Press Trust of India | Last Updated: June 23, 2016 10:08 (IST)
The initial share sale of country's second largest CNG retailer Mahanagar Gas continued to witness strong investor response with the issue getting oversubscribed 3.92 times on the second day of the three-day offering.
Press Trust of India | Last Updated: June 22, 2016 19:13 (IST)
Ahead of its proposed initial public offering, Asia's oldest bourse BSE on Wednesday warned investors against unauthorized offers to purchase or deal in the shares of the exchange that are unlisted currently.
Thomson Reuters | Last Updated: June 21, 2016 19:57 (IST)
Mahanagar Gas Ltd's $154-million (around Rs 1,040 crore) initial public offering was fully subscribed on Tuesday, signaling strong investor appetite in an overall optimistic stock market.
Written by Priyabrata Prusty | Last Updated: June 21, 2016 09:30 (IST)
Mahanagar Gas, a public sector company, which is in to the business of city gas distribution (CGD) and marketing of natural gas is offering 2.47 crore shares to public through an initial public offer (IPO).
Press Trust of India | Last Updated: June 21, 2016 00:33 (IST)
Mahanagar Gas Ltd, India's second largest CNG retailer, on Monday mopped up Rs 309 crore from anchor investors, a day ahead of its initial share sale.
Thomson Reuters | Last Updated: June 14, 2016 17:12 (IST)
Mumbai-based cooking gas supplier Mahanagar Gas Ltd plans to raise a maximum of 10.40 billion rupees ($154.65 million) through an initial pubic offering (IPO) on June 21, the company said on Tuesday.
Press Trust of India | Last Updated: June 02, 2016 14:41 (IST)
In a move that may pave the way for the long-pending IPO of RBL Bank, regulator Sebi has agreed to settle an outstanding case against the lender for alleged violation of disclosure norms with regard to an earlier issuance of shares to select investors for over Rs 600 crore.
Press Trust of India | Last Updated: May 30, 2016 20:17 (IST)
The Securities and Exchange Board of India (Sebi) seems to be on a fast-track mode in case of giving approvals to IPO proposals, as it has cleared 16 such applications so far this year while just four companies await the regulator's nod to launch their public offers.
Press Trust of India | Last Updated: May 26, 2016 10:35 (IST)
As many as 16 firms, including L&T Infotech and Quess Corp have received market regulator Sebi's approval so far this year for launching IPOs to fund business expansion and meet working capital requirements.
NDTV Profit Team | Last Updated: May 19, 2016 13:56 (IST)
Pune-based Parag Milk Foods is an integrated dairy player. It has a diversified product base with 57 per cent of revenue coming from value-added products like cheese, paneer and whey powder that have higher margins.
Press Trust of India | Last Updated: May 17, 2016 23:20 (IST)
The Securities and Exchange Board of India (Sebi) has sought clarification from the merchant banker of L&T Infotech, an arm of engineering giant Larsen and Toubro (L&T), regarding the company's proposed initial public offering.
Press Trust of India | Last Updated: May 15, 2016 16:29 (IST)
Hindustan Construction Company (HCC) has put a proposed initial public offer (IPO) for its ambitious Lavasa project on the back-burner for a third time, citing bad market conditions in the realty sector.
Press Trust of India | Last Updated: May 11, 2016 23:23 (IST)
Parag Milk Foods' initial public offering, which was extended by three days, got oversubscribed 1.83 times, with the qualified institutional investors quota receiving full subscription on the final day of the offer on Wednesday.
Thomson Reuters | Last Updated: May 10, 2016 14:56 (IST)
Saudi Arabia's state-owned oil giant is finalising options for its partial privatisation and will present them to its Supreme Council soon, its chief executive said about the centrepiece of the kingdom's efforts to overhaul its economy.