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Browsing: Initial Public Offering (IPO)
Cloud kitchen operator Curefoods has filed its draft red herring prospectus for an IPO, comprising a fresh issue of Rs 800 crore, alongside an offer for sale of 48.5 million shares. JM Financial, IIFL, and Nuvama are the bookrunning lead managers for the IPO.
Meesho, which completed its domicile shift from the US to India last week, will file its draft IPO prospectus under Sebi’s confidential route, the documents show. Investors Elevation Capital, Peak XV Partners and Prosus are among the largest institutional shareholders in Meesho, owning 13-15% stake each. Japanese investor SoftBank owns close to 10% stake in the etailer focused on value retailing at lower price points.
India’s capital markets have seen a remarkable surge in Initial Public Offerings (IPOs) in recent…