Data as at IST. Index data may be delayed by up to 20 minutes. For real-time updates, kindly refer to the BSE and NSE websites.
Move comes amid spate of weak listings due to aggressive pricing
The company is seeking to raise Rs 3,000 crore through the IPO
Despite record-breaking action in IPO market, overall equity raising activity has slowed
It will also receive gross proceeds of $75 million from the sale of equity shares
Company is one of the largest franchisees in the world (outside USA) of carbonated soft drinks (CSDs) and non-carbonated beverages (NCBs) for PepsiCo
Price band for the issue set between Rs 750-775
The IPO size could be around Rs 1,200 cr
The leading housing finance firm had filed IPO papers with Sebi in July and got final approval last week
PNB Housing Finance would be using the proceeds from the share sale mainly towards augmenting its capital base
The report says 16 companies are in the pipeline to be listed domestically in 2017, raising $5.86 billion
Brokers expect pricing at Rs 600 apiece; bankers believe IPO could fetch Rs 450 a share
The plan is to raise around Rs 350 crore as a primary offering into the company and another 1.63 million shares of secondary sales by investors, said sources
Good demand from institutions, HNIs
The company will raise Rs 350 crore as primary offering
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split
The IPO received bids for 15,870,960 shares against the total issue size of 17,229,118 shares
Last year in Nov, the market regulator had shortened IPO listing time to six days from 12 days
Given the company's past track record, growth prospects and reasonably valuations, long-term investors can subscribe to the offer