Sterling and Wilson Renewable Energy Limited (SWREL) announced that it has raised Rs 15 billion through qualified institutions placement (QIP) route. On December 14, 2023, the Securities Issuance Committee of the board of directors approved […]
Cochin Shipyard Limited has hired a consortium of merchant bankers led by SBI Capital Markets Limited to manage its IPO. The other members of the consortium are JM Financial Institutional Securities Limited and Edelweiss Financial […]
Mahanagar Gas Limited (MGL) is listed on the exchanges at Rs 540 per share, up 28 per cent from its issue price of Rs 421 per share. The country’s second largest compressed natural gas (CNG) […]
Mumbai-based messaging and voice interface company RouteSMS is planning to launch an IPO by October 2016. The company is likely to dilute 25-30 per cent stake through the IPO, which is being handled by YES […]
The Vodafone Group has reportedly invited banks to submit pitches for managing its planned initial public offering (IPO) in India. These include the Citigroup, Goldman Sachs, Morgan Stanley, Bank of America Merrill Lynch, the UBS […]
IDFC Alternatives is in discussions with ACME Solar to invest Rs 6 billion in the latter. ACME will utilise the funds to execute its under-development solar power project. Currently, the company has solar power assets […]
The Securities and Exchange Board of India has approved the proposed initial public offerings (IPOs) of Chennai-based construction company GVR Infra Projects Limited and of Mahanagar Gas Limited (MGL), a Mumbai-based city gas distribution company. […]
GoAir is planning to launch a Rs 10 billion IPO in 2016-17. However, the carrier plans to go ahead with this once it acheives clarity on the delivery of new Airbus aircraft. The airline earlier […]
The central government has invited expression of interest bids from merchant bankers to manage an IPO for the sale of shares of Cochin Shipyard Limited. The IPO of over 33.9 million equity shares would include […]
The Securities and Exchange Board of India has approved the proposed initial public offerings (IPOs) of Chennai-based construction company GVR Infra Projects Limited and of Mahanagar Gas Limited (MGL), a Mumbai-based city gas distribution company. […]
Kannur International Airport Limited (KIAL) is considering issuing shares worth Rs 300 million to generate additional funds. An investor will have to subscribe to a minimum 500 shares, priced at Rs 100 a piece. The […]
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