"The shares will be listed on BSE SME Exchange," the company said in a statement.
CNBC-TV18 learns that the Ministry of Railways is likely to push for Dalal Street debut of Indian Railway Finance Corporation this fiscal.
Going by the draft red herring prospectus (DRHP), the public issue comprises sale of 64,428,280 equity shares, amounting to 20 percent stake, by ICICI Bank.
Capricorn Food Products India Ltd, an integrated food processing company, today filed draft papers with markets regulator Sebi to float an initial public offering.
The IPO consists of a fresh issue of up to Rs 725 crore and an offer for sale of up to 1,34,28,251 equity shares by the promoter, Union Investments Private Limited.
Galaxy Surfactants' Rs 937-crore IPO received bids for 8,85,08,110 shares against the total issue size of 44,32,174 shares, data available with the NSE till 1930 hours showed.
Investors bid for 88.1 million shares, or 19.9 times the 4.4 million shares on offer, stock exchange data as of 1258 GMT showed.
Avast's IPO would be the largest ever British technology IPO if it goes ahead.
Amber Enterprises added gains of 44.03 percent or Rs 378.25, and rose 4.85 percent compared to pre-opening price of Rs 1,180.
The appliance maker had a very successful initial public offering (IPO), registering a subscription of 165 times.
Speciality chemicals manufacturer Galaxy Surfactants initial public offer was fully subscribed on the first day of bidding today.
The stock had listed at Rs 256 on the National Stock Exchange.
The issue will close on February 7 and the anchor allocation is scheduled a day before the issue open i.e. February 2.
Newgen Software is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.
Multiple brokerages are recommending subscribing to the issue, citing fair valuations and factors such as having a first movers’ advantage.
Galaxy Surfactants aims to raise Rs 930.75-937.08 crore at a price band of Rs 1,470-1,480 per share. Out of which, it already garnered Rs 281.13 crore from 33 anchor investors at Rs 1480 per share on January 25.
The company's IPO committee has finalised allocation of 18,99,500 equity shares to as many as 25 anchor investors at Rs 1,480 apiece, also the upper price band for the offer, Galaxy Surfactants informed the stock exchanges.
HEM Securities has come out with its report on Galaxy Surfactants IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on January 25, 2018
The company has fixed issue price at higher end of price band of Rs 245 per share.
Centrum has come out with its report on Galaxy Surfactants IPO , The research firm has recommended to “ Subscribe ” the IPO in its research report as on January 25, 2018
This is the fourth PSU that has approached Sebi for IPO in less than one month. The other three are - Mishra Dhatu Nigam Ltd, RITES Ltd and Indian Renewable Energy Development Agency (IREDA).
Route Mobile Ltd today filed draft papers with markets regulator Sebi to raise an estimated Rs 600 crore through an initial share-sale.
According to average of estimates of analysts polled by CNBC-TV18, operating profit may increase 32 percent year-on-year to Rs 374 crore and margin may expand 150 basis points to 12.9 percent in Q3.
Route Mobile will also use issue proceeds for investment in subsidiaries for purchase of office premises in London and Singapore; purchase of business process outsourcing centre in Noida; and general corporate purposes.
The stock had gained a whopping 74 percent in the opening tick at Rs 478 on the BSE.