Ola Electric Mobility har godkänt en riktad nyemission till institutionella investerare (QIP) och fastställt en golvkurs på 37,74 ₹ per aktie.
Företaget genomför kapitalanskaffningen för att stärka sin position i en tid av avtagande försäljning och utmaningar gällande marknadsandelar inom sektorn för elektriska tvåhjulingar. QIP-emissionen följer på en nyligen genomförd investering på 2 000 crore rupier i dotterbolag, i syfte att förbättra lokalisering och vertikal integration.
India's securities regulator has cleared the initial public offering for quick commerce firm Zepto. The move opens the door to a potential Rs 12,000 crore listing later in 2026.
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Coal India's offer for sale opened to retail investors with non-retail buyers showing robust interest on the first day. The state-owned miner reported subscriptions of 8.14 times from this group amid mixed views on its future.
Reliance Industries' telecom arm, Jio Platforms, has informed bankers of plans to file its IPO prospectus as early as March. The move involves filing initial documents by the end of this month. Seventeen bankers have been appointed to manage what could become India's largest IPO.
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Steel Authority of India posted a sharp increase in net profit for the fourth quarter of fiscal 2026. Consolidated profit after tax climbed 47% year on year to 1,835 crore rupees. Revenue grew 5% over the same period.