The IPO comprises fresh issuance of shares worth Rs 450 crore besides an offer for sale of up to 30 lakh equity stocks by existing shareholder Kanubhai M Patel Trust, as per the draft papers.
Ajcon Global has come out with its report on Indostar Capital Finance. The research firm has recommended to "Subscribe " the IPO in its research report as on May 8, 2018.
ICICI Direct has come out with its report on Indostar Capital Finance Ltd. The research firm has recommended to "Avoid" the IPO in its research report as on May 8, 2018.
The IPO, the first in FY19, is scheduled to open on May 9 and close on May 11. Anchor investor allocation will be a day prior to the bid/offer opening date: May 8
Aditya Birla Money has come out with its report on Indostar Capital Finance. The research firm has recommended to "Subscribe " the IPO in its research report as on May 7, 2018.
Choice Equity Broking has come out with its report on Indostar Capital Finance Ltd. The research firm has recommended to "Avoid" the IPO in its research report as on May 4, 2018.
The company had filed draft papers with Securities and Exchange Board of India (Sebi) in February and obtained its "observations" on August 27, as per the latest update with the regulator.
Mumbai-based Lodha Developers has revived its plans to launch an initial public offer (IPO) and will soon file draft red herring prospectus (DRHP) with Sebi.
The company is popularly known for its games on World Cricket Championship, Chhota Bheem and Motu Patlu series.
The hotel chain company is aimed to raise Rs 1,001.6-1,038.7 crore through the issue at a price band of Rs 54-56 per share.
These investors subscribed shares at higher end of price band of Rs 54-56 per share.
The issue consists of an offer for sale of up to 7,72,49,508 equity shares by promoter ICICI Bank, which includes reservation of up to 38,62,475 shares for purchase by the ICICI Bank shareholders.
The price band for the offer has been fixed at Rs 37-40 per share, a company statement said.
SS Infrastructure Development Consultants is aimed to raise Rs 17.11 crore through the issue will close on April 5.
The entire issue by Lemon Tree Hotels consists of offer for sale by Maplewood Investment, RJ Corp, Ravi Kant Jaipuria and Sons (HUF), Whispering Resorts, Swift Builders, Five Star Hospitality Investment Limited, Palms International Investments Limited, Satish Chander Kohli and Raj Pal Gandhi.
The company aims to raise Rs 33.49 crore at higher end of price band through the issue.
The IPO consists of an offer for sale of 85,92,970 equity shares by parent company HDFC and 1,68,64,585 shares by other promoter Standard Life Investments Limited.
The offer will close on March 26, 2018 and the anchor investor offer will be opened for subscription on March 21.
The company is the third sea foods exporter that approached Sebi with IPO papers in less than a month. Earlier, Sandhya Marines and Devi Seafoods had filed filed their respective preliminary papers with the market watchdog.
The company intends to raise Rs 438.4 crore through the issue at higher end of price band. The offer will close on March 23.
The country's largest private sector lender is likely to raise approximately Rs 4,200 crore by diluting 24 percent equity stake in ICICI Securities through public offer.
At price band of Rs 1,215-1,240, the company is expected to raise Rs 4,144-4,119 crore through the issue.
The bank which mainly lends to the micro finance institutions (MFIs) also sees MSME and affordable housing segments as a huge lending opportunity, said Chandra Shekhar Ghosh, CEO, Bandhan Bank.
The Kolkata-based bank and its shareholders will be selling up to 119.3 million shares, or about 10 percent of the post-issue share capital of the bank, in a price range of Rs 370-375 each in the IPO
The company had filed draft papers with Sebi in December last year and obtained "observations" from the regulator on March 1, as per the latest information with the markets watchdog.