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 2026Institutional 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 2026Bain 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 2026The 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 2026The 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 2026Temasek 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 2026The 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 2026Invus 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 2026Peak 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 2026IDBI 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.
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