Realty major Lodha Developers has revived plans to launch an initial public offer (IPO) and will soon approach market regulator Sebi with a fresh prospectus as it looks to raise Rs 3,000 to Rs 6,000 crore including by pre-IPO placement of shares.
The qualified institutional buyers (QIBs) portion got oversubscribed 103.36 times, non institutional investors 396.99 times and retail investors 76.26 times, merchant banking sources said. The issue is in the price band of Rs 45-50.
Astron Paper and Board Mills' initial public offer (IPO) was over-subscribed 12.39 times on the third day of issue on Tuesday.
The IPO to raise Rs 70 crore received bids for 9,60,60,160 shares against the total issue size of 1,40,00,000 shares, data available with the NSE showed.
Watch the interview of K Sanath Kumar, CMD of National Insurance with Yash Jain of CNBC-TV18 where he spoke about the hopeful launching of National Insurance IPO by March-end.
The IPO to raise Rs 70 crore received bids for 7,15,88,440 shares against the total issue size of 1,40,00,000 shares.
The company's market valuation stood at Rs 2,747.06 crore.
We need to bring in efficiencies in our supply chain and that opportunity has been created with the removal of all the tax barriers, said Rakesh Biyani, Chairman of Future Supply Chain Solutions.
The stock listed at Rs 674 on the BSE on Monday. The issue price was fixed at Rs 664 per share.
Thane-based business process outsourcing (BPO) company One Point One Solutions has taken the SME markets by storm garnering a whopping subscription of over Rs 2,600 crore for its Rs 43 crore initial public offering.
The portion set aside for qualified institutional buyers was oversubscribed 1.50 times, non institutional investors 10 percent and retail investors 2.24 times.
Shares of multi-speciality hospital chain Shalby Ltd made a sluggish debut on bourses on Friday, ending 3.5 percent lower over the issue price of Rs 248.
Earlier this year, ICICI Bank had diluted part of its holding in ICICI Lombard General Insurance Company's IPO.
Indiamart's existing investors include Intel Capital, Amadeus Capital, WestBridge Capital and Quona Capital.
The public issue of the logistics arm of Future Group was subscribed 7.56 times during December 6-8, 2017.
With 1,40,00,000 equity shares of face value of Rs 10 each, at the upper end of the price band, the firm could be looking to raise Rs 70 crore through the issue that will close on December 20, 2017.
In pre-opening trade, the stock settled at Rs 239.70 against IPO price of Rs 248.
If it gets a go ahead, the investment banker will become the first institution in India which will be allowed to do so.
In an interview to CNBC-TV18, Raj Sharma, Chairman of Majestic Research Services and Solutions, which listed in mid-2015 and is one of Asia's largest independent full service market research companies and Mahavir Lunawat, Group Founder & MD of Pantomath Group which has handled the maximum SME IPOs overall discussed about the road ahead and what the risks are.
SREI Equipment Finance recently filed its draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).
The IPO, which opened for subscription from December 5-7, was subscribed 2.8 times at a price band of Rs 245-248 per share.
The Rs 504-crore initial public offer was oversubscribed 2.82 times during November 5-7, 2017.
Jhunjhunwala expects Nazara, which may list next year, to be a market leader in the mobile gaming arena.
2017 has been a blockbuster year for mutual funds. We have seen a lot of inflows and liquidity. CNBC-TV18's Kevin Lee caught up with Leo Puri, MD of UTI MF and asked him about his outlook for the coming year and for the industry going ahead.
The firm had filed draft prospectus with Securities and Exchange Board of India (Sebi) on September 29.