Poor governance has been a drag on returns for firms, finds study
Established in 2017, the Ujjivan Financial Services-controlled Small Finance Bank offers small finance to underserved and unserved segments in India.
The lender commenced operations in February 2017 and the bank will also have to bring the promoters' holding to 40 percent by 2022
The company, which aims to raise up to Rs 410 crore, has fixed a price of Rs 193-195 per share for the IPO.
HONG KONG (Reuters) - Alibaba Group's <9988.HK> Hong Kong shares closed their first trading session up 6.6% from the issue price after this year's largest stock sale.
With recent regulations, rating agencies are giving explicit support details
The bank's IPO will remain open between November 22 and 26, while allotment would be made on December 2, 2019. The shares would be listed on, both, the NSE and BSE on December 4.
The sources said UTI MF will hold a meeting of the stakeholders soon to finalise the structure of the issue
The average fee earned on the 10 largest listings in Hong Kong is 1.76%
Besides concerns of the market's capacity, firms are sceptical of how public market investors, lured by steady profits and dividends, will value internet businesses
CSB's core strength is its concentration in Kerala and gold loans, which could also turn into its weakness in times of adversity
This IPO is mainly to meet the regulatory requirement. RBI had asked the Bank to list on the bourses by September but this was delayed due to procedural issues
Slew of companies in process of filing, re-filing public issue documents with the regulator
The budget target for disinvestment during 2019-20 has been set at Rs 1,05,000 crore and the government has so far raised Rs 17,364.26 crore
Picking out the emerging risks, planning for a quick response and packing empathy in the response are the three must-dos to protect reputation
I also want to offload some stake to take care of the promoter level debt. But the amount is mainly for growth, says promoter
Of 85 IPOs to hit the market between FY17 and FY19, 58 ended at a premium to their offer prices
The surprise postponement of the WeWork IPO has underscored how confidence is eroding in the market both for companies looking to raise capital and investors
(Reuters) - SoftBank Group <9984.T> offered nearly $10 billion on Monday to WeWork and its shareholders under a takeover plan that would keep the U.S. office-space sharing start-up afloat and lead to the exit of its Chairman Adam Neumann, sources said.
Investment bankers from around the world have been pitching for years to win a coveted role on Aramco's IPO