Cochin Shipyard’s initial public offering (IPO) opens on August 1st. In an interview to CNBC-TV18, Madhu S Nair, CMD of the company spoke about the same.
The issue and the net issue will constitute 26.48 percent and 25.14 percent, respectively of the post issue paid-up equity share capital of the company.
Khambatta Securities has come out with its report on Keerti Knowledge and Skills . The research firm has recommended to “Subscribe ” the IPO in its research report as on July 24, 2017.
The initial offer would comprise fresh issue of Rs 362.25 crore and an offer for sale of Rs 415 crore
The initial share-sale offer will open for public subscription on July 31 and close on August 2, merchant banking sources said.
The draft of IPO papers did not mention anything about Max Life merger in any form.
Godrej Industries arm Godrej Agrovet on Wednesday filed draft papers with markets regulator Sebi to raise an estimated Rs 1,000-1,200 crore through an initial public offering.
The company plans to raise Rs 400 crore via the initial public offer and Credit Suisse and Axis Bank are the bankers to the issue.
Matrimony.com and Shalby Hospitals have received markets regulator Sebi's approval to float initial public offerings.
HEM securities have come out with the research report on Shanti Overseas
HEM securities have come out with the research report on Captain Technocast
In an interview to CNBC-TV18, Amitabh Chaudhry, MD & CEO of HDFC Life spoke about the latest happenings in the company.
Irrespective of whether or not the rich investors make money, NBFCs have been making money hand over fist in what now seems to have become a zero risk game for them.
Watch the interview of Amitabh Chaudhry MD & CEO HDFC Life with Shereen Bhan on CNBC-TV18, in which he shared his views on the company's IPO plans.
The IPO received bids for 90,63,94,500 shares against the total issue size of 33,21,000 shares, data available with the NSE till 1930 hours showed.
Once listed, this would be the second life insurer after ICICI Prudential Life Insurance to be listed on the stock exchanges.
HDFC Life will continue looking at Max Financial Services merger proposal along with IPO, sources said.
Moneycontrol explains what a grey market is and how it influences the listing day price of companies going public.
SBI Life Insurance is a joint venture between State Bank of India (SBI) with 74 percent stake and BNP Paribas Cardif with the remaining 26 percent.
After mopping up the shares in the grey market, on listing day, the said operator buys the big quantity from the open market as well, and virtually buys entire allotment of HNI category and part of retail category as many of them apply for listing gains only.
A total of 50 companies got listed with initial public offers (IPOs) worth Rs 660 crore in the first six months of the year as compared to 27 firms which tapped the IPO route to garner Rs 211 crore in January-June 2016.
The offer includes upto 86.24 million equity shares of face value of Rs 10 each.
UTI Asset Management Company is "fairly ready" for the initial public offering and board's approval is already in place, its managing director Leo Puri said on Thursday.
The company had received capital market regulator's approval for the initial public offer in April