Credila Financial Services Files Updated DRHP with SEBI for ₹5,000 Crore IPO
Credila Financial Services Ltd, India’s leading education-focused NBFC, has filed an updated Draft Red Herring Prospectus (UDRHP-I) with the Securities and Exchange Board of India (SEBI) to launch its much-anticipated ₹5,000 crore Initial Public Offering (IPO). According to the draft papers, the IPO comprises a fresh issue of equity shares worth ₹3,000 crore and an Offer for Sale (OFS) aggregating ₹2,000 […]
Jio Financial Services Gains Momentum as SEBI Approves Jio BlackRock Broking for Stock Brokerage Operations
Jio Financial Services is making headlines again as its joint venture with global investment giant BlackRock has received the final approval from SEBI to start operations as a stock broker. The newly formed entity, Jio BlackRock Broking, is now poised to enter India’s fast-growing digital investing ecosystem, aiming to disrupt the traditional broking space with innovative, […]