July 16, 2014 20:31 (IST)
Budget airline IndiGo has picked six lead managers for its initial public offering (IPO), which could be worth up to $400 million (Rs 2,400 crore at 1 dollar = 60 rupees), three people involved in the deal said.
July 12, 2014 16:54 (IST)
A group of 27 top executives and investors in Alibaba Group Holding Ltd, including co-founder Jack Ma, can appoint another two directors to the company's board once it goes public, according to a US regulatory filing.
Kolkata | July 06, 2014 16:13 (IST)
Optimistic about the next wave of growth in wind power, the $2-billion Inox Group is looking at the capital market for Inox Wind Ltd to raise around Rs 1,000 crore by this fiscal year.
Mumbai | July 01, 2014 22:36 (IST)
Private township developer Lavasa Corporation, which is a subsidiary of the engineering and realty major Hindustan Construction Company, said on Tuesday it plans to mop up Rs 750 crore through an initial public offering.
New Delhi | July 01, 2014 19:51 (IST)
Green shoots have begun to appear in the primary market with filing of the first draft offer document with the Securities and Exchange Board of India (Sebi) since the new government took charge at the Centre and many others are expected to follow suit in the coming weeks, analysts say.
San Francisco | June 27, 2014 08:02 (IST)
Alibaba, which handles more than 80 per cent of online retail transactions in the world's second-largest economy, will list under the symbol "BABA," the company said in an updated initial public offering prospectus.
Mumbai | June 20, 2014 18:26 (IST)
Capital market regulator Sebi has ordered attachments of bank accounts and demat accounts held by Rajesh Services Centre and Krishna Enterprises to recover pending dues worth about Rs 42.7 lakh from them in a matter related to irregularities in IPO of Edserv Softsystems.
New Delhi | June 19, 2014 23:28 (IST)
In a bid to revive the primary market, the Securities and Exchange Board of India (Sebi) on Thursday eased norms related to the size of an initial public offering (IPO) and pricing of preferential shares while allowing anchor investors to have a greater exposure to the offering.
New Delhi | June 19, 2014 20:19 (IST)
With IPOs worth Rs 60,000 crore getting scrapped in last three years, Sebi chief U K Sinha said on Thursday market sentiment is mainly driven by company promoters' decisions and rules alone can't change their minds.
New Delhi | June 12, 2014 20:33 (IST)
State-owned steel maker Rashtriya Ispat Nigam's initial public offering (IPO) may take place by October, with the government likely to sell a 10 per cent stake in the company, according to a Steel Ministry official.
June 10, 2014 20:58 (IST)
The Securities and Exchange Board of India (Sebi) said the five year prohibition would take into account the period of restraint already undergone by the merchant banker, pursuant to the interim order dated December 28, 2011.
June 10, 2014 08:01 (IST)
Morgan Stanley, J.P. Morgan and Citigroup are the lead underwriters for the IPO, the company told the US Securities and Exchange Commission in a preliminary prospectus.
May 28, 2014 23:07 (IST)
Alibaba Group Holding Ltd will name the 28 people who will control the world's biggest e-commerce firm in an update to its initial public offering (IPO) filing, the Wall Street Journal said, quoting people familiar with the plans.
New Delhi | May 25, 2014 20:37 (IST)
The Department of Disinvestment (DoD) is working on launching the equity sale of Hindustan Aeronautics Ltd in the second half of the current fiscal year (2014-15), according to a government official.
May 23, 2014 17:37 (IST)
The promoters own 90 per cent and venture capital fund Sequoia Capital holds 10 per cent equity of the company.
New Delhi | May 19, 2014 16:17 (IST)
As per a report by Prime Database, there are 14 firms, planning to raise Rs 2,796 crore, which are holding Sebi's nod. Also, there are four companies intending to garner Rs 2,700 crore through IPO are awaiting the approval of market regulator.
May 10, 2014 19:45 (IST)
JD.com, China's second-largest e-commerce company behind Alibaba Group Holding Ltd, said it expected to price its initial public offering (IPO) of American depositary shares (ADS) at $16-$18 each, valuing the company at up to $24.6 billion.
May 08, 2014 09:22 (IST)
The group, which dominates China's e-commerce market, combines aspects of eBay, Amazon, PayPal and other Western tech darlings, and according to analysts an investor frenzy could drive its value as high as $200 billion when it goes public in the US later this year.
San Francisco | May 07, 2014 08:14 (IST)
Alibaba Group Holding Ltd, which powers 80 per cent of all online commerce conducted in the world's second-largest economy, is expected to raise more than $15 billion, potentially surpassing the $16 billion that Facebook Inc raised when it went public in 2012.
April 21, 2014 20:24 (IST)
The Rs 180-crore IPO received bids for 51,17,000 share against 1,23,25,000 shares on offer, data available on the NSE till 5 pm showed.