The dominant player in India’s life insurance market, Life Insurance Corporation, opens its initial public offering for subscription Wednesday in the country’s largest-ever IPO. The government is selling a 3.5% stake in state-owned insurance behemoth…
Tagged By IPO
Snapchat IPO Pursuit Sees US Exchanges Rent Helicopters, Drape Banners
This past November, Nasdaq Inc hired a helicopter to film Manhattan’s skyline using Snapchat’s new video-camera sunglasses and sent the aerial footage to its social media followers. The New York Stock Exchange – its arch-rival…
HubSpot Files for IPO, Hopes to Raise $100 Million
HubSpot, the inbound marketing company founded by Brian Halligan and Dharmesh Shah in 2006, has filed its intentions for an Initial Public Offering. The company says it hopes to raise $100 million from sales of…
Snapchat IPO Filing Comes to Light with Questions Remaining
It looks like Snapchat is finally going public. According to a Reuters, the company has confidentially filed for an initial public offering of its shares. Snapchat filed with the Securities and Exchange Commission under the…
SecureWorks Raises $112 Million in Year’s First Technology IPO
Dell Inc’s cyber-security unit SecureWorks Corp raised $112 million in the first US initial public offering of a technology company in 2016, less than it had hoped for, amid investor skepticism over its profit margins…
Line, the Biggest Tech IPO of the Year, Struggles to Show Its Growth Plan Can Work
In delaying its IPO by two years, Japanese messaging app company Line Corp bought time to correct weak financial reporting controls, work on its business plan, bolster staffing – and left billions of dollars on…
Infibeam’s $80 Million IPO Fully Subscribed
Indian online retailer Infibeam Incorporation’s $80 million initial public offering (IPO) attracted thin demand from institutional investors, just selling the total number of shares on offer in the country’s first e-commerce listing. The company, which…
Infibeam Sets IPO for March 21
Online shopping portal Infibeam Incorporation will hit the capital markets on March 21 to mop-up Rs. 450 crore through an initial share plan, becoming the first e-commerce firm to tap the IPO route. The initial…
Dorsey-Led Square Posts Strong Results in First Quarterly Report Since IPO
Mobile payments company Square Inc’s revenue beat analysts’ estimates in its first quarterly results since going public in November, easing pressure on CEO Jack Dorsey who is also leading turnaround efforts at Twitter Inc. Square’s…