Wednesday, May 1

Tag: SaleBhai

SaleBhai Finally Set to Launch IPO on 27th July
25Jul By Gauri SinghNo Comments
Market

SaleBhai Finally Set to Launch IPO on 27th July

SaleBhai’s IPO has been a trending news from the past few days. And with a confirmation, it has been reportedly announced that the early-stage B2C e-commerce startup is now all set to make an initial public offer (IPO) on the 27th July 2018. As stated earlier in one of our articles, Salebhai is the first startup to raise funds through public route by getting listed on BSE SME platform at such an early stage. With BSE SME in principle approval received on 22nd May 2018, the Ahmedabad-based online company is all set to be the first B2C e-commerce company to raise money through IPO under the BSE SME platform. Also Read: https://pixr8.com/entrepreneur/exclusive-interview-of-salebhai-founders-prior-to-the-launch-of-ipo/ for the exclusive interview of co-founder Vishwavijay Singh with Pixr...
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Exclusive Interview of Salebhai Founders Prior to the Launch of IPO
9Jul By NitishNo Comments
Entrepreneurs Talk

Exclusive Interview of Salebhai Founders Prior to the Launch of IPO

Amidst all the trending news regarding the IPO and BSE SME platform, our platform was quite curious to know more about the SaleBhai IPO issue and also to know about the various things that were not disclosed by the company. Therefore, we conducted an exclusive interview with one of the co-founders of SaleBhai, Vishwavijay Singh and he answered all our questions and disclosed various details that were not known as of now. For the very first time, the co-founder revealed the amount that the company is going to raise from the IPO. Apart from this, IndiaMart's IPO has also been approved and it will also be listed under the BSE SME platform. Here we have the list of those questions and their answers in the words of Vishwavijay Singh. This exclusive interview will surely help you know SaleBha...
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Online Startups That Are Listed Under Stock Exchange
9Jul By Gauri SinghNo Comments
Market

Online Startups That Are Listed Under Stock Exchange

What is the stock exchange? In simple words, stock exchange refers to an organized market in which securities are bought and sold. If we go into the detailed description, the prices at which these securities are bought and sold are regulated by the forces of demand and supply. The stock exchange basically is an investment intermediary for corporations, governments, municipalities, and other incorporated bodies where they can raise capital by channeling savings of the investors in various productive ventures. The other purpose served by the stock exchange is that the investors can sell their securities to other investors for cash. These exchanges impose various rules and regulations on the firms and brokers that are involved with them. If a particular company is traded on an exchange,...
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Top 5 Stories Of The Week (2nd July – 7th July)
7Jul By Gauri SinghNo Comments
Story

Top 5 Stories Of The Week (2nd July – 7th July)

This week was quite eventful in terms of business and startup activities. Many companies came up with a number of business strategies and plans. The most trending topic that buzzed the readers this week was about the Reliance Industries, that became India’s largest tax-paying private company. Apart from this, there were many other news as well that were trending around the social media and news portals. So, here we have the summary of the top 5 stories of the week that were trending and buzzed the readers:         1) Reliance Becomes India’s Largest Tax-Paying Private Company   Mukesh Ambani, the Chairman of Reliance Industries said that Reliance has become first Indian private sector company paying 9,844 crore tax and 26,312 crore of cus...
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Online Startup SaleBhai Received BSE Approval for SME IPO
3Jul By AnkitaNo Comments
Market

Online Startup SaleBhai Received BSE Approval for SME IPO

New Delhi, 3rd July, 2018: B2C e-commerce company SaleBhai Internet Limited, the owner and operator of SaleBhai.com have received BSE approval for its Initial Public Offering (IPO) on SME Platform of BSE. The company had filed a Draft Prospectus (DP) with BSE for listing on the SME platform of BSE Ltd on May 17, 2018, and has now received in-principle approval from BSE. BSE’s approval means that the Ahmedabad-based E-commerce startup will be the first to raise money through public route at such an early stage. Salebhai had already received funding and support from 71 high net worth individuals. This interest from existing customers propelled the company to raise money from the general public through an IPO. Commenting on the IPO, Vishwavijay Singh, Co-Founder, SaleBhai, said, “We ...
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Food Marketplace SaleBhai Files for IPO on BSE
23May By Lavina TolaniNo Comments
Market

Food Marketplace SaleBhai Files for IPO on BSE

 SaleBhai Internet Pvt Ltd, an online marketplace for specialty foods has filed a draft prospectus with the BSE's SME platform to launch initial public offering intending to raise about Rs. 24 crore. The Ahmedabad based company that offers a varied marketplace for specialty food such as snacks, sweets, bakery items, dried syrups, chocolates and confectionery has confirmed to issue 22,59,600 equity shares, offering 26.58 percent of the company's equity in the market while listing on Bombay Stock Exchange. The IPO has been assigned a fixed price of Rs. 105 per share that will result in stake dilution of 26.58%. Interestingly, the company claims to be the very first B2C e-commerce startup firm to have filed for an SME IPO. The e-commerce firm intends to use the funds raised through I...
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