The Jammu and Kashmir Bank received application forms for an aggregate of 6,97,02,602 fully paid-up equity shares of the bank under its qualified institutions placement (QIP) issue at INR 107.60 per equity share (a…
Sterling and Wilson Renewable Energy has raised INR 1,500 crore through qualified institutions placement (QIP). The bulk of the proceeds will be used to pare debt. The QIP involved the allotment of 43.2 million shares…
Jaipur-based Motisons Jewellers has raised over INR 36 crore from anchor investors ahead of its maiden public issue. The company has allotted 66 lakh equity shares to two funds at INR 55 apiece -- the upper end of the…
The initial public offer (IPO) of DOMS Industries was subscribed 93.40 times. The category reserved for retail investors was subscribed 69 times, followed by NIIs (non-institutional investors) at 66 times. The QIB…
Muthoot Microfin has raised INR 285 crore by selling part stake to anchor investors in the pre-IPO placement. The company has allocated 97,93,812 shares to 26 anchor investors. These include foreign portfolio investors…
The SME IPO of Accent Microcell has received bids worth over INR 12,000 crore against an offer size of INR 78 crore. The issue, which opened on December 8, has been subscribed 228 times so far. The heavy subscription…
Affordable housing finance company India Shelter Finance has attracted INR 360 crore from anchor investors, a day before its Initial Public Offering (IPO). The company has allotted 73.02 lakh equity shares to 38 funds…
Nimbus India Ltd. has acquired an additional stake in World Resorts Ltd from publicly listed Industrial Investment Trust Ltd for INR 15.52 crore. Nimbus India already holds about 14.10% shareholding in WRL.
Sky Gold , a Mumbai-headquartered business-to-business (B2B) jewellery manufacturing and marketing company, has raised INR 106 crore through allotment of shares and warrants on preferential basis. The company would…