Agnidev Bhattacharya is a Journalist at NDTV Profit. He covers business, markets, and corporate news, with a strong focus on finance, investment, and trading, as well as personal finance and banking. Agnidev's work has been featured in BQ Prime, Hindustan Times Syndication, Magzter, and LiveMint.
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In May, PB Fintech co-founders Yashish Dahiya and Alok Bansal sold 0.8% stake in the company, while Chinese technology major Tencent exited its remaining 1.05% stake
The Bengaluru-based company plans to raise up to ₹ 8,000 crore in primary capital, with its investors set to sell over 43.2 million shares.
The OFS component, by a clutch of existing shareholders, can potentially take Cult.Fit's IPO size to up to ₹ 4,000 crore
The OFS component, by a clutch of existing shareholders, can potentially take Cult.fit's IPO size to up to ₹4,000 crore
By: Agnidev Bhattacharya
New Delhi, July 7 -- Indian fitness platforms operator Cult.Fit Ltd has filed preliminary papers with the Securities and Exchange Board of
By: Agnidev Bhattacharya
Winning an IPO mandate is becoming a longer process for investment banks. Cautious promoters are extending IPO preparations, doing deeper due diligence and taking more time to choose advisers, reflecting a shift in how companies approach public market listings.
By: Nehal Chaliawala, Agnidev Bhattacharya
Tata Digital previously forfeited shares and refrained from further investment in Cult.fit, leading to speculation about its confidence in the company.
By: Agnidev Bhattacharya
The SBI Funds IPO will open for subscription on 14 July and close on 16 July for retail investors.
Azim Premji's PI Opportunities Fund-II, 360 One, Neo Group, Prashant Jain's 3P India Equity Fund and other marquee investors back India's largest IPO this year so far.
By: Agnidev Bhattacharya
Singapore's sovereign wealth fund Temasek has sold a 2% stake in Peyush Bansal-led Lenskart Solutions Ltd through an open-market transaction on 10 July, according to a stock exchange notification dated 14 July.
