Open offers made by listed companies to buy shares from public shareholders dropped about 32 per cent to Rs 11,766 crore in the last fiscal ended March 31, shows latest data published by market regulator Sebi.
L&T Infotech Ltd, the technology services unit of engineering firm Larsen & Toubro Ltd, has received the green signal from the capital markets regulator Securities and Exchange Board of India (SEBI) for its initial public offering (IPO).
British energy giant BP Plc's wholly owned unit Castrol Ltd on Thursday sold an 11.5% stake in its Indian lubricants subsidiary for about Rs 2,075 crore ($308 million) to investors including Singapore sovereign wealth fund GIC.
Revised IPO guidelines will be issued soon for insurers as some of them are keep to tap this route, regulator IRDAI Chairman T S Vijayan said today while pegging the total foreign investment in sector at Rs 15,000 crore in the last one year due to increase in FDI limit.
Barbeque Nation Hospitality Ltd, which operates an eponymous chain of casual-dining restaurants, has charted out a new growth plan as it prepares to float an initial public offering (IPO) next year, people familiar with the matter told VCCircle.
International SIM card provider Matrix Cellular (International) Services is pushing back plans to raise money through an initial public offer (IPO) by another 12-18 months, said a person close to the development.
Bengaluru-based microfinance firm Ujjivan Financial Services Ltd rose on its stock market debut on Tuesday, after receiving a strong response from investors at its initial public offering earlier this month.
Thyrocare Technologies Ltd made a spectacular debut on the stock markets on Monday with its shares listing at a 48% premium to the issue price, highlighting strong investor interest in the diagnostics segment.
Dairy firm Parag Milk Foods Ltd has cut the price band of its initial public offering (IPO) and extended the issue closure as it failed to see the minimum subscription level by institutional investors.
Dairy firm Parag Milk Foods Ltd saw one-tenth of its initial public offering (IPO) covered on the first day as high-net-worth individuals (HNIs) and corporate investors largely stayed away and retail and institutional investors too barely took a sip.
Dairy firm Parag Milk Foods Ltd has raised Rs 342.86 crore ($52 million) from a clutch of anchor investors, including sovereign wealth funds of Norway and Abu Dhabi. Other investors include funds under Nomura, Morgan Stanley, Tata MF, Neuberger Berman and Quantum.
The capital markets regulator Securities and Exchange Board of India (SEBI) has given its approval to the proposed initial public offerings (IPOs) by enzyme manufacturer Advanced Enzyme Technologies Ltd and business services provider Quess Corp, according to a disclosure.
The initial public offering of Bengaluru-based microfinance firm Ujjivan Financial Services Ltd drew a massive response on the third and final day of the issue with investors making bids for 40.66 times the shares on sale.
Bengaluru-based microfinance firm Ujjivan Financial Services Ltd's initial public offering (IPO) was covered 81% at the end of the second day on Friday, led by retail investors' participation, as the issue picked up pace after a slow start.