Press Trust of India | Last Updated: September 03, 2015 20:45 (IST)
On September 1, the final day of the original issue closure period, the company had lowered the price band to Rs 115-126, from Rs 140-147.
Press Trust of India | Last Updated: September 02, 2015 19:11 (IST)
Yesterday, the company had lowered the price band to Rs 115-126, from Rs 140-147. Besides, the Prabhat Dairy IPO was extended by three days to September 4 as the issue failed to generate interest among investors on its final day of offering. The issue was scheduled to close yesterday.
Thomson Reuters | Last Updated: September 02, 2015 17:38 (IST)
Shares hit their lowest level in about a year last week, hit by global turbulence sparked by steep market drops in China. Foreign investors - crucial in larger offerings - sold a record amount of shares in August, offloading even more than during the financial crisis.
Press Trust of India | Last Updated: September 01, 2015 22:56 (IST)
Prabhat Dairy has hit the capital markets on August 28 to raise Rs 300 crore through fresh issue of shares and and an offer for sale of up to 1,47,06,000 shares by existing shareholders. The price band has been fixed at Rs 140-147.
Press Trust of India | Last Updated: September 01, 2015 16:24 (IST)
The capital market watchdog said it might issue observations on draft offer documents within 30 days, after receiving satisfactory reply from the lead merchant bankers.
Press Trust of India | Last Updated: August 31, 2015 20:47 (IST)
Sadbhav plans to raise Rs 425 crore through fresh issue of equity shares and an offer for sale of up to 32.36 lakh equity shares by existing investors, including the anchor investor portion. The price band has been fixed at Rs 100-103.
Press Trust of India | Last Updated: August 31, 2015 18:26 (IST)
The company provides country specific SIM card, offers voice, data and SMS services under the brand name 'Matrix' to travellers outbound from India.
Written by Priyabrata Prusty | Last Updated: August 31, 2015 11:05 (IST)
Sadbhav Infrastructure Projects Rs 491-crore initial public offer opened for subscription on Monday.
Press Trust of India | Last Updated: August 30, 2015 15:36 (IST)
The company alloted 2.04 crore equity shares at a price of Rs 103 aggregating Rs 210 crore, the company said in a statement.
Written by Priyabrata Prusty | Last Updated: August 28, 2015 10:20 (IST)
Prabhat Dairy is a Maharashtra based integrated milk and dairy company. Institutional business contributes 76 per cent of its revenue. Mondelez India Foods (formerly Cadbury India),Britannia Industries, Mother Dairy are among Prabhat's marquee institutional clients. Prabhat, Milk Magic and Falva are some of the retail brands distributed in the Mumbai.
NDTV | Last Updated: August 26, 2015 16:48 (IST)
Pennar Engineered Building Systems deals with designing, manufacturing, supply and assembly of customs-designed building systems. Its products and services include pre-engineered buildings and design and engineering services for various manufacturing, warehousing, industrial and custom-designed commercial buildings.
Thomson Reuters | Last Updated: August 25, 2015 15:12 (IST)
Concerns about a prolonged Chinese economic slowdown and fears over volatile shares could force some companies to delay their deals, stunting the run of IPOs this year.
Press Trust of India | Last Updated: August 24, 2015 18:53 (IST)
Maharashtra-based Navkar Corp plans to mobilise up to Rs 510 crore by issuing fresh equity shares and rake in up to Rs 90 crore through sale of existing shares.
Press Trust of India | Last Updated: August 24, 2015 18:22 (IST)
The board of Securities and Exchange Board of India (Sebi) has approved the removal of current restriction on the maximum number of anchor investors (currently 25) for anchor allocation of public issue worth over Rs 250 crore.
Press Trust of India | Last Updated: August 23, 2015 19:36 (IST)
Looking to tap upbeat investor sentiment, five companies including Sadbhav Infrastructure Projects and Navkar Corp will hit the capital markets this month to raise an estimated over Rs 1,500 crore through initial public offers (IPOs).
Written by Priyabrata Prusty | Last Updated: August 23, 2015 12:38 (IST)
Navkar Corporation's initial public offer (IPO) opens for subscription on Monday, August 24, and will close on Wednesday, August 26. The container freight station (CFS) operator plans to raise around Rs 600 crore at the higher end of the price band of Rs 147-Rs 155.
Press Trust of India | Last Updated: August 21, 2015 21:14 (IST)
The company plans to garner up to Rs 300 crore by issuing fresh equity shares and offer for sale of up to 1.47 crore equity scrips, as per the draft paper.