With this, the total number of company getting Sebi's clearance for the public issues -- initial public offer (IPO) and follow on public offer (FPO) -- has reached to seven, so far in the new year.
The IPO will also include an offer by Reliance Capital to sell up to 79.5 million shares, Reliance Capital said.
Mazagon, a leading shipyard of the country, would see sale of over 2.24 crore equity shares, amounting to 10 percent stake of the government.
The initial public offer (IPO) will see sale of 17,600,000 shares, amounting to 25 per cent stake, of the company through the offer for sale (OFS) route by the government, the draft prospectus filed with Sebi showed.
The initial public offering (IPO) to raise about Rs 1,641 crore received bids for 6,49,07,563 shares against the total issue size of 4,13,26,672 shares, as per NSE data till 1800 hrs.
The IPO, to raise about Rs 1,641 crore, received bids for 1,16,68,957 shares against the total issue size of 4,13,26,672 shares, according to data available with the National Stock Exchange (NSE).
ICICI Direct has come out with its report on Chalet Hotels Ltd. The research firm has recommended to "Subscribe" the IPO in its research report as on January 29, 2019
It operates five hotels, including a hotel with a co-located serviced residence, located in the Mumbai Metropolitan Region, Hyderabad, and Bengaluru, representing 2,328 keys, as of March 31, 2018.
We recommend investors to Subscribe for the Long term on the issue, said Hem Securities
Chalet Hotels Friday announced a Rs 1,600-crore initial public offering which includes issue of fresh equity and also sale by promoters.
Choice Broking has come out with its report onChalet Hotels Ltd. The research firm has recommended to "Subscribe" the IPO in its research report as on January 28, 2019
NHAI has filed papers for "public issue of taxable, secured redeemable non convertible bonds in the nature of debentures upto Rs 10,000 crore".
The initial share sale comprises fresh issuance of shares aggregating up to Rs 70 crore and an offer for sale of up to Rs 29 lakh by the company's promoters, according to the draft red herring prospectus (DRHP) filed with Sebi.
The insurer, which had approached the regulator in July seeking its clearance to launch IPO, obtained Sebi's "observations" on November 2, as per the latest update with the market watchdog.
The IPO comprises fresh issuance of shares worth up to Rs 1,300 crore, besides, an offer for sale of up to Rs 250 crore by company's promoter PR Cement Holdings, according to the draft red herring prospectus (DRHP) filed with Sebi.
The company, which had filed its draft papers with Sebi in August seeking its clearance to float an initial share-sale, obtained its "observations" on October 26, latest update with the markets watchdog showed.
Bharat Hotels and Spandana Sphoorty obtained the regulator's "observations" on October 12, latest update with Securities and Exchange Board of India (Sebi) showed.
The company opened its public offer on September 28 with a price band at Rs 183-185 per share.
The promoters -- Rajendra Gandhi, Sunita Rajendra Gandhi -- and venture capital firm Sequoia Capital India Growth Investment would be offloading their shares.
Brokerage houses advised either subscribing with caution or said high risk appetite investor may opt this public issue due to current equity market conditions and dependency of the company on limited number of large customers for revenue.
The portion reserved for qualified institutional buyers in Aavas Financiers has been subscribed 2.77 times, non-institutional investors 13 percent and retail investors 19 percent.
The Rs 345-crore offer, scheduled to close Wednesday, was subscribed 67 per cent till 1700 hours, according to data available with the NSE.
Dinesh Engineers intends to raise Rs 183 crore at lower end and Rs 185 crore at higher end of the price band.
Choice Broking has come out with its report on Dinesh Engineers. The research firm has recommended to "Subscribe" the IPO in its research report as on September 26, 2018
Aditya Birla Money has come out with its report on Aavas Financiers. The research firm has recommended to "Subscribe" the IPO in its research report as on September 24, 2018