New Delhi, Feb 4 (PTI) Edible oil major Adani Wilmar on Friday finalised the issue price of its Rs 3,600 crore initial public offering (IPO) at Rs 230 per share. In a regulatory filing, Adani Enterprises said Adani Wilmar has finalised the issue price for the equity shares at Rs 230 apiece. The price band [...]
New Delhi, Feb 4 (PTI) Harsha Engineers International, a manufacturer of precision bearing cages, has filed a preliminary prospectus with markets regulator Sebi to raise Rs 755 crore through an initial public offering (IPO).The public issue consists of a fresh issue of equity shares aggregating to Rs 455 crore, and an offer for sale (OFS) [...]
New Delhi, Feb 3 (PTI) Vedant Fashions Ltd, which owns ethnic wear brand Manyavar, on Thursday said it has garnered Rs 945 crore from anchor investors, ahead of its IPO roll-out on Friday. The company has decided to allot 1,09,09,450 equity shares to anchor investors at Rs 866 apiece, which is also the upper band [...]
New Delhi, Feb 2 (PTI) The Department for Promotion of Industry and Internal Trade (DPIIT) will soon approach the Union Cabinet to seek its approval on changes in the foreign direct investment (FDI) policy to facilitate disinvestment of the country's largest insurer LIC, a top government official said on Wednesday. DPIIT Secretary Anurag Jain said [...]
New Delhi, Feb 2 (PTI) The government is likely to file draft papers for the mega initial public offering of LIC with market regulator Sebi by next week, while a portion of the issue would be reserved for anchor investors, a top official said on Wednesday. In an interview with PTI, Tuhin Kanta Pandey, Secretary [...]
New Delhi, Feb 2 (PTI) The government is likely to file draft papers for the mega initial public offering of LIC with market regulator Sebi by next week, while a portion of the issue would be reserved for anchor investors, a top official said on Wednesday. In an interview with PTI, Tuhin Kanta Pandey, Secretary [...]
New Delhi, Feb 1 (PTI) The government's receipts from disinvestment proceeds in the next financial year beginning April have been pegged at Rs 65,000 crore, lower than the current year's estimated mobilisation of Rs 78,000 crore. With budgeted disinvestment targets rarely being met, Finance Minister Nirmala Sitharaman's fourth Budget drastically reduced the receipts to an [...]
Johannesburg, Jan 31 (PTI) South Africa's leading Exchange Traded Funds (ETF) trader Satrix on Monday launched a new fund that creates investment opportunities in top Indian companies.Satrix said that as one of the largest and fastest growing economies in the world, India represents a unique investment opportunity among emerging markets."We’re pleased to announce the opening [...]
Adani Wilmar's initial public offering (IPO) saw more than 17 times demand than shares on offer as institutional and retail investors alike queued up to lap up shares, reposing their faith in the issue despite turbulent market. The issue garnered bids for 212.87 crore shares against an issue size of 12.25 crore shares on the [...]
New Delhi, Jan 31 (PTI) Hariom Pipe Industries has received capital markets regulator Sebi's go ahead to raise Rs 100-120 crore through an initial public offering. The public issue comprises sale of 85 lakh equity shares of the company, the Draft Red Herring Prospectus (DRHP) filed with Sebi showed. [...]
