Tag Archive for limited

FREDERIQUE CONSTANT CELEBRATES ITS 30 YEARS ANNIVERSARY, BY LAUNCHING A LIMITED EDITION PERPETUAL CALENDAR TOURBILLON MANUFACTURE

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

Frederique_Constant_FC-975MC4H6

Frederique Constant strikes again and is proud to present its novelty: a Perpetual Calendar Tourbillon Manufactureedited in a limited series of 30 pieces which embodies the brand’s visionary spirit, determination and passion for watchmaking know how. For the past 30 years, Frederique Constant has been offering high quality manufactured Swiss watches in the “Accessible Luxury” segment, fully developed in-house in its manufacture workshops in Plan-les-Ouates, Switzerland.

In 2004, Frederique Constant introduced – after three years of research and development – the first in-house patented manufacture movement: the award-winning Heart Beat Manufacture Caliber. Four years later, the brand unveiled its first in-house manufacture Tourbillon based on the Heart Beat Manufacture. In 2016, Frederique Constant created another grand complication: the manufacture Perpetual Calendar. In honor of the brand’s 30 years anniversary, the Perpetual Calendar Tourbillon Manufacture represents the outcome of all the knowhow the Brand gathered during the development of its in-house manufacture movements resulting in this grand complication. Read more

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

Shri Bajrang Power and Ispat Limited files for IPO

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

Shri Bajrang Power and Ispat Limited, the flagship company of the Goel Group of companies, is an integrated manufacturer of long steel products in India filed its DRHP with SEBI (http://www.equirus.com/pdf/Shri%20Bajrang%20Power%20and%20Ispat%20Ltd_DRHP.pdf)

 

The Initial Public Offer (IPO) comprises of equity shares of face value of Rs. 10 each (“Equity Shares”) of Shri Bajrang Power and Ispat Limited (“Company” or the “Issuer”) aggregating up to Rs. 500 crore.

 

The proceeds from the net public issue will be utilized towards: (a) Repayment/pre-payment, in full or part, of certain borrowings availed by the Company (Rs. 375 crore); and (b) for General corporate purposes.

In addition to its existing facilities the Company plans to increase production capacities. The facilities above are expected to be fully commissioned during Financial Year 2020. On completion of the above expansion plans, the Company’s aggregate installed capacity is expected to increase from 360,000 TPA to 510,000 TPA, for sponge iron production; and from 235,200 MTPA to 264,000 MTPA, for Billets and Blooms.

 

The Company is setting up of an additional sponge iron plant, of 150,000 TPA, at the Unit III Tilda facility. This would significantly enhance sponge iron output and doubling it from 150,000 TPA to 300,000 TPA.

The Company is setting up a replacement facility at Unit III, comprising of: (a) steam turbines capable of generating 30 MW per day, (b) waste heat recovery boilers with an aggregate capacity of 62 TPH; and, (c) machinery for facilitating the transfer of surplus power from Unit III to Unit I, (namely an external combustor, 132 Kva power transmission lines, and, a sub-station with 20/25 Mva generator transformer). 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

Shri Bajrang Power and Ispat Limited files DRHP with market regulator SEBI

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

Shri Bajrang Power and Ispat Limited, the flagship company of the Goel Group of companies, is an integrated manufacturer of long steel products in India filed its DRHP with SEBI.

The Initial Public Offer (IPO) comprises of equity shares of face value of Rs. 10 each (“Equity Shares”) of Shri Bajrang Power and Ispat Limited (“Company” or the “Issuer”) aggregating up to Rs. 5,000 million.

The proceeds from the net issue will be utilized towards: (a) Repayment/pre-payment, in full or part, of certain borrowings availed by the Company (Rs. 3750 million); and (b) for General corporate purposes.

IDBI Capital Markets & Securities Limited, Equirus Capital Private Limited and SBI Capital Markets Limited are the book running lead managers to the issue.

The equity shares will be listed on BSE and NSE. Read more

Aadhar Housing Finance Limited NCD Issue to open on September 14, 2018

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

(L-R): Mr. Sushil Budhia (Yes Bank Limited); Mr. Denzil Fernandes (Edelweiss Financial Services Limited); Mr. Rishi Anand (Chief Business Officer, Aadhar Housing Financial Limited); Mr. Deo Shankar Tripathi (Managing Director and Chief Executive Officer, Aadhar Housing Financial Limited); Mr. Anmol Gupta, Chief Financial Officer, Aadhar Housing Financial Limited); Ms. Hani Jalan (Trust Investment Advisors Pvt. Limited); Mr. Ahmed Masalawala (Axis Bank Limited) at the announcement of the Aadhar Housing Finance Limited public issue of Secured Redeemable Non-Convertible Debentures (NCDs).

Aadhar Housing Finance Limited (the “Company”), a deposit taking housing finance company registered with the NHB and focused on providing affordable housing financing products for the EWS and LIG segment in India, in tier 2 to tier 4 cities and towns, proposes to open public issue of Secured Redeemable Non-Convertible Debentures (“NCDs”) of face value of Rs. 1,000 on September 14, 2018, 1,40,00,000 for an amount of Rs. 50,000 lakhs (“Base Issue Size”) with an option to retain oversubscription up to Rs. 90,000 lakhs aggregating up to Rs. 1,40,000 lakhs (“Tranche 1 Issue Limit”) (“Tranche 1 Issue”). 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

ISUZU launches limited period scheme ‘D-Serve’ for D-MAX Regular Cab model in India

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

Isuzu Motors India rolled out ‘D-Serve’ – a ‘3 years Free Periodic Maintenance’ scheme for its D-MAX Regular Cab model in India. Available at no additional cost, the ‘D-Serve’ scheme will be an unbeatable value proposition offered to the customers who purchase the vehicle during the period September – October 2018.

The ‘D-Serve’ scheme comes with the following benefits –

Free Periodic Maintenance for 3 years / 100,000 kms (whichever is earlier) – includes PMS parts, lubricants, related labour costs and certain wear & tear items. This excludes accidental damage related repairs. (Terms & Conditions apply)
*The scheme is valid till 31st October 2018. Applicable Terms & Conditions can be checked at the dealerships of ISUZU across the country. Read more

Tata Capital Financial Services Limited NCD Issue to open on September 10, 2018

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

Mr. Rajiv Sabharwal , Director, Tata Capital Financial Services Ltd. at the announcement of the Tata Capital Financial Services Ltd. Public Issue of NCDs.

Tata Capital Financial Services Limited (the “Company” or the “Issuer”), a Systemically Important Non – Deposit taking Non – Banking Financial Company focused on providing a broad suite of financing products customized to cater to the needs of various segments, proposes to open on September 10, 2018, a public issue of Secured, Redeemable, Non-Convertible Debentures of face value of Rs. 1,000 each (“Secured NCDs”) up to Rs. 6,00,000 lakh and Unsecured, Subordinated, Redeemable, Non-Convertible Debentures of face value of Rs. 1,000 each (“Unsecured NCDs”) up to Rs. 1,50,000 Lakh aggregating up to Rs. 7,50,000 Lakh (“Tranche I Issue”). The base issue size of Tranche I issue is Rs. 200,000 lakh with an option to retain oversubscription up to Rs. 750,000 lakh (“Shelf Limit”). Read more

Goldstone Infratech Limited changes its name to Olectra Greentech Limited

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

Goldstone Infratech Limited (a public listed company) has announced that it has changed its name to Olectra Greentech Limited.

 

The new brand name – Olectra Greentech Limited – reflects company’s growing focus on the environment friendly products after its entry into the Electric Vehicle segment in 2016 under a tie up with BYD Auto Industry Co. Ltd. – world’s largest electric vehicle company. Since then the company has achieved many milestones including commercially operating country’s 1st Electric bus for passengers. The company’s Electric buses are currently plying commercially in Himanchal Pradesh and Mumbai under the respective Transport Undertakings. Read more