Allied Blenders and Distillers Sets IPO Price Range at ₹267-281 per Share About Allied Blenders and Distillers Allied Blenders and Distillers, headquartered in Mumbai, is India’s largest independent spirits company. Renowned for its flagship brand, Officer’s Choice Whisky, it’s the third-largest-selling whisky globally. With a robust pan-India network, ABD also exports to 22 countries, marking a significant presence in the IMFL sector. IPO News: Allied Blenders and Distillers Limited has revealed its Initial Public Offering (IPO) with a price range of ₹267 to ₹281 per share, each having a nominal value of ₹2. The subscription window for Allied Blenders and…

Ethereum Cleared: SEC Ends Investigation, ConsenSys Celebrates Victory In a significant ruling that has caused waves throughout the cryptocurrency community, the U.S. Securities and Exchange Commission (SEC) has formally concluded its inquiry into Ethereum, marking a significant victory for the blockchain technology and its creator, ConsenSys. For years, the SEC’s scrutiny over Ethereum has loomed like a dark cloud, with the potential classification of Ether as a security threatening to upend the ecosystem. However, ConsenSys recently announced that the SEC’s Enforcement Division has notified them of the closure of its investigation into Ethereum 2.0. This move effectively ends the debate…

Bluestone’s Pre-IPO Funding: Peak XV and Steadview Capital to Contribute IPO News: Bluestone, an omnichannel jewelry brand, is negotiating a ₹830 Cr ($100 Mn) investment from Think Investments, Peak XV Partners, and Steadview Capital. Bluestone’s pre-IPO funding round, Bluestone plans a mix of share sales by early investors and new capital infusion, valuing the retailer at around ₹7,500 Cr ($900 Mn) pre-money, according to ET. Peak XV is expected to invest ₹415 Cr ($50 Mn). The Bluestone’s pre-IPO funding round includes primary and secondary transactions, with potential participation from family offices via special purpose vehicles, expected to close soon. This…

Navigate towards Medicamen Organics IPO key dates, price band, GMP, and much more Medicamen, founded in 1995, boasts over thirty years of expertise in the pharmaceutical manufacturing sector. It specializes in producing various forms of pharmaceutical dosage, including Tablets, Capsules, Oral Liquids, and Ointments. Two plants certified by the WHO-GMP support Medicamen’s operations. Medicamen has partnerships with numerous local and global entities, including Morepen, Anglo-French, Elder, Bestochem, Shreya Lifesciences, Wipro, Win Medicare, Jagsonpal, Klitch Drugs, Tablet India Limited, Mission Pharma, SH Pharmaceuticals, Knoll, Healing, May & Baker, Emami, and many others, for the production of their products under both contract…

Discover the top 10 best performing cryptocurrencies of June 2024: Check out market cap, current price, and more As the world of cryptocurrency continues to expand and evolve, keeping track of the best-performing cryptocurrencies becomes increasingly important for investors and enthusiasts alike. As of June 2024, the crypto market has seen significant movements, with some digital currencies outperforming others. Here’s an overview of the top 10 best-performing cryptocurrencies of June 2024, based on market capitalization and year-over-year returns. 1.Bitcoin (BTC) Market Cap: US$1.3 trillion Year-over-Year Return: 160% Current Price: Around US$67,379.79 Bitcoin, the original cryptocurrency created by the mysterious Satoshi…

HDB Financial Services eyes IPO launch pending parental consent: Stay updated HDB Financial Services, the non-banking financial arm of HDFC Bank, is on the cusp of a significant milestone as it prepares for an Initial Public Offering (IPO) with a potential valuation ranging between US$9 billion to US$12 billion. The IPO journey, which is contingent upon approval from its parent company, HDFC Bank, is anticipated to list by September 2025. IPO News: The move to go public is part of a broader strategy to unlock value within HDFC Bank’s diverse portfolio of financial services. With a robust network of 1,492…

Ola Electric IPO Accelerates Amid Market’s IPO Frenzy About Ola Electric Ola Electric, a leading electric vehicle company from India, is transforming city transportation with its cutting-edge e-scooters. Dedicated to eco-friendly transport, the firm is quickly growing its reach in the market and setting up charging stations, with the goal of spearheading a worldwide move towards cleaner, more effective electric cars. Ola Electric IPO IPO News: Ola Electric, led by Bhavish Aggarwal, is preparing to launch its first public offering (IPO) in the near future. To strengthen its standing in the market, the electric two-wheeler company intends to submit preliminary…

DEE Development Engineers IPO: Check out its key dates, pricing range, and more About Dee Development Engineers In 1983, DEE was established as a small consulting company. Over the course of 38 years and with a team of over 1000 employees, it has grown into a well-known brand globally, celebrated for its high standards and commitment to customer satisfaction, particularly in its DEE piping systems. DEE prides itself on its ability to deliver projects on time and ensure customer happiness, thanks to its expertise in creating pre-fabricated pipe spools for a wide range of industries. The company utilizes the latest…

IPO News: Navigate towards Kronox Lab Sciences IPO, Key Dates, Listing Price, GMP, and more About KRONOX Lab Sciences Ltd Kronax Lab Sciences Ltd specializes in producing High Purity Fine Chemicals, Inorganic Chemicals, Phosphates, and Metallic Chemicals. The creation and production of these products have been key to our achievement in offering innovative and cost-effective solutions for the domestic and global markets. Boasting a sizable manufacturing facility, state-of-the-art Quality Control measures, and a cutting-edge Research and Development Department, KRONOX Lab Sciences Ltd. is equipped to manufacture high-purity fine chemicals at its premises in Padra, Baroda, Gujarat, India. Kronox Lab Sciences…

Kraken Explores Pre-IPO Financing Options Ahead of Public Offering An IPO is being considered by Kraken, a top cryptocurrency exchange, for a significant fund-raising session as digital asset markets continue to bloom. This activity links up with rising investor enthusiasm and changing laws, pointing toward stock exchange initiation for cryptocurrencies at large internationally. Kraken, an established cryptocurrency trading platform, is contemplating a final funding round before possibly going public, following interest from prospective investors during the current surge in the digital-asset market, according to individuals with knowledge of the situation. The exchange is expected to aim for a funding amount…