Specialty chemicals maker Prasol Chemicals has filed preliminary papers with capital markets regulator Sebi to raise INR 800 crore through an initial share-sale. The IPO may include a fresh issue of equity shares…
E-commerce startup FirstCry.com is planning to file for an initial public offering to raise about USD 700 million. The online baby product marketplace is seeking a valuation of at least USD 6 billion. The issuance will…
Indiabulls Real Estate Ltd (IBREL) has raised INR 865 crore through the issue of shares to institutional investors. The Mumbai-based firm had launched its QIP (Qualified Institutional Placement) issue on March 7 and…
Gurugram-based ethnic wear fashion label Biba Fashion, which is backed by Warburg Pincus and Faering Capital, has filed preliminary papers with Sebi to raise funds through an initial public offering (IPO). The IPO…
Indiabulls Real Estate is to launch a Qualified institutional placement (QIP) issue and has set the floor price at INR 106.38 per equity share. The company plans to raise INR 1,500 crore through QIPs. The fundraising…
Bengaluru-based Portea Medical Pvt Ltd, India's largest home healthcare provider, plans to raise around INR 900-1,000 crore through an initial public offering, Existing shareholders will sell shares worth INR 700 crore…
Housing Development Finance Corporation (HDFC) has sold 4,96,32,349 shares (3.08% equity) of Bandhan Bank at an average price of INR 306.61 per share. The divestment aggregates to nearly INR 1,522 crore. HDFC has sold…
Rakesh Gangwal, co-founder of IndiGo, has asked Citigroup, Goldman Sachs, Morgan Stanley and JP Morgan to manage the planned sale of his shares in the airline. He may sell at least 5-7% of his family's shareholding in…
DCX Systems, a manufacturer of electronic sub-systems and cable harnesses, has filed preliminary papers with capital markets regulator Sebi to raise INR 600 crore through an initial public offering (IPO). The public…
The Rs 130 crore share sale of Hyderabad-based Hariom Pipe has been oversubscribed. The public issue received bids for 6.74 crore equity shares as against 85 lakh units on offer. The IPO received strong response from…