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This IPO will see sale of 3 crore shares by the existing shareholders through OFS route
Central govt to sell 200 mn shares via OFS; 5% off on issue price for retail investors, Hudco staff
Bankers are looking at pricing the issue at about Rs 500 apiece
In 2016, 26 companies have collectively raised over Rs 26,000 crore through their respective IPOs
Tiger, Temasek among 27 sellers; look to exit at 3-4 times initial investment
60% of the firms with public offers yielded double-digit returns
NSE will also be listing abroad
IDFC Bank, Equirus Capital HDFC Bank co-manager are the merchant bankers of the issue
Domestic investment bankers have emerged winners in IPO league table for 2016
Expected IPO of UTI Mutual Fund and rich valuations of life insurance companies are key triggers
Three-fourths of the funds raised during 2016 were on account of exits by investors
This year has proved a bumper one for financial sector's initial public offerings
Proceeds from the issue would be utilised for repayment and prepayment of loans
So far this year, 10 issues raised Rs 1,913 cr, 15% of the amount raised in 2015
This is more than double the Rs 13,564 crore grossed by 21 issuers in 2015
To be entirely a secondary sale; BSE and HDFC Bank to divest in the issue
This, despite the unexpected resignation of CEO Chitra Ramkrishna recently
The Rs 1,332-cr IPO received bids for over 9.87 crore shares as against the total issue size of over 2.19 crore scrips
While the firm is getting into higher-margin formulations, the price asked for growth is on the higher side
Exchange's shareholders hopeful that initial public offering of shares will remain on track despite CEO exit