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Credo Brands Marketing files IPO papers with SEBI Credo Brands Marketing has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO is a complete offer for sale (OFS) of up to 1.96 crore shares by promoters and other existing shareholders. DAM Capital Advisors, ICICI Securities, and Keynote Financial Services are the book-running lead managers to the public issue. The equity shares are proposed to be listed on the BS...
Credo Brands Marketing files IPO papers with SEBI
Credo Brands Marketing files IPO papers with SEBI
Source: Accord Fintech
17/07/2023 1:14:13 PM
High End Computing Solutions Co, Netweb Technologies files DRHP for IPO Delhi-NCR based server maker Netweb Technologies India Limited, one of the country’s leading high-end computing solutions (HCS) provider has filed its draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an Initial Public Offering (IPO). The issue with a face value of Rs 2 per equity share consists of a fresh issue of equity shares worth up to Rs 257 crore and an offer-for-sale (OFS) of up to 8.5 ...
High End Computing Solutions Co, Netweb Technologies files DRHP for IPO
High End Computing Solutions Co, Netweb Technologies files DRHP for IPO
Source: PR Agency
29/03/2023 4:08:31 PM
Tata Technologies files draft papers with SEBI to raise funds via IPO Tata Technologies, a subsidiary of Tata Motors, has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The equity shares of the company are proposed to be listed on both -- NSE and BSE. The IPO is purely an offer for sale (OFS), where the company will sell up to 9.57 crore equity shares representing approximately 23.60 per cent of its paid-up share capital.  Under th...
Tata Technologies files draft papers with SEBI to raise funds via IPO
Tata Technologies files draft papers with SEBI to raise funds via IPO
Source: Accord Fintech
10/03/2023 3:18:04 PM
Zaggle Prepaid Ocean Services files IPO papers with SEBI Zaggle Prepaid Ocean Services has filed draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The IPO comprises fresh issue of equity shares worth Rs 490 crore and an offer for sale (OFS) component of 1.05 crore stocks by promoters, investors and other shareholders. Proceeds from the fresh issue would be utilised towards customer acquisition and retention, development of technology and products, payment of debt and for...
Zaggle Prepaid Ocean Services files IPO papers with SEBI
Zaggle Prepaid Ocean Services files IPO papers with SEBI
Source: Accord Fintech
20/12/2022 3:25:03 PM
WAPCOS Ltd, under Jal Shakti Ministry, files for IPO 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). The public issue with a face value of Rs 10 per equity share is a complete offer-for-sale (OFS) of up to 32,...
WAPCOS Ltd, under Jal Shakti Ministry, files for IPO
WAPCOS Ltd, under Jal Shakti Ministry, files for IPO
Source: IANS
27/09/2022 9:57:04 AM
Innova Captab files IPO papers with SEBI Innova Captab has filed draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The proposed IPO comprises fresh issuance of equity shares worth Rs 400 crore and an offer for sale (OFS) of 96 lakh equity shares by promoters and other shareholders. Of the Rs, 400 crores proposed to be raised through fresh issuance of equity shares, Rs 180.5 crore will be used for payment of a debt, Rs 29.5 crore will be utilized for payme...
Innova Captab files IPO papers with SEBI
Innova Captab files IPO papers with SEBI
Source: Accord Fintech
1/07/2022 2:25:25 PM
Primary market scenario post April 2022 The world has been affected by Covid-19 for over 24 months now. However, capital markets used this opportunity and had a fantastic run during the same whether it be secondary markets or for that matter primary markets. A striking feature of primary market offerings during calendar year 2021 was the fact that the bulk of the offerings, as much as roughly 80 per cent was offer for sale. This OFS was dominated by PE investors who took advantage of the markets and sold their stake at unbelievable...
Primary market scenario post April 2022
Primary market scenario post April 2022
Source: IANS
21/04/2022 1:42:15 PM
Bharat FIH files DRHP with SEBI for IPO worth Rs 5,000 crore Foxconn group’s arm Bharat FIH has filed its draft red herring prospectus (DRHP) with Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The Rs 5,004 crore IPO comprises a fresh issue of Rs 2,502 crore and an offer for sale (OFS) of Rs 2,502 crore. The offer for sale is by its promoter, Wonderful Stars. Wonderful Stars and FIH Mobile are its promoters, its prospectus stated. Wonderful Stars, together with its nominees, holds 99.97 per cent of the com...
Bharat FIH files DRHP with SEBI for IPO worth Rs 5,000 crore
Bharat FIH files DRHP with SEBI for IPO worth Rs 5,000 crore
Source: Accord Fintech
23/12/2021 12:08:55 PM
Hindustan Copper OFS opens for non-retail investors The offer for sale of government equity in Hindustan Copper opened on Thursday amid hype of a good response from investors. The government is selling up to 10 per cent stake in the metal and mining company via offer for sale (OFS) at a floor price at Rs 116. The offer, which takes place on September 16-17, is open for non retail investors on Thursday. It will allow retail investors on Friday. The OFS includes a 5 per cent Green-shoe option. The government is selling 4,83,31,201 eq...
Hindustan Copper OFS opens for non-retail investors
Hindustan Copper OFS opens for non-retail investors
Source: IANS
16/09/2021 3:08:36 PM
SUUTI to sell shares in Axis Bank via OFS The Specified Undertaking of the Unit Trust of India (SUUTI) has offered to sell nearly 2 per cent stake in Axis Bank through offer for sale (OFS).   SUUTI may sell up to 5.8 crore shares at the floor price of Rs 680 per share, and this will help the government raise up to Rs 3,949.34 crore.   "The seller proposes to sell up to 36,000,000 equity shares of the company, (representing up to 1.21 per cent of the total issued and paid up equity share capital of the compa...
SUUTI to sell shares in Axis Bank via OFS
SUUTI to sell shares in Axis Bank via OFS
Source: IANS
19/05/2021 9:57:58 AM
Companies raise Rs 1.6L cr from primary market in FY21 As the pandemic hit business activities and liquidity flows, companies raised funds worth Rs 1.6 lakh crore from the primary market in the last financial year through initial public offerings (IPO), offer for sale (OFS), follow on public offering (FPO) among other routes. It is the second highest fund amount raised from the primary in the last 10 years after Rs 1.74 lakh crore raised by the companies in FY2017-18, showed a Motilal Oswal Financial Services report. "Funds worth Rs 1....
Companies raise Rs 1.6L cr from primary market in FY21
Companies raise Rs 1.6L cr from primary market in FY21
Source: IANS
14/04/2021 2:44:04 PM
Government calls for presentation by merchant bankers for Tata Comm OFS on Tuesday The Department of Investment and Public Asset Management (DIPAM) has called on the interested merchant banks to make presentations on Tuesday for the selection of a merchant banker-cum-selling broker for disinvestment of the government's entire shareholding in Tata Communications through offer for sale (OFS). A total of 11 merchant banks are in the fray including Axis Capital, Credit Suisse Securities (India) Private Ltd, Elara Capital (India), Goldman Sachs (India) Securities and ICIC...
Government calls for presentation by merchant bankers for Tata Comm OFS on Tuesday
Government calls for presentation by merchant bankers for Tata Comm OFS on Tuesday
Source: IANS
8/02/2021 12:33:30 PM