Madhav Chanchani’s Post

NLB decided to 𝗶𝗺𝗽𝗿𝗼𝘃𝗲 𝘁𝗵𝗲 𝗼𝗳𝗳𝗲𝗿 𝗽𝗿𝗶𝗰𝗲 for the voluntary public takeover offer aimed to acquire control over Addiko Bank to 𝗘𝗨𝗥 𝟮𝟮.𝟬𝟬 𝗽𝗲𝗿 𝗔𝗱𝗱𝗶𝗸𝗼 𝘀𝗵𝗮𝗿𝗲 on a cum dividend basis. This attractive 10 % improvement of the Share Offer Price implies a premium of 34.4 % compared to the six-month volume-weighted average share price of EUR 16.37 as of 14 May 2024, the last trading day prior to NLB's announcement to launch a full takeover offer for Addiko. NLB’s CEO Blaž Brodnjak commented: “NLB remains convinced that the acquisition of Addiko would accelerate our ambitions in consumer and SME finance and digitalisation, while providing indirect entry to Croatia, the largest economy in our home region and the missing bridge among domestic Slovenian and other strategic markets of the Group. NLB’s revised Offer Price represents a transparent, equally treating, and compelling opportunity for all Addiko shareholders to realise their investment in full, in cash and at a highly attractive premium relative to Addiko’s undisturbed share price." 𝗧𝗵𝗲 𝗢𝗳𝗳𝗲𝗿 𝗶𝘀 𝗼𝗽𝗲𝗻 𝗳𝗼𝗿 𝗮𝗰𝗰𝗲𝗽𝘁𝗮𝗻𝗰𝗲 𝘂𝗻𝘁𝗶𝗹 𝟭𝟲 𝗔𝘂𝗴𝘂𝘀𝘁 𝟮𝟬𝟮𝟰. Please find more information on the link: https://bit.ly/3Wm1msj

less monopoly of banking in a market where banking is below the EU average (lowest savings interests in EU, highest loan interest in EU, least money lended through loans in the EU) is not a good idea IMHO. The market for banking is not as closed as it once was, and legally, EU citizens can have have their main banking account at any EU bank and the conditions and costs aren't even comparable.

Zepto plans to file for IPO in Q1 2025.🤯🤯🤯 1st Quick Commerce co of INDIA to launch IPO. in FY 24 zepto reported loss of ₹1249 crores & in FY 23 loss of ₹1272 crores. I don't understand that , with such financial position, how they plans for IPO & why zepto spreading such news in market which is not possible, because as per conditions applied by SEBI , co should have operating profits and positive net worth in atleast 2 out of 3 FY. #finance #SEBI

🚀 Zepto Shifts Holding Company Back to India! 🇮🇳 Big moves in the quick commerce industry! Aadit Palicha-led Zepto has received approval from the National Company Law Tribunal (NCLT) to transition its holding company from Singapore to India. Effective Jan. 9, 2025, Mumbai-based KiranaKart Technologies Private Limited will now serve as the primary holding entity, replacing Singapore-based Kiranakart Pte. Ltd. With no objections raised, the NCLT highlighted that RBI approval was not necessary under current regulations, paving the way for this cross-border amalgamation. This strategic shift positions Zepto for a stronger domestic presence, aligning with its upcoming IPO plans. 🚀 #Zepto #StartupNews #QuickCommerce #India #NCLT #CrossBorderAmalgamation #IPO #Business #IndianEconomy #Innovation #Entrepreneurshippp

The Malaysia #IPO market has been on fire in 2024, with 19 companies going public year-to-date. The top gainer, Farm Price (0304), saw its share price soar over 70% on its first day of trading! This is a great sign for the Malaysian economy and for investors looking for new opportunities. Now, with #Moomoo's new Malaysian #IPO service, you can easily invest in these exciting offerings. Our user-friendly platform and competitive fees make it simple to get started. Here's a quick look at some of the top performers:   🎈 Farm Price (0304) - Up 70.83% on its first day 🎈 Kawan Renergy (0307) - Up 165.00% since its IPO  🎈 Feytech (5322) - Up 40.00% since its IPO Check out our website for more details on upcoming IPOs: https://lnkd.in/g9tDNFDJ Disclaimer: Investment involves risk. Past performance is not necessarily indicative of future results. #Moomoo #IPO #Malaysia #StockMarket #MarketInsights #Investing #Simplified

Malaysia, Indonesia to battle for IPO supremacy in 2025 as signs point to Asean market comeback https://lnkd.in/ec9nRXga

The IPO could potentially raise between US$200 million and US$300 million for Superbank, with a target valuation estimated between US$1.5 billion and US$2 billion. https://lnkd.in/gATuiCH4 - with Emtek (PT Elang Mahkota Teknologi Tbk) Grab Singtel 카카오뱅크 Kakaobank #IPO #Funding

𝐀𝐥𝐦𝐚𝐣𝐞𝐝 𝐎𝐮𝐝 𝐬𝐡𝐚𝐫𝐞𝐬 𝐝𝐞𝐛𝐮𝐭 𝐨𝐧 𝐓𝐀𝐒𝐈 𝐭𝐨𝐝𝐚𝐲 📈 IPO Trading: Almajed Oud Co. begins trading on Tadawul (Saudi Exchange) today, Oct. 7, under the symbol 4165 at SAR 94 per share. 📊 Price Limits: First three days of trading will see ±30% daily and ±10% static price fluctuation limits; thereafter, daily limits revert to ±10%. 🏦 IPO Highlights: The company offered 7.5 million shares (30% of its capital). 80% went to institutional investors, 20% to retail investors. 🔄 Oversubscription: Retail tranche oversubscribed by 821.3%, institutional by 156.5x. Each retail investor received a minimum of six shares, with a 0.76% allotment ratio. 🏅 2024 Market Overview: Ninth company to list on TASI in 2024, following seven listings in 2023. 🏬 Company Profile: Founded in 1982, Almajed Oud Co. specializes in perfumes, oud, incense, and oils, operating 286 stores and an online platform. 💼 Shareholders: Major shareholders include Khalid, Saad, Souleiman, Ali, Badr, and Mohamed Almajed. Post-IPO, the public holds 30% of the company #Startup #SeedFunding #VC #VentureCapital #Investing #InvestmentStrategy #FinancialPlanning #WealthManagement #PersonalFinance #StockMarket #MarketAnalysis #PortfolioManagement #Finance #FinancialLiteracy #InvestmentPrinciples #LongTermInvesting #FinancialGoals #Diversification #RiskManagement #CompoundInterest #InvestorMindset #EconomicTrends #FinancialGrowth #SahmCapital #Investing #OnlineTrading #StockMarket #ETFs #REITs #OptionsTrading #FinancialServices #InvestmentPlatform #RealTimeData #TradingTools #InvestmentEducation #ShariaCompliant #SaudiMarket #USMarket #CapitalMarketAuthority #WealthManagement #FinancialPlanning #InvestmentOpportunities #ArabicInvestments #M&A #IPO #CFA #Tadawul #Merger #Acquisition #TransferableIqama #ImmediateJoining

TBO Tek Ltd, a leading travel distribution company, has received approval from the Securities and Exchange Board of India (Sebi) to raise funds through an Initial Public Offering (IPO). The company, which filed its preliminary IPO papers in November 2023, received the regulator’s observations during April 15-16, indicating that it can proceed with the public issue. In SEBI’s parlance, its observations mean it’s going ahead to float the public issue. TBO Tek’s maiden public issue comprises a fresh issue of equity shares aggregating up to Rs 400 crore and an Offer For Sale (OFS) of up to 15,635,996 equity shares by promoters and investors, according to the Draft Red Herring Prospectus (DRHP). TBO.COM Gaurav Bhatnagar Ankush Nijhawan Manish Dhingra #TBOTek #TBOIPO #SEBI

#News | OYO is reportedly seeking new funding at a significantly lower valuation, with talks ongoing with investors, including Khazanah, Malaysia's sovereign wealth fund. Founder Ritesh Agarwal bought $2 billion in shares from Sequoia Capital and Lightspeed Venture Partners. The potential valuation, currently around $2.5 billion, has sparked speculation about Oyo's IPO plans. #RealtyNXT #Oyo #Valuation #VentureCapital #IPO #OyoIPO #Funding #HotelChain #Funding