Infibeam News

The transaction is expected to close in three-five months.

E-commerce firm Infibeam Incorporation, which has raised Rs 450 crore through initial public offer (IPO), will list its shares on stock exchanges - BSE and NSE - on Monday.

The share-sale programme of Infibeam Incorporation, the first e-commerce firm to tap the IPO route, was over-subscribed 1.10 times till late afternoon trade on the last day of the offer Wednesday.

Online shopping portal Infibeam Incorporation will hit the capital markets tomorrow to mop-up Rs 450 crore through an initial share plan, becoming the first e-commerce firm to tap the IPO route

To strengthen technological capabilities to pursue new business opportunities, online shopping portal Infibeam Inc Ltd plans to set up tier-III cloud data centre at Gandhinagar.

Infibeam, the first e-commerce firm in India to tap stock market for funds has received Sebi approval for Rs 450 crore IPO

In a big day for IPOs, at least three companies -- low-cost carrier IndiGo, staffing firm Teamlease and e-retailer Infibeam -- have lined up public offers to raise an estimated over Rs 3,000 crore from investors.

The new Apple iPad Air 2 and iPad Mini 3 are up for pre-order on e-commerce websites like Flipkart and Infibeam. Both the online stores are promising the new iPads to be shipped by the end of this month.

The smartphone is priced at Rs 6,999 on Infibeam. Canvas Fire had earlier appeared on the company's website without price and availability details.