Share Sales

Adani share sale takes block deals to 5-month high despite skittish market

Promoters, strategic investors mop up over Rs 33,000 cr via share sales; Adani sale in four group firms to GQG Partners alone tops Rs 15,000 cr

SVB crisis sends jitters through startup world: Here's what we know

Santa Clara-based SVB Financial Group announced that it sold $21 billion of securities from its portfolio. SVB Financial Group also said it was holding a $2.25 billion share sale to shore up finances

With IPOs losing steam, Sebi steps in with hard underwriting move

Watchdog looks to clear air for allowing investment bankers to buy unsubscribed portion of a share sale

Committed to ensuring market integrity, says Sebi amid Adani crisis

Amid a raging controversy over a meltdown in Adani group stocks, regulator Sebi on Saturday said it is committed to ensuring the stock market's integrity and all necessary surveillance measures are in place to address any excessive volatility in individual shares. Without naming the Adani group specifically, the capital markets watchdog said in a statement that unusual price movement in the stocks of a business conglomerate has been observed in the past week. Officials confirmed that the statement has been issued in the wake of the Adani matter only. "As part of its mandate, Sebi seeks to maintain orderly and efficient functioning of the market and has put in place a set of well-defined, publicly available surveillance measures (including the ASM framework) to address excessive volatility in specific stocks. "This mechanism gets automatically triggered under certain conditions of price volatility in any stock," the Securities and Exchange Board of India (Sebi) said. Stock exchange

Adani's market losses top $100 bn as shelved share sale spooks investors

The withdrawal of Adani Enterprises' share sale caps a dramatic setback for Gautam Adani, the school dropout-turned-billionaire whose fortunes rose rapidly in recent years

Adani Group pulls off $2.5 billion share sale after jump in final bids

The fully subscribed offering removes one overhang for India's $3.2 trillion stock market, which recently dropped out of the world's five biggest by value

Adani Enterprises plans to enter water segment; FPO opens next Friday

The FPO will open for subscription on January 27 and close on January 31, while the anchor investor's portion will be open a day earlier, the company said

Alibaba Group sells Paytm stake worth $125 million through block deal

Paytm's stock fell as much as 8.8% to 528 rupees in afternoon trading, and was last down 5.8% as of 2:37 p.m. IST

Private equity player TPG Growth sells Nykaa shares worth Rs 1,000 crore

Private equity player TPG Growth on Friday sold shares of e-commerce beauty company Nykaa for more than Rs 1,000 crore. As many as 5.42 crore shares of FSN E-Commerce Ventures, which runs Nykaa, were offloaded at a price of Rs 184.55 apiece through a block deal, as per data from the National Stock Exchange (NSE). The total value of the transaction is a little over Rs 1,000 crore, the data showed. These shares were acquired by various entities, including Societe Generale, HSBC Indian Equity Mother Fund and Goldman Sachs (Singapore) Pte, among others. The stock of Nykaa, which got listed last November, is in focus as the mandatory lock-in period for pre-offer investors came to an end on November 10. Shares of the company rose more than 3 per cent to close at Rs 192 apiece on the NSE on Friday.

SpaceX mulling secondary share sale at $150 billion valuation: Report

The offering would be aimed at helping employees and shareholders cash out, two of the sources said

Debt MFs face lower risk, may put up a better show in Samvat 2079

Analysts advice investors to stay away from longer-duration funds yet, or consider a staggered plan

LIC share sale is an 'Atmanirbhar issue': DIPAM secy Tuhin Kanta Pandey

The issue is an example that capital markets can be run without having to completely rely on foreign investors, Tuhin Kanta Pandey said

L&T Infotech and Mindtree to merge to create $22-bn firm: Report

The boards of Mindtree Ltd. and Larsen & Toubro Infotech Ltd., two software units, could consider share swap ratios.

Govt shortlists up to 60 anchor investors for LIC's share sale

Price discovery estimates insurer's value at around Rs 7 trillion

Investors' wealth tumbles by over Rs 8.47 trn amid global sell-off

The domestic market remained in the red for the second straight session after witnessing a massive sell-off on Friday

LIC share sale may fetch govt up to Rs 65,000 cr; DRHP filing likely today

LIC IPO: LIC could be valued between Rs 11 trillion and Rs 12 trillion

Aramco plans world's biggest share sale at $50 billion: Report

Saudi Arabia would raise funds off its biggest asset, and use them to develop new industries

Rapid Holdings 2 offloads India Infra Trust's shares worth Rs 173 crore

On the BSE, it sold 1.72 crore units at an average price of Rs 101

Kayak Investments pares stake in Max Healthcare; sells 84.4 million shares

Kayak Investments Holding, one of the promoter entities of Max Healthcare Institute Ltd, on Wednesday sold 84.4 million shares of the company for Rs 2,956 crore through open market transactions

UBS Principal Capital Asia sells Axis Bank shares worth Rs 255 crore

UBS Principal Capital Asia Ltd on Friday sold Axis Bank's shares worth nearly Rs 255 crore through an open market transaction