Archive for the IPO Category
July 9, 2011 by | No Comments
Bharatiya Global Infomedia Ltd (BGIL) is a technology based company, is in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio. BGIL focusing on the sectors such as Information Technology security and compliance automation software solutions and technology related to media & entertainment industry with focus on research & [...]
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January 31, 2011 by | No Comments
Sanco Industries plans a public issue of 75 lakh equity shares having a face value of Rs 10 each. It has filed draft red herring prospectus with the market regulator SEBI. Polyvinyl chloride (PVC) manufacturer Sanco Industries plans a public issue of 75 lakh equity shares having a face value of Rs 10 each. It [...]
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January 31, 2011 by | No Comments
Noida-based Goodwill Hospital and Research Centre has filed draft red herring prospectus (DRHP) with the market regulator SEBI for its initial public offering (IPO) of Rs 62 crore with one detachable warrant per equity share offered. Goodwill Hospital is engaged in running a multi-specialty hospital at Noida under the brand Ojjus Medicare, with a super specialty [...]
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January 31, 2011 by | No Comments
Transformers manufacturer M and B Switchgears has proposed to enter capital market for funding its forthcoming solar photovoltaic power plant, with a public issue of 50 lakh equity shares (face value of Rs 10 each). It has filed draft red herring prospectus (DRHP) with SEBI. The issue will constitute 25% of the post-issue paid-up equity share [...]
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January 31, 2011 by | No Comments
Tribhovandas Bhimji Zaveri, a well-known and trusted jewellery retailer in India, has filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) for a public issue of 16,666,667 equity shares of face value of Rs 10 each for cash at a price (including a share premium per equity share) [...]
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January 11, 2011 by | No Comments
With Coal India leading the pack, the year 2010 witnessed a number of successful Initial Public Offers (IPO). As per the report by SMC Global Securities, more than 59,500 crore was raised through IPOs during the year. Well, in 2011 also it seems that history will repeat itself. Going with the same SMC Global Securities [...]
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December 21, 2010 by | No Comments
Sistema Shyam Telecom plans a public offer in the second half of 2011 after the completion of its 20% stake sale to the government of Russia for close to $600 million early next year. Ongoing inquiries into spectrum allocation will not affect the company’s India plans and it will reply to letter from the Indian [...]
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November 30, 2010 by | No Comments
Follow-on public offer (FPO) of Shipping Corporation of India (SCI), one of India’s largest shipping companies in terms of Indian flagged tonnage, has opened for subscription today. It has set a price band at Rs 135-140 a share for its FPO of 8,46,90,730 equity shares. The issue comprises of a fresh issue of 42,345,365 equity [...]
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November 30, 2010 by | No Comments
MOIL’s (formerly Manganese Ore India) initial public offering (IPO) has received overwhelming response from qualified institutional investors (QIBs). The issue, which closes tomorrow, has subscribed 12.4 times so far, reports CNBC-TV18. Reserved portion of QIBs, which closes today, was subscribed 20.19 times. The issue has received bids for more than 38 crore equity shares as [...]
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November 25, 2010 by | No Comments
The government has fixed a price band of Rs. 340-375 a share for raising up to Rs. 1,238 crore through initial sale of shares in Manganese Ore India Ltd (MOIL). Incorporated as Manganese Ore (India) Limited (MOIL Limited) in 1962, MOIL Ltd. is one of the largest producer of manganese ore (largest in FY08 by [...]
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