Hyundai’s SUVs accounted for 67 percent of the company’s sales from January to September 2024
Tag: IPO
Hyundai Motor India increases ad budget as IPO nears, eyes trusted brand positioning
According to the Draft Red Herring Prospectus (DRHP), submitted to the Securities and Exchange Board of India (Sebi) in June this year, Hyundai Motors has spent Rs 677 crore on advertisement and sales promotion on a standalone basis in fiscal year 2023 (FY23)
Swiggy shareholders approve increase in IPO size to Rs 5,000 crore: Report
Notably, only the size of the primary issue has been increased to Rs 5,000 crore. The offer for sale (OFS) component will remain unchanged at Rs 6,664 crore
Swiggy expresses concerns over ONDC, intensified competition, and economic pressure
Swiggy has posted its revenue from operations at Rs 3,222.21 crore in the first quarter of FY25 against Rs 2,389.81 crore reported in the corresponding quarter of FY2024
Swiggy admits to data breaches, says business is vulnerable to cyberattacks
The company also disclosed that as it grows and collects more data, the risk of significant failures in internal controls or data security measures increases.
Swiggy’s ad spend drops 26% to Rs 1850 crore in FY2024; to ‘cost-effectively’ invest in marketing
Swiggy has proposed to spend up to Rs 1000 crore, over four calendar years on brand marketing services across various channels, including traditional media
Swiggy IPO: Co-founders Sriharsha Majety, Nandan Reddy remuneration revealed
According to the updated draft red herring prospectus (DRHP) submitted to SEBI on September 26, the CTC for Swiggy co-founders will increase to Rs 3 crore in 2026.
Hyundai Motor India IPO: SEBI clears path for record-breaking public offering
The South Korean automaker could raise nearly Rs 25,000 crore with its upcoming IPO setting a new benchmark in India’s auto sector.
One MobiKwik Systems get Sebi’s nod for IPO
MobiKwik will allocate the raised funds for expanding its business (Rs 250 crore), for growth in the payment services sector, for investment in data in machine learning, AI, and technology (Rs 135 crore each), for capex related to payment devices (Rs 70 crore), and the remaining amount for general corporate purposes.
IPO-bound Ecom Express processes 82% of tier-2 shipments but faces growth challenges: InCred Equities
InCred Equities estimated that Ecom Express handled 430 million of shipments in FY2024 accounting for 58% of Delhivery’s shipments, while its sales were 51% of Delhivery’s express sales