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Markets » IPOs » News

BS Reporter | Mumbai November 28, 2012 Last Updated at 20:15 IST

Care Ratings IPO to open on Dec 7

The company will be the third rating agency to list on the Indian bourses after Crisil and ICRA

Read more on: IPO | Icra | Crisil | Care Ratings

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The initial public offering of Credit Analysis and Research Limited (Care Ratings) will open for subscription between December 7 and December 11. The company will be the third rating agency to list on the Indian bourses after Crisil and ICRA.

Care is will nearly 7.2 million shares of face value Rs 10 each through the IPO. The entire issue will be offer for sale by existing shareholders and will comprise of 25.22% of the post-offer paid-up capital of the company.

Kotak, Bank of America Merrill Lynch, Edelweiss, ICICI Securities, IDBI Capital and SBI Capital Markets will be the book running lead managers to the issue.

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Bharti Infratel IPO opens on Dec 11

The Rs 4,500-crore initial public offering (IPO) of Bharti Infratel will open on December 11. The company's prospectus were cleared by the Securities ...

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