IPO, OpenAI
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EY data show that India had more IPOs in the first three quarters of the year than anywhere else in the world.
Investors have the last chance to apply for the Orkla India IPO today. The company’s ₹1,667 crore IPO is being sold in the price range of ₹695– ₹730 per share, valuing the company at around ₹10,000 crore at the upper end.
Navan just went public during the government shutdown, a risky move that sent its shares tumbling. Here's what investors' stakes are worth.
Navan's shares started trading 12% below their initial public offering price on Thursday, as the travel technology company faced choppy market conditions amid a prolonged U.S. government shutdown.
A five-deal listicle on private equity investments in the healthcare insurance sector; a look at an IPO filed this week by a healthcare distribution company backed by Hellman & Friedman, The Carlyle Group and Blackstone;
On October 30, Studds Accessories Ltd's IPO saw strong demand, with a subscription rate of 1.54 times. The offering seeks to raise ₹455 crore, priced at ₹557-585, closing on November 3. Studds Accessories IPO GMP today is ₹63.
The IPO market remains robust with a ₹1.13-lakh crore pipeline, featuring major companies poised for substantial fundraising.
The Government Shutdown Has Killed IPOs. Navan Stock Tumbled in Its Debut.
The IPO preparations follow a restructuring of OpenAI completed on October 28 that reduced the company’s reliance on Microsoft, which has committed to investments of $13 billion and now owns about 27 percent of the company. OpenAI was most recently valued around $500 billion in private markets.