January 19, 2015 15:32 (IST)
Mahanagar Gas, a joint venture between GAIL (India) Ltd and U.K's BG Group PLC, has hired Kotak Mahindra Capital and Citigroup to manage the initial public offering (IPO), the sources added.
January 06, 2015 19:15 (IST)
AGS has mandated Citigroup and domestic investment banks Kotak Mahindra Capital, ICICI Securities, and Axis Capital to manage the issue, said the sources who declined to be named as they were not authorised to speak to the media.
January 04, 2015 15:59 (IST)
Indian companies have lined up initial public offers (IPOs) worth at least Rs 8,000 crore in 2015 to fund business expansion and meet working capital requirements on expectations that the bullish trend in the stock markets would continue.
January 03, 2015 19:44 (IST)
Micromax Informatics, India's second-largest smartphone maker, plans to raise as much as $500 million (Rs 3164 crore at 1 dollar = 62.28 rupees) through a stock market listing in its financial year beginning in April, a newspaper reported on Saturday.
January 02, 2015 19:53 (IST)
The issue had opened for subscription on December 29, 2014 to carry out sale of 60 lakh equity shares through its IPO.
January 01, 2015 19:30 (IST)
Besides, Sebi is looking into herald the global best standards on corporate governance practices of the listed companies. The listing agreement signed by the companies with the stock exchanges would be converted into listing regulations for better enforcement of the Listing norms.
December 29, 2014 18:34 (IST)
State-run Rashtriya Ispat Nigam Ltd (RINL) has received approval of the Securities and Exchange Board of India (Sebi) to raise funds through an initial public offering (IPO).
December 25, 2014 16:04 (IST)
According to market experts, landslide victory of BJP-led National Democratic Alliance (NDA) in the general elections has perked up investor sentiment and prompted companies to file IPO papers.
December 25, 2014 15:58 (IST)
Analysts said that most companies listed during the year are trading way above their issue price because of bullish stock market sentiment and upbeat investor confidence.
December 23, 2014 23:48 (IST)
NCML Industries plans to enter the capital markets on December 29 with an offer for sale of 60 lakh equity shares through an initial public offer (IPO).
December 23, 2014 14:08 (IST)
The Mumbai-based company had filed its draft papers with the Securities and Exchange Board of India (Sebi) for the proposed public offer in September.
December 21, 2014 16:31 (IST)
Wall Street in 2014 enjoyed its best year for initial public offerings or IPOs since 2000, thanks to the record-setting flotation of Chinese internet giant Alibaba and a barrage of biotech deals.
December 21, 2014 15:36 (IST)
UFO Moviez India filed a draft red herring prospectus with the Securities and Exchange Board of India (Sebi) on December 18.
December 19, 2014 16:49 (IST)
Monte Carlo shares listed at Rs 584 on the exchanges on Friday, nearly 9.5 per cent lower from the issue price of Rs 645. The stock slumped to Rs 530 on the National Stock Exchange, down 18 per cent from the issue price, before making some recovery.
December 11, 2014 21:29 (IST)
Coal and Power Minister Piyush Goyal informed Lok Sabha that coal production has significantly increased in the last few months.
December 05, 2014 22:42 (IST)
The Initial Public Offer (IPO) received over 2.97 crore bids as against more than 38 lakh shares on offer, according to data available with the National Stock Exchange till 2000 hours.
December 03, 2014 19:27 (IST)
Monte Carlo Fashions Ltd's initial public offer (IPO) was subscribed 0.61 times on its first day on Wednesday.
Written By: Priyabrata Prusty | December 03, 2014 12:48 (IST)
Through this public offer, Monte Carlo will issue 54.33 lakh equity shares for subscription. Monte Carlo is not issuing fresh equity shares under this issue, but it is diluting 25 per cent shareholding in the company.
December 02, 2014 15:03 (IST)
Without disclosing details of clarifications sought, Sebi has said "clarifications (are) awaited from lead manager" for the proposed public issue.
November 28, 2014 16:51 (IST)
In a major clampdown for "suppression of material facts" in IPO documents, the Securities and Exchange Board of India (Sebi) on Friday penalised merchant banking arms of State Bank of India (SBI), ICICI Bank, Kotak Mahindra Bank, IDBI Bank, DSP Merrill Lynch and Edelweiss groups for lapses during the public offer of rating agency CARE two years ago.