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 […]
Capillary Technologies India has raised Rs 394 crore from a group of anchor investors ahead of its initial public offering (IPO), which opens for subscription on Friday, November 14. Ravi Dharamshi-backed Valuequest, French asset management firm Amundi and HSBC are some of the major investors who have received the allocations.The software product company allotted 68.28 […]
Capital markets Regulator Sebi on Friday said that Synoptics Technologies and its promoters will remain excluded from the securities market to the result of a probe in a case of alleged overrun of IPO yield. The company’s promoters are Jatin Shah, Jagmohan Manilal Shah and Janvi Jatin Shah are also excluded by the regulator. “I […]
Precision components Maker Indo Mim has submitted provisional articles to Markten Regulator Sebi to raise funds via an initial public offer (IPO) that includes a new edition of shares of RS 1,000 crore. Apart from new problems, there would be an offer for sale (OFS) of 12.97 crore shares by shareholders, according to the concept […]
Laser Power and Infra LTD, manufacturer of cable and conductors, is in itself this month to submit his provisional papers with Market regulator Sebi to increase everywhere between RS 1,200 Crore and RS 1500 Crore via a first public offer (IPO), people who are familiar with the matter. With this, the company established in Kolkata […]
Swiss Automated Parking Solutions Major Sotefin Sa’s Indian subsidiary, Sotefin Bharat, said on Sunday that it will hit the capital market to increase RS 80 Crore to support the indigenous production of robots for automated parking systems in West Bengalen. The whole number will be a new supply offer, without a strike permit by the […]