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.
The company reported PAT of Rs 149.03 crore, which represents a sequential QoQ increase of 28.35 per cent and a YoY increase of 1272.28 per cent.
The company's total sales for Q4FY17 came in at Rs 77217 crore, which represents a 20.78 per cent sequential increase and 2.88 per cent YoY decline.
Indian capital markets closed flat on the bourses on Tuesday. Nifty closed at 9386 down by 52 points, whereas Sensex closed lower by 205 points at 30,365 on Tuesday, May 23, 2017.
During FY17, the company's revenue decreased 5.2 per cent YoY to Rs 7892 crore and its EBITDA for the period dropped 7.1 per cent YoY to Rs. 685 crore.
The company reported PAT of Rs 20.7 crore which represents a sequential QoQ increase of 16.1 per cent and a YoY increase of 11.5 per cent.
The stocks which are expected to witness significant movement on May 24 are Adani Entreprises/Aptech/Bharat Forge, PPAP Automotive Limited,Coral India Finance & Housing Limited,Radico Khaitan Limited and Cerebra Integrated Technologies Limited.
The company reported PAT of Rs 10.49 crore, as against the net loss of Rs 10.57 crore in the last quarter of same year.
The company's total sales for Q4FY17 came in at Rs 142.38 crore, which represents a 14.34 per cent sequential decline and 1.03 per cent YoY increase.
The company reported PAT of Rs 55.9 crore, which represents a sequential QoQ increase of 49.9 per cent and a YoY increase of 34.4 per cent.
India on Monday said that it could invest in Saudi Aramco when the company floats its shares next year. The purchase of a stake in Aramco would enable Indian state refiners to set up a refining venture with the Saudi giant and strengthen ties with the world’s largest oil producer.