IPO
RBZ Jewellers's Rs.100-Cr IPO oversubscribed
The initial public offer (IPO) of Ahmedabad-based RBZ Jewellers was oversubscribed. RBZ specialises in making antique gold jewellery.
Public Market
IPO
Suraj Estate Developers IPO subscribed 15.65 times
Suraj Estate Developers IPO was subscribed 15.65 times with investors sending in bids for 12.88 crore shares against the offer size of 82.35 lakh shares. Retail investors bought 9.30 times and high net-worth…
IPO
Mens' casual wear seller Credo Brands' Rs.550-Cr IPO subscribed 51.85 times
The Initial Public Offering (IPO) of Credo Brands Marketing, which owns denim brand Mufti, got subscribed 51.85. The INR 549.77 crore IPO attracted bids for 71,26,92,325 shares against 1,37,44,472 shares on offer…
Secondary Issues
Jammu & Kashmir Bank raises Rs.750-Cr via QIP
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…
Secondary Issues
Sterling and Wilson Renewable Energy raises Rs.1,500-Cr via QIP
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…
IPO
Motisons Jewellers raises Rs.36-Cr from 2 anchor investors
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…
IPO
Stationery products maker DOMS Industries' Rs.1,200-Cr IPO subscribed 93.4 times
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…
IPO
Muthoot Microfin attracts Rs.285-Cr via anchor placement
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…
IPO
Inox India raises Rs.438-Cr from anchor investors
Inox India has raised INR 438 crore from anchor investors by allocating 66.33 lakh shares at INR 660 apiece. Investors included SBI MF, ICICI MF, HDFC MF, Fidelity, ADIA, Nomura, Goldman Sachs, Nippon MF, Axis MF…
IPO
Accent Microcell's Rs.78-Cr SME IPO oversubscribed 228 times
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…