Laser Power & Infra, Indo MIM files draft papers with Sebi for IPOs

Laser Power & Infra, Indo MIM files draft papers with Sebi for IPOs

Two Indian manufacturers, Laser Power & Infra Ltd (LPIL) and Indo MIM Ltd, filed draft red herring prospectuses (DRHPs) with the markets regulator Securities and Exchange Board of India (Sebi), setting the stage for initial public offerings (IPOs) that together could raise over Rs 2,200 crore. The filings mark the latest wave of industrial and … Read more

Goswami Infra seeks waivers related to Afcons IPO

Goswami Infra seeks waivers related to Afcons IPO

Mumbai: Shapoorji Pallonji group company Goswami Infratech has requested bondholders’ consent for time extensions and waivers related to the upcoming initial public offering (IPO) of group firm Afcons Infrastructure. In a communication to bondholders, Goswami Infratech has assured bondholders of ₹14,300-crore NCDs (non-convertible debentures) that it is not seeking a waiver on pricing conditions, but … Read more