Mumbai, Feb 14 (PTI) Vedant Fashions, which owns the ethnic wear brand Manyavar, is getting listed on the NSE on Wednesday following the completion of its Rs 3,149-crore offer-for-sale share sale last week, which was subscribed 2.6 times. Based on the upper end of the IPO price band of Rs 866 a share, the company's [...]
LIC has filed its DHRP with SEBI for selling 5%, i.e., 31.62 Cr shares. The issue size could range from ₹ 53,500 crores to ₹ 93,625 crores, and the issue price from ₹ 1,693- ₹ 2,962 per share.This is purely an offer for sale by the promoters and LIC will not be receiving the proceeds. It [...]
New Delhi, Feb 13 (PTI) Setting the stage for the country's biggest ever public offering, Life Insurance Corporation on Sunday filed draft papers with capital market regulator Sebi for the sale of 5 per cent stake by the government for an estimated Rs 63,000 crore. The initial public offering of over 31.6 crore shares or [...]
New Delhi, Feb 13 (PTI) The government on Sunday filed draft papers with capital market regulator Sebi for the mega initial public offering (IPO) of insurance behemoth Life Insurance Corporation, aiming to mobilise an estimated Rs 63,000 crore. The IPO, which is likely to hit the capital market in March, is entirely an Offer for [...]
New Delhi, Feb 13 (PTI) The government on Sunday filed draft papers with capital market regulator Sebi for selling 5 per cent stake in insurance behemoth LIC through an initial public offering which is likely to hit D-street in March. "The DRHP of LIC IPO has been filed today with the SEBI. For filing valuation [...]
With Life Insurance Corporation's board giving its nod on Sunday, the state-owned insurance behemoth is all set to file the draft red herring prospectus (DRHP) for its initial public offering (IPO) with market regulator Sebi in a couple of days. The board of LIC in its meeting has given approval regarding the IPO, sources said. [...]
New Delhi, Feb 13 (PTI) TVS Supply Chain Solutions, part of TVS Mobility Group, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial share-sale consists of fresh issue of equity shares aggregating up to Rs 2,000 crore and an Offer for Sale (OFS) of [...]
New Delhi, Feb 13 (PTI) TVS Supply Chain Solutions, part of TVS Mobility Group, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The initial share-sale consists of fresh issue of equity shares aggregating up to Rs 2,000 crore and an Offer for Sale (OFS) of [...]
New Delhi, Feb 11 (PTI) Edible oil firm Ruchi Soya, which is owned by Baba Ramdev-led Patanjali Ayurveda, is likely to hit the capital market with its follow-on public offer (FPO) in the last week of this month to raise up to Rs 4,300 crore, sources said. In August last year, the company had received [...]
New Delhi, Feb 11 (PTI) Kids Clinic India Ltd, which operates super-specialty mother and babycare chain Cloudnine, has filed preliminary prospectus with Sebi to raise Rs 1,200 crore through an initial share-sale. The initial public offering (IPO) consists of a fresh issue of equity shares worth up to Rs 300 crore and an offer-for-sale (OFS) [...]
