Shimadaya Corporation prepares for IPO with strict market controls
The IPO is expected to attract considerable attention, and Shimadaya’s stock will be subject to Japan’s matching mechanism on the first day of trading.
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The IPO is expected to attract considerable attention, and Shimadaya’s stock will be subject to Japan’s matching mechanism on the first day of trading.
In Hong Kong, the IPO of a major technology firm exceeded expectations, raising over $2 billion and attracting significant interest from both institutional and retail investors. Similarly, Kuala Lumpur witnessed a landmark IPO of a leading green energy company, which also drew substantial investment and was heavily oversubscribed.
Hero Fincorp has filed a draft prospectus with SEBI for a Rs 3,668 crore IPO. The offering includes a fresh issue of shares worth Rs 2,100 crore and Rs 1,568 crore through an OFS.
The IPO, scheduled to open for subscription on August 5 and close on August 9, aims to raise substantial capital to fuel Ola Electric’s growth and innovation.