For Quick Alerts
For Daily Alerts

Just Dial, Bharat-Matrimony and HomeShop18 may launch IPO

By Religare
Just Dial, Bharat-Matrimony and HomeShop18 may launch IPO
Buoyed by the smart rally in equities in the past one month, three leading internet firms of India-- Just Dial, and HomeShop18—are planning to launch Initial Public Offers (IPOs) within next 12 months.

Analysts said that it would be beneficial for venture capitalists struggling to exit with profits. IPOs will boost confidence among global investors.

Just Dial, a web based local search service, has already received approval for IPO from Sebi in April and plans to raise USD 700 million, in the country's largest ever fund raising by an internet firm.

Similarly, BharatMatrimony is planning to raise USD 125 million later this year followed by Home-Shop 18 which may hit the street in 2014.

Experts said that strong IPOs will encourage risk capital managers in India to exit from their ventures.

Read more about: ipo
Company Search
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more