Stock broker SMC Global files for IPO; ‘blank cheque’ investor Millennium India may part-exit with loss
November 02, 2012 | Madhav A Chanchani
South Africa’s financial services major Sanlam will hold 7.81% while media group BCCL will have 3.58% stake in the brokerage post issue.
October 19, 2012 | TEAM VCC
Units of Religare Health Trust were trading around 10% discount to the IPO price before the close of trading on debut on Friday.
October 18, 2012 | Diksha Dutta
This follows a virtual write-down by PE firms Bain Capital & TPG on their $86m investment in the firm after a legal spat with Lilliput promoters over accounting practice.
October 17, 2012 | Reuters
IndusInd Bank has picked three banks including Morgan Stanley and Asia-Pacific brokerage CLSA for a sale of shares that could raise between $250 million and $300 million.
Biz software firm Workday co-founded by Aneel Bhusri flares to multi-billion dollar valuation on listing
October 16, 2012 | Sainul K Abudheen
Workday had raised $250 mn from investors, including Greylock Partners, NEA, T Rowe Price, Morgan Stanley Investment, Janus Capital and Amazon CEO Jeff Bezos.
October 10, 2012 | Bruhadeeswaran R
It has been working to become a full-fledged financial services company with intent of doubling its balance sheet every two years.
October 03, 2012 | Bruhadeeswaran R
The public listed company had raised PE funding to the tune of around Rs 440 cr from KKR and IFC last year.
October 01, 2012 | TEAM VCC
The proposal may call on the promoters of companies floating an IPO to buy back shares from small shareholders at the issue price.
September 21, 2012 | Bhawna Gupta
Post stake purchase, Rakesh Jhunjhunwala along with his wife holds 14.55% per cent stake in the ICICI Venture-backed company.
September 14, 2012 | TEAM VCC
The tower arm, which is also backed by KKR, India Equity Partners and Axa PE among others, has as many as 13 investment bankers involved in the IPO.
September 07, 2012 | Bhawna Gupta
Amtek India is majority-owned by public-listed Amtek Auto, a firm backed by PE investors including Warburg Pincus and ChrysCapital.
September 04, 2012 | Bhawna Gupta
The company, which has IL&FS PE, Clearwater Capital and AIM-listed Kubera Cross Border Fund as shareholders, has lost 75% value over the past one year.
August 16, 2012 | TEAM VCC
Fairbridge has spent around $171 million to acquire 87.1% stake in the public-listed travel services company.
August 09, 2012 | Pooja Sarkar
Research firm says, would not buy Indiabulls stocks unless management is replaced; advises investors to seek legal remedies.