Tag Archive for Equity

Fine Organic Industries Limited: Initial public offering of equity shares of face value Rs. 5 each (the “Equity Shares”) to open on June 20, 2018* and to close on June 22, 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mr. Devan Kampani (JM Financial Limited), Mr. Tushar Shah (Chief Financial Officer, Fine Organic Industries Limited), Mr. Prakash Kamat (Chairman, Fine Organic Industries Limited), Mr. Mukesh Shah (Managing Director, Fine Organic Industries Limited), Mr. Jayen Shah (Chief Executive Officer, Fine Organic Industries Limited) and Mr. Jibi Jacob (Edelweiss Financial Services Limited) at Fine Organic Industries Limited IPO Press Conference held in Mumbai today.

Fine Organic Industries Limited (the “Company”) proposes to open on Wednesday, June 20, 2018*, an initial public offering of 7,664,994 Equity Shares through an offer for sale by the promoter group selling shareholders (the “Offer”). Read more

Lemon Tree Hotels Limited allots RS. 311 CRORE to 16 ANCHOR INVESTORS AT RS. 56 PER EQUITY SHARE

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Lemon Tree Hotels Limited (the “Company” or the “Issuer”) has finalized the allocation of 55,643,820 Equity Shares at Rs. 56 (upper end) per Equity Share aggregating to Rs. 311 crore to 16 anchor investors.

The anchor list include:- SBI MAGNUM MONTHLY INCOME PLAN- 3.85% , SBI MAGNUM MULTIPLIER FUND-6.42%, SBI MAGNUM BALANCED FUND-10.55%, NS PARTNERS TRUST-3.21%,VANTAGETRUST III MASTER COLLECTIVE INVESTMENT FUNDS TRUST-5.12%,MIRAE ASSET INDIA SOLOMON EQUITY INVESTMENT TRUST 1-1.60%,MIRAE ASSET INDIA SECTOR LEADER EQUITY FUND-3.61%,INDUS INDIA FUND (MAURITIUS) LIMITED-3.75%, INDUS INDIA FUND (SV) LIMITED-2.50%, RBC ASIA PACIFIC EX-JAPAN EQUITY FUND-5.20%, LGT SELECT FUNDS – LGT SELECT EQUITY EMERGING MARKETS-3.21%, DB INTERNATIONAL (ASIA) LTD-12.61%, GEMEQUITY-3.21%, DORIC ASIA PACIFIC SMALL CAP (MAURITIUS) LIMITED-3.21%, NEW YORK STATE COMMON RETIREMENT FUND-3.21%, ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUST PLC-7.29%, ALPINE GLOBAL PREMIER PROPERTIES FUND-5.20%, ZAABA PAN ASIA MASTER FUND-2.08%, HDFC SMALL CAP FUND-8.33%, BNP PARIBAS ARBITRAGE-5.83% Read more

BANDHAN BANK LIMITED: Initial Public Offer of equity shares of face value Rs. 10 each (the “Equity Shares”) to open on March 15, 2018 and to close on March 19, 2018 Price Band: Rs. 370 to Rs. 375 per Equity Share

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Mr. Vishal Kampani (JM Financial Ltd.), Mr. Sonjoy Chatterjee (Goldman Sachs (India) Securities Private Ltd.), Mr. Uday Kotak (Kotak Mahindra Bank), Mr. Chandra Shekhar Ghosh (Managing Director and Chief Executive Officer, Bandhan Bank Ltd), Mrs. Shikha Sharma (Axis Bank Ltd.), Mr. Sunil Samdani (Chief Financial Officer, Bandhan Bank Ltd) and Mr. Madhav Kalyan (J.P Morgan Chase Bank N.A., India) at the Bandhan Bank Limited IPO Press conference held in Mumbai today.

Bandhan Bank Limited (the “Company” or the “Issuer”) proposes to open on Thursday, March 15, 2018, an initial public offering of up to 119, 280,494 Equity Shares (the “Offer”), consisting of a Fresh Issue of up to 97,663,910 Equity Shares and an Offer For Sale of up to 14,050,780 Equity Shares by IFC and up to 7,565,804 Equity Shares by IFC FIG (collectively, the “Selling Shareholders” and such Equity Shares offered by the Selling Shareholders, the “Offered Shares”) (“Offer For Sale”). Read more

ICICI Securities allots Rs. 1718 cr to 58 anchors @ Rs. 520 per equity share

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

NSE link

https://www.nseindia.com/content/ipo/ANCHOR_ISEC.zip

Key highlights

·         ICICI Securities allots Rs. 1718 crore to 58 anchors at Rs. 520 per equity share (upper end of the Band)

·         International anchors include: Temasek, Fidelity, Artisan, Fairfax, Nomura, Amansa & Blackrock

·         Domestic Mutual Funds include – HDFC MF, DSP Blackrock, Reliance MF, Premji Invest, SBI MF, Birla MF and IDFC MF

·        Major portion of the anchor book comprises long only funds including sovereign wealth funds, pension funds and other global long only FIIs and DIIs

·         Anchor book comprises 45% (Rs 1718 cr) of the total book wherein a minimum of 75% can be allocated to QIBs

ICICI Securities Limited (the “Company” or the “Issuer”) has finalized the allocation of 3,30,24,165 crore Equity Shares at Rs. 520 per Equity Share (upper end of the Price Band) aggregating to Rs. 1,717.26 crore to 58anchor investors. Read more

Sandhar Technologies Limited ALLOTS RS. 153.74 CRORE to 15 ANCHOR INVESTORS AT RS. 332 PER EQUITY SHARE

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

https://www.bseindia.com/markets/MarketInfo/DispNoticesNCirculars.aspx?page=20180316-30

Sandhar Technologies Limited  (the “Company” or the “Issuer”) has finalized the allocation of 46,30842 crore Equity Shares at Rs. 332 per Equity Share aggregating to Rs. 153.74 crore to 15 anchor investors.

 

The anchor investors include: DSP BLACKROCK SMALL CAP FUND – 7.15%;  ICICI PRUDENTIAL INDO ASIA EQUITY FUND – 2.38%; ICICI PRUDENTIAL VALUE FUND – SERIES 10 – 4.77%; HSBC GLOBAL INVESTMENT FUNDS – ASIA EX JAPAN EQUITY SMALLER COMPANIES – 7.15%; EASTSPRING INVESTMENTS INDIA CONSUMER EQUITY OPEN LIMITED -  7.15%; THE NOMURA TRUST AND BANKING CO., LTD. AS TRUSTEE OF NITM ASIA OPEN -  4.22%; ADITY BIRLA SUN LIFE TRUSTEE PRIVATE LIMITED A/C ADITYA BIRLA SUN LIFE SMALL AND MIDCAP FUND – 7.15%; SBI EQUITY SAVINGS FUND -  5.20%; SBI RESURGENT INDIA OPPORTUNITIES SCHEME – 1.95%;  RELIANCE CAPITAL TRUSTEE CO LTD- A/C RELAINCE CAPITAL BUILDER FUND – SR C – 3.09%; RELIANCE CAPITAL TRUSTEE CO LTD- A/C RELAINCE CAPITAL BUILDER FUND – SR D – 1.30%; RELIANCE CAPITAL TRUSTEE CO LTD- A/C RELAINCE CAPITAL BUILDER FUND – 4 – SR B – 2.76%; UTI – TRANSPORTATION AND LOGISTICS FUND – 7.15%;  SUNDARAM MUTUAL FUND A/C SUNDARAM SMILE FUND – 7.15%; L AND T MUTUAL FUND TRUSTEE LIMITED – L AND T MID CAP FUND – 1.95%; L&T MUTUAL FUND TRUSTEE LIMITED – L&T EMERGING OPPORTUNITIES FUND – SERIES 1 – 5.20%;  IDFC TAX ADVANTAGE (ELSS) FUND – 5.20%; IDFC MUTUAL FUND A/C IDFC DYNAMIC EQUITY FUND – 1.95%; THELEME MASTER FUND LIMITED – 5.22%; VOLRADO VENTURE PARTNERS FUND II – 7.15%; and  AURIGIN MASTER FUND LIMITED – 4.72%. Read more

Godrej Fund Management enters the commercial real estate private equity space

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

Godrej Fund Management (“GFM”), the real estate private equity arm of the Godrej Group, announces a first close of its US $450 million office development fund and a first close of its US $150 million office investment fund. Jointly the funds can invest/develop office assets worth over US $1 billion in value.

With this development, the assets under management for GFM, which is also managing two existing residential investment funds, has crossed the US $1 billion mark within one year of it being spun out as a separate business.  The two new funds that have been raised are: Godrej Build to Core – I (“GBTC-I”), a US $450 million ‘club style’ office investment platform that will invest in developing world class, Grade-A office buildings in leading locations across the key office markets of India. APG Asset Management N.V. (“APG”), which has invested in previous funds managed by GFM, will be the cornerstone investor for GBTC-I. The other newly raised fund is Godrej Office Fund- I (GOF-I), a US $150 million discretionary blind pool fund that will invest in core and core-plus office and commercial properties across India. Read more

Sandhar Technologies Limited: Initial Public Offer of equity shares of face value Rs. 10 each (the “Equity Shares”) to open on March 19, 2018 and to close on March 21, 2018

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By  Vivek K.  Mobile: 09920183006 Email:indianshowbusiness@gmail.com

(L-R): Mr. Ravi Sardana, ICICI Securities Ltd, Mr. Jayant Davar (Co-Chairman and Managing Director) Sandhar Technologies Ltd, Mr. Arvind Joshi, (Whole Time Director & Chief Financial Officer) Sandhar Technologies Ltd, Mr. Yogesh Kapur, Axis Capital Ltd, and Ms. Charu Khatri (Resource Mobilisation & Legal) Sandhar Technologies Ltd at Sandhar Technologies Limited IPO Press conference held in Mumbai today.

Sandhar Technologies Limited (the “Company” or the “Issuer”) proposes to open on Monday, March 19, 2018, an initial public offering of Equity Shares of face value of Rs. 10 each comprising a fresh issue aggregating up to Rs. 3,000 million (“Fresh Issue”) and an offer for sale of up to 6,400,000 equity shares by GTI Capital Beta Pvt. Ltd. (“Offer for Sale” and together with the Fresh Issue, the “Offer”). The Price Band has been fixed from Rs. 327 to Rs. 332 per Equity Share. Read more

Bharat Dynamics Limited: Initial Public Offer of equity shares of face value Rs. 10 each (the “Equity Shares”) to open on March 13, 2018 and to close on March 15, 2018

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By Vivek K. Mobile: 09920183006 Email:indianshowbusiness@gmail.com

(L-R)- Mr.S.Piramanayagam, Director(Finance)and Chief Financial Officer, Bharat Dynamics Ltd, Mr. V.Udaya Bhaskar,Chairman and Managing Director, Bharat Dynamics Ltd and Mr. Nalin Kumar, IDBI Capital Markets & Securities Ltd at the Bharat Dynamics Limited IPO conference held in Mumbai.

Bharat Dynamics Limited (the “Company” or the “Issuer”) proposes to open on Tuesday, March 13, 2018, an initial public offering of 22,451,953 Equity Shares through an offer for sale by the Promoter, The President of India, acting through the Ministry of Defence, Government of India (the “Selling Shareholder”) (the “Offer”). The Company has reserved a portion of 458,203 Equity Shares for allocation and allotment to eligible employees (“Employee Reservation Portion”). Read more

VASA Retail and Overseas Ltd Shares List at 20% premium, despite turmoil in the equity markets

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By K Ashwin Mobile: 09920183006 Email:indianshowbusiness@gmail.com

The Equity Shares of VASA Retail and Overseas Ltd, engaged in the retail business, manufacturing, trading a wide range of stationeries and raw materials, surged 20 percent to Rs 36, post the listing on NSE Emerge platform.

Photograph-Gaurav Jain, Director, Hem Securities, Rahil Vasa, Vinod Ambani, President, Reliance Industries Ltd and Hardik Vasa, CMD, Vasa Retail​​, Ringing the Gong Read more

Galaxy Surfactants Limited: Initial Public Offer opens on Monday, January 29, 2018, Price Band: ₹ 1,470 to ₹ 1,480 per Equity Share

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By  Vivek K Mobile: 09920183006  Email:indianshowbusiness@gmail.com

Galaxy Surfactants Limited (the “Company”) proposes to open on Monday, January 29, 2018, an initial public offering of up to 6,331,674 Equity Shares of face value of ₹ 10 each (“Equity Shares”) for cash (the “Offer”). The Offer consists of an Offer for Sale of up to 39,250 Equity Shares by the Promoter Selling Shareholder; up to 2,107,804 Equity Shares by the Promoter Group Selling Shareholders and up to 4,184,620 Equity Shares by the Other Selling Shareholders. Read more