HEM Securities has come out with its report on HG Infra Engineering IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on February 26 , 2018
Axis Capital, UBS and ICICI Securities will manage the initial share sale, according to the report.
The stock listed at Rs 183 on the National Stock Exchange against the upper band of its issue price of Rs 190. It closed at Rs 181 apiece.
The IPO consists of a fresh issue of shares aggregating up to Rs 300 crore and an offer for sale of up to 60 lakh scrips by the existing shareholders.
Hindustan Aeronautics, ICICI Securities, Barbeque-Nation Hospitality and Flemingo Travel Retail are among the names that plan to launch share-sale offers in the coming months.
The issue priced in the range of Rs 263-270 apiece will open on February 26 and will close on February 28, 2018.
In its regulatory filing, Dropbox reported 2017 revenue of USD 1.11 billion, up 31 percent from USD 844.8 million a year earlier. The company's net loss narrowed to USD 111.7 million in 2017 from USD 210.2 million in 2016
The IPO committee has finalised allocation of 51,33,150 equity shares to as many as 11 anchor investors at Rs 270 apiece, also the upper price band for the offer, the company informed the stock exchanges.
ICICI Direct has come out with its report on HG Infra Engineering IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on February 22 , 2018
Bharat Dynamics and IREDA had received 'observations' from the Securities and Exchange Board of India (Sebi) on February 15 and February 16, respectively, as per the latest update with the markets watchdog.
Hem securities has come with the report on Hindcon Chemicals Ltd as on Feb 20, 2018.
HG Infra aims to raise Rs 462 crore through the issue at a price of Rs 270 per share.
Besides, the public issue banker would need to pay an interest amount of 15 per cent to the investors for failing to resolve the grievance within 15 days, while they may also face Sebi's action for such failures.
Investors bid for 48.5 million shares, of the 37.4 million shares on offer, stock exchange data as of 1233 GMT showed.
Proceeds of the fresh issue would be used towards repayment of debt, purchase of medical equipment, and for general corporate purposes.
The initial public offer (IPO) comprises fresh issue of equity shares worth up to Rs 725 crore and an offer for sale of up to 1,34,28,251 scrips by the company's promoter Union Investments.
Last year, around 55 SME companies had tapped the IPO route and got listed on the exchange's platform.
Non-banking finance company IndoStar Capital Finance has filed draft papers with capital markets regulator SEBI to raise an estimated Rs 2,000 crore through an initial share-sale.
In an interview with CNBC-TV18, Azad Moopen, Chairman of Aster DM Healthcare spoke about the latest happenings in his company and sector.
SSJ Finance has come out with its report on Aster DM Healthcare Ltd IPO , The research firm has recommended to “ Avoid ” the IPO in its research report as on February 09, 2018
HEM Securities has come out with its report on Aster DM Healthcare IPO , The research firm has recommended to “ Avoid ” the IPO in its research report as on February 09 , 2018
The company will use the amount raised through IPO for repayment and/or pre-payment of debt, purchase of medical equipment and for general corporate purposes.
Anchor investors are SBI MF, Sundaram MF, Karst Peak Asia Master Fund, DB International Asia, Societe Generale, Caisse De Depot Et Placement Du Quebec - First State Investments International and First State Indian Subcontinent Fund.
As Indian Railway Finance Corporation (IFRC) gets ready for its Dalal Street debut, CNBC-TV18 caught up with the company's Managing Director, SK Pattanayak and he exclusively said that IRFC is ready to get listed as the Corporate Affairs Ministry (MCA) has resolved the tax issue, which was delaying the process.
Galaxy Surfactants' Rs 937-crore IPO was subscribed 20 times during January 29-31. The IPO was in a price band of Rs 1,470-1,480 per share.