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IPO News

IPOs/FPOs/Rights issues-Markets-The Economic Times

31/01/2012 05:33 AM

City Union Bank appoints sub-committee on rights issue

The board of private sector lender City Union Bank has decided to appoint a sub-committee on its proposed Rs 400 crore rights issue.



 

31/01/2012 05:31 AM

Muthoot Finance to institute ESOP

Muthoot Finance Ltd today said it has drawn up plans to institute an Employee Stock Option Plan for its employees by next financial year.



 

31/01/2012 12:39 AM

Will current upswing in markets bring good tidings for IPOs?

The validity for nine IPOs, which aim to raise about Rs 3,950 crore, would expire by March. The market downturn last year had hit IPOs hard.



 

30/01/2012 04:46 PM

Edelweiss, Japan's SBI Holdings to launch $100-million fund EW SBIH Crossover Fund

Edelweiss Financial Services has tied up with Japan’s SBI Holdings to launch an alternative asset management fund. The $100-million fund.



 

30/01/2012 03:56 PM

Essar Group plans overseas listing for Aegis

Essar Group is finalising plans to sell part of its holdings in Aegis, its back office services venture, through an initial public offering.



 

30/01/2012 05:14 AM

Bhushan Steel to raise up to Rs 700 crore through rights issue

Bhushan Steel today said it plans to raise up to Rs 700 crore by April through a rights issue to part-finance its ongoing expansion projects.



 

27/01/2012 10:10 AM

Micromax, Pride Hotels among IPOs expired in Jan 2012

Four IPOs, including that of Micromax Mobiles and Pride Hotels, have expired in January 2012, Tara Jewels and Betul Oil being the other two.



 

25/01/2012 04:47 AM

Lok Capital closes second fund at $65 million

Lok Capital closed its second fund, Lok Fund II, at $65 million, the Mumbai-based impact investment-focused venture capital fund announced on Wednesday.



 

24/01/2012 10:41 AM

Jaypee Development Corporation to launch open offer for Andhra Cements shares tomorrow

Jaypee Development Corporation will launch an open offer for acquisition of 7.63 crore shares of Andhra Cements at Rs 12 apiece tomorrow.



 

23/01/2012 05:24 PM

IPO aspirants may take cue from Palco Recycle, move SAT over issue delays

Several firms may knock on the doors of the Securities Appellate Tribunal (SAT), a quasi judicial body, to decide the fate of their IPOs which have been hanging fire for months.



 

22/01/2012 02:21 AM

Government may come out with RINL, NBCC public issues by March end

The govt plans to come out with two initial public offers-- RINL and NBCC-- to raise about Rs 3,000 cr in the current fiscal.



 

19/01/2012 11:13 AM

IPO market likely to do better in 2012: ICICI Securities

After a dull 2011, IPO market in the country is likely to be better in the current calendar year on the back of an easing interest rate environment.



 

18/01/2012 04:44 AM

Reliance Communications plans $1.5 bn from IPO of undersea cable unit: Report

The debt-laden company is planning to list the unit as a business trust and may sell 75% of its stake in the planned IPO, said the source.



 

16/01/2012 07:22 AM

Vodafone India sets ball rolling for IPO, appoints NM Rothschild

UK-based telecom major Vodafone has moved a step further to list its India operations by roping in investment bank NM Rothschild to assist the listing plans.



 

16/01/2012 05:35 AM

Vishwanath Sugar and Steel files for Rs 3.74 billion IPO

Vishwanath Sugar and Steel Industries Ltd said on Monday it filed for an initial public offering to raise 3.74 billion rupees ($72 million).



 

12/01/2012 08:41 AM

ING Groep NV drops EurAsia business IPO plans

Dutch financial services major ING Groep NV today said it has dropped plans to bring an initial public offering.



 

09/01/2012 08:59 PM

Short on investor goodwill, Goodwill Hospital withdraws its public offering

Healthcare services provider Goodwill Hospital and Research Centre has withdrawn its initial public offer after keeping the book open for seven days.



 

09/01/2012 02:35 AM

Crisil Research reaffirms 5/5 grade to MCX IPO

CRISIL Research has reaffirmed CRISIL IPO grade of ‘5/5’ to the proposed initial public offer of Multi Commodity Exchange of India (MCX).



 

09/01/2012 01:39 AM

Goodwill Hospital IPO withdrawn due to poor response

The initial public offering of Goodwill Hospital and Research Centre has been withdrawn by the promoters due to poor response from investor community.



 

05/01/2012 11:35 AM

Sistema holds back IPO,may look at it after new telecom policy

Volatile market conditions has forced Sistema-Shyam to postpone its proposal to enter the capital market through an IPO.



 

04/01/2012 04:54 AM

China's IPO market the world's biggest in 2011 despite slump

China remained the world's biggest IPO market in 2011, even as total funds raised slumped from the previous year due to global slowdown.



 

02/01/2012 08:04 PM

Two out of every three IPOs that hit market in 2011 offering negative returns to investors

The performance of many IPOs was affected badly, with two out of every three issues that hit the market in 2011, offering negative returns to investors.



 

02/01/2012 02:49 PM

No quick relief in sight for ailing IPO market

The performance of many IPOs was affected badly, with two out of every three issues that hit the market in 2011, offering negative returns to investors.



 

29/12/2011 08:26 AM

Not a single issue hit the primary markets in November: Sebi

Reflecting the damp market mood, India Inc kept off public offers and rights issues in November, as not even a single issue hit the market for the second consecutive month.



 

29/12/2011 02:25 AM

Tough IPO market drives deals between private equity funds

KPMG figures $95 bn in maturing Indian PE investments made during the bull market years of 2006-2008 will come up for sale over the next three years.