New Delhi, Mar 7 (PTI) Hexagon Nutrition has received capital markets regulator Sebi's approval to raise up to Rs 600 crore through an initial public offering (IPO).The company's public issue consists of a fresh issue of equity shares aggregating to Rs 100 crore, and an offer for sale (OFS) of up to 30,113,918 equity shares, [...]
New Delhi, Mar 7 (PTI) India Exposition Mart Ltd, a leading integrated exhibitions and conventions venue, has filed a preliminary prospectus with markets regulator Sebi to raise Rs 600 crore through an initial public offering. The initial share-sale comprises fresh issue of equity shares aggregating up to Rs 450 crore and an offer-for-sale (OFS) of [...]
New Delhi, Mar 7 (PTI) Suraj Estate Developers Ltd has filed preliminary papers with capital markets regulator Sebi to mop-up Rs 500 crore through an initial public offering (IPO). The funds will be raised through fresh issuance of equity shares, the draft red herring prospectus (DRHP) filed with Sebi showed on Monday. Funds to the [...]
New Delhi, Mar 6 (PTI) India will miss its revised disinvestment target for the second time in the past eight years by a wide margin, as the government may not be able to raise an expected over Rs 60,000 crore from the IPO of insurance behemoth LIC in 2021-22. Since the Modi government came to [...]
The government will take a call on the IPO of the country's largest insurer LIC in the "best interest of the investors", a senior official said on Friday as it is closely watching the market amid volatility caused by the Russia-Ukraine war. DIPAM Secretary Tuhin Kanta Pandey said that while the government's desire is to [...]
New Delhi, Mar 4 (PTI) Leading stock exchange NSE, which is facing allegations of governance lapses, has started the hunt for a new managing director and chief executive officer as the five-year tenure of incumbent chief Vikram Limaye is ending in July.The exchange has invited applications from candidates having IPO (initial public offering) experience for [...]
New Delhi, Mar 3 (PTI) IPO-bound Life Insurance Corporation (LIC) has appointed Sunil Agrawal as its chief financial officer (CFO). Agrawal took charge on Wednesday, sources said. This is the first time that LIC has appointed an outsider as CFO. Prior to this, LIC Executive Director Shubhangi Sanjay Soman was holding charge as CFO of [...]
New Delhi, Mar 3 (PTI) Keen to keep government deficit within stated targets, the finance ministry will from March 15 start daily monitoring of the revenue receipts, including tax collections, as well as expenditure. The move comes against the backdrop of a possible deferment of the initial public offering (IPO) of LIC, which was expected [...]
New Delhi, Mar 3 (PTI) IPO-bound OYO on Thursday said it has appointed Prakash Padariya as the Chief Information Security Officer for IT and security teams. "In his role at OYO, Prakash will helm a security strategy for OYO's systems globally, including regions such as India, SEA (Southeast Asia), Europe, the USA and the UK," the [...]
Kolkata, Mar 2 (PTI) City-based UCO Bank on Wednesday said it has tied up with fintech firm Fisdom for launching paperless facilities of Demat account, pension fund, e-tax filing and stockbroking services through mobile banking channel. UCO Bank customers will now be able to track stocks, evaluate their performance, learn about IPOs and secondary capital [...]