Latest news with #InitialPublicOffering
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Business Standard
19 hours ago
- Business
- Business Standard
Asston Pharmaceuticals disappoints with market debut, lists at 3% discount
Asston Pharmaceuticals IPO listing today: Shares of healthcare products supplier Asston Pharmaceuticals made a poor debut on the BSE SME platform on Wednesday, July 16, following the completion of its Initial Public Offering (IPO). The stock listed at ₹119 per share, reflecting a discount of ₹4 or 3.25 per cent over the IPO issue price of ₹123. The Asston Pharmaceuticals IPO fell short of grey market expectations. Prior to the debut, its unlisted shares were trading at around ₹149 in the grey market, indicating a grey market premium (GMP) of ₹26 or approximately 21.14 per cent over the issue price, according to sources tracking unofficial market activity. Asston Pharmaceuticals IPO details The Asston Pharmaceuticals IPO comprised an entirely fresh issue of 2.24 million equity shares aggregating to ₹27.56 crore. The public offering was available for subscription from Wednesday, July 9, to Friday, July 11, at a price band of ₹115-123 per share, with a lot size of 1,000 shares. The public issue received overwhelming demand from investors, getting oversubscribed by 173.53 times by the end of the subscription period, as per BSE data. The basis of allotment for Asston Pharmaceuticals IPO shares was finalised on Monday, July 14. The company has fixed the issue price at ₹123 per share. Asston Pharmaceuticals will utilise the proceeds from its public issue to fund capital expenditure requirements, specifically for acquiring machinery for its manufacturing unit. A portion of the funds will also be allocated towards meeting the company's incremental working capital needs. Additionally, the proceeds will be used for the repayment and/or prepayment, either in part or in full, of certain outstanding borrowings. The remaining funds will be directed towards general corporate purposes. About Asston Pharmaceuticals Asston Pharmaceuticals specialises in exporting pharmaceuticals globally. The company offers a diverse range of products, including tablets, capsules, and syrups, across various therapeutic categories. Asston Pharmaceuticals is FDA-certified and complies with Quality Management System standards. The company's product portfolio includes medications for pain relief, infections, and vitamin deficiencies.
Yahoo
a day ago
- Business
- Yahoo
Here's How Much You'd Have If You Invested $1000 in Etsy a Decade Ago
For most investors, how much a stock's price changes over time is important. This factor can impact your investment portfolio as well as help you compare investment results across sectors and industries. The fear of missing out, or FOMO, also plays a factor in investing, especially with particular tech giants, as well as popular consumer-facing stocks. What if you'd invested in Etsy (ETSY) ten years ago? It may not have been easy to hold on to ETSY for all that time, but if you did, how much would your investment be worth today? With that in mind, let's take a look at Etsy's main business drivers. Etsy is primarily an e-commerce service provider that operates a two-sided marketplace platform called The company completed its Initial Public Offering (IPO) in core operational countries include the United States, the U.K., Canada, Germany, Australia and Etsy reported revenues of $2.8 billion in 2024. Notably, the company generates revenues from marketplace activities and other optional company generated $2.02 billion of marketplace revenues, which accounted for 72.1% of the total 2024 revenues. Further, it generated $787.5 million in services revenues, which accounted for 28% of the total allows various merchants to list and sell their unique and creative products belonging to categories like homewares and home furnishings, jewelry and personal accessories, apparel, craft supplies, paper and party supplies, and beauty and personal care via its marketplace platform, which has emerged as the cash cow of Etsy, enables merchants to manage products and inventory, process orders and payments, ship orders, and build customer relationships company's strong technology infrastructure helps it deliver robust buyer and seller experience and analyze the huge volume of customer data to strengthen the performance of its marketplace Merchandise Sales (GMS), which is the key growth metric of the company, is generated from the strengthening marketplace activities. Meanwhile, services revenues are generated from fees that sellers pay for the optional services on both Etsy and Reverb marketplace. Advertising services and Etsy Shipping Labels are optional services available to sellers on the Etsy advertising products, namely Bump and Reverb Shipping Labels, are optional services available on the Reverb platform. Anyone can invest, but building a successful investment portfolio requires research, patience, and a little bit of risk. So, if you had invested in Etsy, ten years ago, you're likely feeling pretty good about your investment today. According to our calculations, a $1000 investment made in July 2015 would be worth $3,495.46, or a gain of 249.55%, as of July 15, 2025, and this return excludes dividends but includes price increases. In comparison, the S&P 500's gained 197.24% and the price of gold went up 179.60% over the same time frame. Analysts are forecasting more upside for ETSY too. Etsy is benefiting from accelerating Marketplace revenues which is driven by strength in Offsite Ads. Depop's increasing shipping label revenues is contributing well to Service revenue growth. Growing momentum across reactivated and new buyers is a plus. Increasing investments to support sellers with a targeted marketing campaign to promote the availability of a seller financing program offered via a third-party partner, are boosting active seller base stock has outperformed its industry in the year-to-date softness in large product categories like home, living and craft supplies remains a concern. Accelerating costs related to the shift to Offsite Ads and increasing marketing expenses are overhangs. Sluggish consumer discretionary spending due to macroeconomic headwinds is a major headwind in the ner-term. Over the past four weeks, shares have rallied 7.09%, and there have been 1 higher earnings estimate revisions in the past two months for fiscal 2025 compared to none lower. The consensus estimate has moved up as well. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Etsy, Inc. (ETSY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Hindustan Times
a day ago
- Business
- Hindustan Times
WeWork India gets SEBI nod to launch IPO, promoters to sell shares to monetise investments
New Delhi, Jul 15 (PTI) Co-working major WeWork India has received market regulator Sebi's go-ahead to launch its Initial Public Offering (IPO), enabling the promoters to monetise their investments amid record demand for office spaces across the top seven cities. Co-working major WeWork India has received market regulator Sebi's go-ahead to launch its Initial Public Offering (IPO), enabling the promoters to monetise their investments amid record demand for office spaces across the top seven cities. (Picture for representational purposes only)(Pixabay) Bengaluru-based WeWork India Management Ltd, which filed its Draft Red Herring Prospectus (DRHP) in February, obtained observations from the markets regulator on July 8, an update with the SEBI showed on Tuesday. Established in 2017, WeWork India is promoted by Bengaluru-based real estate company Embassy Group. It has the exclusive license of the 'WeWork' brand in India. Also Read: Incuspaze acquires Pune's Trios to expand coworking biz, targets ₹350-400 crore During the 2023-24 fiscal, WeWork India posted a net loss of ₹135.83 crore over a total income of ₹1,737.16 crore. The company, however, posted a profit of ₹174.13 crore in the first six months of the 2024-25 fiscal. Total income stood at ₹960.76 crore during the April-September period of the 2024-25 financial year. In WeWork India, Embassy Group has around 76.21 per cent stake while WeWork Global owns 23.45 per cent. As per the DRHP, the proposed IPO is entirely an Offer for Sale (OFS) of up to 4.37 crore equity shares. Promoter group firm Embassy Buildcon LLP and investor 1 Ariel Way Tenant Ltd (part of WeWork Global) will offload shares. Through the OFS, Embassy Buildcon LLP will sell up to 33,458,659 equity shares, while 1 Ariel Way Tenant Ltd up to 10,295,293 shares. Since it is an OFS, WeWork India will not receive any proceeds from the IPO. On Monday, Smartworks Coworking Spaces Ltd's ₹583 crore IPO was subscribed 13.45 times. Awfis and EFC (I) Ltd are already listed on the stock exchanges. Co-working operators are tapping capital markets to raise funds for expansion amid rising demand for both conventional and flexible managed workspaces. In its draft papers, WeWork India stated that the object of the offer is to achieve the benefits of listing the equity shares on the stock exchanges. "Our company expects that listing of the equity shares will enhance our visibility and brand and provide liquidity to its existing shareholders. The listing will also provide a public market for the equity shares in India," WeWork India had said in the DRHP. Also Read: Mumbai real estate: WeWork India leases 1.26 lakh sq ft of commercial space in Powai for ₹1.38 crore monthly rent WeWork Global had in June 2021 invested USD 100 million in WeWork India. In January this year, the company raised ₹500 crore through a rights issue, mainly to reduce debt and achieve further growth. WeWork India provides flexible, high-quality workspaces to customers, which include companies of all sizes as well as individuals. It primarily leases Grade A office space from leading developers across Tier 1 cities and designs, builds, and operates them as flexible workspaces. Its portfolio comprises 77 lakh square feet of area, of which 70 lakh square feet is already operational. The operational desk capacity has reached 1.03 lakh. The company has a presence in Bengaluru, Mumbai, Pune, Hyderabad, Gurugram, Noida, Delhi, and Chennai. It has more than 500 employees.
Time of India
a day ago
- Business
- Time of India
Real estate deals drop 8% in Jan-Jun to USD 2.5 billion: Grant Thornton Bharat
Indian real estate sector witnessed deals worth USD 2.5 billion during the first half of this year, a fall of 8 per cent annually, according to Grant Thornton Bharat . In its report 'Real Estate Q2 2025 Dealtracker', Grant Thornton Bharat said the number of deals has increased in the January-June period, but the overall value has dropped. The real estate deals include Initial Public Offering (IPO) and Qualified Institutional Placement (QIP). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Incroyable:La calculatrice indique la valeur de votre maison instantanément (jetez un coup d'oeil) Calculateur de valeur immobilière | Liens de recherche En savoir plus Undo "In the first half of the year, the Indian real estate sector recorded 45 transactions, including IPO and QIP , valued at USD 2.5 billion, compared to 40 deals worth USD 2.7 billion in H1 2024. While volume increased year-on-year, the overall deal value dropped by 8 per cent," Shabala Shinde, Partner and Real Estate Industry Leader at Grant Thornton Bharat, said. She noted that the data for the first half of this year reflects a sector recalibrating for long-term strength. Live Events "While overall deal values moderated, institutional capital continues to flow steadily into commercial platforms, reinforcing the asset class' resilience. The return of IPO and SME REIT activity, alongside anticipation of India's largest REIT, signals that capital markets are gearing up to play a larger role in driving real estate growth," Shinde said. In the second half of 2025, she said the sector is well-positioned for a more mature, innovation-led cycle of investment. During the second quarter of this calendar year, the data showed 17 transactions worth USD 1.3 billion, including IPOs and QIPs. PTI
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Business Standard
a day ago
- Business
- Business Standard
Real estate deals drop 8% in Jan-Jun to $2.5 billion: Grant Thornton Bharat
In its report 'Real Estate Q2 2025 Dealtracker', Grant Thornton Bharat said the number of deals has increased in the January-June period, but the overall value has dropped Press Trust of India New Delhi Indian real estate sector witnessed deals worth $2.5 billion during the first half of this year, a fall of 8 per cent annually, according to Grant Thornton Bharat. In its report 'Real Estate Q2 2025 Dealtracker', Grant Thornton Bharat said the number of deals has increased in the January-June period, but the overall value has dropped. The real estate deals include Initial Public Offering (IPO) and Qualified Institutional Placement (QIP). "In the first half of the year, the Indian real estate sector recorded 45 transactions, including IPO and QIP, valued at $2.5 billion, compared to 40 deals worth $2.7 billion in H1 2024. While volume increased year-on-year, the overall deal value dropped by 8 per cent," Shabala Shinde, Partner and Real Estate Industry Leader at Grant Thornton Bharat, said. She noted that the data for the first half of this year reflects a sector recalibrating for long-term strength. "While overall deal values moderated, institutional capital continues to flow steadily into commercial platforms, reinforcing the asset class' resilience. The return of IPO and SME REIT activity, alongside anticipation of India's largest REIT, signals that capital markets are gearing up to play a larger role in driving real estate growth," Shinde said. In the second half of 2025, she said the sector is well-positioned for a more mature, innovation-led cycle of investment. During the second quarter of this calendar year, the data showed 17 transactions worth $1.3 billion, including IPOs and QIPs. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
