Business Review Live’s Post

Ola Cabs Aims for $500 Million in IPO, Targets $5 Billion Valuation Read More: https://lnkd.in/dXfsa2DA Ride-hailing giant Ola Cabs plans to raise $500 million through its upcoming initial public offering (IPO), aiming for a valuation of around $5 billion, as reported by Reuters on Friday. Sources mentioned in the report indicate that Ola intends to file its IPO papers with the Securities and Exchange Board of India (SEBI) within the next three months. Presently, Ola is in discussions with several investment banks, including Goldman Sachs, Bank of America, Citi, Kotak, and Axis, to finalize the selection of IPO advisors within a month, as stated in the report. This marks Ola's second attempt to go public, following an unsuccessful endeavor in 2021 to raise $1 billion. In a related development, Ola Electric, a sister concern, filed its Draft Red Herring Prospectus (DRHP) with SEBI on December 22, 2023, proposing to raise funds through a combination of fresh equity shares and an offer for sale (OFS). Additionally, Ola Cabs has announced the cessation of its international operations, redirecting its focus towards expanding its electric fleet within India. Operations have already ceased in New Zealand, Australia, and the United Kingdom (UK). Ola, founded by Bhavish Aggarwal, is a key player in India's startup landscape, striving to revolutionize transportation by offering seamless mobility solutions. Legal Parivar News

New reports indicate that would-be IPO candidates are selling equities to investment firms and retail investors alike read on for complete report #startups #ipo #privatecompanies #entrepreneurs #smallbusiness https://lnkd.in/gTVS2PTU

Late-stage VCs may be preventing their startups from going public in 2024 #startup  #fundraising  #angelinvestor  #investments  #VentureCapital  #vc #Entrepreneurship  #venturefunding  #investing #TechNews #Innovation #technology  https://lnkd.in/eTcsf8CD

The case study 'Mamaearth IPO: The pricing dilemma of a start up' with Dr Shikha Bhatia explores the considerations for the initial public offerings (IPO) decision, compares different types of fundraising options for startups, evaluate the free pricing regime for IPOs in India, examine the pricing process of IPOs including the issue of valuation of IPOs and assess the decision choices of the founder regarding the timing of an IPO given the market conditions. After all the debate in the social media about the IPO pricing, the issue was finally made (with a slight delay) at INR 324 and got listed at INR 330. Since then, it has appreciated to INR 469 per share. https://lnkd.in/guWMTdWc Bhatia, S. and Dhamija, S. (2024), "Mamaearth IPO: the pricing dilemma of a startup", , Vol. 14 No. 2.  #mamaearth #IPO #valuation Dr. Shikha Bhatia

Happy to share the publication of the case study 'Mamaearth IPO: the pricing dilemma of a startup' with Prof (Dr) Sanjay Dhamija on a startup fundraising decision. It is a very pertinent case in present times and can be used in courses like Investment Banking, Strategy, Corporate Finance and Entrepreneurship. Thank you Sanjay Sir for the handholding and guiding throughout the process. #mamaearth #IPO #fundraising #valuation #startups

🚀 𝗜𝗣𝗢𝘀 𝗕𝗲𝘆𝗼𝗻𝗱 𝗣𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗶𝗹𝗶𝘁𝘆: 𝗛𝗼𝘄 𝗟𝗼𝘀𝘀-𝗠𝗮𝗸𝗶𝗻𝗴 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗮𝗿𝗲 𝗚𝗼𝗶𝗻𝗴 𝗣𝘂𝗯𝗹𝗶𝗰 𝗗𝗲𝘀𝗽𝗶𝘁𝗲 𝗻𝗼𝘁 𝗮𝗱𝗵𝗲𝗿𝗶𝗻𝗴 𝗲𝗹𝗶𝗴𝗶𝗯𝗶𝗹𝗶𝘁𝘆! Startups and business professionals, 𝗱𝗶𝗱 𝘆𝗼𝘂 𝗸𝗻𝗼𝘄 that even if a company is operating at a loss and experiencing negative cash flow, it can still come out with an 𝗜𝗻𝗶𝘁𝗶𝗮𝗹 𝗣𝘂𝗯𝗹𝗶𝗰 𝗢𝗳𝗳𝗲𝗿𝗶𝗻𝗴 (𝗜𝗣𝗢)? 🔍 𝗛𝗲𝗿𝗲’𝘀 𝗛𝗼𝘄: Under the SEBI regulations, companies that don’t meet the traditional profitability and cash flow benchmarks can still go public through the 𝗤𝘂𝗮𝗹𝗶𝗳𝗶𝗲𝗱 𝗜𝗻𝘀𝘁𝗶𝘁𝘂𝘁𝗶𝗼𝗻𝗮𝗹 𝗕𝘂𝘆𝗲𝗿 (𝗤𝗜𝗕) route. SEBI’s provisions allow 𝗮𝘁 𝗹𝗲𝗮𝘀𝘁 𝟳𝟱% of the IPO to be reserved for QIBs, ensuring investor confidence and providing startups an opportunity to raise capital. 🧑💻 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗧𝗵𝗮𝘁 𝗛𝗮𝘃𝗲 𝗧𝗮𝗸𝗲𝗻 𝗧𝗵𝗶𝘀 𝗣𝗮𝘁𝗵: 1. #𝗭𝗼𝗺𝗮𝘁𝗼 - A loss of ₹812 crore at the time of IPO. Listing Price: ₹115 Current Price: ₹90 2. #𝗣𝗮𝘆𝘁𝗺 - A staggering ₹4,230 crore loss before IPO. Listing Price: ₹2,150 Current Price: ₹650 3. #𝗡𝘆𝗸𝗮𝗮 - Net loss reported pre-IPO. Listing Price: ₹1,125 Current Price: ₹1,420 📈 𝗨𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝗟𝗼𝘀𝘀-𝗠𝗮𝗸𝗶𝗻𝗴 𝗦𝘁𝗮𝗿𝘁𝘂𝗽𝘀 𝗘𝘆𝗲𝗶𝗻𝗴 𝗜𝗣𝗢𝘀: #𝗦𝘄𝗶𝗴𝗴𝘆, #Ather, and #𝗙𝗶𝗿𝘀𝘁𝗖𝗿𝘆 are just a few #startups gearing up for their #IPOs despite current losses. While these companies have shown promising growth, it’s essential to remember that profitability may still be years away. ⚠️ 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿 𝗖𝗮𝗿𝗲 𝗧𝗶𝗽𝘀: Always assess unit economics, growth potential, and customer acquisition costs rather than focusing solely on profitability. Understand that institutional investors are key players in these IPOs. Their confidence often signals potential long-term growth, but caution is advised due to the high volatility of such investments. 💡 𝗣𝗿𝗼 𝗧𝗶𝗽: Don’t just follow the hype! Before investing in loss-making companies, review the business model, growth trajectory, and their path to profitability. #Startups #IPO #InvestorAwareness #BusinessGrowth #SEBI #ZomatoIPO #PaytmIPO #NykaaIPO #InvestorTips #BusinessFinance #Investment #QIB

ixigo IPO: Strong Demand from Retail Investors Leads to 1.95X Subscription on Day 1 #startupnewsindia #startuplife #startupindia #startup #startupnewsfyi #todaynews #startupnews #foryou #indianbusiness #foryoupage #indianbusinessnews #todaysnews #explorepage #startupnewsdaily #fyp #indiabusiness #startupbusiness #startupnewsnstoriesindia #ixigo #retailinvestors #investors #retail #retailers #subscription #Demand

With the initial public offering (IPO) boom in full swing in the Indian equity market, coworking startup Smartworks filed its draft red herring prospectus (DRHP) with the capital markets regulator SEBI last week 👇 The startup’s IPO will comprise a fresh issue of INR 550 Cr and an offer for sale (OFS) of 67.49 Lakh equity shares. The startup also plans to raise INR 110 Cr through a pre-IPO placement prior to filing its red herring prospectus (RHP). According to the draft documents filed by the company, Smartworks has 73 shareholders, with 7 in the promoter and promoter group and 66 public shareholders. #news #IPO #shareholders #smartworks #Sebi #market #shares #startup #startupnews #business #businessnews #growth #marketing #strategy #India #Inc42

Ready to take the next step? Connect with industry experts and advisors who can guide you through the IPO process in Bangladesh. Attend workshops and seminars to gain deeper insights into the Bangladeshi market and regulatory landscape. If you’re still unsure, consider reaching out for a consultation with professionals who specialize in IPOs. They can provide personalized advice and help you determine if an IPO is the right move for your startup. Taking your startup public is a significant milestone, and with careful planning and preparation, it can open doors to new opportunities and growth. Remember, the IPO process in Bangladesh may seem complex, but with the right guidance and resources, you can navigate it successfully. Good luck on your IPO journey! #ipoprocessinBangladesh #IPO #Bangladesh #Business

:: Startup M&A Trends Higher As PE Leads, But Remains Sluggish Compared To Earlier Years :: Startup investors were looking to M&A in 2024 as the fast track to getting liquidity. But while Crunchbase data shows deal volume for venture-backed companies is likely up year over year, it remains sluggish compared to earlier years. That’s despite the fact that the public markets have been historically slow and private company valuations have come down, which should make acquisitions more compelling for buyers. Interestingly, some of the largest M&A deals this year have been led by private equity firms — rather than the public companies that typically top the acquisition leaderboards. All in all, M&A for venture-backed companies so far this year has reached $67 billion across more than 1,300 deals, Crunchbase data shows. (It’s worth noting, however, that only around 16% of deals analyzed since 2019 have a price associated. The majority of deal prices are not disclosed.) Those figures are not far from total M&A activity in 2023, when it was $72 billion across more than 1,700 deals. Still, 2024 trails lower than exit values in prior years. #privateequity #investmentbanking #manda #mergers #acquisitions #deals #transactions #madeals #fdi #compaxed #odi #ibank #ibanking #investments #divestments #mergersandacquisitions #buyabusiness #sellabusiness #crossboarderdeals https://lnkd.in/gEHhHgbU