IPO/QIP

SpiceJet’s Rs 30 billion QIP has been oversubscribed. Likely investors include Tata Mutual Funds, Discovery Funds and Plutus. The airline reportedly has statutory dues amounting to over Rs 6.01 billion. The move represents strong investor […]

Afcons Infrastructure is planning for a pre-IPO placement of Rs 40 billion. The move will scale down the planned IPO size to be launched in October and potentially enhance the company’s credibility in the market. […]

The Mumbai Metropolitan Region Development Authority (MMRDA) has secured a loan of Rs 316.74 billion from the Power Finance Corporation (PFC). The proceeds of the loan will be deployed in nine critical projects marking a […]

Waaree Energies Limited has received approval from SEBI to issue its initial public offering (IPO) of Rs 30 billion. The IPO comprises up to Rs 30 billion fresh equity issue and 3.2 million equity shares […]

NTPC Green Energy filed its draft red herring prospectus (DRHP) for an initial public offering (IPO) to raise Rs 100 billion. The IPO will entirely comprise fresh equity issue. The company intends to employ Rs […]

Western Carriers Limited, a logistics player, is set to launch its IPO, which includes a fresh issue of Rs 5 billion and an offer for sale (OFS) of up to 5.4 million shares. The price […]

Indian Renewable Energy Development Agency (IREDA) is in discussions to raise Rs 45 billion. The company is planning to raise funds through multiple channels, such as further public offering (FPO), qualified institutional placement (QIP), preferential […]

Data Infrastructure Trust is seeking to raise up to Rs 66.66 billion from its sponsors, which include Brookfield, GIC, and British Columbia Investment. This funding will be used to acquire the telecom portfolio of the […]

GMR Airports has approved a plan to raise up to Rs 50 billion in one or more tranches. The company stated that the fundraising would be conducted through the issuance of securities, including a Qualified […]

Adani Energy Solutions Limited raised $1 billion through a qualified institutional placement (QIP) issue. The issue has been oversubscribed three times, with a demand of approximately Rs 260 billion. This makes it the largest transaction […]

SpiceJet has plans to raise Rs 30 billion (around $360 million) through the sale of securities, including shares. The airline’s board of directors reportedly approved raising the amount through qualified institutional placement (QIP). Shares are […]

ACME Solar has submitted its draft red herring prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO) valued at Rs 30 billion, with each share priced at […]

Adani Enterprises Limited, the flagship company of the Adani Group, has received the board’s approval to raise Rs 166 billion. The fundraising plan is similar to plans announced by Adani Energy Solutions, to raise up […]

ACME Solar Holdings, renewable energy producer, has filed for a Rs 30 billion public issue. Around Rs 20 billion will be raised through issuance of fresh shares, while the founder entity ACME Cleantech Solutions intends […]

A third-party logistics solution provider, Ecom Express is looking to enter the primary market with an initial public offering (IPO) of Rs 30 billion. Appointed bankers include Kotak Capital, IIFL, Axis Capital, and UBS. The […]

According to a statutory filing, Birla TMT Holdings has transferred its Vodafone Idea Limited (Vi) shares worth Rs 353.7 million, or 0.52 per cent stake to Birla Group Holdings after amalgamation scheme involving certain entities […]

Adani Enterprises (AEL), the flagship company of Adani Group, intends to raise Rs 166 billion. The fundraising is similar to plans announced by Adani Energy Solutions (AESL), to raise up to Rs 125 billion. The […]

Vodafone Idea Limited’s (Vi) follow-on public offer (FPO) worth Rs 180 billion has been subscribed 26 per cent on the first day of bidding, largely driven by strong demand from qualified institutional buyers (QIBs). However, […]

Shapoorji Pallonji Group’s flagship infrastructure company Afcons Infrastructure Limited (AIL) has filed draft papers with SEBI to raise Rs 70 billion through an initial public offering (IPO). The company’s mega IPO is a combination of […]

Bharti Airtel’s subsidiary Bharti Hexacom’s IPO witnessed a strong response from investors during the last day of bidding process. A total of 1,23,24,80,626 bids were placed as against 4,12,50,000 equity shares offered. The issue was […]