India Grid Trust is coming in the market with its IPO comprising of fresh issue of shares to raise around Rs 2250 crore in the price band of Rs 98 – Rs 100 per share at the face value of Rs 10 per share. The issue will remain open from May 17, 2017 to May 19, 2017.
HUDCO is coming in the market with its IPO offer comprising an issuance of 20.4 cr shares in the price band of Rs 56 – Rs 60 per share at the face value of Rs 10 per share. The lot contains 200 equity shares. The issue will remain open during May 8, 2017 to May 11, 2017.
The company offer comprises of fresh issue of shares and offer for sale to raise around Rs 728.5 crore. The issue will remain open from April 26, 2017 till April 28, 2017 with a price band of Rs 660-670 per share.
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.
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.
State Bank of India (SBI) has decided to sell 12 per cent stake in its life insurance venture, SBI Life via initial public offering (IPO). SBI Life is looking to list by September, 2017.
Share of S Chand and Company listed on premium with 5.52 per cent at Rs 707 in pre-market opening on Tuesday. Soon after, the share price of the company came down from its premium listing and is trading at Rs 678 with gain of 1.19 per cent in an intraday basis.
Matchmaking and marriage services provider Matrimony.com has filed its Draft Red Herring Prospectus (DRHP) with Securities Exchange Board of India (SEBI) for its Initial Public Offering (IPO).
On Tuesday, RB Infrastructure Developers’ infrastructure investment trust (InvIT) has allotted units worth Rs 2094.5 crore to anchor investors ahead of its initial public offering (IPO). The company’s IPO opened on May 3 and closes on 5 May.
Kolkata-based Bharat Road Network (BRNL) has plans to raise Rs 600 crore to Rs 700 crore through an IPO. SREI Infrastructure Finance holds a 30 per cent stake and is a corporate promoter of BRNL.
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.
India's largest clean energy producer, ReNew Power, is planning an initial public offering (IPO) of shares, to raise upto USD 600 million.
The share price of Shankara Building Products listed at a premium of 18.48 per cent at Rs 545. The share price of company is trading at Rs 575 with a gain of 25 per cent on an intraday basis.
At 8:07 am SGX Nifty Index trading with gains of 26 points at 9,475, indicating positive start for Indian indices. The stock of Tata Motors will be in focus today as the index pivotal will report its quarterly earnings today.
Its operating profit (EBIT) for the quarter amounted to Rs 90.86 crore and its EBIT margin stood at 12.76 per cent.
The company reported PAT of Rs 496.2 crore, which represents a sequential QoQ decline of 49.5 per cent and a YoY decline of 40.4 per cent. The board of directors has recommended a final dividend of Rs. 2.7 per equity share for FY16-17.
IIFL Asset Management Co. Ltd (AMC) has raised $250 million for its latest IIFL Special Opportunities Fund which was launched in February 2017. IIFL Special Opportunities Fund is a close-ended scheme under Category II Alternative Investment Fund.
Much to the resentment of Indian film industry, cinema will be levied 28% GST as a replacement for entertainment tax as declared by Finance Minister Arun Jaitley.
BSE FMCG gained 3 per cent, BSE IT gained 0.34 per cent, BSE Consumer durables was up by 0.61 per cent.
The company reported PAT of Rs 26.7 crore, which represents a sequential QoQ decline of 1.4 per cent and a YoY decline of 24.9 per cent.
The stocks which are expected to witness significant movement on May 23 are Supreme Infrastructure India Limited, Centuryply/Indowind, Mahindra & Mahindra, Ajmera Realty & Infra India Limited and Karnataka Bank Limited.
To meet the growing automobile production and the increasing demand for airbags in the country Toyoda Gosei is going to establish a new plant in Gujrat.The new plant will be established in Gujrat which will be a branch of Toyoda Gosei Minda India (TGMIN), a subsidiary of Toyoda Gosei.
Spice-Jet is working on bringing down the cost of operations in order to enable low ticket prices, while contemplating a single class all economy cabin, with less leg space.