| More follow-on required | 11-NOV-09 |
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| Given how they’ve followed the prime minister’s statements on an increased disinvestment target, it is obvious the timing of Securities and Exchange Board of India’s (Sebi’s) moves on follow-on public offers (FPOs) is related to that — needless to say, the policy applies to all companies, not just government-owned ones. |
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| Sebi allows auction for QIBs in follow-on offers | 10-NOV-09 |
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| Less than a week after the government announced a bigger disinvestment programme, the market regulator today introduced a significant change in the way institutional bidders invest in follow-on public offers by allowing allotments through auctions. |
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| FII inflows touch $10 bn this fiscal | 14-SEP-09 |
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| Foreign institutional investors’ (FIIs’) inflows into the Indian equity markets have touched $10 billion so far in the current financial year. |
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| IPO application: Sebi committee wants 1-day window for QIBs | 11-SEP-09 |
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| Qualified Institutional Buyers (QIBs) may get only one day for applying when an initial public offering opens for subscription. According to discussions at the market regulator’s Primary Market Advisory Committee meeting today, there was a consensus on reducing the period for QIB applications from five days at present. |
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| HDFC: Cashing in at the right time | 19-AUG-09 |
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| The cost at which home loan major HDFC is borrowing Rs 4,000 crore — 7.15 per cent for two years and 7.85 per cent for three years — is very reasonable. The money will come in handy for the company to subscribe to warrants of HDFC Bank for an estimated amount of Rs 3,600 crore. The qualified institutional buyers (QIBs) who have bought the non-convertible debentures (NCDs) are also entitled to warrants, which can be converted into shares within three years at Rs 3,265 per share. |
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| HDFC to raise over Rs 4,000 crore through QIBs | 18-AUG-09 |
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| Housing Development Finance Corporation Ltd (HDFC), the multi-faceted finance company, has decided to dilute a maximum 3.5 per cent equity to Qualified Institutional Buyers (QIBs) to raise over Rs 4000 crore. |
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| Indiabulls Financial Services raises $200 mn via QIB | 22-JUL-09 |
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| Domestic financial services major Indiabulls Financial Services today said it has raised nearly $200 million (about 966 crore) by private placement of shares with qualified institutional buyers (QIBs). |
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| Falling stocks hit QIP investors | 10-JUL-09 |
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| Qualified institutional buyers (QIBs), which recently invested in placements of companies, have suffered serious losses due to thek recent slide in stock markets. |
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| Levelling the field | 19-JUN-09 |
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| For some time now, retail investors in Initial Public Offerings(IPOs) have resented the fact that they had to pay up the full amount for the shares they were applying for, whereas larger institutional investors were getting away by paying a small fraction of the bid amount. In fact, Qualified Institutional Buyers (QIBs) paid nothing for a long time, until the regulator stepped in to say they needed to cough up at least 10 per cent of the value of the shares applied for. |
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| Sebi opens window for new hybrid product | 09-DEC-08 |
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| The Securities and Exchange Board of India (Sebi) has put in place a framework for a new hybrid product, whereby companies can raise low-cost debt and at the same time, allow investors to detach the |
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| Editorial: Sebi's reform drive | 19-AUG-08 |
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| The last six months have been largely uneventful in a capital market that has been in a correction phase. Against this backdrop, the new Securities and Exchange Board of India (Sebi) chairman, CB |
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