Essayer OR - Gratuit
Gaja Cap to raise up to ₹600 cr in IPO, hires bankers
Mint New Delhi
|February 01, 2025
Gaja Capital has appointed JM Financial and IIFL Securities for the planned IPO, two people told Mint
Gaja Capital plans to raise ₹500-600 crore through an initial public offering, making it the first standalone Indian private equity firm to list its shares on the exchanges.
The firm has appointed merchant bankers JM Financial and IIFL Securities for the planned IPO, two people familiar with the matter told Mint, asking to remain anonymous.
The company is expected to file a draft red herring prospectus in the next few months, with the IPO planned by June 2025, the first person said. The IPO is likely to be an issue of fresh shares.
A spokesperson for Gaja declined to comment on the matter. Emails sent to IIFL and JM Financial remained unanswered till press time.
Cette histoire est tirée de l'édition February 01, 2025 de Mint New Delhi.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint New Delhi
Mint New Delhi
Science at the political table
'The Man who Fed India' is a diligent record of India's most impactful agriculture scientist, M.S. Swaminathan
5 mins
October 11, 2025
Mint New Delhi
Coming: A one-helpline fix for all farm grievances
Farmers may soon have just one number to call for every grievance—from crop insurance delays to fake fertilizer complaints.
1 mins
October 11, 2025
Mint New Delhi
Prosus buys 10% stake in Ixigo parent for ₹1,295 cr
Travel tech platform Ixigo has sold a 10% stake in the company to Dutch investor Prosus for ₹1,295 crore, which it plans to use primarily for investing in artificial intelligence, expanding its hotel business, and acquisitions.
1 min
October 11, 2025
Mint New Delhi
Funds sidestep MF Lite over curbs, high AUM threshold
Ten months since Sebi debuted light-touch regulation for passive funds, no one has signed up
2 mins
October 11, 2025
Mint New Delhi
Investors aren't too excited about TCS's biggest bet
“We are on a journey to become the world’s largest artificial intelligence (AI)-led technology services company,” said Tata Consultancy Services (TCS) Ltd’s chief executive K. Krithivasan in prepared remarks on Thursday after announcing it will spend over $6 billion in about six years to set up data centres.
2 mins
October 11, 2025
Mint New Delhi
Jindal Stainless bets on green energy to protect EU exports
Nearly 65% of the ₹700-800 cr investment will be towards power purchase pacts, says MD
2 mins
October 11, 2025
Mint New Delhi
The three instigators
STREAM OF STORIES
4 mins
October 11, 2025
Mint New Delhi
A threadfin stew, and the idea of home
Cynics would say I am rootless. I'd say I am rooted in many places. I've lived in Bengaluru for 26 years, Delhi for 17. Bengaluru is the place I consider home, I speak Kannada passably, and I am deeply attached to the people and the city. Yet, I can't say I truly belong. I never really took to Delhi and its culture, although I speak Hindi decently. Mumbai is always exciting and feels like home for about a week, after which I'd rather go home. My Marathi is good enough to fool the locals for a while, and I like hearing my mother's tales of her life there—it gives me some feeling of closeness.
2 mins
October 11, 2025
Mint New Delhi
A history of maps to put people in place
A handsome new volume chronicles the complex evolution of India's geography through rare and priceless maps
2 mins
October 11, 2025
Mint New Delhi
Norms for hazardous chemicals tightened
The government has overhauled more than four-decade-old safety codes that govern the production, handling, and storage of hazardous chemicals, as it seeks to bolster industrial safety and prevent chemical-related mishaps in India.
1 min
October 11, 2025
Listen
Translate
Change font size