Vraj Iron and Steel IPO has seen a strong demand, with the issue being subscribed 8.3 times on Day 2 by 12:30 PM
The initial public offer of Allied Blenders and Distillers, the maker of Officer's Choice Whisky, received 51 per cent subscription on the first day of bidding on Tuesday. The Rs 1,500-crore initial share sale received bids for 2,01,69,680 shares against 3,93,71,669 shares on offer, as per NSE data. The category for non-institutional investors received 87 per cent subscription while the Retail Individual Investors (RIIs) part got subscribed 63 per cent. The Qualified Institutional Buyers (QIBs) portion received 2 per cent subscription. The Initial Public Offer (IPO) has a fresh issue of up to Rs 1,000 crore and an offer for sale of up to Rs 500 crore. The initial share sale has a price range of Rs 267-281 a share. Allied Blenders and Distillers Ltd on Monday said it raised Rs 449 crore from anchor investors. Proceeds from the fresh issue worth Rs 720 crore will be used for the payment of debt, and a portion will be used for general corporate purposes. With a market share of over
Six IPOs, including the Bharti Hexacom IPO and Aluwind Architectural IPO, will get listed on the stock exchanges
The four new indices are Nifty Tata Group 25 per cent Cap, Nifty 500 Multicap India Manufacturing 50:30:20, Nifty 500 Multicap Infrastructure 50:30:20, and Nifty MidSmall Healthcare
The IPO from Bharti Airtel's subsidiary opened for subscription on Wednesday, April 3, and closed on Friday, April 5
Gurugram-based Samhi Hotels and Jaipur-based Motisons Jewellers have received final observation from Sebi
Primary issue will be of Rs 5,000 crore, which the company will raise via public issue; OFS by existing investors will be Rs 2,460 crore
The entire IPO would be offer-for-sale (OFS), wherein existing shareholders will sell NSE's shares
Karvy's companies have taken close to Rs 2,900 crore from banks, including ICICI Bank, HDFC Bank, and Lakshmi Vilas Bank
The NSE's Rs 10,000-crore maiden offer to provide partial or full exit to 27 shareholders has got delayed by nearly a year due to a probe against it
The exchange was earlier expecting the share sale to take off this fiscal, but it may get delayed as the probe is still on
Exchange's pending co-location issue with Sebi has caused uncertainty
Bankers say NSE could raise as much as $1 billion from the proposed IPO
NSE filed its draft papers with Sebi in December to raise an estimated over Rs 10,000 crore
The bourse's valuations may get a boost, as it gets set for its OFS of about Rs 10,000 crore
Exchange's shareholders hopeful that initial public offering of shares will remain on track despite CEO exit
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
Citi, JM, Kotak, Morgan Stanley selected as lead bankers