Jhunjhunwala expects Nazara, which may list next year, to be a market leader in the mobile gaming arena.
The IPO comprises a fresh issue of equity shares worth Rs 300 crore and an offer for sale of 80 lakh scrips by GTI Capital Beta Pvt Ltd, according to the draft red herring prospectus (DRHP) filed with Sebi.
The issue will open on December 15, 2017 and will close on December 20, 2017. The company has set a price band of Rs 45-50 per equity share for the same.
The IPO, which aims to raise Rs 504 crore, received bids for 1,57,11,900 shares against the total issue size of 1,45,21,686 shares - a subscription of 1.08 per cent - data available with NSE till 11.30 am showed.
Future Group's logistics arm Future Supply Chain solutions initial public offering (IPO) opens. The company plans to raise Rs 650 crores via the public offer. In an interview with CNBC-TV18, Sanjay Jain, Group CFO of Future Group spoke about the latest happenings in his company and sector.
The Rs 650-crore initial public offer of Future Supply Chain Solutions is set to open for subscription on Wednesday, with a price band of Rs 660-664 per share.
Future Supply said revenue earned from services related to contract logistics, express logistics and temperature-controlled logistics represented 69.8 percent, 21.7 percent and 6.2 percent of revenue from operations in fiscal 2017, respectively
The large part of the IPO proceeds will be used to pare debt and some for improvisation of facilities and buying equipment, said Vikram Shah, Chairman and MD, Shalby Hospitals.
The Ahmedabad-based multi-speciality hospital chain fixed the price band between Rs 245 to Rs 248 per equity share for its proposed initial public offer (IPO) to raise about Rs 504 crore.
The public offer comprises a fresh issue of equity shares aggregating up to Rs 480 crore and an offer for sale of up to 10,00,000 equity shares by Dr Vikram Shah.
After the proposed IPO, HDFC AMC would continue to be a subsidiary of HDFC.
The IPO comprises fresh issue of little over 1.67 crore shares by Reliance General Insurance besides an offer for sale of 5.03 crore shares by Reliance Capital.
The company has fixed a price band of Rs 655-660 for the issue which will offer up to 9,784,570 equity shares that has a face value of Rs 10 each, and an offer-for-sale of up to 7,827,656 shares or 20 percent equity by Griffin Partners.
RINL, which was earning steady profits up to 2014, has been making losses due to variety of reasons such as slowdown and cheap imports from China.
The share price rallied as much as 27.24 percent intraday while it opened with 8 percent premium on the NSE.
The share price opened at Rs 313 per share against issue price of Rs 290.
Although analysts are not expecting a blockbuster listing, a small premium to the issue price could well be on the cards.
This would be third life insurance company getting listing on exchanges, after ICICI Prudential Life and SBI Life.
Investing in Bharat 22 ETF is like participating in the Indian growth story and I am sure investors will take part in this growth story said, Neeraj Kumar Gupta, Secretary, DIPAM.
As much as 25 percent of the total issue size, or Rs 2,000 crore, was reserved for anchor investors who put in bids worth about Rs 12,000 crore, ICICI Prudential MF said.
Khadim India has settled the trade at Rs 688.85 per share on the National Stock Exchange against IPO price of Rs 750. During the day, it could not cross issue price.
During the initial share sale, as many as 307 shareholders will sell 63,31,674 shares of the company, according to the draft red herring prospectus (DRHP )filed with Sebi.
The stock fell as much as 4.5 percent in early trade to hit day's low of Rs 716 while its pre-opening price of Rs 730 remained the highest level.
The company’s shares closed at Rs 725.05 apiece, down 3.18 percent to the listing price of Rs 748.90 apiece, on the BSE.
The Gurugram-based company has appointed Axis Capital and ICICI Securities as merchant bankers to advise it on its plans to list on the stock exchanges