Subscribe On Au Small Finance Bank Ltd - GEPL

Company Background

Au Financiers (India) Ltd based in Jaipur, Rajasthan was incorporated in 1996, and was operating as a non-banking finance company focused on retail segment serving low and middle income individuals and businesses that have limited or no access to formal banking and finance channels. Au Financiers operates in 3 business lines namely V

Pushpanjali Realms to float Rs 15-cr IPO

Pushpanjali Realms and Infratech Limited, engaged in real estate development in Uttarakhand, will come out with an initial public offering to raise around Rs 15 crore, reported PTI.

The issue will open on June 27, the company said. It proposes to raise Rs 14.55 crore through the issue of 26,46,000 shares.

The equity shares are proposed to be listed on the Emerge platform of

CDSL's IPO oversubscribed 170 times

The Central Depository Services' (India) (CDSL) initial public offering (IPO) issue got oversubscribed by more than 170 times on Wednesday.

According to data with stock exchanges, till 10.30 p.m. investors bid for over 422 crore shares as against only 2.48 crore equity shares offered by the company in a price band of Rs 145-149. 

Last week, CDSL had raised Rs 154.07

Hinduja Leyland Finance scraps IPO plans

Non-banking finance company Hinduja Leyland Finance Ltd has decided to scrap its initial public offering plans and has withdrawn its Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Board of India, parent firm Ashok Leyland Ltd said on Wednesday.

In a regulatory filing in the BSE, Ashok Leyland said the Board of Directors of Hinduja Leyland Finance had decide

Central Depository Services $81 million IPO subscribed 170 times

MUMBAI - Central Depository Services (India) Ltd's 5.2 billion-rupee ($81 million) initial public offering of shares was subscribed almost 170 times on the last day of sale on Wednesday, making it the most oversubscribed IPO this year.

The sale had received bids for about 4.22 billion shares against 24.8 million shares on offer, according to stock exchange data as

Regrob.com plans IPO to raise Rs 200-cr

Regrob.com, the second largest real estate brokerage firm in India, is planning to raise Rs 200 cr via an IPO. “After RERA implication and strong government controls like GST, Real estate market will be better organized and consolidation will take place. This is an opportunity for companies like ours to grow. Investkeen Capital has advised us to go for an IPO by the end of the year once t

BAWAG advances IPO preparations, Morgan Stanley helps - sources

By Arno Schuetze and Michael Shields

FRANKFURT/ZURICH  - BAWAG PSK is moving ahead with preparations for an initial public share offer that could value the Austrian bank at up to 5 billion euros ($5.6 billion) and has picked a lead organiser, people close to the matter said.

Its majority owner, private equity investment group Cerberus, has recruited Mor

Eris Lifesciences up to $270 million IPO oversubscribed

MUMBAI  - Indian drug maker Eris Lifesciences Ltd's initial public offering of shares to raise up to 17 billion rupees ($270 million) was subscribed more than three times on the last day of the sale on Tuesday, stock exchange data showed.

The sale received bids for 52.4 million shares, or 3.29 times the 15.9 million shares on offer to the public, according to

CDSL IPO oversubscribed 2 times on Day 1

The initial public offering (IPO) of Central Depository Services (India) Ltd (CDSL) was oversubscribed 2 times on the first day of the three-day bidding process. The IPO, to raise Rs 524 crore, received bids for 5,19,72,200 shares against the total issue size of 2,48,27,046 shares, as per NSE's data.

The category reserved for qualified institutional buyers (QIBs) was subscribed 97

Eris Lifesciences IPO subscribed 75% on Day 2

The initial public offer of Eris Lifesciences was subscribed 75 per cent on the second day of the issue, reported PTI. The IPO, to raise Rs 1,741 crore, received bids for 1,20,33,096 shares against the total issue size of 1,59,48,750 shares, data available with the NSE showed.

The portion set aside for qualified institutional buyers (QIBs) was subscribed 82 per cent, non institutional

Subscribe On Central Depository Services (India) Ltd - Reliance Sec

Solid, Predictable, Cash Generating Business

Central Depository Services (India) Limited – CDSL - is India’s leading depository in terms of incremental Beneficial Owner (BO) accounts over the last 4 years and by number of registered Depository Participants (DPs). In terms of market share, CDSL stands second to its only competitor i.e. Nati

Subscribe On Central Depository Services (India) Ltd - GEPL

Company Background

Central Depository Services Limited (CDSL) , is the second Indian central securities depository based in Mumbai. CDSL was established by BSE in 1997 and its operations were flagged off in 1999. According to the draft prospectus, BSE which is its promoter holds 52,297,850 shares or 50.05% equity stake in the depository subsidiary. Thi

Subscribe On Eris Lifesciences Ltd - SPA Sec

Investment Rationale

Focus on branded prescription products catering to lifestyle disorders

Company's focus has been on developing, manufacturing and marketing products, which are linked to lifestyle related disorders (typically chronic), targeting specialists and super specialist segments. It develops, m

IPO Note Eris Lifesciences Ltd - Emkay

Delicate balancing act on organic and inorganic growth

* Eris Life Sciences offers a unique play on India’s branded formulations space. Existing Indian pharma companies are either geographically diversified with MNC pharma companies lacking ambition.

* It has an enviable position in oral Anti-Diabetes, Cardiac and Gastroenterology, but

IPO Note Central Depository Services (India) Ltd - Religare Sec

About the Company

Central Depository Services (India) Limited (CDSL) commenced depository business in 1999. It was initially promoted by BSE, which subsequently divested a part of its stake to leading Indian banks viz. SBI, BOB, Union Bank, HDFC Bank among others. The depository system in India is Rs 2.4bn (FY16) comprising of only 2 depositories, CDSL

Government to divest around 25% stake in MSTC

The central government would divest its stake in MSTC by around 25 per cent of the total share capital in the current financial year, a top company official said on Thursday.

"At present the government has 89.85 per cent stake in the company. The government has decided they would be diluting 25 per cent of its holding in the company. With 25 per cent dilution, the government

Tejas Networks IPO subscribed 38% on Day 2

'The initial public offer (IPO) of Tejas Networks was subscribed 38 per cent on the second day of the three-day bidding yesterday, reported PTI. The IPO received bids for 65,56,935 shares against the total issue size of 1,71,12,005 shares, data available with the NSE showed. The portion reserved for qualified institutional buyers (QIBs) was subscribed 33 per cent, while subscription for non

Subscribe On Eris Lifesciences Ltd - GEPL

Company Background

Eris Lifesciences Ltd is an Ahmedabad, Gujarat based pharmaceutical company, incorporated in 2007 that is engaged in research, development, manufacturing and selling of select therapeutic areas within the chronic and acute categories of the Indian Pharmaceutical Market.

Company’s focus has been on developing, manufacturing and marketing products, whi

Subscribe On Eris Lifesciences Ltd - Motilal Oswal

Introduction: Incorporated in 2007, Eris Life Sciences manufactures branded pharmaceutical products in Chronic and Acute Categories such as Cardiovascular, Anti-Diabetics, Vitamins, Gastroenterology, and AntiInfectives. It is focused on diseases in the chronic category, which are linked to lifestyle disorders. The company is ranked 20th in the chronic category. The product port

Subscribe On Tejas Networks Ltd - SPA Sec

End-to-end portfolio of optical networking products

Tejas has an end-to-end portfolio of optical networking products for access, metro and long-haul networks and is well positioned to capitalize on the expected growth in optical capital expenditure by communication service providers in the private sector, government entities and PSUs. Tejas is the only

Subscribe On Tejas Networks Ltd - GEPL

Company Background

Tejas Networks Ltd is a Bangalore based company, incorporated in 2000, making optical and data networking products. It designs, develops and sells products to telecommunications service providers, internet service providers, utility companies, defense companies and government entities in India and over 60 countries. These products ar

IPO Note Tejas Networks Ltd - Religare Sec

About the Company

Tejas Networks Ltd is a Bengaluru based optical and data networking products company with customers in over 60 countries. The company designs, develops and sells high-performance and cost-competitive products to telecommunications service providers, internet service providers, utility companies, defense companies and government entiti

Tejas Networks IPO subscribed 11% on Day 1

The initial public offer (IPO) of Tejas Networks was subscribed 11 per cent on the first day of the issue, reported PTI.. The IPO received bids for 18,03,065 shares against the total issue size of 1,71,12,005 shares, as per data available with the NSE. The portion reserved for qualified institutional buyers (QIBs) was subscribed 6 per cent, non-institutional investors 1 per cent and retail inve

Capacit'e Infraprojects gets Sebi go-ahead for Rs 400-cr IPO

Capacit'e Infraprojects has received capital markets regulator Sebi's approval to raise Rs 400 crore through an initial public offer (IPO), reported PTI. The company had filed draft papers with Sebi in April and in June obtained its 'observations', necessary for launching an IPO, Capacit'e said in a statement.

Funds raised through the issue will be utilised for wor

Reliance General Insurance plans IPO

Reliance group has announced plans for public offer for its general insurance venture to get it listed in stock market, which may give the company a valuation of Rs 6,000 crore, reported PTI. Separately, Reliance General Insurance would look to rope in a strategic partner. This comes within days of another group firm -- Reliance Nippon Life Asset Management Company -- announcing plans to get li