Jindal Power (JPL) is looking to mop up Rs 7,000 crore with its initial public offering (IPO) which is set to hit the market by April this year.
The Disinvestment Department and ONGC have together shortlisted six merchant bankers to manage the sale of 5% Government equity in ONGC.
The Steel Ministry is upset at the four merchant bankers handling Tata Steel's follow-on offer because they are due to handle the SAIL offering also.
Diamond jewellery player C Mahendra Exports has fixed January 20 as a listing date for its equity shares. It has set an issue price at higher end of price band of Rs 95-110 a share.
CRISIL Equities has assigned a grade of 4/5 to the proposed initial public offer (IPO) of Galaxy Surfactants, which indicates that the fundamentals of the IPO are above average relative to other listed equity securities in India, according to report.
Follow-on public offer of Tata Steel, India's largest steel maker, will open for subscription on Wednesday, January 19.
State-run Indian Oil Corp's share sale will be delayed to the next financial year beginning on April 1, Oil Secretary S Sundareshan said on Monday.
Media & entertainment company Midvalley Entertainment has fixed an issue price at higher end of price band of Rs 64-70 a share. It raised Rs 60 crore as against issue of 85,71,429 equity shares.
State-run Oil & Natural Gas Corporation's (ONGC) follow-on public offer (FPO) is likely to open around March 15, reports CNBC-TV18 quoting sources.
Country's largest steel maker Tata Steel has fixed price band of Rs 594-610 a share for its follow-on public offer of 5.7 crore ordinary equity shares of Rs 10 each. The issue will open for subscription during January 19-21, 2011.
India's largest steel maker Tata Steel is set to enter capital markets with a follow-on public offer of 5.7 crore equity shares on January 19.
Nagpur-based Abhijeet Power is in advanced stages of seeking regulatory approval for an initial public offering of up to Rs 1500 crore and expects to file papers by early February, a senior official told Reuters.
Public float guidelines for life insurance companies will only be ready by February, according to the Insurance Regulatory and Development Authority Chairman, Mr J Hari Narayan.
Textile firm Shekhawati Poly-Yarn had a good debut on the exchanges on January 12. The stock settled at Rs 47.50, up 58.3% on Bombay Stock Exchange.
Point Red Telecom, manufacturer of WiMAX equipments, is all set to tap capital markets to fund its expansion plans. It has filed draft red herring prospectus with market regulator SEBI for a Rs 102 crore initial public offering (IPO).
The Rs 60-crore initial public offering of south based media & entertainment company Midvalley Entertainment, which closed today, has subscribed 4.03 times, as per data available on exchange.
It was a good debut for equity shares of textile firm Shekhawati Poly-Yarn - a share touched an intraday high of Rs 69.70, a premium of Rs 130% over an issue price of Rs 30.
Larsen & Toubro is likely to have an initial public offer this quarter for its finance arm, a senior company official said on Wednesday.
Country's largest steel maker Tata Steel is going to launch its follow-on public offer (FPO) soon. On Tuesday, the board of directors approved 5.7 crore shares FPO.
Textile firm Shekhawati Poly-Yarn's shares started the first session at Rs 50, a premium of 66.67% over an issue price of Rs 30 a share on National Stock Exchange.
Textile firm Shekhawati Poly-Yarn will be listing its equity shares today. The company raised Rs 36 crore through its initial public offering of 1.2 crore equity shares at a fixed price of Rs 30 a share. Managing Editor of CNBC-TV18, Udayan Mukherjee said one should get into better companies in textile sector instead of Shekhawati.
Tata Steel's proposal to sell 57 million shares through a follow-on public offer could see the company dilute equity by around 6%.
India's largest steel company Tata Steel's board of directors have approved follow-on public offer (FPO) of 57 million ordinary shares of Rs 10 each.
South based media & entertainment company Midvalley Entertainment's initial public offering (IPO) has been subscribed 1.14 times so far on day two, as per data available on exchanges.
PTC India Financial Services (PFS) promoted by PTC India Ltd (PTC) will sell 12.75 crore shares via initial public offering (IPO).