Page 2 - Share Sales

UBS Principal Capital Asia sells IndusInd Bank's shares worth Rs 354 cr

UBS Principal Capital Asia Ltd on Thursday sold IndusInd Bank shares worth nearly Rs 354 crore through an open market transaction

CPPIB sells 2.3% stake in SBI Life Insurance Company

The shares were sold at Rs 1,171 apiece

LIC IPO bankers quote base fee of Rs 1 crore: Check details here

10 investment banks to divide fee pool; opt to go out-of-pocket

Sansera IPO to open on Sep 14; price band set at Rs 734-744/share

The initial public offering (IPO) is entirely an offer for sale (OFS) of 17,244,328 equity shares by promoters and investors

AAVAS Financiers' promoters sell shares worth over Rs 751 crore

Two promoters of AAVAS Financiers Ltd on Friday offloaded shares worth over Rs 751 crore, through open market transactions

Institutional buyers put in Rs 870 cr of bids for HUDCO share sale

Institutional investors on Tuesday placed bids worth over Rs 870 crore in the government's 8 per cent share sale in HUDCO. Institutional investors put in bids for over 19.40 crore shares against the base issue size of more than 9.90 crore shares. At the indicative price of Rs 45.03 apiece, the bids put in by institutional bidders are valued at over Rs 870 crore. "The OFS of HUDCO got good response on Day one. Issue subscribed nearly two times of base size by non-retail investors. Government has decided to exercise the green-shoe option, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey tweeted. The government is selling up to 8 per cent stake sale in HUDCO at a floor price of Rs 45 apiece. Bids would open for retail investors on Wednesday. The sale of over 16.01 crore shares, or a total of 8 per cent stake, would fetch around Rs 720 crore to the exchequer. The OFS comprises a base issue size of 5 per cent stake or over 11.01 crore shares, w

ECM fees in H1CY21 jump 25% to hit 10-year high of $126 mn amid IPO boom

IPOs by Indian companies totalled $3.9 billion in the first half of 2021, more than thrice the amount raised from the same period last year

Paytm extends deadline to submit documents for share sale to June 30

Paytm has extended the deadline for shareholders, employees and former employees to submit their documents by June 30, if they wish to sell their shares in the planned initial public offering

Saudi Aramco announces completion of share sale worth $12.4 billion

The transaction does not impose any restrictions on Aramco's actual crude oil production volumes

Go Air files IPO papers to raise Rs 3,600 crore, rebrands itself

India's largest airline by market share will use the proceeds to meet debt obligations, pay oil companies.

PNB to raise equity capital from share sale; sets floor price at Rs 35.51

Punjab National Bank (PNB) on Monday said its board has approved raising equity capital from qualified institutional investors to enhance its capital base.

Hathway share sale oversubscribed, to help promoters meet 25% holding norms

The 205-million share offering (11.61% equity stake) attracted bids for 279 million shares with both retail and non-retail portion getting oversubscribed

Fundraising through public issues more than doubled in fiscal 2021

The Finance Ministry on Wednesday said fundraising through public and rights issues surged 115 per cent and 15 per cent, respectively, in 2020-21

GameStop's shares tank 12% after it plans a $1 billion stock sale

At Thursday's closing price of $191.45, the "at-the-market" sale could fetch GameStop up to $670 million

GameStop to sell up to 3.5 mn of shares 2 months after price sky-rocketed

Two months after a market phenomenon took shares of GameStop to the moon, the video game retailer said Monday that it will sell up to 3.5 million of its shares with the price still vastly elevated.

Nomura, Credit Suisse warn on losses after Archegos-linked share sale

Nomura shares closed down 16.3% while Credit Suisse shares were opened down 10%

Share sales at listed firms gather pace in March

Listed companies have seen equity deals worth Rs 23,500 crore in March

USA's Carlyle offloads 4.3% stake in SBI Cards, gets Rs 3,944 crore

The company acquired 26 per cent stake in SBI Cards from the GE group for Rs 2,000 crore in 2017.

Govt's 16.12% share sale in Tata Comm gets 'great response' on day 1

The government's share sale of 16.12 per cent stake in Tata Communications Ltd received "great response" from institutional investors, DIPAM Secretary Tuhin Kanta Pandey said on Tuesday.

BNP Paribas Cardif offloads 5% in SBI Life via open market sale

With this, the shareholding of the French insurer has come down to 0.2 per cent in SBI Life