jul, 2024,
144
2
Waaree Energies Appoints Sanjeev Pushkarna as New Chief Procurement Officer
Waaree Energies, a prominent player in the solar PV module manufacturing sector, announced on Thursday the appointment of Sanjeev Pushkarna as their new Chief Procurement Officer (CPO).
Expressing hi ...
08 Jul, 2024,
199
1
Waaree Energies' Subsidiary Waaree Renewable Wins Major Solar EPC Contract in Rajasthan
Waaree Renewable Technologies Ltd., a subsidiary of Waaree Energies Ltd., announced on Monday that it has secured a significant engineering, procurement, and construction (EPC) contract from Juna Rene ...
14 Jul, 2024,
252
2
Indosolar, Subsidiary of Waaree Energies, Opens New Solar Module Manufacturing Plant in Noida
Indosolar Limited, part of Waaree Energies Limited, has announced the opening of its latest solar module manufacturing plant in Noida. This new facility, with a production capacity of 1.30 GW, marks a ...
17 Jul, 2024,
3027
9
HDB Financial Services Limited Announces Q1 FY2025 Financial Results
HDB Financial Services Limited has announced its financial results for the first quarter of FY2025, showcasing notable growth. As per the consolidated financial statements, the total revenue of the Co ...
20 Jul, 2024,
319
4
HDFC Bank Engages Private Credit Funds for Potential Stake Sale in HDB Financial Services
HDFC Bank Ltd is in preliminary discussions with private credit funds to sell a stake in its lending arm, HDB Financial Services, which is preparing for an IPO. The bank is evaluating HDB Financial's ...
22 Jul, 2024,
348
3
HDFC Bank to List HDB Financial Services by September 2025
India's leading private bank, HDFC Bank Ltd., has given preliminary approval to initiate the listing process for its subsidiary, HDB Financial Services Ltd., through an initial public offering (IPO). ...
23 Jul, 2024,
142
3
Waaree Energies Limited Gains Recognition in RETC PV Module Index Report 2024
Waaree Energies Limited has been recognized in the prestigious 2024 RETC PV Module Index Report, which evaluates solar PV module manufacturers globally on crucial performance, quality, and reliability ...
05 Aug, 2024,
116
3
Hexaware Technologies Expands Operations in the Philippines with New Hub in Manila
Hexaware Technologies, a prominent IT services and solutions company headquartered in Navi Mumbai, India, is expanding its footprint in the Philippines by establishing a second operational hub.
Accor ...
06 Aug, 2024,
82
2
Waaree Energies Honored with Long Association Award by Enerparc Energy
During a recent vendor association meeting in Bangalore, Waaree Energies Ltd was honored with the Long Association Award by Enerparc Energy Pvt Ltd. This accolade recognizes Waaree's substantial role ...
13 Aug, 2024,
97
2
Hexaware partners with upGrad to Enhance Employee Skills in Generative AI
Hexaware Technologies, a prominent IT services and solutions provider, has entered into a strategic partnership with upGrad Enterprise, the corporate training division of upGrad. The collaboration is ...
16 Aug, 2024,
121
0
Waaree Energies Secures 90 MW Solar Module Order from Juniper Green Energy for Bikaner Project
India's leading solar photovoltaic (PV) module manufacturer, Waaree Energies Limited, has been awarded a significant 90 MW order to supply advanced dual glass bifacial modules with a power rating of 5 ...
16 Aug, 2024,
245
1
Vikram Solar Unveils SURYAVA: A Next-Generation Bifacial Solar Module with Heterojunction Technology
Vikram Solar Limited, a prominent name in the Indian solar industry, has introduced its latest breakthrough in solar technology—the SURYAVA high-performance bifacial module. This innovative modu ...
21 Aug, 2024,
97
2
Waaree Energies' Strategic Meeting with Odisha Government to Boost Renewable Energy Sector
In a pivotal move for Odisha’s renewable energy landscape, Waaree Energies Limited, a leading solar energy solutions provider in India, engaged in a significant dialogue with Odisha’s Chie ...
21 Aug, 2024,
117
2
MobiKwik's Path to Profitability: A 15-Year Journey Culminates in FY24 Success, Sets Stage for IPO
MobiKwik, a leading player in the digital financial services landscape, has reached a significant milestone by achieving its first full-year profitability in FY24. After enduring 15 years of operating ...
23 Aug, 2024,
424
1
HDFC Bank Declines $2 Billion Offer from Japan’s MUFG, Opts for HDB Financial Services Listing
In a strategic move, HDFC Bank, India’s leading private sector lender, has decided to reject a $2 billion offer from Mitsubishi UFJ Financial Group (MUFG) of Japan, which sought to acquire a 20% ...
26 Aug, 2024,
76
1
Waaree Energies Appoints Aniruddha Khekale as Chief Human Resources Officer Amid Rapid Expansion
Strategic Leadership Addition: Waaree Energies Limited has appointed Aniruddha Khekale as its new Chief Human Resources Officer (CHRO). This strategic move comes at a time when Waaree Energies is ...
29 Aug, 2024,
823
1
Waaree Energies Faces Prolonged IPO Delay Due to Compliance Issues
Waaree Energies Faces Prolonged IPO Delay Due to Compliance Issues
Waaree Energies, India’s leading solar panel manufacturer, finds itself in a prolonged wait for regulatory approval of its Ini ...
30 Aug, 2024,
2182
6
Vikram Solar Financial Performance: FY23 vs FY24 – A Comparative Analysis of Revenue, EBITDA, and PAT
A) About Vikram Solar1. Expansion of Manufacturing Capacity: The company has expanded its manufacturing capacity to 3.5 GW in FY 2023-24 and is targeting an increase to 4.5 GW by FY 2024-25 and 10.5 G ...
04 Sep, 2024,
260
1
HDB Financial Services Prepares for IPO, Consults Global Investment Banks
HDB Financial Services, the non-banking finance subsidiary of HDFC Bank, is making significant strides towards launching its Initial Public Offering (IPO). The company has begun discussions with sever ...
05 Sep, 2024,
539
3
HDFC Bank Aims for $9-10 Billion IPO for HDB Financial Services by December
HDFC Bank Ltd is advancing with its strategic move to take its non-banking subsidiary, HDB Financial Services, public. The initial public offering (IPO) is expected to take place either by December th ...
07 Sep, 2024,
380
3
HDB Financial Services Selects Cyril Amarchand Mangaldas, Jefferies, JM Financial, Morgan Stanley, and Nomura for IPO
HDB Financial Services, a subsidiary of banking giant HDFC Bank, has initiated preparations for its upcoming initial public offering (IPO). The company has brought on board four prominent investment b ...
10 Sep, 2024,
3303
4
Swiggy Limited FY24 Financial Results
Swiggy Limited has announced its financial results for the financial year 2024, showcasing a notable improvement in its financial and operational performance. The company's revenue from operations saw ...
10 Sep, 2024,
1273
1
Waaree Energies FY24 Results
Waaree Energies Business Model
Waaree Energies is at the forefront of India's renewable energy revolution, offering a comprehensive range of solar solutions tailored to meet the needs of both domesti ...
04 Oct, 2024,
1168
5
Vikram Solar Files for IPO with SEBI to Fund Expansion
Vikram Solar, a prominent solar photovoltaic module manufacturer based in Kolkata, has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) as part of ...
22 Oct, 2024,
385
0
HDB Financial Services FY24 Results
HDB Financial Services is a leading non-banking financial company (NBFC) in India, offering a wide range of financial products and services. It primarily focuses on providing loans to individuals and ...
24 Oct, 2024,
384
2
HDFC Bank Approves Rs 12,500 Crore IPO for HDB Financial Services
HDFC Bank has taken a significant step towards the public listing of its subsidiary, HDB Financial Services, with the board's approval of a Rs 12,500 crore initial public offering (IPO). The decision ...
16 Nov, 2024,
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HDB Financial Services IPO Sparks Surge in Unlisted Share Prices
HDB Financial Services, a non-banking financial company (NBFC) owned by India’s most valuable bank, is gearing up for its highly anticipated initial public offering (IPO). This announcement has ...
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