The National Stock Exchange of India said on Thursday it has appointed Rothschild & Co as an independent adviser to oversee the much-anticipated initial public offering.Rothschild will help select lead bankers, legal advisors and other intermediaries for the IPO, NSE said in a statement. Rothschild will also ensure information parity, consistent communication with stakeholders and […]
EAAA India Alternatives, an arm of Edelweiss Financial Services, has filed preliminary papers with market regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO).The proposed issue will be entirely an offer-for-sale (OFS) by Edelweiss Group, according to the draft red herring prospectus (DRHP) filed on Monday. As a result, the company […]
Digilogic Systems Limited, a city-based provider of automated test equipment systems and application software for the defense and aerospace sectors, on Saturday announced that its Initial Public Offer (IPO) will open for subscription on January 20.A press release from the company said the anchor portion will open on January 19 and the issuance will be […]
Gujarat-based Narmadesh Brass Industries, a manufacturer of brass products, on Sunday announced that its initial public offering worth Rs 44.8 crore will open for public subscription on January 12 on BSE’s SME platform.The initial public offering (IPO) will be completed on January 15. The company has set the IPO price at Rs 515 per share, […]
Insurtech firm Turtlemint Fintech Solutions Ltd will file its updated draft documents with market regulator Sebi in the next two weeks as it prepares to launch its Rs 2,000 crore initial public offering (IPO) sometime between March and April, people familiar with the development said on Tuesday.The company had confidentially filed its preliminary IPO papers […]
Generic drug maker Hindustan Laboratories has filed preliminary documents with capital markets regulator Sebi to raise money through an initial public offering (IPO).The company’s maiden public offer involves a fresh issue of 50 lakh shares along with an offer for sale (OFS) of 91 lakh shares by the promoter, as per the draft red herring […]
The initial public offering (IPO) of Bharat Coking Coal Limited (BCCL) will open for bids on Friday, January 8 and close on January 13. The Rs 1,300 crore issue will be entirely an offer for sale (OFS) with promoter Coal India (CIL) selling up to 46.57 crore shares.Bidding for anchor investors opens on Thursday, January […]
Real estate developer Veegaland Developers, part of the V-Guard group, has filed draft documents with market regulator Sebi to raise Rs 250 crore through its initial public offering (IPO) to support its expansion plans.The company’s maiden public offering will be a completely new share issue without an Offer-for-Sale (OFS) component, according to the draft red […]
Deepa Jewelers has filed preliminary papers with market regulator Sebi to raise money through an Initial Public Offer (IPO).The proposed IPO of the Hyderabad-based company will be a combination of a fresh issue of shares worth Rs 250 crore along with an offer for sale of 11,848,340 shares by promoters – Ashish Agarwal and Seema […]
Practo Technologies Pvt., which operates a digital healthcare platform, is planning an initial public offering, according to people familiar with the matter, joining a wave of companies rushing to capitalize on India’s booming market for initial stock sales.The Bengaluru-based company has held early discussions with potential advisers to explore a stock market listing in the […]