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Aavas Financiers Limited: Initial Public Offer to open on September 25, 2018* and to close on September 27, 2018

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

(L-R): Mr. Jibi Jacob (Edelweiss Financial Services Limited); Mr. Ajay Saraf (ICICI Securities Limited); Mr. Manas Tandon (Partners Group); Mr. Nishant Sharma (Kedaara Capital); Mr. Sushil Kumar Agarwal (Whole-Time Director and CEO, Aavas Financiers Limited); Mr. Ghanshyam Rawat (Chief Financial Officer, Aavas Financiers Limited); Mr. Ravi Kapoor (Citigroup Global Markets India Private Limited); Mr. Unmesh Sharma (HDFC Bank Limited) and Mr. Abhijit Chiripal (Spark Capital Advisors (India) Private Limited) at the announcement of Aavas Financiers Limited IPO.

Aavas Financiers Limited (the “Company”), proposes to open on September 25, 2018*, an initial public offering of equity shares of Face Value of Rs. 10 each (“Equity Shares”) for cash at a Price per Equity Share (including a Share Premium) (“Offer”) comprising a fresh issue of up to [●] Equity Shares aggregating up to Rs. 4,000 million (“Fresh Issue”) and an offer for sale of up to 16,249,359 Equity Shares including an Offer For Sale of up to 8,815,439 Equity Shares by Lake District Holdings Limited (“Lake District”), up to 4,281,907 Equity Shares by Partners Group ESCL Limited (“ESCL” and together with Lake District, “Promoter Selling Shareholders”), up to 236,339 Equity Shares by Kedaara Capital Alternative Investment Fund – Kedaara Capital AIF 1 (“Kedaara AIF-1” or “Investor Selling Shareholder”), and up to 1,879,110 Equity Shares by Partners Group Private Equity Master Fund LLC (“Master Fund” Or “Promoter Group Selling Shareholder”) and up to 911,564 Equity Shares by Sushil Kumar Agarwal and up to 125,000 Equity Shares by Vivek Vig (Together, The “Other Selling Shareholders” and together with the Promoter Selling Shareholders, Investor Selling Shareholder and Promoter Group Selling Shareholder, the “Selling Shareholders” and such Offer For Sale, the “Offer For Sale”) . Read more

Garden Reach Shipbuilders & Engineers Limited: Initial Public Offer to open on September 24, 2018 and to close on September 26, 2018

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

Shri RADM Vipin Kumar Saxena, IN (Retired) (Chairman & Managing Director, Garden Reach Shipbuilders & Engineers Limited) while addressing the media during the Garden Reach Shipbuilders & Engineers Limited IPO press conference held today in Mumbai.

Garden Reach Shipbuilders & Engineers Limited (the “Company”), proposes to open on September 24, 2018, an initial public offering of equity shares of Face Value of Rs. 10 each (“Equity Shares”) for cash at a Price per Equity Share (including a Share Premium) (“Offer”) comprising a offer for sale 29,210,760 Equity Shares by the Promoter, The President of India, acting through the Ministry of Defence, Government of India (“The Selling Shareholder”).

The offer includes a reservation of up to 572,760 equity shares for subscription by eligible employees (as defined herein) (“Employee Reservation Portion”). The offer less employee reservation portion is referred to as the net offer. The offer and the net offer will constitute 25.50% and 25.00% respectively, of the post offer paid-up equity share capital of the company. The Bid/Offer Period will close on September 26, 2018. Read more

IRCON International Limited: Initial Public Offer to open on September 17, 2018 and to close on September 19, 2018

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

(L-R) – Ms Umashanmukhi Sistla (President & COO, SBI Capital Markets Limited), Mr Salil Pitale (Managing Director, Axis Capital Limited), Shri M.K. Singh (Director Finance & CFO, IRCON International Limited), Shri Sunil Kumar Chaudhary (Chairman & Managing Director, IRCON International Limited), Shri Rajiv Gupta (Director PSU, Ministry of Railway) and Shri Nalin Kumar (EVP & Head IB, IDBI Capital Markets & Securities Limited) at IRCON International Limited IPO press conference held today in Mumbai.

IRCON International Limited (the “Company”) proposes to open on September 17, 2018, an initial public offering of equity shares of Face Value of Rs. 10 each (“Equity Shares”) for cash at a Price per Equity Share (including a Share Premium) (“Offer”) comprising an offer for sale of 9,905,157 Equity Shares by its Promoter, The President of India, acting through the Ministry of Railways, Government of India (“The Selling Shareholder”).

The offer includes a reservation of up to 500,000 equity shares for subscription by eligible employees (as defined in Red Herring Prospectus) (“Employee Reservation Portion”). The offer-less employee reservation portion is referred to as the net offer. The offer and the net offer will constitute 10.53% and 10.00% of the post offer paid-up equity share capital of the company respectively. The Bid/Offer Period closes on September 19, 2018. Read more

CreditAccess Grameen Limited: Initial Public Offer to open on August 8, 2018 and to close on August 10, 2018

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

Udaya Kumar Hebbar, Managing Director and Chief Executive Offier, CreditAccess Grameen Limited at the announcement of the upcoming IPO of CreditAccess Grameen Limited

CreditAccess Grameen Limited (the “Company”), proposes to open on August 8, 2018, an initial public offering of equity shares of Face Value of Rs. 10 each (“Equity Shares”) for cash at a Price per Equity Share (including a Share Premium) (“Offer”) comprising a fresh issue of up to [●] Equity Shares aggregating up to Rs. 6,300 million (“Fresh Issue”) and an offer for sale of up to 11,876,485 Equity Shares by the Promoter, CreditAccess Asia N.V. (“Promoter Selling Shareholder” and such offered shares, the “Offered Shares”) (“Offer For Sale”).

The Bid/Offer Period closes on August 10, 2018. The Company and the Promoter Selling Shareholder in consultation with the BRLMs, may consider participation by Anchor Investors in accordance with the ICDR Regulations. The Anchor Investor Bidding Date shall be one Working Day prior to the Offer Opening Date.

The Price Band for the Offer is from Rs. 418 to Rs. 422 per Equity Share. Bids can be made for a minimum lot of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.**

The Equity Shares are proposed to be listed on BSE and NSE.

The Book Running Lead Managers (“BRLMs”) to the Offer are ICICI Securities Limited, Credit Suisse Securities (India) Private Limited, IIFL Holdings Limited and Kotak Mahindra Capital Company Limited. Read more

HDFC Asset Management Company Limited: Initial Public Offer to open on July 25, 2018 and to close on July 27, 2018

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

(L-R) Piyush Surana, Chief Financial Officer, HDFC Asset Management Company Limited; Prashant Jain, Executive Director & Chief Investment Officer, HDFC Asset Management Company Limited; Milind Barve, Managing Director, HDFC Asset Management Company Limited; Deepak Parekh, Chairman, HDFC Asset Management Company Limited; Keki Mistry, Director, HDFC Asset Management Company Limited; Uday Kotak, Kotak Mahindra; Kaku Nakhate, Bank Of America Merrill Lynch at the announcement of the HDFC AMC IPO

HDFC Asset Management Company Limited (the “Company” or “Issuer”), proposes to open an initial public offering of up to 25,457,555 equity shares of face value of Rs. 5 Each (“Equity Shares”) for cash through an offer for sale of up to 8,592,970 Equity Shares by Housing Development Finance Corporation Limited and up to 16,864,585 Equity Shares by Standard Life Investments Limited (together, “Promoter Selling Shareholders” and such offering, the “Offer”). The Offer comprises a Net Offer to the Public of up to 22,177,555 Equity Shares (“Net Offer”), a reservation of up to 320,000 Equity Shares (constituting up to 0.15% of the post-Offer paid up Equity Share Capital) for purchase by the Eligible HDFC AMC Employees (as defined In “Definitions and Abbreviations”) (“HDFC AMC Employee Reservation Portion”), a reservation of up to 560,000 Equity Shares (constituting up to 0.26% of the post-Offer paid up Equity Share Capital) for purchase by the Eligible HDFC Employees (as defined in “Definitions and Abbreviations”) (“HDFC Employee Reservation Portion”) and a reservation of up to 2,400,000 Equity Shares (constituting up to 1.13% of the post-Offer Paid Up Equity Share Capital) for purchase by Eligible HDFC Shareholders (As defined In “Definitions and Abbreviations”) (“HDFC Shareholders Reservation Portion”). The Offer and the Net Offer shall constitute 12.01% and 10.46% of the Post-Offer Paid-Up Equity Share Capital of the Company, respectively. Read more

TCNS Clothing Co Limited: Initial Public Offer to open on July 18, 2018 and close on July 20, 2018

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

(L-R): Mr. V Jayasankar (Kotak Mahindra Capital Company Limited), Mr. Anant Daga (Managing Director, TCNS Clothing Co. Limited), Mr. Venkatesh Tarakkad (Chief Financial Officer, TCNS Clothing Co. Limited) and Mr. Ravi Kapoor (Citigroup) at TCNS Clothing Co Limited IPO Press Conference held today in Mumbai.

TCNS Clothing Co. Limited (the “Company”), proposes to open its initial public offering of 15,714,038 Equity Shares on July 18, 2018 (the “Offer”). The Offer comprises an offer for sale by Onkar Singh Pasricha, Arvinder Singh Pasricha (together, the “Promoter Selling Shareholders”), Anant Kumar Daga, Saranpreet Pasricha, Angad Pasricha, Vijay Kumar Misra and Amit Chand (collectively, the “Other Selling Shareholders”) and Wagner Limited (“Wagner” or “Investor Selling Shareholder”). The offer shall constitute up to 25.63% of the post-offer paid-up equity share capital of our Company. Read more

Varroc Engineering Limited: Initial Public Offer to open on June 26, 2018 and to close on June 28, 2018

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

Mr. Mickey Doshi (Credit Suisse Securities (India) Private Limited), Mr. Arjun Jain (President, Electrical BU, Varroc Engineering Limited), Mr. T R Srinivasan (Group CFO, Varroc Engineering Limited), Mr. Tarang Jain (Managing Director, Varroc Engineering Limited), Mr. Ashwani Maheshwari (CEO, India Business, Varroc Engineering Limited), Mr. Ravi Kapoor (Citigroup Global Markets India Private Limited) and Mr. Subhrajit Roy (Kotak Mahindra Capital Company Limited) at Varroc Engineering Limited IPO Press Conference held today in Mumbai.

Varroc Engineering Limited (the “Company”), proposes to open the Offer on June 26, 2018, an initial public offering of 20,221,730 Equity Shares through an offer for sale by the promoter and investor selling shareholders (as defined below) (the “Offer”). The Offer consists of an offer for sale of (i) up to 1,752,560 Equity Shares by Mr. Tarang Jain (“Promoter Selling Shareholder”), (ii) up to 16,917,130 Equity Shares by Omega TC Holdings Pte. Ltd. (“Investor Selling Shareholder 1”) and (iii) up to 1,552,040 Equity Shares by Tata Capital Financial Services Limited (“Investor Selling Shareholder 2”). The Offer also includes a reservation of 100,000 Equity Shares, for subscription by eligible employees (the “Employee Reservation Portion”) at a discount of Rs. 48 per share on the Offer Price (“Employee Discount”). The Offer less the Employee Reservation Portion is the “Net Offer” and such Net Offer aggregates up to 20,121,730 Equity Shares. The Offer and the Net Offer shall constitute 15% and 14.93%, respectively, of the post-offer paid-up equity share capital of the company. Read more

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

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

Lemon Tree Hotels Limited: Initial Public Offer to open on March 26, 2018 and to close on March 28, 2018

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

Mr. V Jayasankar (Kotak Mahindra Capital Company Ltd), Mr. Vineet Ranjan (Director Strategic Initiatives & Transformation) Lemon Tree Hotels Ltd, Mr. Kapil Sharma (Chief Financial Officer) Lemon Tree Hotels Ltd, Mr. Patanjali Keswani (Chairman & MD) Lemon Tree Hotels Ltd, Mr. Pankaj Agrawal (CSLA India Private Ltd), Mr. Kaustubh Kulkarni (J. P. Morgan) and Mr. Jayesh Shah (Yes Securities (India) Ltd) at Lemon Tree Hotels Limited IPO Press Conference held in Mumbai today.

Lemon Tree Hotels Limited (the “Company”) proposes to open on Monday, March 26, 2018 ,an initial public offering of Equity Shares of upto 185,479,400 equity shares of face value of Rs. 10  of Lemon Tree Hotels Limited for cash at a price of Rs. [●] per equity share aggregating up to Rs. [●] million through an offer for sale of up to 94,500,053 equity shares aggregating to Rs. [●] million by Maplewood Investment Ltd (“Maplewood”), up to 25,320,584 equity shares aggregating to [●] million by RJ Corp Limited, up to 13,999,416 equity shares aggregating to [●] million by Ravi Kant Jaipuria and Sons (HUF), up to 6,986,180 equity shares aggregating to Rs. [●] million by Whispering Resorts Private Limited, up to 883,440 equity shares aggregating to Rs. [●] million Swift Builders Limited, up to 23,649,816 equity shares aggregating to Rs. [●] million by Five Star Hospitality Investment Limited, up to 19,159,911 equity shares aggregating to Rs. [●] million by Palms International Investments Limited, up to  480,000 equity shares aggregating to Rs. [●] million by Mr. Satish Chander Kohli and up to 500,000 equity shares aggregating to Rs. [●] million by Mr. Raj Pal Gandhi. The Offer shall constitute up to 23.59% of the post-Offer paid-up Equity Share capital of the Company. The Company and Maplewood may, in consultation with the Global Co-Ordinators and Book Running Lead Managers and the Book Running Lead Manager, consider participation by Anchor Investors. The Anchor Investors shall Bid during the Anchor Investor Bidding Date, i.e., one Working Day prior to the Bid/Offer Opening Date. Read more