IPO
Tuticorin-based private sector lender Tamilnad Mercantile Bank has raised funds from anchor investors before its Initial Public Offering (IPO) which opens today. The company has allocated 71.28 lakh equity shares to…
Other Deals - Listed Firms
Publicly listed Infosys Limited has divested its entire holding in US-based Trifacta Inc for ~US$12.0 million. Infosys had made minority investment of US$10.0 million during 2016-2019 in Trifacta, a data engineering…
IPO
SSBA Innovations, which runs the tax portal TaxBuddy and robo advisory platform Finbingo, has decided to withdraw its INR 105 crore Initial Public Offer (IPO), filed on July 29 with Sebi. The IPO was slated to be an…
Other Deals - Listed Firms
The Indian Railway Catering and Tourism Corporation (IRCTC) has withdrawn a contentious tender for the employment of a consultant to monetise its passenger and freight customer data.
IPO
Private Equity firm Blackstone is looking to appoint advisers for the USD 500 million initial public offering of Nexus Malls, a real estate investment trust which holds Blackstone's Indian retail portfolio. Blackstone…
IPO
The INR 562 crore initial public offering (IPO) of airport services aggregator DreamFolks Services was subscribed nearly 57 times. The quota for retail bidders was subscribed about 43.66 times, while the quota for…
Other Deals - Listed Firms
Bharti Airtel's promoter holding entity Bharti Telecom is acquiring a 3.3 % stake from Singapore-based Singtel for around USD 1.6 Billion (INR 12,895 crore). The Mittal family's effective holding in Bharti Airtel…
Other Deals - Listed Firms
Publicly listed Parag Milk Foods Ltd has raised INR 132 crore through preferential allotment from external investors and promoters. Investors have put in INR 113 crore and promoters, about INR 18.75 crore. AG Dynamic…
Other Deals - Listed Firms
Bharat Sanchar Nigam Limited (BSNL) has kicked off a process to sell 10,000 telecom towers to meet targets laid out by the Centre as part of its national monetisation pipeline (NMP). The state-owned telecom services…
IPO
Airport service aggregator platform DreamFolks Services garnered INR 253 crore from anchor investors ahead of its initial public offering (IPO) launch on August 24. The issue is entirely an offer for sale of 1.72 crore…
