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.
Insurance comparison portal, Policybazaar, is banging on an initial public offering (IPO) by the end of 2018. The company also is close to raising a pre-IPO round worth USD 50 million (Rs 327 crore).
State-run Housing and Urban Development Corporation (HUDCO) has got an approval from capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through an initial public offer (IPO).
A private limited company, proprietary firm or a partnership firm first of all needs to be converted into a public limited company to be listed on the BSE SME Exchange and NSE's Emerge.
Going forward, immediate support for market stands around levels of 9060, and breach of this support level may open up for correction upto levels of 9000, the level of 9000 being a major support level. On the upside, Nifty needs to sustain above 9170 to continue its up-move up to levels of 9220-9250.
At 8:03 am, SGX Nifty Index was trading lower by 5.50 points at 9106, indicating a flat to negative start for Indian equities.
Seeking sanction for an Initial Public Offering, India's largest public sector shipyard, Cochin Shipyard, has filed a Draft Red Herring Prospectus ( DRHP) with SEBI.
The Lok Sabha on March 24, 2017 discussed the disbursal of a total of Rs 8,77,527 crore agricultural credit in FY16 and Rs 8,45,328 crore in FY15.
Applicable from April 1, 2017, the Finance Bill, recently passed by the Parliament is likely to bring in some significant amendments in the income tax laws.