Tag Archives: listing

CreditAccess Asia Planning IPO ?

Netherlands-based Asian microfinance holding company CreditAccess Asia is reportedly planning to invest Rs.1000 crore in Asia, including India where its subisdiary Grameen Koota is fourth largest in the country. CreditAccess Asia (CAA) has recently raised about Rs 671 crore via equity capital, including Rs 212 crore from Asian Development Bank (ADB), funding from existing investor Olympus Capital Asia and another ...

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SEBI Moves to Save Start-ups with Rs.250-Crore Cap

In view of comeptition with many overseas venture capitalists pouring in funds in IT-related startups, the Securities and Exchange Board of India on Tuesday decided to relax the norms of Initial Public Offer (IPO). The new fast-track route can be tapped by companies with public shareholding worth as low as Rs 250 crore and the board said it plans to ...

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