Sequoia Capital, Warburg Pincus, and Avataar Ventures backed Capillary Technologies files for IPO
Capillary Technologies (India) Limited, a company that offers artificial intelligence (“AI”)-based cloud-native Software-as-a Solution (“SaaS”) products and solutions to develop loyalty of their consumers and channel partners filed its draft red herring prospectus (DRHP) for its Rs 850 crore initial public offering (IPO). The initial public offering (IPO) with a face value of Rs 2 […]
Blackstone stuck with IPO duds this year including Bumble, Oatly
It has been a record-breaking year for IPOs, but it has also been a mixed bag — and billionaire Stephen Schwarzman’s Blackstone Group is among those investors who are picking through their duds. The private-equity giant has held a significant ownership stake in 10 companies that went public on the New York Stock Exchange or […]
Buyout Executives Bank Billions in Record Year for Firm Floats
A record number of private equity firms went public this year as deal-savvy buyout executives took advantage of a booming market for initial public offerings — a trend that looks set to continue into 2022. Six private equity firms went public in 2021, Dealogic data show, equalling the combined total of the previous five years. […]
Global private equity firm TPG to list in New York
Private equity firm TPG has submitted paperwork for an initial public offering in the United States, according to a regulatory filing on Thursday, as it seeks to better compete with its publicly traded peers. Fort Worth, Texas-headquartered TPG, which did not reveal the number of shares it plans to sell or the indicative price range, […]
Colgate Energy plans first major U.S. oil producer IPO since 2018
The private equity owners of Colgate Energy Partners III are preparing to float the shale oil producer on the stock market at a valuation approaching $4 billion, including debt, according to people familiar with the matter. Pearl Energy Investments and NGP, the buyout firms that own Colgate Energy Partners III, are working with Credit Suisse […]
Nubank debuts with $52 bln market cap, becomes Brazil’s third most valuable public firm
Digital lender Nubank’s shares opened 25% above the offer price in their stock market debut on Thursday, giving the company a market capitalization of nearly $52 billion, making it the third most valuable listed firm in Brazil. On Wednesday, Nubank priced its initial public offering at the top end of a range it had lowered earlier […]
Software maker HashiCorp valued at $16 bln in Nasdaq debut
HashiCorp Inc’s shares rose as much as 11% in their Nasdaq debut on Thursday, valuing the cloud software vendor at nearly $16 billion and marking one of the biggest listings in the enterprise software sector this year. The company priced the sale of 15.3 million shares above its targeted range of $68 and $72 in its […]
China’s SenseTime discussing fate of $767 mln Hong Kong IPO with exchange
Chinese artificial intelligence startup SenseTime Group is discussing the fate of its planned $767 million Hong Kong initial public offering (IPO) with the city’s stock exchange on Friday, two people with direct knowledge of the matter said. The deal launched on Monday for the company to sell 1.5 billion primary shares within a price range […]
Software firm HashiCorp seeks up to $13 bln valuation in U.S. IPO
HashiCorp Inc said on Monday it is targeting a valuation of up to $13 billion in its initial public offering in the United States, as the company seeks to take advantage of the high investor interest around enterprise software firms. The San Francisco-based company said it is targeting a sale of 15.3 million shares priced […]
Brazil’s Nubank slashes IPO valuation target to about $40 bln
Brazilian digital bank Nu Holdings slashed the targeted price range for its U.S. stock market flotation by about 18% on Tuesday, as a recent global selloff in technology stocks weighs on year-end initial public offerings. The company, known as Nubank, had earlier aimed for an IPO valuation of more than $50 billion on the back […]
