Overall public equity fundraising also dropped by 55 per cent to Rs 41,919 crore from Rs 92,191 crore in the corresponding period of the previous year.
WAPCOS Ltd, a central public sector enterprise, under the administrative control of the Ministry of Jal Shakti and engaged in engineering consultancy services and construction in the fields of water, power and infrastructure sectors for businesses and communities in India and overseas, has filed initial papers with the market regulator for its proposed Initial Public Offering (IPO).
LIC has fixed the price band at Rs 902-949 per equity share for the issue. The offer includes a reservation for eligible employees and policyholders. The retail investors and eligible employees will get a discount of Rs 45 per equity share, and policyholders will get a discount of Rs 60 per equity share.
The LIC's IPO is finally opening next week. In this episode, we explain the valuation, price band, timing of launch, the post IPO probable scenario and more on India’s "biggest" ever public offering.
With this IPO, which is through an offer-for-sale (OFS) route, the government is looking to divest its 3.5 per cent stake in the insurer by selling 22.13 crore shares.
The Centre aims to offload a total of 316 million equity shares to investors through the public offering out of the 6.32 billion outstanding shares, the document showed.
Paytm is seeking a $20-22 billion valuation for its IPO, added a source.
New Delhi: ICICI Lombard General Insurance Company, country’s largest non-life private sector insurer, opened up its mega Rs 5,700 crore initial public offer (IPO) on Friday. The offering will continue till September 19. The insurance company on Thursday raised Rs 1625 crore from 64 anchor investors including Goldman Sachs India, BNP Paribas, Kuwait Investment Authority […]
Mumbai: The initial public offering (IPO) of SBI Life Insurance was oversubscribed by 3.57 times on the final day of offering. On Friday at 7 p.m. the IPO attracted over 3.5 times the allocated limit. At upper end of the price band, the IPO attracted subscription of close to Rs 25,000 crore (inclusive of anchor […]
Mumbai: SBI Life Insurance, which is going to come up with an initial public offer (IPO), today said the company will focus on protection products, including critical illness. “Recently, we had launched a ‘Sampoorn Cancer Suraksha’, which is a critical care product. Going forward, we are planning to bring out more protection products, including critical care […]
New Delhi: Cable TV services provider Ortel Communications today closed its IPO by raising an estimated Rs 175 crore, even as the shares reserved for high net-worth investors and retail investors remained under subscribed. The IPO funds raised include Rs 46 crore from anchor investors. The IPO received bids for 71,23,125 shares against an offer […]
New Delhi: Saudi Aramco launched has its prospectus for the worlds biggest IPO with a potential largest ever company valuation of estimates ranging wildly from $1.2-2.3 trillion, with an India angle-acquiring 20 per cent in Reliance Industries Limited (RIL) oil to chemicals business and an expansion of its upstream business in high growth markets. In […]
Copyright © 2024 - Odisha Television Limited All Rights Reserved.