Engineering company IRB Infrastructure, on April 25, 2017, became the first firm to announce a public offer in the infrastructure investment trusts (InvITs) space, with a Rs 5,000-crore plus public issue of its fund R
The education firm saw a tepid listing on Friday as the stock opened at Rs 402, down sharply by 20 percent from its issue price of Rs 502 per share.
The Rs 894-cr public issue of L&T Technology Services, the wholly owned subsidiary of engineering & construction giant L&T, has opened for subscription. The price band is fixed at Rs 850-860 per share.
Speaking to CNBC-TV18 MD & CEO Vishwavir Ahuja says the bank has been able to draw the attention of investors due to the right blend of traditional and technologically advanced banking services that it offers.
The issue, which will close on August 23, comprised of fresh issue and offer for sale. Bids can be made for a minimum of 65 equity shares and in multiples of 65 shares thereafter. The subscription for anchor investors‘ portion will be opened for a day on August 18, the day before issue opening.
State-owned United Bank of India on June 29 said it plans to raise Rs 1,000 crore through issuance of equity to qualified institutional buyers (QIBs)
Ujjivan, which has already received in-principle approval to set up a small finance bank, would be the second microfinance firm to go public this fiscal.
Bharat Wire Ropes raised Rs 70 crore through public issue that was open for subscription during March 18-22.
The issue consists of fresh issue of Rs 250 crore and an offer for sale of about 62.70 lakh equity shares by promoters Kailash Sahebrao Katkar & Sanjay Sahebrao Katkar, and investor Sequoia Capital India Investment Holdings III.
UBI said it will raise Rs 500 crore in the first tranche and Rs 1,000 crore in one or more tranches during any financial year. The decision was taken at the board meeting held today, the bank said in a BSE filing.
Through the issue of NCDs (secured and unsecured), the Kerala-based gold financing company plans to raise up to Rs 250 crore, with a right to retain over-subscription of Rs 250 crore, giving the offering a total size of Rs 500 crore
Out of total issue, the company raised Rs 210 crore by issuing fresh shares while the US-based private equity firm Blackstone garnered Rs 290 crore by offloading its 10 percent stake in the company. In 2010, Blackstone had bought a 33 percent stake in the company for Rs 243 crore.
"By the end of Day 1 ie by 5.00 PM the issue was oversubscribed by 11.04 times of the base issue size of Rs 400 crore and 6.31 times of the overall issue size of Rs 700 crore," the company said in a statement.
An Indian infrastructure construction, development and management company, PNC Infratech is going to open its public offer on May 08, 2015. The price band is fixed from Rs 355 to Rs 378 per equity share.
The public issue of VRL Logistics will open for subscription on April 15, 2015, consisting of a fresh issue of equity shares aggregating up to Rs 117 crore and an offer for sale of up to 1,71,16,000 equity shares by NSR-PE Mauritius LLC and promoters Vijay Sankeshwar & Anand Sankeshwar.
"Majorly banks have to approach public for using the funds that is something the government has made very clear and in order to give a headroom, the government has to inject periodically some amount of capital in public sector banks," says Ram Sangapure, ED of PNB
A New Delhi based company Raghuvansh Agrofarms is going to raise Rs 3.94 cr through its public issue of 36 lakh equity shares of face value of Rs. 10 each on the SME platform of the BSE.
NCML Industries, the leading edible oil importing, manufacturing and marketing companies of India is going to open its public issue of 60 lakh equity shares on the BSE and NSE.
State-run IFCI has come out with its public issue of secured, redeemable, non-convertible debentures of face value of Rs 1000 each for an amount aggregating up to Rs 2000 crore.
India Infoline Housing Finance has filed draft prospectus for a public issue of un-secured, redeemable, non-convertible debentures of a face value of Rs 1,000 each, ("NCDs"). aggregating to a total of upto Rs 200 crore.
Karnimata Cold Storage a West Bengal based company is going to open it public issue on February 25, which will close on March 03, 2014.
500 crore public issue of secured redeemable non-convertible debentures of ECL Finance is going to open for subscription on January 16 which has scheduled to close on January 27, 2014.
ECL Finance, one of India's leading diversified financial services group, has filed DRHP to raise Rs 500 crore via its public issue of secured redeemable non-convertible debentures of the face value of Rs 1,000 each.
Leading retail-financing NBFC Shriram City Union Finance Ltd. proposes to open a public issue of Non-convertible Debentures (â€œNCDsâ€) on November 25, 2013.
Delhi-based company raised Rs 9 crore through the issue, which was opened for subscription during October 15 and October 18.