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Business News

Leela Hotels IPO Fully Subscribed on Day 3, NSE to Settle Disputes with SEBI Ahead of IPO

The initial public offering (IPO) from the operator of Leela Palaces Hotels and Resorts is on its last day and has been subscribed 3.63 times so far, led by qualified institutional buyers (QIBs). The National Stock Exchange of India Ltd (NSE) is said to be offering close to a staggering INR 1,000 crores to settle longstanding disputes with the country's market regulator, Securities and Exchange Board of India (SEBI), in its quest to get publicly listed, according to a report.
By Prince Kariappa
Business News

Belrise to go Public, Colorbar Plans IPO in 2027

Belrise Industries, a manufacturer of components for the automotive and white goods industries, is planning to raise INR 2,150 crore through an initial public offering (IPO) with a fresh issue of 23.89 crore equity shares. The IPO is open for public subscription on May 21, 2025.
By Entrepreneur Staff