Stake Sale

Markets

LIC share sale ends with partial retail subscription

India's $3.3 billion stake sale in LIC saw lower retail demand, with bids covering only 69% of shares reserved for individuals, contrasting with strong institutional interest.

1 min read5 Aug 2026
Markets

Institutional investors over subscribe LIC OFS, bid ₹36,400 crore, retail offer in 6.5% stake sale begins tomorrow

Institutional investors have over-subscribed the government's 6.5% share sale of LIC by 3.32 times of its base size, bidding ₹36,400 crore. The OFS opens for retail investors tomorrow, on 5 August, at floor price of ₹382/share.

3 min read4 Aug 2026
Companies

Bain Capital leads talks to buy majority stake in Cello World

Bain Capital is leading talks to acquire a controlling stake in Cello World from its promoters in a deal valued at over ₹3,000 crore, as private equity interest in India's consumerware sector gathers pace.

2 min read4 Aug 2026
Companies

Bodhi Tree in advanced talks to buy stake in Adyar Ananda Bhavan at ₹3,000-3,500 crore valuation

The development comes amid rising investor interest in India's restaurant and QSR space, with the rise of online food delivery and branded dine-in formats accelerating this shift.

3 min read16 Jul 2026
Markets

Govt reviews fresh bids for IDBI Bank as stake sale process gathers pace

The Centre and LIC plan to sell a combined 60.72% stake in IDBI Bank—30.48% held by the government and 30.24% by LIC—along with the transfer of management control. Together, they hold close to 95% of the bank.

2 min read14 Jul 2026
Companies

Temasek joins ADIA, SoftBank in trimming Lenskart stake with ₹1,940 crore block deal

Temasek sold a 2% stake in Lenskart worth about ₹1,940 crore, cutting its holding to 4.75%, as institutional investors continue to monetize holdings ahead of a busy IPO pipeline.

2 min read14 Jul 2026
Companies

Oxane Partners' founders eye majority sale at up to $250 mn valuation

The UK-based private credit software firm, built without external funding, has hired Avendus and Jefferies to explore a majority stake sale amid growing investor interest in fintech infrastructure.

2 min read14 Jul 2026
Companies

Global PE firm Invus nears ₹500 crore minority stake in restaurant operator Popo Ventures

Invus Group is close to investing ₹500 crore in Bengaluru-based restaurant operator Popo Ventures, underscoring rising private equity interest in India's fast-growing dining sector.

3 min read10 Jul 2026
Companies

Peak XV nets 12-fold gain on K12 Techno after Vitruvian infuses ₹1,159 crore

Peak XV Partners has achieved a remarkable 12-fold return on its investment after a substantial ₹1,159 crore influx from Vitruvian Partners into K12 Techno Services. This deal catapults K12's valuation and highlights its rapid growth in India's booming education market.

3 min read9 Jul 2026
Markets

IDBI Bank share price jumps 20% amid flurry of OFS by GoI-owned stocks

IDBI Bank shares rose nearly 20% as the government considers reviving its privatization. Options under review include reassessing previous bids from Fairfax Financial and Emirates NBD, which were rejected for not meeting the reserve price. A decision is expected soon to bolster non-tax revenue.

2 min read17 Jun 2026