The Latest Breaking News from IPO

Anthropic reportedly plans a $2 trillion IPO in October—the largest ever—that will eclipse SpaceX

Everything you need to know before you reach the office this morning.

Fortune · Aug 13

Gaja Alternative Asset Management IPO sets price band for Rs 550 crore issue, opens August 19

Gaja Alternative Asset Management is set to launch its Rs 550 crore IPO on August 19, with a price band of Rs 152-160 per share. The issue comprises a fresh issue and OFS, with proceeds aimed at funding sponsor commitments and strengthening its investment portfolio.

The Economic Times · Aug 13

Credent Connect N Care raises Rs 26.53 crore from 10 anchor investors; Sunil Singhania's Abakkus Asset among top investors

Credent Connect N Care raised Rs 26.53 crore from 10 anchor investors ahead of its IPO, with Abakkus Asset Management emerging as the largest participant. The healthcare logistics company’s Rs 93.90-crore IPO opened on August 13 and will remain open until August 17. The issue carries a price band of…

The Economic Times · Aug 13

Shiprocket IPO Day 2: Subscribed 1.72x so far, GMP signals 35% listing gains, — Should you subscribe?

Shiprocket IPO entered Day 2 with 97% overall subscription on Day 1, driven by retail investors bidding 3.34 times. The grey market premium signals potential listing gains of 35% over the Rs 97 price cap. Major brokerages have issued 'Subscribe' ratings, citing strong positioning in India's expanding e-commerce ecosystem.

The Economic Times · Aug 13

Milky Mist Dairy Food IPO Day 3: GMP signals to 15% listing upside — Should you subscribe?

Milky Mist IPO GMP: Given the company’s growth prospects and positioning, Anand Rathi has assigned a “Subscribe – Long Term” rating to the IPO, suggesting that investors may consider the issue from a longer-term perspective rather than focusing solely on potential listing gains.

The Economic Times · Aug 13

US stocks: Londian Wason valued at $2 billion, biggest Chinese debut in New York in over a year

Copper foil producer Londian Wason has officially launched on the NYSE, reaching a remarkable valuation of more than two billion dollars. The firm raised ninety-four million dollars through an expanded offering ahead of its stock market debut. This is particularly noteworthy, as it represents the biggest Chinese IPO in the…

The Economic Times · Aug 12

SpaceX Stock Surges Past $135 IPO Price: What's Going On?

Space Exploration Technologies Corp (NASDAQ:SPCX) shares are trading higher on Wednesday. CEO Elon Musk told employees the company’s Starlink service has passed 13 million consumer subscribers and 22 million monthly Starlink Mobile users.

Benzinga · Aug 12

Shein's slowing growth tests investor appetite ahead of Hong Kong IPO

Shein’s upcoming IPO faces skepticism from investors due to a notable decline in growth rates. The fast-fashion giant is grappling with rising costs and evolving market dynamics that challenge its established business model. Concerns are mounting regarding whether Shein can replicate its previous growth trajectory that initially drew investor interest.

The Economic Times · Aug 12

Norway's Sovereign Wealth Fund Report Stake In SpaceX. Its Stock Rises.

SpaceX shares rose back above the company's IPO price on Wednesday after a tame inflation report and the disclosure from Norway's sovereign fund about a stake in the company.

International Business Times · Aug 12

A Westinghouse IPO Could Reset the Nuclear Stock Conversation

Cameco-backed Westinghouse Electric has filed confidentially for a potential IPO, a move that could ease Cameco's debt load and boost investor interest in nuclear stocks like NuScale Power and Fluor.

MarketBeat · Aug 12