Page 4 - Share Sales

Private equity player TPG Growth sells Nykaa shares worth Rs 1,000 crore

Private equity player TPG Growth on Friday sold shares of e-commerce beauty company Nykaa for more than Rs 1,000 crore. As many as 5.42 crore shares of FSN E-Commerce Ventures, which runs Nykaa, were offloaded at a price of Rs 184.55 apiece through a block deal, as per data from the National Stock Exchange (NSE). The total value of the transaction is a little over Rs 1,000 crore, the data showed. These shares were acquired by various entities, including Societe Generale, HSBC Indian Equity Mother Fund and Goldman Sachs (Singapore) Pte, among others. The stock of Nykaa, which got listed last November, is in focus as the mandatory lock-in period for pre-offer investors came to an end on November 10. Shares of the company rose more than 3 per cent to close at Rs 192 apiece on the NSE on Friday.

SpaceX mulling secondary share sale at $150 billion valuation: Report

The offering would be aimed at helping employees and shareholders cash out, two of the sources said

Debt MFs face lower risk, may put up a better show in Samvat 2079

Analysts advice investors to stay away from longer-duration funds yet, or consider a staggered plan

LIC share sale is an 'Atmanirbhar issue': DIPAM secy Tuhin Kanta Pandey

The issue is an example that capital markets can be run without having to completely rely on foreign investors, Tuhin Kanta Pandey said

L&T Infotech and Mindtree to merge to create $22-bn firm: Report

The boards of Mindtree Ltd. and Larsen & Toubro Infotech Ltd., two software units, could consider share swap ratios.

Govt shortlists up to 60 anchor investors for LIC's share sale

Price discovery estimates insurer's value at around Rs 7 trillion

Investors' wealth tumbles by over Rs 8.47 trn amid global sell-off

The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday

LIC share sale may fetch govt up to Rs 65,000 cr; DRHP filing likely today

LIC IPO: LIC could be valued between Rs 11 trillion and Rs 12 trillion

Aramco plans world's biggest share sale at $50 billion: Report

Saudi Arabia would raise funds off its biggest asset, and use them to develop new industries

Rapid Holdings 2 offloads India Infra Trust's shares worth Rs 173 crore

On the BSE, it sold 1.72 crore units at an average price of Rs 101

Kayak Investments pares stake in Max Healthcare; sells 84.4 million shares

Kayak Investments Holding, one of the promoter entities of Max Healthcare Institute Ltd, on Wednesday sold 84.4 million shares of the company for Rs 2,956 crore through open market transactions

UBS Principal Capital Asia sells Axis Bank shares worth Rs 255 crore

UBS Principal Capital Asia Ltd on Friday sold Axis Bank's shares worth nearly Rs 255 crore through an open market transaction

UBS Principal Capital Asia sells IndusInd Bank's shares worth Rs 354 cr

UBS Principal Capital Asia Ltd on Thursday sold IndusInd Bank shares worth nearly Rs 354 crore through an open market transaction

CPPIB sells 2.3% stake in SBI Life Insurance Company

The shares were sold at Rs 1,171 apiece

LIC IPO bankers quote base fee of Rs 1 crore: Check details here

10 investment banks to divide fee pool; opt to go out-of-pocket

Sansera IPO to open on Sep 14; price band set at Rs 734-744/share

The initial public offering (IPO) is entirely an offer for sale (OFS) of 17,244,328 equity shares by promoters and investors

AAVAS Financiers' promoters sell shares worth over Rs 751 crore

Two promoters of AAVAS Financiers Ltd on Friday offloaded shares worth over Rs 751 crore, through open market transactions

Institutional buyers put in Rs 870 cr of bids for HUDCO share sale

Institutional investors on Tuesday placed bids worth over Rs 870 crore in the government's 8 per cent share sale in HUDCO. Institutional investors put in bids for over 19.40 crore shares against the base issue size of more than 9.90 crore shares. At the indicative price of Rs 45.03 apiece, the bids put in by institutional bidders are valued at over Rs 870 crore. "The OFS of HUDCO got good response on Day one. Issue subscribed nearly two times of base size by non-retail investors. Government has decided to exercise the green-shoe option, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey tweeted. The government is selling up to 8 per cent stake sale in HUDCO at a floor price of Rs 45 apiece. Bids would open for retail investors on Wednesday. The sale of over 16.01 crore shares, or a total of 8 per cent stake, would fetch around Rs 720 crore to the exchequer. The OFS comprises a base issue size of 5 per cent stake or over 11.01 crore shares, w

ECM fees in H1CY21 jump 25% to hit 10-year high of $126 mn amid IPO boom

IPOs by Indian companies totalled $3.9 billion in the first half of 2021, more than thrice the amount raised from the same period last year

Paytm extends deadline to submit documents for share sale to June 30

Paytm has extended the deadline for shareholders, employees and former employees to submit their documents by June 30, if they wish to sell their shares in the planned initial public offering