IPO
Public sector lender Indian Bank plans to divest its 17.91% stake in the National Stock Exchange of India (NSE) through an offer-for-sale (OFS) as part of the exchange’s proposed IPO. The bank has executed a consent…
IPO
The initial public offering (IPO) of Mumbai-based Pranav Constructions was subscribed 121 times by the close of the bidding period. The offering includes a fresh issue of shares worth INR 315.6 crore and an…
IPO
The initial public offering (IPO) of Mumbai-based specialty chemicals manufacturer Prasol Chemicals was subscribed 2.56 times. The QIB portion was subscribed 5.58 times, while the NII and retail portions were booked…
IPO
Meerut-based Kanohar Electricals’s initial public offering (IPO) crossed 37.86 times subscription. The issue was subscribed 50.48 times by qualified institutional buyers (QIBs), 71.03 times by non-institutional…
IPO
The National Stock Exchange (NSE) has filed an updated draft red herring prospectus (UDRHP). The proposed initial public offering (IPO) size is now estimated at about INR 23,000-Cr, a reduction from the initial INR…
Other Deals - Listed Firms
The Reserve Bank of India (RBI) has approved a proposal from ICICI Prudential Asset Management Company to acquire 9.95% in Mumbai-based, publicly listed AU Small Finance Bank . The approval permits the asset manager to…
Secondary Issues
Jaipur-based, publicly listed Continental Securities , a non-banking financial company (NBFC) plans to raise fresh capital through the issuance of equity shares or securities convertible into equity.Founded in 1990 by…
IPO
Noida-based MKC Agro Fresh has filed draft papers for an Initial Public Offering (IPO). The IPO will comprise a fresh issue of 99.99 lakh equity shares and an offer for sale (OFS) of 68.12 lakh shares by existing…
Other Deals - Listed Firms
China-based Fosun Pharma has sold a 6% stake in publicly listed Gland Pharma for about INR 2,800 crore through block deals. The transaction involved the sale of 98.97 lakh shares to various mutual funds.Founded in…
IPO
Chittorgarh, Rajasthan-based Monomark Engineering has received approval from Sebi for a public issue comprising a fresh issuance of 2.7 crore shares. The firm provides industrial operations and maintenance services…
