LIC had infused Rs 4,743 crore into IDBI Bank on October 23, 2019 using policyholders’ funds while the bank further raised Rs 1,435.1 crore on December 19, 2020 by way of a qualified institutional placement (QIP).
This could be a new way for Indian startups to go public faster, and sometimes at a higher valuation
The Pune-based firm counts Indian Railways, Rashtrapati Bhavan, the Tata Group, Hindustan Unilever and Accenture as its clients.
Aster DM Healthcare filed its draft red herring prospectus (DRHP) for IPO in June 2016 with an intention to raise around Rs 2,000 crore, to provide an exit to existing PE investors, repay debt, and invest on expansion.
Nakshatra World filed its DRHP with the Securities and Exchange Board of India (SEBI) and the exchanges on Wednesday. The company had announced intentions to raise Rs 650 crore in an exchange notification in December 2016.
Security and Intelligence Services has received market regulator Sebi's go ahead for raising an estimated Rs 500 crore through an initial public offering.
Two leading stock market entities -- NSE and CDSL -- have flagged concerns over the move to demonetise high value currencies, saying there is uncertainty about its impact on their businesses.
Four shareholders -- BSE, SBI, Bank of Baroda and the Calcutta Stock Exchange -- would be selling stakes in Central Depository Services (India) Ltd (CDSL) through the IPO.
Reuters had reported last week that NSE's IPO process was on track despite the unexpected resignation of CEO Chitra Ramkrishna, with plans to file a filing with the Securities and Exchange Board of India (SEBI) by January.
The leading housing finance firm had filed IPO papers with Sebi in July. The markets regulator issued its final 'observations' on October 6 on the draft offer documents, which is necessary for any company to launch the public offer.
The public issue comprises fresh issue of shares worth Rs 418.80 crore and an offer for sale of up to one crore shares by Warburg Pincus and 36,76,820 shares by Abraaj, as per Draft Red Herring Prospectus.
HPL Electric & Power has fixed the price band for its Rs 361 crore IPO at Rs 175-202 per share. The company's initial public offer (IPO) will open from September 22-26.
Sheela Foam is looking at valuation of USD 400-500 million and the company will dilute 15 percent stake in the offer for sale.
PNB Housing Finance on July 5 approached SEBI for an initial public offer worth up to Rs 2,500 crore
Engineering major Larsen & Toubro (L&T) on May 25 said it will decide on when to launch the IPO of L&T Infotech in a week.
L&T Infotech, an arm of engineering giant Larsen and Toubro (L&T), has received capital markets regulator SEBI's approval for its proposed initial public offering (IPO)
According to sources, Gangavaram port may file for a Draft Red Herring Prospectus (DRHP) and complete the process by the second half of FY17.
The government in 2013 appointed four merchant bankers- SBI Cap, Goldman Sachs, Barclays and Axis Capital -for managing the stake sale of HAL.
The IPO comprises fresh issue of shares worth Rs 80 crore and an offer-for sale of up to 6,445,224 equity scrips by the existing shareholders including IDFC Private Equity, as per the Draft Red Herring Prospectus (DRHP) filed with Sebi.
Another microfinance lender Ujjivan Financial Services had received Sebi's clearance last month to mop up funds through initial share sale programme, but its IPO date could not be ascertained.
The company has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (Sebi) for the public issue of its equity shares.
This is the company's second attempt to hit the capital markets. As per the fresh draft red herring prospectus (DRHP) filed with capital markets watchdog, the IPO comprises fresh issue of shares aggregating up to Rs 60 crore and an offer for sale of up to 44,73,470 scrips by the existing shareholders.
The Securities and Exchange Board of India cleared the proposed initial share sales and gave final observations on the IPOs on December 18.
Paranjape and Bharat Wire Ropes filed their draft red herring prospectus (DRHP) with Sebi in July, while footwear manufacturer and retailer SSIPL had approached the capital markets regulator in October.
The company had filed its Draft Red Herring Prospectus (DRHP) with Sebi in September for the IPO wherein the promoters and other existing shareholders will collectively sell 1.16 crore shares of the company, which amounts to 14.1 percent stake in the firm.