Page 16 - Initial Public Offering Ipo
Ravi Infrabuild files papers with Sebi to raise Rs 1,100 cr through IPO
Udaipur-based company will use proceeds to invest in subsidiaries and repay borrowings
 "Ravi Infrabuild files papers with Sebi to raise Rs 1,100 cr through IPO")
PSIT files Rs 472 crore IPO for PropShare Titania, its second SM Reit
The IPO proceeds will fund acquisition of 4.4 lakh sq ft grade A+ office asset in Mumbai fully leased to blue-chip tenants with projected 9 per cent yield till FY28
 "PSIT files Rs 472 crore IPO for PropShare Titania, its second SM Reit")
NSE receives in-principle approval from Sebi for electricity derivatives
The exchange has received in-principle approval from Sebi to launch electricity derivatives, with discussions on contract structure and tenure still underway
 "NSE receives in-principle approval from Sebi for electricity derivatives")
India's IPO market loses steam as global jitters, tensions deter investors
Avanse Financial and Anthem Biosciences are among firms, including LG's India unit, set to delay IPO plans amid weak market sentiment, according to investment bankers
 "India's IPO market loses steam as global jitters, tensions deter investors")
India's IPO market loses steam as global jitters, tensions deter investors
Avanse Financial and Anthem Biosciences are among firms, including LG's India unit, set to delay IPO plans amid weak market sentiment, according to investment bankers
Street Signs: India and US markets align, IPO engine revs in silence, more
US markets held steady from September to February
 "Street Signs: India and US markets align, IPO engine revs in silence, more")
Priority Jewels files draft papers with Sebi to mop-up funds via IPO
Priority Jewels Ltd, has filed preliminary papers with markets regulator Sebi seeking its nod to launch an initial public offering (IPO). The Mumbai-based company's IPO is completely a fresh issue of 54 lakh equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Wednesday. Proceeds from the fresh issue to the extent of Rs 75 crore will be utilized for payment of debt, besides, a portion will be used for general corporate purposes. Founded in 2007, Priority Jewels designs, manufactures and sells a wide range of light-weight, affordable diamond-studded gold and platinum fine jewellery. It sells directly to independent jewellers and jewellery chains in India as well as select international markets. It supplies its products to leading jewellery chains, including CaratLane, Kalyan Jewellers India, Reliance Retail, Malabar Gold & Diamonds FZCO, Tribhovandas Bhimji Zaveri and Senco Gold. It has two jewellery manufacturing ...
Priority Jewels files draft papers with Sebi to mop-up funds via IPO
Priority Jewels Ltd, has filed preliminary papers with markets regulator Sebi seeking its nod to launch an initial public offering (IPO). The Mumbai-based company's IPO is completely a fresh issue of 54 lakh equity shares with no offer-for-sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Wednesday. Proceeds from the fresh issue to the extent of Rs 75 crore will be utilized for payment of debt, besides, a portion will be used for general corporate purposes. Founded in 2007, Priority Jewels designs, manufactures and sells a wide range of light-weight, affordable diamond-studded gold and platinum fine jewellery. It sells directly to independent jewellers and jewellery chains in India as well as select international markets. It supplies its products to leading jewellery chains, including CaratLane, Kalyan Jewellers India, Reliance Retail, Malabar Gold & Diamonds FZCO, Tribhovandas Bhimji Zaveri and Senco Gold. It has two jewellery manufacturing ...
Sebi proposes mandatory demat before IPO filings to plug regulatory gaps
Sebi highlighted that dematerialisation eliminates inefficiencies and risks associated with physical share certificates, such as loss, theft, forgery, and delays in transfer and settlement
 "Sebi proposes mandatory demat before IPO filings to plug regulatory gaps")
Duroflex to push ahead with IPO, eyes double-digit revenue growth
Duroflex, founded about six decades ago in the south Indian state of Kerala, receives 85 per cent of its revenue from mattresses
 "Duroflex to push ahead with IPO, eyes double-digit revenue growth")
Duroflex to push ahead with IPO, eyes double-digit revenue growth
Duroflex, founded about six decades ago in the south Indian state of Kerala, receives 85 per cent of its revenue from mattresses
Canara HSBC Life Insurance files for IPO; Canara Bank, PNB to sell stakes
The insurance firm, which manages more than ₹40,000 crore ($4.7 billion) in assets, did not detail the size or timing of the IPO but said it will not issue fresh shares
Canara HSBC Life Insurance files for IPO; Canara Bank, PNB to sell stakes
The insurance firm, which manages more than ₹40,000 crore ($4.7 billion) in assets, did not detail the size or timing of the IPO but said it will not issue fresh shares
Ather IPO sees 16% subscription, ABSL AMC Q4 profit up 10%, and more
On Friday, Ather allocated shares worth Rs 1,340 crore to anchor investors
 "Ather IPO sees 16% subscription, ABSL AMC Q4 profit up 10%, and more")
Street signs: Banking stocks run out of steam, Sebi's shift to e-office
The Securities and Exchange Board of India (Sebi), based in Mumbai's Bandra Kurla Complex, is set to overhaul its operations by adopting a fully digital 'e-office' system
 "Street signs: Banking stocks run out of steam, Sebi's shift to e-office")
Prestige Hospitality Ventures files DRHP to raise ₹2,700 cr through IPO
The proposed IPO comprises a fresh issue of equity shares aggregating up to ₹1,700 cr and an offer for sale of shares worth up to ₹1,000 cr by the parent company, Prestige Estates Projects
 "Prestige Hospitality Ventures files DRHP to raise ₹2,700 cr through IPO")
Ather Energy garners Rs 1,340 cr from anchor investors ahead of IPO
Electric two-wheeler maker Ather Energy Ltd on Friday said it has mobilised Rs 1,340 crore from anchor investors days ahead of the launch of its initial share sale for public subscription. The Ather Energy IPO opens for public subscription on April 28. Some of the key anchor investors who were allocated shares include Custody Bank of Japan, Franklin Templeton, Abu Dhabi Investment Authority, Eastspring Investments, Morgan Stanley Investment Management and Societe Generale. PSBI Mutual Fund (MF), Aditya Birla Sun Life MF, ICICI Prudential MF, Invesco MF, Aditya Birla Sun Life Insurance, ITI MF and Union MF are among the anchor investors. According to a circular uploaded on BSE's website, the electric two-wheeler maker has allotted 4.17 crore shares to 36 funds at Rs 321 apiece, which is also the upper end of the price band. This aggregates the transaction size to Rs 1,340 crore. The Rs 2,981-crore public issue, with a price band of Rs 304 to Rs 321 a piece, will be available for pu
 "Ather Energy garners Rs 1,340 cr from anchor investors ahead of IPO")
IPO Alert! Prestige Hotel Ventures files draft papers with Sebi; details
Prestige Hotel Ventures has filed its draft papers with market regulator Sebi to raise funds via IPO
 "IPO Alert! Prestige Hotel Ventures files draft papers with Sebi; details")
Ather Energy sets IPO price band in range of ₹304 to ₹321 per share
The Tiger Global-backed company trimmed its IPO size on Tuesday to ₹2,626 crore ($308.3 million), down from its initial aim of raising ₹3,100 crore
From 96% holding to a sliver: How Gensol promoters made swift exit
Sebi order alleges misleading disclosures, fraudulent trades, fund diversions helped promoters offload their stake onto unsuspecting investors
 "From 96% holding to a sliver: How Gensol promoters made swift exit")