TVS Supply Chain Solutions gets Sebi nod to float IPO

TVS Supply Chain Solutions gets Sebi nod to float IPO

TVS Supply Chain Solutions, part of TVS Mobility Group, has received capital markets regulator Sebi’s go-ahead to raise funds through an initial public offering (IPO). The IPO comprises a fresh issue of equity shares aggregating up to Rs 750 crore and an Offer for Sale (OFS) of over 2 crore equity shares by promoters and … Read more

Exxaro Tiles gets Sebi approval to float IPO

Exxaro Tiles gets Sebi approval to float IPO

NEW DELHI: Exxaro Tiles, a leading manufacturer of vitrified tiles, has received markets regulator Sebi‘s go-ahead to raise an estimated Rs 150-160 crore through an initial share sale. The initial public offering of up to 1.34 crore equity shares will comprise a fresh issue of up to 1.12 crore equity shares and an offer for … Read more

IRCTC OFS closes; govt to mop up Rs 4,374 crore

IRCTC OFS closes; govt to mop up Rs 4,374 crore

The government is expected to garner Rs 4,374 crore from the Offer for Sale (OFS) of the Indian Railway Catering and Tourism Corp (IRCTC) which closed on Friday. The promoter had proposed to sell up to 2,40,00,000 equity shares of IRCTC, representing up to 15 per cent stake, with an option to additionally sell 80,00,000 … Read more