Hindustan Construction Company today said its subsidiary, Lavasa Corporation, has been given the green signal for a Rs 2,000 crore initial public offer (IPO) by the Securities and Exchange Board of India. "… Lavasa Corporation Ltd , subsidiary company of HCC, has received observation letter from Securities and Exchange Board of India (SEBI) for its [...]
State-run Manganese Ore India Ltd (MOIL) on November 26 will launch an initial public offering of shares that could raise up to $270 million, two sources with direct knowledge of the transaction said on Thursday. The issue will close for institutional bidders on November 30 and on December 1 for retail investors, said the sources, [...]
R.P.P. Infra Projects R.P.P. Infra Projects is coming out with a 100% book building; initial public offering of (IPO) 65,00,000 equity shares of face value Rs 10 each in a price band Rs 68-75 per equity share. Up to 50% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the [...]
RPP Infra Projects, engaged in infrastructure development, would become the first corporate that would relax the limit for retail investors in its IPO to Rs 2 lakh against Rs 1 lakh earlier as per the new norms announced by the market regulator SEBI , a company statement said here. R.P.P. Infra Projects IPO Analysis, Updates, [...]
The government has decided to keep Hindustan Copper’s follow-on public offer ( FPO . on track, dispelling all speculation about a possible postponement of the issue. While offers from Shipping Corporation of India (SCI) and Manganese Ore India (MOIL) are due later this month, doubts had been cast over Hindustan Copper’s issue, widely speculated to [...]
Private lender City Union Bank plans to raise about Rs 2,000 crore from the capital market by 2015, either through the QIP route or a rights issue , Executive Director N Kamakoti said late last night. "We want to raise funds to about Rs 2,000 crore by 2015… We have already got shareholders’ approval for [...]
State-run PowerGrid Corporation’s follow-on public offer was oversubscribed 10.67 times till 1300 hours on the final day of the issue today, generating demand worth a whopping Rs 81,092 crore. The FPO through which the government is looking to garner Rs 7,600 crore, has received bids for 898.4 crore shares against 84.17 crore shares on offer, [...]
Shilpi Cable Technologies, which is engaged in making cables for telecom sector, today said it hopes to hit the capital market with a Rs 55.88 crore share sale offering by January. "We plan to launch our initial public offering by January, subject to regulatory approval," Shilpi Cable director Manish Goel told PTI. The New Delhi-based [...]
A manufacturer of lead metal Gravita India is entering capital market with an initial public offering (IPO) of 36 lakh equity shares on November 1 and will close on November 3. The company aims to raise Rs 43.2-45 crore at a price band of Rs 120-125 a share. Gravita intends to utilise the proceeds of [...]
The government has approved a follow-on public offer (FPO) of UCO Bank, reports CNBC-TV18 quoting Dow Jones. "We are discussing share sale quantum in MMTC and Rashtriya Ispat Nigam (RINL)," government sources say. State-owned Shipping Corporation of India’s FPO is likely in first week of December and the issue for Hindustan Copper is likely to [...]
Enter your email address below to receive updates each time we publish new content.
Stock News Personal Finance Tips Recent Video