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Aegis Vopak Terminals launched its IPO on May 26, aiming to raise 2,800 crore through a fresh issue of shares. Initial subscription rates were modest, with retail investors showing more interest than other categories. The funds will be used for debt repayment, acquiring a cryogenic LPG terminal, and general corporate needs, with shares expected to list on June 2.
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Groww, the Indian online investment platform, has confidentially filed draft papers with the market regulator for an IPO aiming to raise between $700 million and $1 billion. The IPO will include a fresh issue of shares and stake sales by existing investors.
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News and Media
Nicolas Maduro's party dominated Venezuelan elections amid an opposition boycott protesting his disputed re-election. The ruling party secured a majority of governorships and a significant percentage of National Assembly votes, while turnout was notably low.
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News and Media
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