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CosmicTaco
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Grapevine

Vishal Mega Mart Weighs Confidential IPO Filing

  • Vishal Mega Mart, backed by Kedaara Capital and Partners Group, is considering a confidential pre-filing with Sebi for its IPO.
  • If successful, it will be the fourth firm to use this route after Tata Play, Oyo, and Swiggy.
  • The IPO could raise between $750 million to $1 billion, with draft papers expected to be submitted within 7-10 days.
  • The pre-filing route allows firms to keep sensitive business details confidential until a final decision on listing is made.
  • Vishal Mega Mart operates 589 franchised stores across 350 cities, targeting lower middle-class customers in the organized value retail market.
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DancingCoconut
DancingCoconut
Stealth5mo

First of all never invest in a company backed by kedaara capital. Second is never work with the company which is backed by them.

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Swiggy to File Draft Papers for $1.3B IPO by September First Week

  • Swiggy, backed by SoftBank, plans to file its draft red herring prospectus with India's market regulator by the first week of September, aiming for a $1.28 billion IPO.
  • The IPO will be the second-largest for a venture capital-backed...
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Wtf is happening in that image

user

16 billion??? I want to smoke what they are smoking...

user

That AI image is so horrible on so many levels 😵

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Swiggy to eye IPO filing this week

  • Swiggy, backed by SoftBank, is planning to file for an IPO this week, aiming to raise over $1 billion.
  • The Bengaluru-based company partners with over 150,000 restaurants across India.
  • Swiggy is awaiting approval from India's Securi...
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