GNG Electronics Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO is a combination of a fresh issue of equity shares aggregating up to Rs 825 core and an offer for sale (OFS) of up to 97 lakh equity shares by promoters, … Read more
“Also, in the current market context where we see that where there is some amount of weakness which is there, the large groups they are better placed to manage the slowdown because of the diversification of cash flows what they have from different businesses, they have a better control in terms of cash flows which … Read more
Brookfield India Real Estate Trust‘s board on Monday approved raising of funds by institutional placement of units. The issue today opened for receiving the bids. The company has set the floor price at Rs 287.55 per unit. The announcement was made post market hours and shares of Brookfield India REIT ended at Rs 290.49 on … Read more
Star Agriwarehousing and Collateral Management Ltd, a tech-driven agricultural services firm, has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The proposed IPO comprises a fresh issue of equity shares aggregating up to Rs 450 crore and an Offer-For-Sale (OFS) component of 2.69 crore equity shares … Read more
Nisus Finance Services Co Ltd on Friday said it aims to raise over Rs 114 crore through its initial public offering (IPO) which will open for subscription on December 4. The issue, with a price band of Rs 170 to Rs 180 per share, will conclude on December 6. The anchor book bidding will open … Read more
There is no dearth of demand for C2C Advanced Systems IPO despite being in troubled waters following a Sebi directive that delayed its listing of shares. The issue, which closed for subscription today, was subscribed by a whopping 116 times. The IPO received bids for 36.56 crore shares as against 31 lakh shares on offer. … Read more
Tokyo: Japanese chipmaker Kioxia will be listed on the stock exchange next month in an initial public offering valuing the company at $4.8 billion, its filing to the Tokyo Stock Exchange said Friday. Formerly the semiconductor unit of Japanese engineering giant Toshiba, the company is the world’s third-largest producer of NAND flash memory chips. It … Read more
Enviro Infra Engineers, which is involved in the development of turnkey projects of sewage treatment plants and sewerage system, on Thursday collected around Rs 195 crore from anchor investors, a day before its initial share sale opening for public subscription. Quant Mutual Fund, Motilal Oswal Mutual Fund, LIC Mutual Fund, Abakkus Diversified Alpha Fund-2, Singularity … Read more
Market regulator Securities and Exchange Board of India (Sebi) is considering making changes in the eligibility criteria for an SME company looking to list on the exchanges via initial public offering (IPO). It has sought a public feedback on the proposal to add promoter group in regulations that restrict the IPO issuer if its promoters … Read more
The Securities and exchange board of India (Sebi) has sought feedback on a proposal to raise the application size of IPOs of small and medium companies to up to Rs 4 lakh on account of the sharp rise in the market size and with a view to protect smaller retail investors. The markets regulator released … Read more