The IPO is in a price band of Rs 424-432 and will close tomorrow
NPAs of the public insurer was to the tune of Rs 18,000 cr
The price band of the offer is fixed from Rs. 805 to Rs. 815 per equity share
A healthy order book and improving profitability and returns ratios make the pricing attractive
CSB is planning to raise money through an initial public offering or via private equity
Earlier, it was envisaged that timeline would be cut to four days
It will offer 3.78 million shares at a fixed price of Rs 45 per share of face value of Rs 10 each
The public issue comprises fresh issue of shares worth Rs 300 crore
It expects the final government go-ahead for it anytime now
Shelving merger plan with Max for now; up to 20% of equity to be offered for sale
Till now, structure prior to an IPO has been identified which satisfies shareholders' requirements
SBI Life Insurance is joint venture between SBI, BNP Paribas Cardif- French insurance company
The SME capital market has been witnessing participation from wider class of investors
To offer 19% shares held by ICICI Bank & Fairfax, 5% kept for individual, HUF shareholders of parent
UTI AMC could become the first fund house to be listed in the country
AU Small Finance Bank is the third SFB to be listed
Wealthy investors could borrow up to Rs 70,000 cr per issue to apply for good large-sized IPOs: Icra
Irdai has mandated a standard solvency ratio of 1.5
The IPO was subscribed 1.53 times during the June 21-23 offer period
GTPL Hathway's Rs 485-crore IPO was subscribed 1.53 times during June 21-23