Mining conglomerate Vedanta Ltd is estimated to have raised around Rs 3,200 crore from the offer for sale (OFS) of subsidiary Hindustan Zinc Ltd. The offer for sale (OFS) of Vedanta group firm Hindustan Zinc Ltd received a strong response from retail and institutional investors, sources said. Vedanta is estimated to have received around Rs … Read more
The initial public offer (IPO) of Kronox Lab Sciences opened for subscription earlier today and will close on June 5. The issue is completely an offer for sale of 95.7 lakh shares. Since the IPO is entirely an OFS, all the net proceeds will go to the selling shareholders, including Jogindersingh Jaswal, Ketan Ramani and … Read more
Uttar Pradesh-based Epack Durables Ltd has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for an initial public offering to raise Rs 400 crore through fresh issue of shares. The IPO also consists of an offer for sale of 1,30,67,890 shares by promoters, promoter group entities, and other … Read more
The promoters of IndoStar Capital Finance are looking to sell about 14.2% stake in the company through an offer for sale (OFS), which opens on May 3. Under the OFS, promoters Indostar Capital and Everstone Capital Partners II LLC will offload about 1.93 crore equity shares with a face value of Rs 10 each. While … Read more
The offer for sale (OFS) of shares by the government in Hindustan Aeronautics Ltd was a big success despite markets being in turbulent waters. The retail portion of the OFS also received an overwhelming response, with the government getting bids for 14,50,924 shares against 11,70,357 shares on offer for the category. The clearing price for … Read more
Tata Group company Tata Technologies has filed a draft prospectus with markets regulator Sebi to raise funds through initial public offering (IPO). The IPO is completely an offer for sale (OFS) by promoters and selling shareholders. The shares of the company are proposed to be listed on both NSE and BSE. Here are 10 things … Read more
MUMBAI: today said that its investee company Zomato has proposed an initial public offering of fresh issue of equity shares and an offer for sale. Info Edge will sell stake worth Rs 750 crore in the initial public offering of the food delivery aggregator via offer for sale, the company said in an exchange filing. … Read more