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Segment expected to perform better this year
Company to use proceeds from the offer to set up a new shrimp processing unit
The IPO comes when domestic MFs are seeing healthy growth in investor flow and AUM
SBI indicated that it plans to list two RRBs sponsored by it in the next one year
Embedded value pegged at Rs 13,220 crore in June
The company is looking at 20-30% annual growth over the next few years
Shares of SIS closed at Rs 765, down 6% compared to its issue price of Rs 815
Currently, 95 per cent of the GIC's premium income comes from the non-life insurance segment
Issue to be of 120 mn shares, with a face value of Rs 5 each
The IPO will be of 124.7 million shares, with a face value of Rs 5
Will issue 124.7 mn shares comprising 14.22% of capital
The government has invited proposals for the IPO by 3 pm on August 18
Mahindra Logistics provides services such as warehouse solutions and transport management
The institutional investor portion of the issue was subscribed 63.5 times
The IPO is in a price band of Rs 424-432 and will close tomorrow
NPAs of the public insurer was to the tune of Rs 18,000 cr
The price band of the offer is fixed from Rs. 805 to Rs. 815 per equity share
A healthy order book and improving profitability and returns ratios make the pricing attractive
CSB is planning to raise money through an initial public offering or via private equity
Earlier, it was envisaged that timeline would be cut to four days