Darshan Rane

Jan 8, 2025 | ionanalytics.com | Darshan Rane |Keane Hoo

News (Intelligence) SummaryIssue expected to be a mix of primary, secondary share issuanceListing targeted for 2H25, with DRHP filing in 1H25Digital car-retailing platform CarDekho has appointed IIFL, Axis Capital, Goldman Sachs and Nomura as bookrunning managers for its initial public offering, according to two sources familiar with the situation.

Jan 29, 2024 | ionanalytics.com | Lucy Chapman |Perris Lee |Feier Wang |Darshan Rane

Back in the days when China was the world’s largest source of initial public offerings (IPOs) and its economy grew apace, any attempt to draw an analogy between China and India – the world’s two most populated countries – would probably invite many rolling eyeballs. But the tides have changed. And the changes have come thick and fast.

Dec 14, 2023 | ionanalytics.com | Mimi Lee |Darshan Rane |Raj Saiya

The entry of private equity firms RedBird Capital Partners and CVC Capital Partners into India’s IPL cricket league in 2021 marked a tectonic shift in the country’s sporting industry, until then dominated by corporate ownership. RedBird – which has interests in Italian football club AC Milanand the Boston Red Sox, among others, – picked a 15% stake in the Rajasthan Royals for an undisclosed sum.

Jul 17, 2023 | community.ionanalytics.com | Darshan Rane |Gao Ruike

By Gao Ruike and Darshan Rane Rising interest rates and an upcoming general election have forced Indian dealmakers to take a much-needed rest after frenetic activity in recent years. Dealmaking volumes in India have fallen to the lowest level in the year-to-date (YTD, as of 19 June 2023) since YTD17 due to a slump in domestic deals in finance, technology and construction. The plunge was much larger than in other large Asian markets such as China, Japan or South Korea.

May 29, 2023 | community.ionanalytics.com | Darshan Rane

By Darshan Rane BharatPe, a Gurugram, India-based financial services company is working with Citi to gauge investor interest in an initial public offering, according to two sources familiar with the situation.  The company backed by Tiger Global and Sequoia Capital is in an exploratory stage and may even look at a funding round before the IPO, the first source noted. Details including IPO size and timeline would be discussed at a later stage, the source said.