Top Stories Trade News

Dreamfolks makes IPO debut; shares listed with 56% premium

By TBM Staff - Mumbai Wednesday, 7 September 2022, 10:45 AM 686

Airport service aggregator platform DreamFolks Services listed with a strong 56 per cent gains on September 6, which was better than analysts’ expectations and grey market premium of 30-40 per cent. The stock opened at INR 505 on the BSE, against issue price of INR 326, and the opening tick on the NSE (National Stock […]Continue Reading

Aviation Top Stories

Go First plans IPO of up to INR 3,600 cr by July

By TBM Staff - Mumbai Friday, 20 May 2022, 10:00 AM 742

Wadia group owned Go First plans to hit the public markets by the end of June or early July. The airline which had got approval from market regulator Sebi for its IPO last year had held back its IPO first due to the emergence of Omicron and then to avoid a clash with the mega […]Continue Reading

Interviews Top Stories

‘Overall Indian lounge market is forecasted at INR 5,800cr by 2030, huge opportunity’

By Disha Ghosh Wednesday, 27 April 2022, 1:00 PM 2913

DreamFolks is upbeat about expanding its footprint with the growth of airports and airport infrastructure in India. Liberatha Peter Kallat, Chairperson and MD, DreamFolks Services Limited, in a conversation with Disha Shah Ghosh speaks about their partnerships and impending IPO. Q. What kind of footprint does DreamFolks enjoy in India? DreamFolks is India’s largest airport Continue Reading

OTAs Top Stories

Yatra.com appoints 3 Independent Directors to its Board; files Draft Red Herring Prospects for IPO

By TBM Staff - Mumbai Monday, 28 March 2022, 12:30 PM 1385

Yatra Online Limited has appointed three Independent Board Members namely Rohit Bhasin, Deepa Misra Harris and Ajay Narayan Jha as Non-Executive Independent Directors. The company has also filed its Draft Red Herring Prospectus (DRHP) for an initial public offering (the “IPO”) comprising a fresh issue aggregating up to INR 7,500 million, and an offer for […]Continue Reading

Top Stories

EbixCash files draft papers with SEBI for INR 6,000-cr IPO

By TBM Staff - Mumbai Friday, 11 March 2022, 12:00 PM 639

EbixCash Ltd, the Indian subsidiary of Nasdaq listed Ebix Inc, has filed preliminary papers with capital markets regulator SEBI to raise INR 6,000 crore through an initial public offering (IPO). The funds will be garnered through fresh issuance of equity shares and there will not be any offer-for-sale (OFS) component, according to the draft red […]Continue Reading

Technology Top Stories

Global travel distribution platform tbo.com plans INR 2,100 crore IPO

By TBM Staff - Mumbai Sunday, 26 December 2021, 12:39 PM 1505

TBO.com a reputed B2B travel booking website is preparing to launch an initial public offering (IPO) of shares to raise INR 2,100 crore. According to the company release, the IPO consists of a fresh issue of INR 900 crore and an offer for sale (OFS) of INR 1,200 crore by its existing shareholders and promoters. […]Continue Reading