April 19, 2015 11:57 (IST)
A $75-million market debut for Indian parcel delivery firm VRL Logistics Ltd has encountered record demand, drawing bids for more than 70 times the number of shares on offer late last week, as investors bet on an e-commerce boom.
April 18, 2015 16:10 (IST)
Chinese e-commerce company Baozun Inc filed with US regulators for an initial public offering (IPO) of American Depository Shares, becoming the second e-commerce firm from the country that has filed to list in the United States this year.
April 17, 2015 21:51 (IST)
This is also the first IPO in recent times where the subscription has crossed the 70 times mark.
April 16, 2015 21:13 (IST)
The company, promoted by the Mhaiskar family, plans to enter capital markets with a public issue of equity shares worth up to Rs 324 crore.
Written By: Priyabrata Prusty | April 14, 2015 15:56 (IST)
Angel Broking says that VLR Logistics will also benefit from the proposed implantation of goods and services tax (GST).
April 13, 2015 22:12 (IST)
Financial services company SMC Global Securities has received approval of the Securities and Exchange Board of India (Sebi) to mop up Rs 125 crore through an initial public offer (IPO).
April 01, 2015 22:47 (IST)
Five firms including Catholic Syrian Bank and Dilip Buildcon have filed draft papers with capital markets regulator Securities and Exchange Board of India (Sebi) for raising at least Rs 2,000 crore from initial public offers (IPO).
April 01, 2015 16:20 (IST)
The offer consists of a fresh issuance of Rs 510 crore and an offer for sale of up to Rs 90 crore, the draft filed on Tuesday showed.
April 01, 2015 13:48 (IST)
The lender is considering selling anchor investors up to 12.5 million shares for up to Rs 150 crore ahead of the IPO, it said in the filing.
April 01, 2015 10:57 (IST)
The sources did not provide an exact figure for the IPO. They declined to be identified because the information was not public.
March 31, 2015 16:59 (IST)
Sadbhav Infrastructure Projects and UFO Moviez India have received approval of the Securities and Exchange Board of India (Sebi) to raise Rs 600 crore and Rs 750 crore through initial public offers (IPOs), respectively.
March 31, 2015 15:14 (IST)
That means the company has to file a new application after filing one in October 2014 to raise up to Rs 700 crore ($113.3 million).
March 30, 2015 22:10 (IST)
The Securities and Exchange Board of India (Sebi) is considering an alternative investment platform targeted at the country's booming internet start-ups, relaxing some key requirements to encourage them to list at home.
March 30, 2015 17:49 (IST)
GVK has mandated Citigroup, Bank of America-Merrill Lynch, Axis Capital and JM Financial Services to manage the IPO for unit GVK Airport Developers Pvt Ltd, the sources added.
March 26, 2015 16:03 (IST)
Payment solutions provider AGS Transact Technologies Ltd is aiming to conclude its up to Rs 1,350-crore ($215.8 million) initial public offer (IPO) by September, two bankers involved in the process told Reuters.
March 20, 2015 19:20 (IST)
Wind turbine maker Inox Wind Ltd's up to Rs 1,025 crore ($164 million) initial public offering (IPO), the biggest in more than two years, was subscribed over 18 times, as investors bet on the growth potential for renewable energy.
March 20, 2015 12:33 (IST)
Reuters had reported this week SEBI was planning rule changes that will make it easier for home-grown start-ups to list their shares on local bourses, citing sources involved in the process.
March 19, 2015 19:14 (IST)
Web hosting company GoDaddy Inc's initial public offering (IPO) is expected to value the company at up to $2.87 billion and comes at a time when there has been a steep fall in the number of companies going public in the United States.
March 19, 2015 18:00 (IST)
Inox Wind's over Rs 700-crore initial public offer (IPO) saw subscription of 59 per cent on the second day of the share sale on Thursday.
March 18, 2015 17:08 (IST)
The SEBI is considering easing rules on mandatory disclosure for the draft prospectuses of Internet-based companies, the sources said.