The renewable energy company plans to use the IPO proceeds to repay borrowings, fund subsidiaries and support general corporate purposes
MV Electrosystems on Monday fixed a price band of Rs 400 to Rs 425 per share for its Rs 290-crore upcoming initial public offering (IPO)
The proceeds from the fresh issue will be utilised towards funding the company's working capital requirements and for general corporate purposes
The upcoming issues, expected to collectively raise over Rs 25,000 crore, include a mix of fresh equity issuances and offer for sale (OFS) component, merchant bankers said
₹9,275-crore issue opens on July 29 as the Temasek-backed hospital chain plans to add around 3,000 beds through greenfield and brownfield projects
MD & CEO Dilip Jose says the hospital chain will use the ₹8,000-crore fresh issue largely to repay debt, while pursuing organic expansion and selective acquisitions in key markets
Manipal Health will start taking investor orders on July 29 and plans to close bidding on July 31
As investors struggle to decide the best bet, analysts' consensus lies with ₹3,811-crore Indo MIM IPO as they find its global leadership position, robust financials and strong grey market positioning.
Three IPOs hit Dalal Street today - Indo-MIM, Lohia Corp and Xtranet Technologies. Check which IPO leads the GMP race along with issue details, brokerage views, and other key details.
Lohia Corp IPO review: Analysts have shared constructing view on the Lohia Corp IPO, with a 'Subscribe' rating for the long term.
Xtranet Technologies IPO has received mixed reviews, with Swastika recommending applying with a medium-term view. SBI Securities has a 'neutral' call on the offer.
Indo-MIM IPO: As investors await the opening of the subscription window, here are the key details of the Indo-MIM IPO
At the upper end of ₹152, the company seeks to raise ₹5,000 crore through the public issue, which comprises an entirely offer-for-sale (OFS) issue of 328.9 million equity shares
The company has named JPMorgan Chase & Co., Jefferies Financial Group Inc. as well as local investment banks Kotak Mahindra Capital Co. and Axis Capital Ltd. for the IPO process
Caliber Mining IPO comprises a fresh issue of 9.4 million shares aggregating ₹400 crore and an offer for sale (OFS) of 1.2 million shares worth ₹50 crore
Shares of the nation's largest funds manager by assets were quoted about 18% above the IPO price of ₹574 in the gray market on Monday
Bankers pitched to Coca-Cola for the mandate earlier this month in London, the two sources said, following which JPMorgan and Citi were appointed
Funds will be used to modernise Manufacturing Facility I, procure machinery for Manufacturing Facility II, and secure equipment for Power EPC projects
The IPO is entirely an OFS of up to 2.59 crore equity shares by existing shareholders. Since the issue is an OFS, the company will not receive any proceeds from the public offering
SBI Funds, India's largest asset manager, is jointly owned by State Bank of India Ltd. and France's Amundi SA