With the first-mover advantage and strong brand recall, Just Dial (JDL) has taken top position in voice-based search and also likely to strengthen its muscle in Internet-based search in India.
The estimated Rs 950-crore IPO of local search engine Just Dial will begin tomorrow and is one of the largest initial public offers by an Indian Internet company.
Strong brand recall amongst both advertisers and consumers and first mover advantage in its voice business are the key strengths of Just Dial, India's largest local search database provider.
The issue size for the coming initial public offering (IPO) of search engine company Justdial could have been just 10 per cent of the paid-up share capital instead of 25 per cent, but for a nudge by the Securities and Exchange Board of India (Sebi).
Just Dial has announced that its initial public open offer would be available to the public from May 20 to May 22. The shares will be available in a band of Rs.470-543 per share, according to a release from the company.
Textile firm Scotts Garments withdrew its initial public offering (IPO) on Friday after an extension of the issue dates and a cut in the offer price failed to bring in investors.
Lack of investor demand has forced textile firm Scotts Garments to extend its initial public offering (IPO) till May 3 and lower its price band by nearly 10 per cent.
The initial public offering (IPO) of textile firm Scotts Garments has opened for subscription today. The company, which is planning to raise nearly Rs 140 crore, has priced the issue in a price-band of Rs 130 to Rs 132 a share.
The proposed initial public offering of MobME Wireless Solutions Limited, India's first telecom campus startup, has received in-principle approval from the National Stock Exchange (NSE).
Incorporated in 1992, Scotts Garments (Scotts) is into manufacturing and exports of ready-made garments. It presently has 24 manufacturing units in Karnataka and Tamil Nadu.
Over three-and-a-half years after receiving draft papers for the proposed IPO of Sahara Prime City Ltd, Sebi has formally closed this file as the company failed to submit clarifications sought by the market regulator.
Textile company Scotts Garments announced on Monday that it would be offering its shares in a price-band of Rs 130 to Rs132 as part of its initial public offer (IPO).
Amusement park operator Wonderla Holidays has filed its draft red herring prospectus (DRHP) with Sebi for an intial public offering (IPO) of 14.5 million shares.
Indian companies mopped up over Rs 6,000 crore during financial year 2012-13 through initial public offerings (IPOs), a marginal rise of four per cent from the past year.
Incorporated in 1996, Pune- based Opal Luxury Time products (Opal) manufactures and sells designer wall and table clocks and has one plant at Roorkee, Uttarakhand.
National Insurance Company (NIC) might be listed by March 2015, following the finalisation of norms for initial public offerings (IPOs) by the Insurance Regulatory and Development Authority (Irda).
Housing finance firm Repco Home Finance Ltd (RHFL), promoted by Chennai-based Repco Bank, is planning to explore access to low-cost funds to maintain its capital adequacy ratio and strengthen its balance sheet.