Apex Frozen Foods IPO subscribed 40% on first day

The initial public offer (IPO) of Apex Frozen Foods, which is in the business of aquaculture products, was subscribed 40 per cent on the first day of bidding on Tuesday, reported PTI. The IPO, to raise up to Rs 152 crore, received bids for 25,09,600 shares against the total issue size of 62,10,000 shares, data available with the NSE showed.

The portion set aside for non-institutional

Indian Energy Exchange gets SEBI nod for IPO

Indian Energy Exchange (IEX) has received the approval of capital markets regulator SEBI to float an initial public offer, reported PTI. The company had filed IPO papers with SEBI in June and got ‘observations’ from it on August 14, which is necessary for a company to launch the public offer, as per the latest update with the markets watchdog.

The IPO will see sale of 60,

Apex Frozen Foods to launch IPO on Aug 22

Apex Frozen Foods, which is in the business of aquaculture products will hit the capital market on August 22 with its initial public offer (IPO) to raise up to Rs 152 crore for expansion, reported PTI. The IPO of up to 87,00,000 equity shares of face value of Rs 10 each will be offered through a book-building route at a price-band of Rs 171-175 per share. At the upper end, the shares can fetch

Srei Equipment Finance plans IPO; to dilute up to 25% equity

Srei Equipment Finance Ltd (SEFL), a wholly-owned subsidiary of Srei Infrastructure Finance, said it plans an initial public offer to dilute up to 25 per cent of its equity share capital, reported PTI. SEFL provides financing for construction and mining equipment in the country. The company in a statement said that its board of directors at a meeting today has decided to evaluate public offerin

Cochin Shipyard IPO a landmark IPO: Government

Cochin Shipyard Ltd has completed its landmark IPO which was over-subscribed 75 times attracting more than Rs 1.11 lakh crore, as against the offer size of Rs 1,442 crore, the government said as per the PTI report. Parts of the IPO proceeds will be utilised for expansion projects of the state-run entity. CSL, under the shipping ministry, was listed on BSE and NSE on August 11, 2017. "The c

Dixon Tech prepares for IPO; eyes Rs 5K cr turnover in 3 yrs

Dixon Technologies, which is going for a Rs 700 crore IPO next month, aims to cross Rs 5,000 crore turnover in next 3-4 years banking on opportunities emerging from domestic market and exports, reported PTI. The Noida-based Dixon is looking to raise Rs 700 crore from the initial public offering (IPO), the proceeds of which will be used for expansion of the company, which manufactures appliances

Barbeque-Nation Hospitality Limited files IPO papers with SEBI

Barbeque-Nation Hospitality Limited files IPO papers with SEBI

Bangalore based Barbeque-Nation Hospitality Limited, one of India's leading casual dining restaurant chains according to the Technopak Report., filed its Draft Red Herring Prospectus (DRHP) with the market regulator SEBI seeking permission for its Initial Public Offering (IPO).  

Contura withdraws IPO due to capital market conditions

Contura Energy, Inc. has withdrawn the initial public offering of its shares of common stock due to capital market conditions. The company's principal selling stockholders unanimously determined that proceeding with the offering under current market conditions would undervalue the company. Accordingly, the company has withdrawn its registration statement on file with the US Securities and E

Cochin Shipyard surges 20% after a quite debut

Cochin Shipyard, the largest shipbuilding and maintenance facility in India, made a quite debut on the Bombay Stock Exchange at Rs 435, up 0.69 per cent above its listing price of Rs 432, in otherwise weak market conditions. In a similar trend, shares of the company, which had got overwhelming response for its initial public offering, listed at Rs 440.15, 1.88 percent higher than the issue pric

Cochin Shipyard makes strong market debut after $225 million IPO

MUMBAI  - Cochin Shipyard Ltd shares rose more than 20 percent on their trading debut on Friday after a $225 million initial public offering, as investors bet on strong growth prospects for the state-run company buoyed by a flagship government programme and push to localise defence manufacturing.

The stock was trading at 514 rupees by 0600 GMT, 19 percent higher

SIS shares lose over 7% in debut trade

Shares of Security and Intelligence Services (SIS) erased early gains to close with a loss of over 7 per cent against the issue price of Rs 815 in debut trade yesterday, reported PTI. The stock listed at a premium of 7.36 per cent at Rs 875 on BSE. However, it gave up all the gains later and finally closed at Rs 756.70, showing a loss of 7.15 per cent over the issue price. During the trade, it

Modine announces public offering of common stock

Modine Manufacturing Company, a diversified global leader in thermal management technology and solutions, today announced that it has commenced an underwritten public offering of 5 million shares of common stock. In connection with the offering, the Company intends to grant the underwriters a 30-day option to purchase up to an additional 750,000 shares of common stock of the Company.

SIS makes modest gains on market debut after $122 million IPO

MUMBAI - Security and Intelligence Services (India) Ltd (SIS) shares made modest gains on their market debut on Thursday after a $122 million initial public offering, suggesting investors were cautious of the stock's high valuations.

The stock rose as much as 8 percent to a high of 879.80 rupees in early trade, compared with the IPO issue price of 815 rupees. By 0

Thermo Fisher Scientific prices offering of common stock

Thermo Fisher Scientific Inc. announced that it has priced its underwritten public offering of 8,771,930 shares of common stock at a price of USD 171.00 per share for expected gross proceeds of approximately USD 1.5 billion, before the underwriting discount and expenses. Thermo Fisher has also granted the underwriters a 30-day option to purchase up to an additional 1,315,789 shares of its commo

Sintex Plastics Tech makes strong debut, fall posts listing

Sintex Plastics Technology, the plastic division of Sintex Industries, made a robust debut on the Bombay Stock Exchange by rising 5 per cent above its listing price of Rs 130. However, the demerged entity soon pared its gain and slipped into negative terrain. The shares of company were currently trading at Rs 126.75 apiece, down 2.5 per cent against issue price. In the day’s trade so far,

GIC files papers for IPO, govt to dilute 14.22% stake

General Insurance Company of India has filed draft red herring prospectus (DRHP) for initial public offer for sale of 12.4 crore shares as part of the government's strategy to list all state-owned insurers, reported PTI. Following the IPO, the central government's stake in the wholly owned reinsurance firm will come down by 14.22 per cent, according to the DRHP. The company proposed IPO

Mahindra Logistics files for IPO

Mahindra Logistics Ltd, a unit of automobile major Mahindra and Mahindra Ltd, has filed for an initial public offering of shares, reported PTI. The promoter, Mahindra and Mahindra Ltd, will be selling 9.7 million shares while Normandy Holdings Limited will sell 9.3 million shares as part of IPO, according to a filing with market regulator Securities and Exchange Board of India. Mahindra Logisti

Mahindra Logistics Ltd files for IPO

 India's Mahindra Logistics Ltd, a unit of automobile major Mahindra and Mahindra Ltd, has filed for an initial public offering of shares.

The promoter, Mahindra and Mahindra Ltd, will be selling 9.7 million shares while Normandy Holdings Limited will sell 9.3 million shares as part of IPO, according to a filing with market regulator Securities and Exchange Board of India. ht

Cochin Shipyard IPO a huge hit, oversubscribed 76 times

The initial share sale offer of Cochin Shipyard garnered strong demand from investors with the issue getting oversubscribed 76.12 times on the last day of the bidding, reported PTI. The IPO, to raise up to Rs 1,468 crore, received bids for over 258 crore shares against the total issue size of 3,39,84,000 shares, data available with the NSE showed.

The category reserved for qualified i

India looking to sell up to 25 percent stake in four defence companies via IPO

MUMBAI - The government of India is considering selling up to 25 percent of its stake in four state-owned companies under the control of the department of defence through an initial public offering, a public notice showed on Friday.

The government has invited proposals for the IPO by 3 p.m. (0930 GMT) on Aug. 18. The government is looking to sell stakes in Mazagon Doc

Security and Intelligence Services $122 million IPO subscribed nearly 7 times

Security and Intelligence Services (India) Ltd's (SIS) 7.8 billion-rupee ($122.5 million) initial public offering (IPO) of shares was subscribed 6.94 times on the last day of the sale on Wednesday, indicating strong interest in the business services provider.

Investors had bid for about 36.9 million shares, compared with about 5.3 million on offer as of 1245 GMT, data from the sto

Cochin Shipyard IPO subscribed 92% on Day 1

The initial public offer of Cochin Shipyard was subscribed 92 per cent on the first day of the three-day bidding, reported PTI. The IPO received bids for 3,13,17,540 shares against the total issue size of 3,39,84,000 shares, data available with the NSE showed. Public sector unit Cochin Shipyard aims to raise up to Rs 1,468 crore through its share sale offer.

The portion set aside for

Hatsun Agro plans to raise Rs 500 cr via QIP

Dairy firm Hatsun Agro Products has sought shareholders' approval to raise up to Rs 500 crore through private placement of securities to institutional investors. The shareholders' nod has been sought through postal ballot, according to a regulatory filing. In a postal ballot notice, the company has sought shareholders' nod for "raising of funds up to Rs500 crore by issue of sec

Dixon Technologies gets Sebi`s nod for IPO

Dixon Technologies, a consumer electronics and lighting product manufacturer, has received market regulator Sebi's approval to raise an estimated Rs 600 -650 crore through initial public offering, reported PTI. The company had filed draft papers with Sebi to float an IPO in May and got 'observation' from the regulator on July 26, as per the latest update with Securities and Exchange

Security and Intelligence Services IPO opens on July 31

The Security and Intelligence Services has fixed a price band of Rs 805 to Rs 815 per share for its proposal to raise funds through initial public offering (IPO), a top official said as per the PTI report. The sale of shares will be open for public subscription on July 31 and closes on August two, 2017. The funds raised would be used for repayment and prepayment of a portion of certain outstand