The company is in talks with several banks, including Citibank, to manage the share sale; The last share sale by a Tata firm was in 2004, when TCS floated an IPO
IndiaFirst will be the fourth private sector life insurer to get listed on the bourses
The proposed IPO comprises fresh issuance of equity shares worth Rs 175 crore and an offer-for-sale (OFS) of 35,69,180 equity shares by promoters and an investor
The company is an out-of-hospital healthcare provider with brand Portea
The IPO comprises fresh issuance of 85.20 lakh equity shares and an offer-for-sale (OFS) of up to 25.5 lakh equity shares by promoters ---- Mayank Shah and Sweta Shah, according to the DRHP.
The IPO comprises fresh issue of equity shares worth Rs 1,000 cr and an Offer For Sale to the tune of Rs 1,000 cr by promoter and promoter group entity, according to the DRHP
This high number of DRHP filing - or intent shown by companies to go public - paints a bullish picture
The IPO comprises fresh issuance of equity shares worth Rs 370 crore and an offer-for-sale of equity stocks aggregating to Rs 370 crore by promoter Inox Wind
Going by the draft papers, the company may consider a private placement of equity shares aggregating up to Rs 75 crore. If such pre-IPO placement is undertaken, the fresh issue size will be reduced.
Firm to scale up funding to developers, especially those complying with green finance norms
DGL's IPO will comprise a fresh issue of equity shares of face value of Rs 1 each, for an amount aggregating up to Rs 300 crore and an offer for sale for up to Rs 250 cr
Also, the company has initiated plans to move its registered holding entity from Singapore to India, underlining its 'made in India' credentials.
Overall, MFs invested Rs 29,400 crore last month even as overseas investors sold shares worth Rs 42,900 crore
Nandan Terry, part of the Chiripal group, has decided to withdraw its Rs 255-crore initial public offering (IPO).
In May, 4.5 million IPO mandates were created through UPI and a record 2.4 million mandates got executed, data shows
It's a fresh issue-cum-OFS; Axis Capital, Motilal Oswal Investment Advisors and SBI Capital Markets are book running lead managers
Going by the draft papers, the bank proposes to utilise the net proceeds from the fresh issue towards augmenting its Tier-I capital base to meet its future capital requirement
Weak secondary market conditions weigh on listing-day performance
The initial share-sale comprises fresh issue of equity shares worth Rs 1,125 crore and Offer-for-sale (OFS) of Rs 375 crore by promoters, investors and other shareholders
Bonuses in FY22 ranged from 100 to 200% of annual pay