IPO/QIP

Adani Enterprises and Adani Transmission will raise Rs 210 billion via qualified institutional placement (QIP). While Adani Enterprises has stated that it will raise Rs 125 billion, Adani Transmission will raise Rs 85 billion. The […]

JSW Infrastructure has postponed its Rs 40 billion initial public offering (IPO) due to turbulent market conditions. The company is yet to file draft red herring prospectus (DRHP) with SEBI. The IPO is likely to […]

India’s largest power producer NTPC Limited is likely to divest 25 per cent of its green energy arm through an initial public offering (IPO) in 2023, after shelving a plan to sell the stake to […]

Adani Enterprises Limited has approved its Rs 200 billion follow-on public offering (FPO), citing investor protection concerns. The company is now working on returning the entire amount of funds raised by investors lying in an […]

The Inox GFL Group has raised around Rs 15 billion across its entities. This funding has been used to pare down debt substantially across its operating companies and consequently the interest outgo will reduce substantially. […]

Adani Enterprises Limited is planning a follow-on public offering to finance the group’s expansion in green and digital businesses. It may raise around Rs 200 billion for the same. The fundraising aims to mobilise funds […]

Sterlite Power has announced that it will be deferring its Rs 12.5 billion IPO in view of the current volatility in the stock market. In August 2021, the company had filed a draft red herring […]

The Securities and Exchange Board of India (SEBI) has allowed companies planning a stock market listing to submit a confidential “pre-filing” document. The market regulator also mandated enhanced disclosure norms for IPO-bound new tech companies, […]

India may miss its revised disinvestment target for the second time in eight years in 2021-22, as the government may be unable to generate the estimated Rs 600 billion through the LIC’s IPO. The government was […]

TVS Supply Chain Solutions, a subsidiary of the erstwhile TVS Group, has filed the draft red herring prospectus with market regulator SEBI. The initial public offering (IPO) will consist of a fresh issue of equity […]

Go Airlines is likely to launch its initial public offering (IPO) in August 2021 and expects SEBI to clear the proposal by July 31, 2021. The company has filed its draft red herring prospectus with […]

Tata Power is reportedly considering an IPO of $473 million for its renewable energy business. The company has shelved its initial plans to seek a partner to invest in its renewable energy business via an […]

Dilip Buildcon Limited announced the closure of the qualified institutional placement (QIP) issue on April 26, 2021. The QIP committee of the company has determined and approved the issue and allotment of almost 9.45 million […]

The IPO of PowerGrid InvIT was subscribed 4.83 times on the last day of the subscription on May 3, 2021. The issue was valued at Rs 77,350 million and it received bids for 2,054,048,700 units […]

RailTel’s initial public offer (IPO) was subscribed 42.39 times on the final day of subscription. As per National Stock Exchange data, the Rs 8.19 billion offer received bids for 2.59 shares against the 0.061 billion […]

GoAir, the budget airline of the Wadia Group, plans to launch its IPO to raise about Rs 30 billion (about $411 million). Citigroup, ICICI Securities and Morgan Stanley have been appointed as bankers for reviving […]

Antony Waste Handling Cell Limited’s initial public offering (IPO) has received a strong response, with demand across all investor categories. The offering of 6.67 million shares, excluding the anchor investors’ portion, received bids for 100.27 […]