Investment Advice for Stocks (Share), MF and Personal Finance » IPO

Reliance Comm plans $1.5bn unit IPO: Sources

admin — Mon, 30 Jan 2012 06:57:06 +0000

Reliance Communications is planning IPO for undersea cable unit in Singapore ? Telecoms company Reliance Communications is looking to raise about $1.5 billion through an initial public offering of its undersea cable unit in Singapore, a source with direct knowledge said on Wednesday. The debt-laden company, controlled by billionaire Anil Ambani, is planning to list the [...]

Reliance Comm plans $1.5bn unit IPO: Sources is a post from: Indian Stock Market Tips

Just Dial files DRHP with SEBI for an IPO

admin — Tue, 23 Aug 2011 12:57:00 +0000

Just Dial has filed draft red herring prospectus with Securities Exchange Board of India for an initial public offering (IPO). The company plans to raise around Rs 360 crore through issue of 10,637,994 equity shares of Rs 10 face value. Citigroup Global Markets India and Morgan Stanley India are the book running lead managers; Karvy [...]

Just Dial files DRHP with SEBI for an IPO is a post from: Indian Stock Market Tips

Tata Autocomp plans to launch 11 bln rupees IPO in 2-3 weeks

admin — Tue, 21 Jun 2011 17:31:00 +0000

Auto-parts maker Tata Autocomp Systems plans to launch a more than 11 billion rupee initial share sale in the next 2-3 weeks, R.S. Thakur, managing director and chief executive, told Reuters on Tuesday. The firm plans to raise 7.5 billion rupees from a fresh issue of shares, he said. Tata Autocomp files DRHP for IPO [...]

Tata Autocomp plans to launch 11 bln rupees IPO in 2-3 weeks is a post from: Indian Stock Market Tips

Subscription begins for Rushil Decor IPO

admin — Tue, 21 Jun 2011 08:27:58 +0000

Decorative laminated sheets manufacturer Rushil Decor has opened its initial public offering of 56,43,750 equity shares of face value Rs 10 each for subscription today. It has fixed price band at Rs 63-72 for the issue, which closes on June 23. The issue includes promoter’s contribution of 2,43,750 equity shares and issue to the public [...]

Subscription begins for Rushil Decor IPO is a post from: Indian Stock Market Tips

SBI Aims to Raise $4.48 billion Via Rights Issue

admin — Wed, 08 Jun 2011 08:00:00 +0000

State Bank of India’s chairman Wednesday said the government supports the state-run lender’s rights share issue plan, through which it aims to raise 200 billion rupees ($4.48 billion) by December. "We are in talks with the government for getting their share of contribution [to the rights issue]," Pratip Chaudhuri said. The federal government is the [...]

SBI Aims to Raise $4.48 billion Via Rights Issue is a post from: Indian Stock Market Tips

Reliance MediaWorks planning rights issue of equity shares, board meet on May 28

admin — Wed, 25 May 2011 06:10:00 +0000

Reliance MediaWorks, a part of Anil Ambani-led Reliance group , today said it is planning a rights issue of equity shares for which its board will meet on May 28 to consider the proposal. In a filing to the Bombay Stock Exchange , the company said its board of directors will also consider and approve [...]

Reliance MediaWorks planning rights issue of equity shares, board meet on May 28 is a post from: Indian Stock Market Tips

Complaints of IPO subscription violation derail Vaswani listing

admin — Wed, 25 May 2011 04:08:00 +0000

Capital market regulator Sebi has withheld the listing of sponge iron producer Vaswani Industries initial public offer (IPO), after it received complaints regarding irregularities in subscription. After the public issue of Vaswani Industries closed on May 3, Sebi received complaints from investors regarding irregularities in subscriptions, the regulator said in a press release issued late [...]

Complaints of IPO subscription violation derail Vaswani listing is a post from: Indian Stock Market Tips

Galaxy Surfactants sets IPO price band at Rs 325-340 per share

admin — Thu, 12 May 2011 02:21:00 +0000

Speciality chemicals maker Galaxy Surfactants today said it will raise about Rs 202 crore through its initial share sale offer , which will begin on May 13. The company has set a price band of Rs 325-340 per share for the IPO of 59.3 lakh equity shares, Galaxy Surfactants said in a statement. The IPO, [...]

Galaxy Surfactants sets IPO price band at Rs 325-340 per share is a post from: Indian Stock Market Tips

PFC’s FPO gets subscribed 0.20 times on its second day

admin — Wed, 11 May 2011 16:19:20 +0000

Power Finance Corporation’s (PFC) proposed Further Public Offer (FPO) which is likely to fetch close to Rs 5,300 crore at the upper end of the band and Rs 4,400 crore at the lower end of the price band has been subscribed 0.20 times on its second day. The Empowered Group of Ministers (EGoM) of the [...]

PFC’s FPO gets subscribed 0.20 times on its second day is a post from: Indian Stock Market Tips

GoAir plans $150 million IPO: Sources

admin — Wed, 04 May 2011 04:27:00 +0000

Indian budget airline GoAir is planning to raise about $150 million through a public offer (IPO) to fund its operational expenses, two sources with direct knowledge of the matter told Reuters. The airline has hired Bank of America Merrill Lynch and Edelweiss Capital to manage the offering, said the sources, who declined to be named [...]

GoAir plans $150 million IPO: Sources is a post from: Indian Stock Market Tips