🚀 OfBusiness: Strong Growth, Financial Performance & Upcoming $1 Billion IPO 🚀 OfBusiness, India’s largest platform for raw materials procurement and credit solutions, continues to lead innovation in the B2B sector. Backed by top investors like SoftBank, Tiger Global, and Kotak Mahindra, the company is making significant strides in empowering businesses across the country. A profitable startup, OfBusiness is already valued at $5 billion in the private market and is now targeting a $9 billion valuation with its upcoming IPO, aiming to raise up to $1 billion to fuel further growth and expansion. 📊 Impressive Financials for FY24: 1) Net Profit: Up 30%, reaching Rs 603 crore (vs. Rs 463.25 crore in FY23) 2) Operating Revenue: Grew 26%, totaling Rs 19,296.27 crore With strong financials, a large-cap valuation, and a solid growth trajectory, OfBusiness is set to redefine the B2B landscape as a profitable startup and continue its path of innovation and success! #IPO #OfBusiness #B2B #Investment #SoftBank #TigerGlobal #KotakMahindra #Valuation #IndianStartups #LargeCap #ProfitableStartup #Growth #FinancialResults #BusinessInnovation #BusinessGrowth
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Breaking records in business growth 📈 India witnesses unprecedented success with over 1.85 lakh companies registered in FY 2023-24. March 2024 alone saw the establishment of nearly 16,600 new companies. Join India IPO as we celebrate the flourishing entrepreneurial spirit driving India's economy forward. 💼🌟 #indiaipo #IPOIndia #ipoadvantages #ipoprofit #IPO #initialpublicoffering #stockmarketindia #investing #equity #newlisting #marketlaunch #GoingPublic #IPOInvesting #capitalmarket #IPOAlert #IPOWatch #ipocalendar #iponews #IPOAnalysis #ipoprocess #BusinessGrowth #Entrepreneurship
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2024 has been a whirlwind year for Indian IPOs! While some companies have soared on the stock market, others haven't been as fortunate. Let's delve into both sides to understand what's driving these contrasting performances. → Top Gainers Several IPOs have become investor favourites, delivering impressive gains since their listing. Jyoti CNC Automation Ltd. leads the pack, surging a massive 209.53% from its offer price! Exicom Tele-Systems Ltd. and BLS E-Services Ltd. follow closely behind with significant growth of 121.3% and 81.89%, respectively. These companies, representing diverse sectors like manufacturing solutions for computerised machine cutting tools, power management solutions, and technology-enabled digital services, highlight the abundant opportunities the Indian market offers. → Top Losers Not every IPO story has a happy ending. Some companies, like M.V.K. Agro Food Product Ltd., witnessed a steep decline of 30.88% on their listing day. This decline continued, with their share price dropping to a current loss of 65% from the issue price. Italian Edibles Pvt. Ltd faced a similar fate, experiencing a 15.07% loss on the first day and a total loss of over 51% currently. Check the carousel for more detailed outline 👇🏼 → Key Takeaways for Investors The contrasting performances of these IPOs offer valuable lessons for investors. While there's always the potential for high gains, careful due diligence is crucial. → Here are some pointers to consider: - Company Fundamentals: Analyse the company's financial health, growth potential, and management expertise. - Market Conditions: Understand the overall market sentiment and industry trends. - Valuation: Assess whether the IPO price reflects the company's true value. - Listing Day Performance: While not a definitive indicator, a weak listing day can be a red flag. #stockmarket #IPO #IndianIPO #stocks #companies #startup #startups #business #CorpwisAdvisorsPrivateLimited
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Several startups in India fail to turn their business dream of getting their company listed on the Indian stock exchange into reality just because they feel that the IPO process is full of complexities and legalities. A lack of awareness keeps them away from pursuing their dream the whole life, and as a result, a company that has all the potential to go public fails to create a name in the financial world. At India IPO, we are committed to making your IPO journey seamless and successful. We understand the challenges and are here to guide you every step of the way. Not only do we provide a comprehensive guide on the entire IPO process through our blogs, articles, and videos, but we also have a team of experienced financial analysts and experts who propose the best solutions to problems existing in your financial factsheet and your business expansion plans. Do not let perceived complexities and legal intricacies of the IPO process deter you from pursuing your dream. Kickstart your IPO journey with India IPO today by reaching out to us at +91 965060-37280 or you can shoot us an email at info@indiaipo.in #indiaipo #ipo #ipoconsultant #ipolaunch #ipogrowth #ipoconsultancyservices #ipoalert #ipoupdates #ipoadvisory #iponews #SEBI #BSE #NSE #smeipo #indianstockmarket #stockmarket
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In today’s fast-evolving market, new-age companies in India are shaking things up. 🚀 They’re no longer rushing to go public. Instead, they’re rethinking the when and how much of their IPOs. 🔎 But why? Valuation isn’t just about numbers—it’s about perception, potential, and timing. A high valuation at the wrong time can hurt a company as much as a low one can undervalue years of effort. ✅ The question isn’t just “What’s the company worth today?” It’s also “What will make investors believe in its future tomorrow?” The current trend highlights a shift toward sustainable growth, realistic valuations, and strategic timing—a balance that ensures long-term trust in the market. 📈 Curious about how valuations are done? #IPO #ValuationInsights #BusinessGrowth #IndianStartups #FinanceMadeSimple #CAperspective
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📈 The Rise of SME IPOs in India: A Game-Changer for Business Growth 🚀 India's SME IPO market is booming like never before! A recent example of this success is **Boss Packaging Solutions**, whose IPO was oversubscribed by an incredible **130 times**—a clear sign of the growing investor appetite for SMEs with strong potential. But what makes SME IPOs such a powerful tool for businesses? Here's why business owners should consider this option for raising funds: 1️⃣ Access to Capital: IPOs help SMEs raise significant funds to expand operations, invest in technology, or scale new markets. 2️⃣ Brand Visibility: Going public puts your company on the map, building trust with customers, investors, and partners. 3️⃣ Credibility Boost: Listing on the stock exchange enhances your reputation and makes you a stronger contender in competitive markets. 4️⃣ Unlocking Growth: The funds raised can fuel R&D, acquisitions, or infrastructure development, allowing your business to scale like never before. 5️⃣ Sharing Success: IPOs allow employees and stakeholders to share in the company’s growth story, improving engagement and morale. The success of SMEs like Boss Packaging Solutions shows that the market is ready to back innovative and growth-focused businesses. For business owners, this is the time to seize the opportunity and take your business to the next level through public investment. If you're considering raising funds through an IPO, let's connect to explore how to structure and position your business for maximum impact. #SMEIPO #BossPackagingSolutions #BusinessGrowth #Fundraising #ScalingUp #Entrepreneurship #IndiaBusiness #IPOSuccess #InvestSmart
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Exciting Times for SME IPOs in India: A Strong Start to 2024 The Indian SME (Small and Medium Enterprises) IPO market is off to an exhilarating start in 2024, reflecting strong investor confidence and robust market performance. LiveMint reports that so far, 30 out of 40 companies that debuted in the market this year have come from the SME segment. Among these, 18 IPOs saw subscription rates ranging from 100 to 960 times, indicating strong investor interest. #SMEIPO #StockMarket #InvestmentOpportunities #IndianEconomy #Entrepreneurship #Innovation #GrowthPotential #IPO #SME
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Want to invest your money somewhere other than a traditional IPO? Here’s a hack! It’s called SPAC, which stands for a Special Purpose Acquisition Company. No operations, just a mission: to acquire a private company and make it public without the traditional IPO hassle. How It Works: ➡️ Step 1: SPAC raises money through an IPO. ➡️ Step 2: Investors trust SPAC founders (the Sponsors) to find a target company. ➡️ Step 3: Funds go into a trust account until the target is found. ➡️ Step 4: If successful, SPAC merges with the target, creating a publicly traded company. Why SPACs? ➡️ Faster than traditional IPOs. ➡️ Fewer parties, less negotiation. ➡️ Startups benefit from experienced investors. 🌟 Why India Needs SPACs: ➡️ Myth vs. Reality: SPACs can’t be listed in India due to rules and misconceptions. But wait—India’s IPO market is mature, and it’s the world’s third-largest startup hub! ➡️ Regulatory Shift: Indian regulators should consider SPAC listings with oversight. Skepticism? Understandable. But SPAC advantages? Priceless for investors. Remember, SPACs aren’t without risks, like shareholding dilution and compressed timelines for public company readiness. But they offer an intriguing alternative to traditional IPOs! #InvestmentHack #SPAC #SpecialPurposeAcquisitionCompany #IPOAlternative #FasterIPO #StartupInvesting #InvestmentStrategy #IndiaSPAC #RegulatoryShift #IPOMarket
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B2B IPOs are on the rise, making up a larger share of the market in India. What's fueling this momentum, and is it here to stay? Alehar is a corporate finance advisory firm that partners with startups, mid-sized businesses, and investors. We offer ongoing support through our Fractional CFO and value creation services, and assist with transactions like raising equity or debt, or selling a business. #B2B #IPOs #Aleharinsights
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🚖 Ola Cabs Plans $500 Million IPO: Resumes IPO Preparations. 📈 SUMMARY: Ola Cabs, the ride-hailing major, has resumed its preparations for an initial public offering (IPO), aiming to raise $500 Mn at a valuation of approximately $5 Bn. The company plans to file draft IPO papers with the Securities and Exchange Board of India (SEBI) within three months, initiating talks with investment banks such as Bank of America, Goldman Sachs, Citi, Kotak, and Axis for the IPO. 🚗 IPO PLANS REVIVED: - Ola Cabs restarts IPO preparations after deferring plans in 2021, following the footsteps of Bhavish Aggarwal's other venture, Ola Electric, which filed its DRHP in December 2023. - The company aims to raise $500 Mn through the IPO and is eyeing a market debut later this year. 🏦 INVESTMENT BANKS ENGAGED: - Ola Cabs is in discussions with prominent investment banks for its IPO, including Bank of America, Goldman Sachs, Citi, Kotak, and Axis. It plans to appoint IPO advisers within a month. 💼 PREVIOUS FINANCIAL OUTLOOK: - Earlier in 2021, Ola had planned to raise up to $1 Bn through its IPO but deferred the plans. The resurgence in IPO preparations aligns with the expected IPO boom in 2023, with startups like OYO, Swiggy, Ola Electric, and MobiKwik also eyeing public listings. - Ola Cabs' parent company, ANI Technologies, last raised approximately $20 Mn in its Series J round in August 2022 at a valuation of around $6.7 Bn. 📈 FINANCIAL PERFORMANCE: - Despite challenges, Ola Cabs reported promising financials, with its India mobility business breaking even in FY23 and achieving segment-adjusted EBITDA of about INR 250 Cr, marking a significant improvement from the previous year's EBITDA loss of INR 66 Cr. 🌐 GLOBAL FOCUS SHIFT: - Ola Cabs has recently streamlined its focus on the Indian market, exiting international markets like the UK, New Zealand, and Australia, to reinforce its commitment to further expansion and growth within India. 💡 INVESTOR BACKING: - Backed by prominent investors like SoftBank, Vanguard, Warburg Pincus, Temasek, and Tiger Global Management, Ola Cabs continues to attract investor interest despite recent valuation adjustments. The revival of Ola Cabs' IPO plans reflects its resilience and determination to capitalize on emerging opportunities in the mobility sector, positioning itself for sustained growth and market expansion. #OlaCabs #IPO #RideHailing #MobilitySector #FinancialPerformance #StartUpNews #BusinessNews #MicroShots #NewsUpdates
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India's stock market surge has fueled a wave of IPOs, but as Vibhuti Sharma's in-depth analysis reveals, it is a double-edged sword for venture investors. While the favourable public market environment has unlocked attractive exit opportunities for PE and VC firms, late-stage tech companies are now pushing for higher valuations, often benchmarking against listed peers. Ankur Bansal, Managing Director at BlackSoil, cautioned, "The public market can indicate sector sentiment but shouldn't be relied upon as the primary basis for valuations." He added, "Valuing hyper-growth startups is especially challenging, as valuation multiples can vary widely depending on projected revenue figures." Anirudh A D., Managing Partner at Artha Venture Fund, noted, "These lofty valuations are making it tough for investors to find value in later-stage deals." Read more: https://lnkd.in/ehYzQKKH
🚀 India’s IPO Boom: A Boon or Challenge for Private Capital? 📈💡 The surge of IPOs in India is more than just a headline-grabbing trend—it’s reshaping the dynamics between public markets and private capital. As companies like Ola Electric and Awfis see big post-listing gains, late-stage startups are now negotiating with newfound confidence, seeking public market-like valuations. But with Peak XV Partners scaling back its fund size and foreign investors taking a cautious stance, the question looms: Are we seeing a healthy recalibration, or is the optimism creating blind spots in valuation? ❓ How do you think investors should adapt to this evolving landscape? Story link in comments. Anirudh A D. Ankur Bansal PRIME Database Group DealStreetAsia
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