Bombay Stock Exchange (BSE) Asia’s oldest stock exchange has received market regulator Securities and Exchange Board of India (SEBI)’s green signal for its initial public offering (IPO), as per the regulator’s website.
Lauras Lab is coming up with an IPO from December 6 – December 8, 2016 with price band of Rs 426- Rs 428 for face value of Rs 10 per share. This IPO is a mix of fresh issue and offer for sale.
Sheela Foam is coming up with an IPO from November 29- December 1, 2016 in the price band of Rs 680- Rs 730 per piece for the face value of Rs 5.
Chennai based, GreenSignal Bio Pharma is coming up with an IPO from November 9 – November 11 ,2016 to raise around Rs 116 crore through an offer for sale.
PNB Housing Finance will hit the markets with an initial public offer from October 25 to October 27,2016. This will be the second largest IPO after ICICI Prudential Life Insurance of 2016.
After GNA Axles the next auto ancillary in the IPO run is – Endurance Technologies. The issue is an offer for sale (OFS). In this offer for sale company will issue 24,613,024 equity shares of face value Rs 10 in the price band of Rs 467- 472 .
Valiant Organics is going to raise around Rs 21.23 crore through offer for sale in this IPO. The company is issuing 9,64,800 equity shares in offer for sale for fixed price of Rs 220 a piece of face value Rs 10 per share. The company will trade under SME platform of BSE.
New Delhi based HPL Electric and Power Ltd., has opened its IPO from September 22 – 26, 2016. The company is seeking to raise Rs 450 crore through public issue by selling 1.44 crore equity shares in the price band of Rs 175-202 a piece for face value of Rs 10 per share.
Subsidiary of ICICI Bank, ICICI Prudential Life Insurance will open its public offer from September 19 – September 21, 2016 with face value of Rs 10 per share. ICICI Bank is selling 12.65 per cent of stake out of 68 per cent stake in this offer for sale.
L&T Technology Services Ltd., a subsidiary of L&T has opened its public offer from September 12, 2016 to September 15, 2016. Company is issuing 10,400,000 shares under offer for sale of face value Rs 2 in the price band of Rs 850- Rs 860 per share.
BSE has set the indicative price band for its initial public offering (IPO) at Rs 805-806 per share. Asia’s oldest stock exchange owners’ IPO is set for January 23-25 and it will see some of BSE’s shareholders selling a total of 1.54 crore shares and will value the stock exchange at Rs 4400 crore at the top end of the price range.
GlobalSpace Technologies (GSTL) is coming up with BSE SME IPO. The public issue consists of up to 30,34,000 equity shares of Rs 10 each, out of which up to 154,000 equity shares are reserved for subscription by market makers to the issue.
The Bombay Stock Exchange (BSE) has set the dates for its initial public offering (IPO) from Jan. 23 to Jan. 25. The bourse is coming with an IPO that could raise around Rs 1,350 crore.
Lupin Limited has informed The Bombay Stock Exchange Ltd and National Stock Exchange Ltd. on January 23, 2017, that it has received final approval from the US Food and Drug Administration.
The BSE Metal index is the biggest gainer on Monday, trading at 11,350.67, up by 205.15 points or 1.84 per cent. The index was seeing a constant gain in the first few hours of the trading session.
Reserve Bank of India (RBI), the country’s apex bank today announced revised portfolio for all the four deputy governors. In a statement, RBI announced the changes in the top level team.
Suzlon Energy has won 50.40 megawatt (MW) repeat order from a leading power utility. The company will install 24 units of S97 120m of all steel hybrid wind turbine generator with a rated capacity of 2.1 MW each.
The newly-listed private sector lender, Ratnakar Bank Limited (RBL bank) was trading high early morning due to the strong quarterly results posted by the bank post-market hours on Friday, January 20, 2017.
The newly elected 45th President of the United States, Donald Trump in his inauguration speech on January 21 made a lot of headwinds, which India should worry about.
The Indian markets will embrace the Bombay Stock Exchange (BSE) initial public offering (IPO) which opens for subscription on January 23. The markets would be directed by the Supreme Court hearing on a plea seeking postponement of Union Budget presentation ahead of the upcoming Assembly polls in five states.
On the daily chart, the Nifty has formed a long range bearish candle, which indicates bears are back in action with force. At present, the Nifty is trading around 61.8 per cent retracement level of down move from 8598.45 to low of 7894. The zone of 8310-8320 is a crucial support for the Nifty, and if it slides below this support zone, it will open up for further correction upto levels of 8270.
At 7:47 am, SGX Nifty Index shed 17 points to 8,355, indicating a soft start for Indian equities. Indian stocks, particularly those from the IT and the Pharmaceuticals space are likely to see wild swings with investors reacting to U.S. President Donald Trump’s speech on Friday.
The company reported a PAT figure of Rs. 23.25 crore which represents a sequential QoQ decline of 53.76 per cent and a YoY decline of 14.87 per cent.