by Vora Corporate Finance | Oct 28, 2024 | Insights, Merger & Acquisitions
Transaction: Max Healthcare entered into a strategic agreement with Lakshdeep Group to acquire 63.65% stake of Jaypee Healthcare at an EV of Rs. 1,660 Crores, amidst insolvency process. Under the agreement, it will organise debt for repayment of financial creditors of...
by Vora Corporate Finance | Oct 28, 2024 | Insights, Private Equity & IPO
There were 13 main board IPOs in September 2024 of Premier Energies Limited, ECOS (India) Mobility & Hospitality Limited, Bazaar Style Retail Limited, Gala Precision Engineering Limited, Shree Tirupati Balajee Agro Trading Limited, Kross Limited, Tolins Tyres...
by Vora Corporate Finance | Oct 28, 2024 | Insights
The BSE Sensex closed at 84,300 up by 2.35% and the Nifty 50 closed at 25,811 up by 2.27% in September 2024. Markets initially rallied by positive investor sentiments of a more than usual interest rate cut by the US Federal Reserve. However, in the last week of month,...
by Vora Corporate Finance | Oct 26, 2024 | Articles
The India Economy showed resilience amidst global uncertainity during the month of April. GDP growth surged to 8.4% in Q3, driven by manufacturing, mining and construction sectors. The equity markets continued their bullish run and ended the month with the NSE Nifty...
by Vora Corporate Finance | Oct 26, 2024 | Insights, Private Equity & IPO
Transaction: Jewellery retailer Bluestone secured Rs 900 crore in a pre-IPO funding round, raising its valuation to around $970 million (approximately Rs 8,100 crore). About Bluestone Jewellery: Launched in 2011, the second-largest omnichannel jewellery retailer in...