The INR 700-Cr initial public offering (IPO) of Kolkata-based conductors and power cables manufacturer Lumino Industries was subscribed 118.12 times. The Qualified Institutional Buyers (QIB) portion was subscribed…
Gurugram-based Country Delight has begun early-stage preparations for an initial public offering (IPO) in India that could raise between USD 200-M and USD 300-M. The firm plans to begin pitches to investment bankers in…
The initial public offering of New Delhi-based Annu Projects has closed with a total subscription of 2.93 times. The issue received bids for 5,18,44,491 shares against the 1,76,83,000 shares on offer. The…
The INR 136-Cr initial public offering (IPO) of Thane-based hydraulic fittings maker Hy-Tech Engineers has been subscribed 134.04 times as of the fourth and final day of bidding. The offering received bids for 243.21…
The initial public offering of New Delhi-based Skyways Air Services has been subscribed over 26 times with the retail portion booked nearly 20 times, and the segment reserved for non-institutional investors (NIIs)…
Adani Group-backed Cemindia Projects has appointed ICICI Securities and SBI Capital Markets to manage a share sale to institutional investors. The company plans to raise up to INR 5,000 crore (USD 524 million) through…
Bhopal-based Dilip Buildcon is considering the establishment of a dedicated infrastructure investment trust (InvIT) for its power transmission and renewable energy assets, or potentially incorporating these assets into…
Welspun Investments and Commercials and Vipul Mathur, the MD & CEO of Mumbai-based Welspun Corp , have sold shares of the company worth a combined INR 1,433.4 Cr in a block deal executed on the NSE. The transaction…
Mumbai-based Mahindra Last Mile Mobility (MLMML) is preparing for a proposed initial public offering (IPO) that could take place in 12 to 18 months. The firm is evaluating a plan to nearly double its manufacturing…
The INR 825-Cr initial public offering (IPO) of Mumbai-based Augmont Enterprises has been subscribed 105.78 times. The issue received bids for 81.62 crore shares against 77.16 lakh shares on offer. Qualified…