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.
April 18, 2014 19:51 (IST)
The company plans to raise over Rs 180 crore through the initial public offer, the first in the current financial year.
April 17, 2014 20:22 (IST)
The Securities and Exchange Board of India (Sebi) has slapped a total penalty of Rs 15.50 crore on Bharatiya Global Infomedia Ltd (BGIL), its chairman and managing director and two other senior executives for violating various securities market norms in relation to the company's initial public offer (IPO).
April 17, 2014 08:38 (IST)
Weibo priced its initial public offering at $17 per American depositary share Wednesday, at the bottom of its expected range. At that level, the social network operator will have raised $285 million, and would be valued at $3.6 billion. By contrast, Twitter ended trading Wednesday worth $26 billion.
April 05, 2014 15:33 (IST)
China's Weibo Corp has said it expects its initial public offering (IPO) of 20 million American Depository Shares to be priced at $17-$19 each, valuing the Twitter-like messaging service at about $1.66 billion.
April 01, 2014 18:21 (IST)
Indian companies have raised a meagre Rs 1,205 crore through initial share sale in the past financial year but the initial public offer (IPO) market may see a revival in the current fiscal year (2014-15) on the back of revival in demand.
Mumbai | March 28, 2014 14:05 (IST)
If the BJP wins with a strong mandate - it is almost certain to need support from coalition partners to form a government - bankers said they expect a slew of companies to file share sale documents over the next couple of months.
March 16, 2014 18:56 (IST)
In a major order with regard to the IPO scam of 2003-2005, market regulator Securities and Exchange Board of India (Sebi) has barred Karvy Stock Broking Ltd (KSBL) from taking up new assignments or launching new schemes for six months in respect of its role as a stock broker.
March 16, 2014 13:47 (IST)
Alibaba Group Holding Ltd said on Sunday it has decided to begin the process for an initial public offering (IPO) in the United States, ending months of speculation about where the Chinese e-commerce giant would go public.
San Francisco | March 15, 2014 16:26 (IST)
Twitter-like messaging service Weibo Corp filed on Friday to raise $500 million via a US initial public offering (IPO), as Chinese companies flock to the American market in record numbers to take advantage of soaring valuations.
March 15, 2014 14:19 (IST)
Web hosting company The GoDaddy Group Inc is preparing for a second run at initial public offering (IPO), according to two people familiar with the matter, as the 2014 tech IPO pipeline continues to grow.
March 15, 2014 14:19 (IST)
China's e-commerce giant Alibaba Group Holding Ltd is planning a US initial public offer (IPO) in the third quarter of this year, people familiar with the matter told Reuters, in what is the expected to be a more than $15-billion deal.
March 12, 2014 16:01 (IST)
The company will offer 15.5 million shares in the offering, with the rest being sold by selling stockholders, including Apax Ventures, King said in a filing with the U.S. Securities and Exchange Commission on Wednesday.
March 10, 2014 22:04 (IST)
The price band for the issue, open for subscription till March 20, is fixed at Rs 77-80 per share. The equity shares will be listed on BSE and NSE.
February 18, 2014 19:09 (IST)
King offers more than 180 games in 14 languages through mobile phones, Facebook and its own website. The company says its games are played more than 1 billion times a day.
February 16, 2014 20:01 (IST)
Investment banker Uday Kotak has said Indias initial public offer (IPO) market - lacklustre for the last two years - can get a boost only after the upcoming general elections.
New Delhi | February 06, 2014 23:23 (IST)
The government's 10 per cent share sale in Engineers India Ltd (EIL) through follow-on-public offer (FPO) route received lukewarm response on the first day of issue on Thursday.
Mumbai | February 05, 2014 18:44 (IST)
Engineers India Ltd, which is raising around Rs 500 crore through a follow-on public offer (FPO), said on Wednesday that it has orders worth Rs 3,232 crore in hand.
Mumbai | February 04, 2014 23:57 (IST)
Market watchdog Securities and Exchange Board of India (Sebi) on Tuesday notified a regulation that makes grading mechanism voluntary for initial public offers (IPOs).
New Delhi | February 03, 2014 21:35 (IST)
A ministerial panel on disinvestment will meet on Tuesday, February 4 to decide on the price band and date for the government's sale of a 10 per cent stake in Engineers India through a follow-on public offer (FPO), according to an official source.