SSBA Innovations scraps Rs 105-cr IPO plans; withdraws draft papers ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 23
SSBA Innovations, which runs tax portal TaxBuddy, has decided to withdraw its Rs 105 crore Initial Public Offer (IPO). This has become the fourth company to abandon its planned IPO so far this year. Earlier, Stitched Textiles, which owns leading men's wear fashion brand Barcelona; Nandan Terry, part of the Chiripal group and Uma Converter had scrapped their proposed initial share sales. Going by the draft papers, SSBA Innovations' IPO was slated to be an entirely fresh issue of equity shares of up to Rs 105 crore. Out of this, Rs 65.45 crore was proposed to be used to fund user acquisition and business development, Rs 15.22 crore for technological development and balance amount towards gener

Read More Details
Finally We wish PressBee provided you with enough information of ( SSBA Innovations scraps Rs 105-cr IPO plans; withdraws draft papers )

Apple Storegoogle play

Also on site :

Most viewed in Economy
U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows
CNBC - before 3 hours & 37 minute
FinThrive Introduces Agentic AI at HFMA 2025 to Help Customers Transform Healthcare Revenue Cycle Management Performance
PR Newswire - before 7 hours & 5 minute
Trump Policy Threatens Residential Solar Industry
OILPRICE - before 6 hours & 12 minute
What the U.S. strikes on Iran could mean for world oil prices
Washington Post - before 4 hours & 8 minute
Tesla launches long-awaited Robotaxi in Austin
Washington Post - before hour & 26 minute
State Launches State Echo: An Agentic AI Platform for Insurance Follow-Up and Denials Management
PR Newswire - before 55 minute
Why a Water-Powered Car is Scientific Nonsense
OILPRICE - before 4 hours & 12 minute
Middle Eastern Oil Giants Go On LNG Buying Spree
OILPRICE - before 2 hours & 5 minute
Oil Rises 3% After U.S. Bombs Iranian Nuclear Sites
OILPRICE - before 37 minute
U.S. Sits on Billions of Untapped Oil Barrels
OILPRICE - before 19 minute
One in seven people ‘have lost money to fraud in past year’
INDEPENDENT - before minute


Latest News

One in seven people ‘have lost money to fraud in past year’

before minute

U.S. Sits on Billions of Untapped Oil Barrels

before 19 minute

Oil Rises 3% After U.S. Bombs Iranian Nuclear Sites

before 37 minute

State Launches State Echo: An Agentic AI Platform for Insurance Follow-Up and Denials Management

before 55 minute

Tesla launches long-awaited Robotaxi in Austin

before hour & 26 minute

Middle Eastern Oil Giants Go On LNG Buying Spree

before 2 hours & 5 minute

U.S. calls on China to prevent Iran from closing Strait of Hormuz and disrupting global oil flows

before 3 hours & 37 minute

What the U.S. strikes on Iran could mean for world oil prices

before 4 hours & 8 minute

Why a Water-Powered Car is Scientific Nonsense

before 4 hours & 12 minute

The 5 best-run cities in America — and the 5 worst-run cities

before 4 hours & 30 minute

Trump Policy Threatens Residential Solar Industry

before 6 hours & 12 minute

FinThrive Introduces Agentic AI at HFMA 2025 to Help Customers Transform Healthcare Revenue Cycle Management Performance

before 7 hours & 5 minute

South Africa Secures $2.2 Billion To Help Transition Away From Coal

before 8 hours & 19 minute

What is financing for development?

before 9 hours & 38 minute

U.S. races to develop alternatives to China’s rare earth materials

before 13 hour & minute