Axis Capital, ICICI Securities, IIFL Holdings and YES Securities are acting as book running lead managers to the issue
Founder Kailash and Sanjay Katkar complete their over 20-year-old journey from hardware repair shop to Dalal Street
Wafer-thin margins in an industry with low entry barriers are other discouraging factors
Company has fixed price band of Rs 311-321 per share
Shares of Engineers India closed at Rs 193 apiece on Friday, down 0.52 per cent from the previous close
QIB segment was subscribed 2.6 times, retail portion 1.8 times and HNI portion remained undersubscribed at 0.73 times
Offer will allow Gaja Advisors, ICICI Ventures to partially exit firm, will also raise funds for acquisitions and tech investments
After Sebi's go-ahead, BSE will be able to file its offer document and proceed with listing process
According to sources, Quess Corp can file the Draft Red Herring Prospectus (DRHP) with Sebi in a day or two
Camshafts IPO, open since Wednesday, will be first to list in just six days after closing
The next update would be uploaded on Sebi's website on February 1
Issue proceeds to be used for meeting pharma R&D expenses, clinical trials and other general corporate purposes
Price band for the offer has been fixed at Rs 180-186 per share
Focus on value-added products and rising market share bodes well for revenue and margins
The company is expected to garner Rs 423 crore at the upper end of the price band
Company allotted 6.61 mn shares at Rs 186 a piece
The company has declared a total dividend of Rs 7.76 crore for 2014-15
Fund managers direct a fifth of equity investments to the listings of Alkem, Dr Lal, Narayana
The IPO will hit the market on Jan 27 with an offer for sale of up to 91,50,000 equity shares
Despite recent declines in indices, at least half a dozen plan to launch initial public offerings before Budget