The company offer comprises of fresh issue of shares and offer for sale to raise around Rs 350 crore.The company is a leading organised retailer of home improvement and building products which have presence across 10 states of India.
CL Educate operates in two major segments, viz. Education Training and Vocational Training Program which also includes sale of study materials and vocational training. The company is issuing 4,760,000 equity shares of Rs.10 to raise Rs 239 Crores.Out of this ~128 crores will be the payment to selling shareholders and Rs.110 crores will be utilized by the company
The company is going to raise Rs 489 crore via Offer for Sale (OFS) and fresh equity of face value Rs 10 per share in the price band of Rs 324-333 per share.
The company is planning to rise 1,800 crore by 6,23,93,631 equity shares from this IPO.IPO will be in the range of Rs. 290-299.Subscription will be starting from 8 March to 10th march and the listing will be on 21 March 2017.
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.
S Chand and Company is set to launch its initial public offering (IPO). The offer is scheduled to open on April 26 and close on April 28, with a price band of Rs 660–Rs 670 per equity share of the face value of Rs 5 each.
The Centre has initiated the process of listing of two more public sector units of the Indian Railways, including Rail Vikas Nigam (RVNL) and RITES. These companies are among five railway PSUs which have been cleared for listing by the Union Cabinet in its meeting during third week of April.
The real estate construction company Capacite Infraprojects has filed initial papers with SEBI to raise Rs 400 crore through an initial public offering (IPO). The company will raise money on book-building basis, with the price band to be decided later.
The government in the Centre is all set to launch the next tranche of sovereign gold bonds on coming Monday, April 24, the first in this fiscal, with offering 2.5% tax-free annual interest to its investors.
In a major development in these days of geo-political tension and global uncertainties, India and the Republic of Korea (RoK) on Friday signed an Inter-governmental Memorandum of Understanding (MoU) for defence cooperation in the shipbuilding industry.
In a filing before the stock exchanges, Indian Renewable Energy Development Agency (IREDA) said on Saturday that it will soon opt for raising up to US$ 300 million taking the overseas lending route.
According to IMF, India's growth is likely to rebound to 7.2 per cent in FY18 and furthermore to 7.7 per cent in FY19.
In a bid to further strengthen its presence in the entry sedan segment, Maruti Suzuki India announced that the automobile major will launch a new version of its best selling sedan model, Dzire, in the coming month.
Issues over paying service charges in the eateries are not ending very soon as it seems at this time the government itself is caught in several hesitations to come up with a stricter deadline while it has already approved a guideline on levying service charge by the eateries across the country.
On the last trading day of the week, April 21, Nifty was seen forming a bearish candle even as it had posted a day's low at 9088. During the day it had upped to 9183 opening at 9179.
HDFC Bank in a statement to the stock exchanges said that the bank will raise Rs 50,000 crore through a variety of debt instruments within next one year through private placement.
In a bid to put a cap on increasing bad loans, the Securities and Exchange Board of India will provide a helping hand to the banks and financial institutions soon.
Ashok Leyland, the major commercial vehicle maker, is incurring capex of around Rs 600 crore this year to enhance the cabin and engine capacity by setting up assembly units in Kenya and ivory coast, as per media reports.