PUBLIC EQUITY

BanyanTree-backed Dilip Buildcon seeks $445 mn valuation via IPO

July 26, 2016 | TEAM VCC

Construction company Dilip Buildcon Ltd is targeting a valuation of about Rs 3,000 crore ($445 million) through an initial public offering that opens next week.

Exclusive: GR Infraprojects picks merchant banks for IPO

July 26, 2016 | Bruhadeeswaran R

Delhi-headquartered GR Infraprojects Ltd has picked four merchant banks to manage its proposed initial public offering (IPO) that would see one of its two private equity investors exit, two people close to the development told VCCircle.

Advanced Enzyme IPO records second-best show in eight years

July 22, 2016 | Joseph Rai

The initial public offering of Advanced Enzyme Technologies Ltd was heavily oversubscribed on the final day of the issue on Friday, making it the second-biggest offering by subscription in eight years.

Advanced Enzyme IPO subscribed 4.3 times on second day

July 21, 2016 | Joseph Rai

The initial public offering of Advanced Enzyme Technologies Ltd was fully covered on the second day of the issue on Thursday, as institutional buyers joined retail investors in bidding for the company's shares.

L&T Infotech shares drop in market debut

July 21, 2016 | TEAM VCC

L&T Infotech Ltd, the software services arm of engineering giant Larsen & Toubro Ltd, made a tepid debut on stock exchanges on Thursday with its shares dropping 6.1% from the issue price.

Advanced Enzyme IPO covered 89% on first day

July 20, 2016 | Joseph Rai

The initial public offering of Advanced Enzyme Technologies Ltd was covered 89% at the end of the first day of the issue on Wednesday thanks largely to retail investors.

The issue of 3.23 million shares received bids for 2.28 million shares, stock-exchange data show.

Exclusive: Numero Uno defers IPO, explores other options to give exit to PE investor

July 20, 2016 | Debjyoti Roy

Gurgaon-based apparel and lifestyle accessories firm Numero Uno Clothing Ltd has pushed back plans for an initial public offering that it intended to float to raise funds for expansion, a top company executive told VCCircle.

Exclusive: Warburg Pincus-backed Continental Warehousing picks bankers for IPO

July 19, 2016 | Bruhadeeswaran R

Mumbai-based logistics company Continental Warehousing Corporation (Nhava Sheva) Ltd has hired two merchant bankers to manage its planned initial public offering, a person aware of the development told VCCircle.

ICICI Prudential Life files for India's first insurance IPO

July 18, 2016 | Bruhadeeswaran R

ICICI Prudential Life Insurance Co Ltd has filed draft papers for an initial public offering, parent ICICI Bank said on Monday, in what would be the first IPO by an insurance company in India.

Exclusive: Indostar defers IPO plan as it scouts for consumer finance NBFC

July 15, 2016 | Bruhadeeswaran R

Non-banking financial company (NBFC) IndoStar Capital Finance Pvt Ltd has pushed back plans for an initial public offering as it builds its retail loan book, said two people close to the development.

L&T Technology Services files for IPO

July 15, 2016 | Ranjani Raghavan

Larsen & Toubro Ltd said on Friday its engineering research and development unit has filed a draft red herring prospectus with the Securities and Exchange Board of India for an initial public offering.

Tiger Global to get just what it invested in Caratlane stake sale

July 14, 2016 | TEAM VCC

Tiger Global Management’s bet on Caratlane.com doesn’t seem to have paid off rich dividends as the hedge fund giant is getting almost the same money it invested in the Indian jewellery e-tailer by selling its stake to Titan Co Ltd.

Kotak PE-backed Advanced Enzyme eyes $300 mn valuation in IPO

July 13, 2016 | TEAM VCC

Advanced Enzyme Technologies Ltd is seeking a valuation of as much as Rs 2,000 crore ($300 million) through an initial public offering that opens next week.

Govt seeks to raise $254 mn via stake sale in NBCC

July 13, 2016 | PTI

The Centre on Wednesday approved 15 per cent disinvestment in state-owned construction firm NBCC, hoping to garner Rs 1,706 crore from the stake sale.

L&T Infotech IPO oversubscribed more than 10 times on final day

July 13, 2016 | TEAM VCC

The initial public offering of L&T Infotech Ltd, the technology services arm of engineering giant Larsen & Toubro Ltd, received 11.67 times the shares on sale at the end of the three-day issue period on Wednesday.

Quess Corp shares jump 57% on listing

July 12, 2016 | TEAM VCC

Fairfox-controlled business services provider Quess Corp Ltd made a stellar debut on stock exchanges on Tuesday with its shares surging 57% from the initial public offering price.

L&T Infotech’s IPO fully covered on first day

July 11, 2016 | TEAM VCC

The initial public offering of L&T Infotech Ltd, the technology services arm of engineering giant Larsen & Toubro Ltd, received strong response from institutional and retail investors as the issue was fully subscribed on the first day itself on Monday.

Govt starts process to sell stakes in private companies

July 08, 2016 | TEAM VCC

The Indian government has invited bids from bankers to sell its minority stakes in many listed and unlisted companies as part of efforts to raise revenue and keep its fiscal deficit under control.

Carlyle-backed PNB Housing Finance files for $370 mn IPO

July 05, 2016 | TEAM VCC

PNB Housing Finance Ltd has filed its draft red herring prospectus for an initial public offering (IPO) to raise up to Rs 2,500 crore ($370 million).

Fairfax-controlled Quess Corp's IPO records highest investor interest in over 8 years

July 01, 2016 | TEAM VCC

The initial public offering of business services provider Quess Corp Ltd received bids for a whopping 144 times the number of shares on sale, making it the most attractive IPO in more than eight years.

Pages

Advertisement