IPO/QIP

Bajaj Energy Limited (BEL) has filed the draft red herring prospectus for an IPO with SEBI to raise Rs 54.5 billion. BEL plans to use the IPO proceeds to acquire Lalitpur Power Generation Company Limited’s […]

Annai Infra Developers Private Limited has filed a draft prospectus with the Securities and Exchange Board of India (SEBI) for an IPO. The IPO is a fresh sale of 10 million shares by the company, […]

The initial public offering (IPO) by Rail Vikas Nigam Limited (RVNL) was oversubscribed by 1.83 times on the fourth and final day of the bidding process. According to data available with the National Stock Exchange, […]

The Department of Telecommunications (DoT), in consultation with the Ministry of Finance, is planning to split an initial public offering (IPO), which includes the sale of a 25 per cent stake in Telecommunications Consultants India […]

Indian Telephone Industries [ITI] Limited has received approval from SEBI to float a follow-on public offer (FPO). This move will help ITI Limited in meeting the minimum 25 per cent public shareholding norm. ITI had […]

The India Grid Trust (IndiGrid) will launch its Rs 30 billion qualified institutional placement (QIP) soon. The fundraising will help the infrastructure investment trust acquire new assets in the power transmission space. The process is […]

Bharti Airtel’s Africa unit has concluded the pre-initial public offering (IPO) placement of shares with six global investors, including Warburg Pincus, Temasek, Singtel and SoftBank Group International, and has raised $1.25 billion (Rs 92 billion), […]

The Ministry of Finance is planning to launch an IPO to sell up to a 25 per cent stake in Telecommunications Consultants India Limited (TCIL) during the January-March 2019 quarter. The move is being made […]

Mazagon Dock Shipbuilders has received approval from the Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO). The public sector undertaking had filed draft papers with the markets regulator in […]

CLSA-backed Earth Water Group, a specialised water treatment company, is planning to raise Rs 6.5 billion-Rs 8.5 billion through an IPO. The company is expected to file the draft red herring prospectus soon. Promoters may […]

Avana Logistek Limited, a Mumbai-based logistics company, has filed a draft red herring prospectus with SEBI for an IPO. The IPO will comprise a fresh issue of shares for up to Rs 3 billion ($44 […]

Two rail public sector undertakings – the Indian Railway Finance Corporation (IRFC) and IRCON International Limited – are likely to launch IPOs in the next two months. The entities will raise Rs 15 billion in […]

State-owned engineering consultancy RITES Limited will launch its Rs 4.66 billion initial public offering (IPO) on June 20, 2018. The sale will close on June 22, 2018. The company has set a price band of […]

Public sector firm ITI Limited is planning to come out with a fresh issue of shares through a follow-on public offer (FPO) between July and August 2018. The Cabinet Committee on Economic Affairs has approved […]

State-run Rail Vikas Nigam Limited (RVNL), a special purpose vehicle (SPV) created in 2003 for rail project development and mobilising financial resources, has received regulatory approval for an IPO. The government will sell a little […]

Simplex Infrastructures has launched a qualified institutional placement to raise a sum of Rs 4.02 billion. The company has sold 7.07 million equity shares at Rs 569 each, including a premium of Rs 567 per […]

Ahmedabad-based civil construction firm Montecarlo Limited has filed a draft red herring prospectus for an IPO comprising a fresh issue of equity worth Rs 4.5 billion and a sale of 3 million shares by the […]

ReNew Power Ventures Private Limited has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to float an initial public offering (IPO). Reportedly, the issue size is estimated […]

GR Infraprojects Limited plans to raise Rs 18 billion through an IPO. It has filed a DRHP with SEBI for the same. The IPO comprises a fresh issue of shares worth up to Rs 5 […]

John Energy has received SEBI’s nod to raise an estimated Rs 3.5 billion through an IPO. The IPO comprises a fresh issue of shares worth Rs 2.18 billion and an offer for sale of up […]