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Encube Ethicals Eyes $400M IPO, Hires Banks

India-based pharmaceutical specialist Encube Ethicals is said to be proceeding with an initial public offering to raise $400 million. The Mumbai-headquartered company, an expert on topical medicines and creams and ointments, has chosen Goldman Sachs, Morgan Stanley and Kotak Mahindra to run the transactions. This move is designed to take advantage of India’s booming stock market and provide capital for the company’s next phase of growth. The money is likely to be used for building out manufacturing facilities in the United States as well as new research on advanced dermatology treatments for global markets.

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HMH Holding Targets $231M Raise in US IPO

HMH Holding Inc. has made its initial public offering official in a filing that proposes raising as much as $231.4 million on the Nasdaq Global Select Market. The Houston-based company, which provides mission-critical drilling equipment and services for offshore and onshore energy projects, is offering 10.5 million shares in a target range of $19 to $22. The move, which received backing from J.P. Morgan and Baker Hughes, is part of a strategic transformation to enhance the company’s balance sheet while expanding into adjacent industries such as mining and advanced energy infrastructure.

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Nuclear Startup X-Energy Files for US IPO

Nuclear Startup X-Energy Files for US IPO

X-Energy, a United States nuclear reactor developer with support from Amazon and Jane Street, has applied to go public in the United States. The company intends to list Class A shares on Nasdaq under the ticker “XE,” but didn’t provide the number of shares or price range. X-Energy is working on over 11 gigawatts of additional nuclear capacity in the US and UK as well as reactors using HALEU uranium. The offering is being underwritten by eight banks, including JPMorgan and Morgan Stanley. 

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Wesfarmers - Wesfarmers dominates Australian retail and industry, driven by iconic brands, strong financials, and strategic digital innovation.

Wesfarmers Limited: Australia’s Largest Retail Conglomerate and Market Leader

Wesfarmers Limited is one of Australia’s most prominent publicly listed companies, with a significant presence across retail, chemicals, energy, and industrial sectors. With a rich history spanning over a century, the conglomerate has evolved from humble beginnings as a cooperative serving Western Australian farmers to become a diversified business empire generating substantial revenue and employing…

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Virgin Australia - Virgin Australia rejoins the ASX with a A$685M IPO, showcasing a major turnaround backed by Bain Capital and Qatar Airways.

Virgin Australia’s Return to the Australian Securities Exchange

Virgin Australia has officially returned to the Australian Securities Exchange after a nearly 5-year absence, marking a pivotal moment in the airline’s remarkable recovery. On 24 June 2025, shares began trading under the ticker code VGN, representing one of the most anticipated corporate comebacks in recent Australian history. The A$685 million initial public offering (IPO)…

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GemLife - GemLife (GLF) delivers premium over-50s land-lease communities with resort-style living, financial transparency, and expansion in Australia.

GemLife’s A$1.58 Billion Debut: What Sets GLF Apart on the ASX

GemLife Communities Group marked a significant milestone in Australian investment and retirement living when it debuted on the Australian Securities Exchange (ASX) on 3 July 2025, establishing itself as a major player in the nation’s rapidly growing over-50s housing sector. Trading under the ticker code GLF, the company’s initial public offering (IPO) raised $750 million,…

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AirTrunk Powering Asia-Pacific's Digital Future with Hyperscale Data Centres

AirTrunk: Powering Asia-Pacific’s Digital Future with Hyperscale Data Centres

In the rapidly evolving landscape of digital infrastructure, few companies have made as significant an impact as AirTrunk. Founded in 2015 by visionary entrepreneur Robin Khuda, AirTrunk has emerged as the leading hyperscale data centre specialist in the Asia-Pacific and Japan region, fundamentally transforming how organisations access and utilise cloud computing infrastructure. What began as…

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