IPO
Zerodha's Nithin Kamath Reveals 20% of Groww IPO Applications Come From Their Customers as Rival Firm Goes Public
Nov 06, 2025 06:54 pm CST
Zerodha co-founder Nithin Kamath congratulates rival brokerage Groww on their IPO launch, revealing that 20% of applications are from Zerodha customers. The Rs 6,632.3 crore Groww IPO has seen strong retail investor participation with 4.46x subscription, having already secured Rs 2,985 crore from anchor investors. The subscription window closes November 7, with stock listing expected by November 12 on BSE and NSE.
OpenAI CFO Confirms No Immediate Plans for IPO While Seeking Government Support for AI Chip Financing
Nov 06, 2025 11:32 am CST
OpenAI's Chief Financial Officer Sarah Friar has dismissed immediate IPO plans despite previous reports suggesting a potential trillion-dollar valuation. Following a major corporate restructuring valued at $500 billion, the company is focusing on scaling operations and seeking US government support to guarantee financing for AI chips, which would reduce costs and increase loan-to-value ratios for their expanding data center investments.
7 Companies Including Meesho and Shiprocket Secure Sebi Approval for Rs 7,700 Crore IPOs
Nov 03, 2025 08:13 pm CST
Seven companies, led by e-commerce giants Meesho and Shiprocket, have received regulatory approval from Sebi to raise approximately Rs 7,700 crore through initial public offerings. This development comes amid India's booming primary market activity in 2025, with Meesho planning to raise Rs 4,250 crore and Shiprocket targeting Rs 2,000-2,500 crore. Other approved companies include German Green Steel and Power, Allied Engineering Works, Skyways Air Services, Rajputana Stainless, and Manika Plastech.
Sam Altman's $1.4 Trillion Vision: Inside OpenAI's Ambitious Scale-Up Plan Following Microsoft Deal
Oct 29, 2025 09:14 pm CST
OpenAI CEO Sam Altman unveils an unprecedented $1.4 trillion plan to develop 30 gigawatts of computing resources following a landmark restructuring deal with Microsoft. As the company pivots toward a potential IPO, Altman aims to transform the $500 billion enterprise into an AI powerhouse generating hundreds of billions in annual revenue, despite skepticism about funding feasibility and criticism from former associates including Elon Musk.
Why Zoho Refuses to Go Public: Sridhar Vembu Prioritizes Innovation Over Quarterly Pressure
Sep 29, 2025 06:20 pm CST
Zoho co-founder Sridhar Vembu explains why his company remains private despite pressure to go public, emphasizing that long-term innovation projects like Arattai messaging app wouldn't survive in a public company environment focused on quarterly results. The Chennai-based tech firm continues investing in ambitious R&D across multiple domains while experiencing rapid growth of its WhatsApp alternative.