If people want to invest in PP Waterballs, let them. It's a free country

Business analyst

That 4800crs is just a vanity figure, money hasn’t left any bank accounts. Not saying there’s no frenzy, but this is just blown up number by media/interpreter.

Product Manager

Stock market is overpriced and have overinflated valuations

No one cares about fundamentals, price of loss making companies like OLA keep going up and ip

Product Designer

A two wheeler dealership looking to raise 1112 crores has got interest worth of 4800 crores from investors.

Welcome to News Discussion's Private Community

A two wheeler dealership looking to raise 11-12 crores has got interest worth of 4800 crores from investors.

Crazy Investors

Consultant

Crazy Investors- Grapevine

- Rs 12cr IPO for Resourceful Automobile attracts bids worth Rs 4,800 crore
- Delhi-based dealership has just 2 showrooms and 8 employees
- Retail investors most active, with 500x subscription in their portion
- Merchant banker 'beyond expectation', unable to justify high demand
- Critics point out 'insane' subscription given company's negative cash flow 

 Source: [Times of India](https://timesofindia.indiatimes.com/business/india-business/bike-dealer-with-8-employees-gets-rs-4800-crore-bids-for-rs-12cr-ipo/articleshow/112820484.cms)

Small Bike Dealer's IPO Receives Staggering 400x Oversubscription

Journalist

Welcome to Indian Startups's Private Community

Hero has revenue of Rs. 35,000 crore & profit of rs. 4000 crores.Ola Electric has revenue of Rs 373 crore and loss of Rs  784 crore... OLA Electric (OE) aims 7-8 Bn $ IPO Valuation while Hero has 10 Bn $ valuation

Software Engineer

Personally very excited for this one, after the gains I made on Zomato.

TLDR: Swiggy wants to go for a $13Bn IPO while investors feel that's too much, $11Bn is more like it :)

Corporate Strategist

This is just a prediction based on what I've been observing recently. Founder is publishing a lot of self ego boosting articles and aggressively hiring currently.

This has been going on for quite some time and they recently did some layoffs too!

These are some of the early signs when things start to go wrong.

Not sure about their numbers. And even though Indians really love gold it's not an investment. It's a hedge. 

Let's see what happens in the next 12 months.

Prediction - The next startup to fall will be Jar

BYJUs has raised a round of 700 M last week in a tight funding market, investors are said to be Middle East based sovereign wealth fund. It is said messi partnership and fifa World Cup had introduced the firm to Middle East sovereign funds

BYJUs has raised a whooping USD 700 m (6000 cr.) in this market

Growth Manager

Welcome to Personal Finance's Private Community

"I wonder how Jefferies has given a target price of Rs. 520/share on Mamaearh - on the listing day, it was already at 93.5 times EBITDA" -> Need more people like this on LinkedIn!

Can anyone here tell me what exactly went wrong with Dunzo... I was working on a case study related to the same... Would certainly help me a lot

What went wrong with Dunzo?

- Blackbuck, a logistics unicorn, has filed a draft red herring prospectus for a fresh issue of Rs 550 crore and an offer for sale of 2.16 crore shares.
- Key investors selling shares in the IPO include Accel (52 lakh shares), Tiger Global (9 lakh shares), Flipkart (4 lakh shares), and IFC (17 lakh shares).
- Founders Rajesh Yabaji, Chanakya Hridaya, and Ramasubramanian Balasubramaniam will also sell a combined total of 44 lakh shares.
- Blackbuck's revenue rose 69% from Rs 176 crore in FY23 to Rs 297 crore in FY24, while net loss narrowed from Rs 290 crore to Rs 194 crore.
- The IPO proceeds will fund marketing, product development, its NBFC arm, and general corporate purposes.

Blackbuck Files IPO Prospectus for Rs 550 Crore Fresh Issue

I know this might be a one off, but even if they are close to profitable/break even quarters, this can become a strong business

Big if true, given Meesho’s scale

- Infra.Market, backed by Tiger Global and Accel, has chosen eight investment banks for its upcoming IPO, aiming to raise over $500 million.
- The selected banks include Kotak Mahindra Capital, IIFL Capital, Goldman Sachs, Jefferies, ICICI Securities, HSBC Securities, Motilal Oswal Financial Services, and Nuvama Wealth Management.
- The IPO is expected to be a mix of fresh issue and secondary sales, providing an exit for top VC investors.
- The issue size is projected to be between $500 million and $700 million, with potential for a higher amount based on market conditions.
- Infra.Market's subsidiary, RDC Concrete, plans its own public market debut in January 2025 after divesting a 10% stake worth $20 million in 2023. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/ipo/tiger-global-accel-backed-infra-market-picks-8-i-bankers-for-mega-500-mn-plus-ipo-12811099.html)

Infra.Market Selects 8 Investment Banks for $500M+ IPO

- Ather Energy is preparing for its IPO, with Hero MotoCorp retaining its shares while founders and investors plan to sell.
- The IPO will include a fresh issue of shares worth Rs 3,100 crore and an offer for sale of up to 2.2 crore equity shares.
- Founders Tarun Sanjay Mehta and Swapnil Babanlal Jain will offload around 1 million equity shares.
- Major selling shareholders include GIC Ventures, 3 State Ventures, and Tiger Global.
- Funds from the IPO will be used for a new manufacturing facility in Maharashtra and ongoing R&D efforts. 

 Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/ather-ipo-founders-tiger-global-binny-bansals-3-state-ventures-to-sell-stake-hero-motocorp-to-stay-invested-12817840.html)

Ather IPO: Founders, Tiger Global, Binny Bansal's 3 State Ventures to sell stake; Hero Motocorp to stay invested

What should I do to reach 100 cr in 10-15 years?

I'm an ambitious person who can work his ass off. But I lack direction, I don't know what I should do to get there.

Any answer can give me a better perspective. But please refrain from questioning the ambition.

I'm in tech and I make 22 lacs/year (4 years of exp)

My current portfolio split up:
6 lacs - Nifty 50 MF
5 lacs - FD
10-20 lacs - real estate

20 lacs to 100 crores

Analyst

Context - Morning Context article on Teachmint
https://themorningcontext.com/internet/teachmint-is-the-latest-edtech-on-the-verge-of-a-crisis

IITians or Ponzi Schemers?

Program Manager

- IndiQube is in advanced talks to finalize merchant bankers and aims to file its DRHP within three months.
- The startup plans to raise INR 1,000 Cr – INR 1,500 Cr from its IPO, mainly through fresh share issuance.
- IndiQube posted a profit of INR 60 Cr in FY24 on an operating revenue of around INR 850 Cr.
- Founded in 2015, IndiQube offers managed office spaces and counts WestBridge Capital and Helion Ventures among its backers.
- The company competes with Awfis and Smartworks, with the latter also filing its DRHP recently. 

 Source: [Inc42](https://inc42.com/buzz/exclusive-coworking-space-provider-indiqube-in-talks-with-bankers-for-inr-1500-cr-ipo/)

IndiQube Eyes INR 1,500 Cr IPO Amidst Indian Bourse Boom

Woah. That’s a big one.

Loyal equipment has raised 15 Crore capital from HNI investors for business growth 

Source: sovrenn.com/education

Loyal Equipments raises 15 Cr capital

So I have 10L in cash and I can take loan for commercial investment. Some examples could be 
- ev bike or scooty agency
- flat that can be given on rent
- marriage hall
etc.

Crazy Investors

Discover More

News Discussion on

by Matilda Lee

Grapevine

Small Bike Dealer's IPO Receives Staggering 400x Oversubscription

Indian Startups on

by Jordon Dean

Google

Hero has revenue of Rs. 35,000 crore & profit of rs. 4000 crores.Ola Electric has revenue of Rs 373 crore and loss of Rs 784 crore... OLA Electric (OE) aims 7-8 Bn $ IPO Valuation while Hero has 10 Bn $ valuation

News Discussion on

by Aaron Dean

Series A Startup

TLDR: Swiggy wants to go for a $13Bn IPO while investors feel that's too much, $11Bn is more like it :)

Indian Startups on

by Isaiah Nadeen

Startup

Prediction - The next startup to fall will be Jar

Layoffs on

by Kendall Vernon

Startup

BYJUs has raised a whooping USD 700 m (6000 cr.) in this market

Personal Finance on

by Matilda Everett

Citymall

"I wonder how Jefferies has given a target price of Rs. 520/share on Mamaearh - on the listing day, it was already at 93.5 times EBITDA" -> Need more people like this on LinkedIn!

Misc on

by Kendall Denver

Jio

What went wrong with Dunzo?

News Discussion on

by Coy Lee

Grapevine

Blackbuck Files IPO Prospectus for Rs 550 Crore Fresh Issue

Indian Startups on

by Jordon Olive

Swiggy

Big if true, given Meesho’s scale

News Discussion on

by Isaiah Lee

Grapevine

Infra.Market Selects 8 Investment Banks for $500M+ IPO

News Discussion on

by Matilda Everett

Grapevine

Ather IPO: Founders, Tiger Global, Binny Bansal's 3 State Ventures to sell stake; Hero Motocorp to stay invested

Personal Finance on

by Karilyn Carmden

Stealth

20 lacs to 100 crores

Indian Startups on

by Anise Carmden

Stealth

IITians or Ponzi Schemers?

News Discussion on

by Karilyn Olive

Grapevine

IndiQube Eyes INR 1,500 Cr IPO Amidst Indian Bourse Boom

Indian Startups on

by Matilda Hyrum

Swiggy

Woah. That’s a big one.

Personal Finance on

by Kendall Hyrum

Student

Loyal Equipments raises 15 Cr capital

Personal Finance on

by Kendall Denver

Stealth

Investment ideas if someone has 10L cash in tier 2 or 3 cities