Instacart planning to sell shares in IPO for $30 or more
September 19th, 2023 07:27
The company is heading to the bourse almost three years after it kicked off preparations for going public. A successful dash across the finish line by Instacart would help carry the momentum forward after strong debuts by Arm Holdings and RayzeBio last week.
Instacart valued at $9.9 billion as IPO market rebounds
September 19th, 2023 07:27
The valuation is a fraction of the $39 billion value that investors assigned to Instacart in a private fundraising round in March 2021, at the height of the COVID-19 pandemic which pushed consumers to order groceries at home.
RR Kabel shares to list on September 20, within 2 days of IPO closing
September 19th, 2023 01:27
The IPO, which comprised a fresh issue size of Rs 180 crore and an offer for sale (OFS) segment of up to 1.72 crore equity shares, closed on September 15. The share allotment was finalised on Monday, which too was earlier than the initially planned September 21. Investors will get shares on a lottery basis and the whole process will be supervised by the registrar
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