Cafe chain Black Rock Coffee Bar raises $294 million in US IPO
- 12-Sep-2025
Black Rock Coffee Bar has raised $294.1 million in its U.S. initial public offering, the cafe chain said, setting the stage for a closely-watched consumer listing in the aftermath of the tariff turmoil. The Scottsdale, Arizona-based company sold about 14.7 million shares at $20, compared with its marketed range of $16 to $18 apiece. The […]
Chime targets $11.2 billion valuation in US IPO
- 02-Jun-2025
Digital banking startup Chime Financial said on Monday it was targeting a valuation of up to $11.2 billion on a fully diluted basis in its long-awaited New York initial public offering, underscoring the growing momentum in the new listings market. San Francisco, California-based Chime and some of its existing shareholders are seeking to raise up […]
Hyundai’s $3.3 billion India IPO to kick off next week
- 09-Oct-2024
Hyundai will roll out a $3.3 billion initial public offering of its India unit next week, executives said Wednesday, the biggest stock market debut in the world’s fastest-growing major economy. The price range for the IPO has been set at 1,865 rupees ($22.20) to 1,960 rupees per share, according to the company’s draft prospectus. The […]
Hyundai files for IPO that could be India’s biggest
- 15-Jun-2024
Hyundai Motor’s India unit sought regulatory approval on Saturday for a stock market listing in Mumbai which could be the nation’s biggest and will see the South Korean parent sell a stake of up to 17.5% in the company. The IPO will make it the country’s first car maker to go public in two decades […]
Reddit set for hotly anticipated debut
- 21-Mar-2024
Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange on Thursday, setting the stage for other companies looking to go public this year, while testing investor appetite for new issues. The San Francisco, California-based company priced its initial public offering (IPO) at the top end of the […]
Reddit seeks to launch IPO
- 18-Jan-2024
Social media platform Reddit has drawn up detailed plans to launch its initial public offering (IPO) in March, moving forward with a listing it has been eyeing for more than three years, according to people familiar with the matter. It would be the first IPO of a major social media company since Pinterest’s debut in […]
Reddit confidentially files to go public
- 16-Dec-2021
Reddit, known for its message boards that became the go-to destination for day traders during this year’s meme stock frenzy, said on Wednesday it had confidentially filed for an initial public offering with US securities regulators. Founded in 2005 by Steve Huffman and entrepreneur Alexis Ohanian, Reddit was valued at $10 billion in a private […]
India: Paytm falls for second day after debut debacle
- 22-Nov-2021
Digital payments firm Paytm fell for a second session on Monday, shaving off $7.75 billion from its market value since its dismal debut in India’s biggest initial public offering last week. Shares fell 17.78% as of 0733 GMT to 1,271 rupees compared with the offer price of 2,150 rupees. On the listing day on Nov. […]
Skies darken for Indian IPOs after Paytm’s diappointing debut
- 19-Nov-2021
Paytm’s dismal stock market debut this week is likely to put a damper on future offerings after the IPO of the digital payments firm ranked among the worst-performing in Indian history, six analysts and bankers said on Friday. Indian companies have raised a staggering $9.7 billion through initial share sales in the first nine months […]
Oprah-backed Oatly raises $1.4 billion in IPO
- 20-May-2021
Swedish vegan milk maker Oatly Group, which counts celebrities Oprah Winfrey and Natalie Portman among its backers, raised $1.4 billion in its U.S. initial public offering