Latest Updates Around The World
The proposed offering will aim to raise 40 billion rupees ($440 million), including as much as 30 billion rupees in newly issued shares and a secondary sale of 10 billion rupees by Blackstone, according to the IPO prospectus filed in December.Discussions are still ongoing and details such as the size and timing of the stock […]
Elevate Campuses, an institutional platform for student housing and education infrastructure backed by Singapore-based Hillhouse Investments, has received approval from the Securities and Exchange Board of India (SEBI) to go ahead with its initial public offering (IPO) worth ₹2,550 crore, according to regulatory filings.The proposed public offering will consist entirely of a new issuance of […]
Horizon Industrial Parks Ltd. is preparing to file for an initial public offering in Mumbai that could raise up to $500 million, according to people familiar with the matter, in what could be one of India’s biggest logistics listings in recent years.The company owned by Blackstone Inc. works with JM Financial Ltd., Axis Bank Ltd. […]
Tenneco Clean Air India Ltd., a unit of the U.S.-based auto parts maker, is planning an initial public offering next month that could raise about 30 billion rupees ($342 million), according to people familiar with the matter. The supplier of emissions control systems to Indian automakers has started roadshows for investors, seeking a valuation of […]
JSW Cement, part of Sajjan Jindal-promoted diversified JSW group, will launch his 3,600-crore initial public offer (IPO) on 7 August. However, the total size of the problem is lower than the previously proposed problem of a maximum of RS 4,000 crore, according to the latest RHP. The IPO will be opened for a public subscription […]
