Shivganga Drillers Files DRHP To Raise Rs 400 Crore Via IPO
Bloomberg • 12/13/2025 • Last cited 12/14/2025
Summary
Shivganga Drillers has filed a Draft Red Herring Prospectus (DRHP) to raise ₹400 crore through an initial public offering (IPO), according to Bloomberg. The details of the offering and its intended use of proceeds have not been disclosed in the report.
Lindy Score Breakdown
35
Age (0-35)
33 days
40
Velocity (0-40)
1 source (low traction)
8
Tier (0-10)
Bloomberg
0
Breadth (0-15)
1 unique
Total Score83/100
Score BreakdownRisk 35
Source Reputation: Moderate trust (8/20 pts)
Consensus: Single source - no independent confirmation yet
Age: 33 days - proven survivor
Stories gain Lindy status through source reputation, network consensus, and time survival.
Anti-Lindy Similar stories
Union Bank Q3 Profit Rises 9.7% To Rs 5,073 Crore On Lower Provisions
Bloomberg • 1 day ago
ICICI Prudential AMC Q3 Results: Profit Jumps 10% To Rs 917 Crore, Dividend Declared
Bloomberg • 1 day ago
Apple iPhone 18 Display Specs Tipped; Pro Models To Get Under-Display Face ID
Bloomberg • 1 day ago
Explained: US Credit Card Competition Bill And How It Can Impact Visa, Mastercard
Bloomberg • 2 days ago
Ola Electric Announces Expansion Of 4680 Bharat Cell Platform
Bloomberg • 1 day ago
IOC, BPCL Announce Second Oil Discovery In Abu Dhabi's Onshore Block, Boosting India's Energy Security
Bloomberg • 1 day ago
India Open Badminton: PV Sindhu Out, Kidambi Srikanth Advances To 2nd Round
Bloomberg • 1 day ago
Samsung Galaxy S26 Ultra: Top 7 Upgrades To Look Out For
Bloomberg • 2 days ago
Bank Of Maharashtra Shares Pare Gains After Hitting 17-Month High After Q3 Results
Bloomberg • 2 days ago
Not Vodafone Idea, Indus Towers Is The Stock To Benefit Most From Vi's Revival Play, Says Brokerage
Bloomberg • 2 days ago