Oura
Latest news, explainers and analysis on Oura. Tracking 2 stories on Arth Vani.
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IPOBreakingOura Targets ₹12.99 Lakh Crore Valuation for US IPO Ahead of Fall Listing Season
Oura, a company eyeing a public debut in the US, is targeting a substantial valuation of $15.62 billion, which converts to approximately ₹12.99 lakh crore, for its upcoming Initial Public Offering. This ambitious goal is seen as a significant indicator for a potentially busy season for new stock market listings in the American markets this autumn.
IPOSmart Ring Maker Oura Aims to Raise ₹18,300 Crore in US IPO
Oura, the company behind the popular smart health tracking ring, is planning to raise up to ₹18,300 crore (approximately $2.2 billion) through its Initial Public Offering (IPO) in the United States. Existing investors and the company will sell 50 million shares, with a price range set between $40 and $44 per share. Pharmaceutical giant Eli Lilly and investment firm Dragoneer have expressed interest in buying shares.
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