Stake Sale
NSE said to invite i-bank pitches for much-awaited IPO
NSE has issued RFPs to investment banks for its upcoming IPO, targeting an adviser selection by April. The move follows Sebi’s 30 January no-objection clearance.
2 min read26 Feb 2026Global PE firms line up for IndiaRF’s Synthimed Labs in $150-200 million deal
General Atlantic, KKR and CVC are among global PE firms evaluating a minority stake in IndiaRF-backed Synthimed, which is seeking a $1 billion valuation ahead of a planned IPO.
4 min read24 Feb 2026Novartis AG to sell entire 70.68% stake for ₹1,445.89 crore in India unit; stock jumps 18%
Novartis India shares rose 18% after Novartis AG agreed to sell its 70.68% stake to a consortium, triggering a mandatory open offer. The open offer allows public shareholders to tender 26% of equity at ₹860.64 per share, marking a significant control shift.
3 min read20 Feb 2026BHEL OFS opens today for retail investors - Apply or not?
The OFS for BHEL is set at a floor price of ₹254, with the government offloading a 3% stake. Analysts recommend a gradual accumulation approach, emphasizing that the stock is more suited for patient investors.
3 min read12 Feb 2026BHEL stake sale opens on Wednesday, govt may offload up to 5%
The government aims to sell 3% in BHEL, with a green shoe option to divest an additional 2%. The sale is part of the government's divestment plan for FY26.
1 min read10 Feb 2026Wonder Products Group explores 30-35% stake sale for about $250 million, engages PwC as advisor
The valuation discovery is still underway as the company aims to professionalize ahead of a public listing. Established in 1994, it specializes in contract manufacturing for personal care and cosmetics.
2 min read5 Feb 2026Hindustan Zinc OFS: Vedanta board approves 1.59% stake sale in metal company amid sharp rally. Check details
Vedanta announced its Committee of Directors approved the sale of up to 6.7 crore equity shares of Hindustan Zinc, representing a 1.59% stake, via an offer-for-sale route, adhering to regulations set by the Securities and Exchange Board of India.
1 min read27 Jan 2026Axis keeps all options open for infusing capital in non-bank arm Axis Finance
The bank planned to cut stake in Axis Finance. But the central bank last month withdrew its draft circular, allowing banks to continue with overlapping non-bank lending operations through their subsidiaries.
2 min read26 Jan 2026PE firm Kedaara Capital emerges front-runner to buy majority stake in Tynor Orthotics
Kedaara Capital is set to acquire a majority stake in Tynor Orthotics at a ₹3,500–4,000 crore valuation, enabling Lighthouse Funds’ exit and funding the company’s next phase of expansion.
2 min read7 Jan 2026Samsung Life, BNP, Norwest, Prudential Plc eye stake in IndiaFirst Life Insurance
Samsung Life, Prudential Plc, BNP Paribas and Norwest Venture Partners are evaluating the purchase of Warburg Pincus’s stake, in what insiders describe as a pre-IPO transaction that could value the insurer at over ₹10,000 crore.
3 min read29 Dec 2025