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US IPO

EV maker Vinfast files for US IPO

BENGALURU: Vietnam-based electric-vehicle maker VinFast said on Tuesday it has filed for an initial public offering...

Published 12 Dec, 2022 06:07am

World

New York exit: Didi bows to regulatory pressure for US delisting

HONG KONG: Just five months after its debut, ride-hailing giant Didi Global said it plans to withdraw from the New...

Published 04 Dec, 2021 04:23am

Markets

Coding platform GitLab reveals surge in growth in US IPO filing

NEW YORK: GitLab Inc, a coding platform backed by the likes of ICONIQ Capital and Khosla Ventures, revealed rapid...

Published 20 Sep, 2021 05:23am

Business & Finance

Visa-backed payments firm Conductor readies US IPO

SAO PAULO: Brazilian payments firm Conductor has hired banks for an initial public offering in the United States ...

Published 02 Aug, 2021 06:02am

Markets

China’s Didi adds banks to work on mega US IPO

HONG KONG: China’s biggest ride-hailing company Didi Chuxing has appointed five more investment banks to work as...

Published 21 Jun, 2021 03:43am

Business & Finance

Software firm SUSE seeks valuation of nearly $7 billion in IPO

IPO price range set at 29-34 euros/share.
Seeks proceeds of around 1 billion euros.
SUSE to issue shares to pay down debt.
Swedish investor EQT doubles its money in three years.

Published 05 May, 2021 06:31pm

Markets

Vingroup eyes $60 bln valuation for car unit in potential US IPO

*Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New York Stock Exchange, the sources said. * VinFast became Vietnam's first fully fledged domestic car manufacturer when its first gasoline-powered models built under its own badge hit the streets in 2019.

Published 12 Apr, 2021 06:20pm

Markets

Self-driving truck startup TuSimple eyes over $8bn valuation in US IPO

The company said it aims to raise about $1.3 billion in its offering by selling around 34 million shares at a price range between $35 and $39 apiece.
TuSimple is the third company to announce plans to raise more than $1 billion through share sales on Wednesday, as companies continue to tap into the red-hot US IPO market.

Published 07 Apr, 2021 06:24pm

Markets

Bank software provider Alkami aims for over $2bn valuation in US IPO

The company said it was looking to raise as much as $150 million by selling 6 million shares at a price range of $22 to $25 per share.
Backed by investors including General Atlantic and D1 Capital, Alkami supplies cloud-based platforms that banks and credit unions can use to set up digital offerings for their retail and business customers.

Published 05 Apr, 2021 06:44pm

Markets

Didi leans towards NY for IPO, eyes valuation of at least $100bn

HONG KONG: China’s top ride-hailing firm Didi Chuxing is leaning toward picking New York over Hong Kong for its...

Published 29 Mar, 2021 06:05am

Markets

KKR-backed SPAC raises $1.2bn in US IPO

The special purpose acquisition company (SPAC) said it sold 120 million units, up from the 100 million units it had marketed earlier, at $10 each.
The units are expected to begin trading on the New York Stock Exchange under the symbol "KAHC.U" on Wednesday.

Published 17 Mar, 2021 06:08pm

Markets

Cloud computing firm DigitalOcean aims for nearly $5bn valuation in US IPO

The company is looking to raise as much as $775.5 million through an offering of 16.5 million shares, priced between $44 and $47 apiece, according to a regulatory filing.
DigitalOcean provides its cloud platform and tools to developers, startups and small- and medium-sized businesses and has over 570,000 customers in more than 185 countries.

Updated 15 Mar, 2021 09:28pm

Markets

Dating app Bumble aims for nearly $6bn valuation in US IPO

The company, in a regulatory filing on Tuesday, said it would sell about 34.5 million shares, raising over $1 billion at the upper end of the price range.
Bumble was founded in 2014 by Whitney Wolfe Herd, who was also one of the founders of rival app Tinder.

Published 02 Feb, 2021 06:53pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jan 17	278.75
USD PKR Interbank Buying / Jan 17	278.65
USD to Japanese Yen / Jan 17	156.30
USD to Swiss Franc / Jan 17	0.92
Pound Sterling to USD / Jan 17	1.22
Euro to USD / Jan 17	1.03

Stock	Volume
S&P 500 / Jan 17	5,996.66
India Sensex / Jan 17	76,619.33
Tokyo Nikkei / Jan 17	38,451.46
Nasdaq / Jan 17	19,630.20
Hang Seng / Jan 17	19,584.06
FTSE 100 / Jan 17	8,505.22
Dow Jones / Jan 17	43,487.83
Germany DAX 30 / Jan 17	20,903.39

Item	Value
Crude Oil USD/Barrel / Jan 17	78.88
Karachi Cotton PKR/37.32 KG / Jan 17	18,785
Gold 10 Grams PKR / Jan 17	242,283
Gold Spot USD/Ounce / Jan 17	2,703.25
Cotton US¢/pound / Jan 17	67.60
Petrol/Litre / Jan 18	256.13

Gainers
Losers
Leaders

Stock	Price
Burj Clean Energy Modaraba / Jan 17 Burj Clean Energy Modaraba(GEM)(GEMBCEM)	7.60 ▲ 1.00 (15.15%)
S.G.Power / Jan 17 S.G. Power Limited(SGPL)	9.51 ▲ 1.00 (11.75%)
Jahangir Sidd(Pref) / Jan 17 Jahangir Sidd(Pref)(JSCLPSA)	10.50 ▲ 1.00 (10.53%)
AN Textile Mill / Jan 17 AN Textile Mills Limited(ANTM)	12.82 ▲ 1.17 (10.04%)
Jah.Sidd. Co. / Jan 17 Jahangir Siddiqui & Co. Ltd.(JSCL)	23.62 ▲ 2.15 (10.01%)
Agritech Non-voting / Jan 17 Agritech Non-Voting Preference(AGLNCPS)	24.20 ▲ 2.20 (10.00%)
Arif Habib Ltd. / Jan 17 Arif Habib Limited(AHL)	66.21 ▲ 6.02 (10.00%)
Bilal Fibres / Jan 17 Bilal Fibres Limited(BILF)	15.95 ▲ 1.45 (10.00%)
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	77.09 ▲ 7.01 (10.00%)

Stock	Price
JS Global Banking / Jan 17 JS Global Banking Sector (ETF)(JSGBETF)	19.77 ▼ -2.75 (-12.21%)
First Capital Equities / Jan 17 First Capital Equities Limited(FCEL)	5.35 ▼ -0.72 (-11.86%)
Tariq Corp.Pref. / Jan 17 Tariq Corporation Limited-Preference Shares(TCORPCPS)	7 ▼ -0.88 (-11.17%)
Service Textile / Jan 17 Service Industries Textiles Limited(SERT)	14.98 ▼ -1.66 (-9.98%)
Gulshan Sp. / Jan 17 Gulshan Spinning Mills Limited(GSPM)	4.01 ▼ -0.43 (-9.68%)
Zahid Jee Textile / Jan 17 Zahidjee Textile Mills Limited(ZAHID)	27.51 ▼ -2.70 (-8.94%)
Mandviwala / Jan 17 Mandviwala Mauser Plastic Industries(MWMP)	21.50 ▼ -2.00 (-8.51%)
Universal Ins. / Jan 17 The Universal Insurance Company Limited(UVIC)	9.23 ▼ -0.65 (-6.58%)
Tata Textile / Jan 17 Tata Textile Mills Limited(TATM)	47.10 ▼ -2.80 (-5.61%)

Stock	Volume
WorldCall Telecom / Jan 17 Worldcall Telecom Limited(WTL)	103,704,415 ▲ 0.01
Cnergyico PK / Jan 17 Cnergyico PK Limited(CNERGY)	37,108,232 ▲ 0.04
Hub Power Co. / Jan 17 The Hub Power Company Limited(HUBC)	36,743,585 ▲ 5.79
Hascol Petrol / Jan 17 Hascol Petroleum Limited(HASCOL)	32,265,861 ▲ 0.83
Dewan Motors / Jan 17 Dewan Farooque Motors Limited(DFML)	28,402,498 ▲ 2.84
Citi Pharma Ltd / Jan 17 Citi Pharma Ltd.(CPHL)	24,195,904 ▲ 7.01
Pak Refinery / Jan 17 Pakistan Refinery Limited(PRL)	17,625,081 ▲ 0.94
Fauji Foods Ltd / Jan 17 Fauji Foods Limited(FFL)	16,675,539 ▲ 0.30
K-Electric Ltd. / Jan 17 K-Electric Limited(KEL)	16,024,776 ▲ 0.09

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