A player in water treatment industry, VA Tech Wabag has opened its Rs 475 crore initial public offering for subscription. The price band is at Rs 1,230-1,310 a share. The issue consists of a fresh issue of Rs 125 crore and offer for sale of Rs 350 crore. The offer will close on September 24 [...]
The initial public offering of Indian renewable energy-based power generation company Orient Green Power Company (OGPL) opened for subscription. Gupta Equities says, OGPL issue is an attactive investment, in its research report dated September 21. The company aims to raise Rs 900 crore from its public issue, which has a price band of Rs 47-55 [...]
Tecpro Systems Tecpro Systems Limited is coming out with a 100% book building; initial public offering (IPO) of 7,550,000 equity shares of Rs 10 each in a price band Rs 340-355 per equity share. Up to 60% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, [...]
India’s apparel maker Cantabil Retail India Ltd said on Friday it has fixed a price band of Rs127 to 135 per share for its initial public offering ( IPO ) to raise up to Rs105 crore. Cantabil Retail is in the business of designing, manufacturing and retailing readymade garments and accessories, with 411 retail outlets [...]
Microsec Financial Services Limited Microsec Financial Services Limited is coming out with a 100% book building; initial public offering (IPO) of 12,500,000 equity shares of Rs 10 each in a price band Rs 113-118 per equity share. Up to 50% of the Net Issue to the public shall be allotted on a proportionate basis to [...]
The leading providers of tutorial services in India Career Point Infosystems, is planning to hit the capital markets with an Initial Public Offering (IPO) on September 16 to raise up to Rs 115 crore. The company has fixed the price-band of its issue at Rs 295-310 per equity share. The premium of the issue will [...]
Eros International Media Eros International Media (EIML) is coming out with a 100% book building; initial public offering (IPO) aggregating to Rs 350 crore of face value Rs 10 each in a price band of Rs 158-175 per equity share. Up to 60% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including [...]
Indian anchorage abettor Gujarat Pipavav Port Ltd on Thursday surged 22% on admission on the BSE as investors animated its Danish full-blooded and reasonable valuation. Shares of Gujarat Pipavav were trading at Rs53.8, about 17% college than the affair amount in a close Mumbai market, abatement from a aerial of Rs58.4, a 27% jump. The [...]
Jindal India Powertech (JIPL), a holding company of Jindal India Thermal Power (JITPL), promoted by BC Jindal Group, is planning to go public by early next year. The size of the initial public offer (IPO) will be around Rs 800-1,000 crore. The group’s other two major listed companies Jindal Photo and Jindal Poly films are [...]
Water treatment solutions provider, VA Tech Wabag is likely to hit the capital market by the mid-September with its initial public offering (IPO) for raising about Rs 500 crore.The public offering by VA Tech would be a new category of issue, after successful fund raising by microfinance major SKS Microfinance. Rating agency ICRA has graded [...]
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