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The retail quota got subscribed 9.9 times, while the non-institutional segment got subscribed for 0.3 times
Company eyes Silicon Valley start ups for investments and partnerships
L&T Infotech will not be enjoying the proceeds of the present issue as this being an offer for sale, the entire sale amount of around Rs 1,200 crore will go the parent L&T
The retail quota got subscribed 2.2 times, while the non-institutional segment got subscribed 0.05 times
The company is looking to divest 10.85% in IT services arm; scales down price band substantially
The proposed IPO could be a combination of OFS and fresh issues for up to a maximum of 30% of the post-issue equity share capital of the company
After going back and forth for several months on its decision to go public, the National Stock Exchange of India (NSE) has finally decided to hit the market
Conflict of interest might prevent NSE and BSE from selecting iBanks appointed by the other
The firm, promoted by Ajit Isaac and Thomas Cook (India), has fixed a price band of Rs 310-317 a share with Rs 10 face value
The company, which seeks to be a preferred partner of corporate firms for handling business functions, has used the acquisition route to expand its operations
All these decisions were taken during the last meeting of the board of directors on June 23, 2016
It will also pursue a foreign listing
Gas distribution firm's Rs 1,000-cr IPO garners demand worth around Rs 47,000 cr
Launch later this year, for over Rs 1,000 cr
They cite attractive valuations compared to peers and growth opportunities in the gas distribution space
The company, promoted by Thomas Cook (India), fixed price band of Rs 310-Rs 317 per share; issue will remain open from June 29-July 1
The IPO has so far received 68 million bids as against 17.3 million on offer
The 17.1 million share IPO garnered bids for 18.8 million shares, or 1.1 times the shares on offer
Company aims to raise around Rs 1040 crore; price band fixed by the gas distributor is Rs 380-421 per share
Company's Rs 1,040-cr IPO opens for subscription on June 21