The proposed IPO comprises a fresh issue of equity shares and an offer for sale (OFS) of up to 9,328,358 equity shares, according to the draft red herring prospectus (DRHP)
Global investment firm Blackstone-sponsored Nexus Select Trust filed the draft paper with market regulator SEBI on Thursday to launch India's first public issue of retail REIT
Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in retail trading during the pandemic
Fairfax India owns a 54% interest in BIAL as it built up its shareholding after acquiring its initial stake in 2017
FHRAI said it has written to Sebi to stop OYO from launching its IPO in the wake of a penalty imposed by CCI on the hospitality and travel-tech firm for unfair business practices.
Under this mechanism, the information in the DRHP is made available only to the regulator, not to the public at large
Inox Green Energy Services has collected Rs 333 crore from anchor investors
Keystone Realtors on Friday said it has collected a little over Rs 190 crore from anchor investors
The company has fixed a price band of Rs 61-65 per share for its IPO
The price range for the offer is Rs 386-407 per share
On Wednesday, Kaynes Technology had raised Rs 257 crore from anchor investors
SUUTI's exit removes overhang on stock, say experts
DAM Capital Advisors and IIFL Securities are the book-running lead managers to the IPO
The price range for the offer is at Rs 386-407 per share
The Initial Public Offering (IPO) received bids for 59,41,260 shares against 1,99,57,325 shares on offer, according to NSE data
The initial share-sale will open for public subscription on November 14 and conclude on November 16
The issue, with a price band at Rs 559-587 per share, will open for public subscription November 10 and conclude on November 14
The company received bids for 7,21,742 shares against 3,04,88,966 shares on offer
This is the third largest MFI with a client base of 2.2 million across 18 states and served by its 1,008 branches. As of September 2022, the company had an active loan book of Rs 7,500 crore.
Bikaji's IPO was entirely a secondary share sale worth Rs 881 crore, while Medanta consisted of Rs 1,705-crore secondary share sale and Rs 500 crore worth of fresh fund raise