Page 2 - Axis Capital
Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank
It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers
 "Sebi clears decks for IPO of 100-year-old lender Tamilnad Mercantile Bank")
Course5 Intelligence files documents with Sebi to raise Rs 600 cr via IPO
The IPO comprises a fresh issue of equity shares aggregating up to Rs 300 crore and an Offer For Sale of equity shares aggregating up to Rs 300 cr.
 "Course5 Intelligence files documents with Sebi to raise Rs 600 cr via IPO")
CMS Info Systems files draft papers with Sebi to garner Rs 2,000-cr via IPO
The company's initial public offer (IPO) is a pure offer for sale by promoter Sion Investment Holdings Pte Limited, as per the DRHP
 "CMS Info Systems files draft papers with Sebi to garner Rs 2,000-cr via IPO")
Anil Agarwal's Sterlite Power Transmission hires two banks for IPO
The IPO will mainly consist of new shares, and more bankers may be added as plans progress
 "Anil Agarwal's Sterlite Power Transmission hires two banks for IPO")
Axis entities get Irdai approval to acquire stake in Max Life Insurance
Axis Entities will have the right to acquire another 7 per cent in the life insurance company, in or more tranches
 "Axis entities get Irdai approval to acquire stake in Max Life Insurance")
Competition Commission gives go-ahead to Axis-Max Life Insurance deal
Additionally, Axis Capital and Axis Securities will acquire 2 per cent and 1 per cent, respectively, shareholding in Max Life
 "Competition Commission gives go-ahead to Axis-Max Life Insurance deal")
Kalyan Jewellers files for Rs 1,750-cr IPO in largest offer in its sector
Issue involves fresh fundraise of Rs 1,000 cr and Rs 750 cr secondary share sale by promoter T S Kalyanaraman and PE firm Warburg Pincus
 "Kalyan Jewellers files for Rs 1,750-cr IPO in largest offer in its sector")
In biggest equity-raising exercise, Airtel launches $2-bn share sale
The numbers are based on changes in the company's balance sheet since the financial year 2014-15 (FY15) and upto September 2019
 "In biggest equity-raising exercise, Airtel launches $2-bn share sale")
Puranik Builders re-files IPO papers, plans to raise Rs 1k-cr to pare debt
Edelweiss Financial Services Ltd and Axis Capital will manage the company's initial share-sale. Shares of the company will be listed on the BSE and NSE.
 "Puranik Builders re-files IPO papers, plans to raise Rs 1k-cr to pare debt")
M&A deals set to surge as founders face acute cash squeeze: Axis Capital
The financing squeeze has already taken a toll on the country's economic expansion, which in turn erodes borrowers' capability to repay further
 "M&A deals set to surge as founders face acute cash squeeze: Axis Capital")
Amidst exuberance, Bajaj Finance investors may be caught on the wrong foot
Analysts still peg growth for FY20 upwards of 30%, even as management turned cautious after Q1
 "Amidst exuberance, Bajaj Finance investors may be caught on the wrong foot")
Axis Capital CEO Dharmesh Mehta steps down; firm names replacements
The Board of Axis Capital in a meeting held on Tuesday accepted Mehta's resignation
 "Axis Capital CEO Dharmesh Mehta steps down; firm names replacements")
