AXIS Capital Holdings (AXS) news

Aragen Life Sciences IPO: Axis Capital, JM Financial, Goldman Sachs (India), Citigroup Global Markets India are bookrunning lead managers

Avaada Electro IPO: Fresh issue of shares worth up to 16 bln rupees - UDRHP

Avaada Electro, a subsidiary of the Avaada Group, has filed a confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a proposed initial public offering (IPO) with an estimated issue size of ₹9,000–₹10,000 crore (approximately $1 billion). The IPO…

Avaada Electro founder to sell 60B rupees of shares in IPO

Avaada Electro, the solar manufacturing division of the Avaada Group, is preparing to launch an initial public offering (IPO) in India, with plans to raise up to $1 billion . The IPO is expected to include both a new share issuance and a secondary sale of shares by existing shareholders, including…

SBI not looking at listing any subsidiaries

India’s largest asset manager, SBI Funds Management Ltd, is progressing with plans for a significant initial public offering (IPO) expected to take place in 2026. The proposed listing could raise over $1 billion and potentially rank among the country’s largest IPOs in recent years. The company,…

OfBusiness working with banks on potential share sale: sources

OfBusiness, the SoftBank-backed B2B marketplace, has engaged five investment banks—Axis Capital, Morgan Stanley, JPMorgan, Citigroup, and Bank of America—to manage its potential initial public offering (IPO), which is targeted for late 2025 . The company aims to raise up to $1 billion through the…