Tag Archive for limited

Neogen Chemicals Limited files DRHP with SEBI for IPO

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

Neogen Chemicals Limited (NCL), one of India’s leading manufacturers of bromine-based, and lithium-based, specialty chemicals. Specialty chemicals are those chemicals that impart different properties to a variety of products (i.e. the effect that specialty chemicals have varies based on the product), filed its DRHP with SEBI.

NCL is engaged in the manufacturing of specialty organic bromine-based chemical compounds (Bromine Compounds) and other specialty organic chemical compounds as well as specialty inorganic lithium-based chemicals compounds (Lithium Compounds and together with the Bromine Compounds the Products). NCL commenced business operations in 1991, at Mahape, Navi Mumbai manufacturing with a few Bromine Compounds and Lithium Compounds. Over the years they expanded their range of products and, presently, manufacture an extensive range of specialty chemicals which find application across various industries in India and globally. As on September 30, 2018, NCL have manufactured an aggregate of 187 products comprising 170 organic chemicals and 17 inorganic chemicals.

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Polycab India Limited files DRHP with SEBI for an IPO

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

Polycab India Limited (PIL), who are engaged in the business of manufacturing and selling wires and cables and fast moving electrical goods (“FMEG”) under the “POLYCAB” brand, filed its DRHP with SEBI for an initial public offering (IPO).

 

According to CRISIL Research, PIL is the largest manufacturer in the wires and cables industry in India, in terms of revenue from the wires and cables segment and provide one of the most extensive range of wires and cables in India. For Fiscal 2018, PIL have a market share of approximately 18% of the organized wires and cables industry and approximately 12% of the total wires and cables industry in India, estimated at Rs. 525 billion based on manufacturers realization

(Source: CRISIL Research). Apart from wires and cables, PIL also manufactures and sells FMEG such as electric fans, LED lighting and luminaires, switches and switchgears, solar products and conduits and accessories.

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Manappuram Finance Limited NCD Tranche 1 Issue to open on October 24, 2018

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

(L-R): Mr. Harit Oberoi, (A. K. Capital Services Limited) with the management of Manappuram Finance Limited - Mr. B.N. Raveendra Babu (Executive Director), Mr. V.P. Nandakumar (MD & CEO), Ms. Bindhu A.L. (EVP – Finance & Accounts) and Mr. Denzil Fernandes (Edelweiss Financial Services Limited) at the announcement of the Manappuram Finance Limited public issue of Secured Redeemable Non-Convertible Debentures (NCDs).

Manappuram Finance Limited (the “Company”) is one of the major NBFC players in the gold finance business in India. (Source: CRISIL Report) They provide loans against the pledge of household and/or used gold jewellery and provide short-term personal and business gold loans (“Gold Loans”) primarily to retail customers.

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Emami Cement Limited files DRHP with SEBI Cement sector IPO after almost a decade

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

Emami Cement Limited (ECL), named among the leading cement manufacturing companies in Eastern India, filed its DRHP with SEBI on October 12, 2018.

ECL established an installed manufacturing capacity of 5.60 million metric tonne per annum (“MMTPA”) in their first two years of commercial operations, making them one of the fastest growing cement companies to achieve such feat amongst cement manufacturers operating in Eastern India. For the three months ended June 30, 2018, ECL had a market share of 5% in terms of cement sales volume, while installed cement manufacturing capacity represented 6% of the total installed capacity in Eastern India (including North East) in Fiscal 2018. (Source: CRISIL Report). ECL currently operates three manufacturing plants and are in the process of setting up another plant, which subject to receipt of necessary approvals is expected to result in an aggregate installed capacity of 9.30 MMTPA of cement and 3.20 MMTPA of clinker by April 2019. Read more

The listing ceremony of Garden Reach Shipbuilders & Engineers Limited held on October 10, 2018 at NSE

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

(L-R): Mr. Subhodh Gandhi (IDBI Capital Markets & Securities Limited), Mr. Sandeep Mahapatra (Company Secretary, Garden Reach Shipbuilders & Engineers Limited), Mr. Vikram Limaye (CEO and MD, NSE), Mr. RAdm Vipin Kumar Saxena, IN (Retired) (Chairman & Managing Director, Garden Reach Shipbuilders & Engineers Limited), Mr. Sarvjit Singh Dogra (Director (Finance) & CFO, Garden Reach Shipbuilders & Engineers Limited) and Ms. Amishi Kapadia (YES Securities India Limited) present for the bell ringing ceremony at the listing of Garden Reach Shipbuilders & Engineers Limited held today at NSE.

Mr. Vikram Limaye (CEO and MD, NSE) and Mr. RAdm Vipin Kumar Saxena, IN (Retired) (Chairman & Managing Director, Garden Reach Shipbuilders & Engineers Limited) while exchanging the special memento at the listing ceremony of Garden Reach Shipbuilders & Engineers Limited held at NSE.


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The listing ceremony of Aavas Financiers Limited was held on October 08, 2018 at NSE

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

The management of Aavas Financiers Limited Mr. Sushil Kumar Agarwal (Whole-Time Director and CEO), Mr. Ghanshyam Rawat (CFO), Mr. KK Rathi (Chairman), Mr. Vikram Limaye (CEO and MD) NSE, along with bankers and family members present for the bell ringing ceremony at the listing of Aavas Financiers Limited held today at NSE.

Mr. Sushil Kumar Agarwal (Whole-Time Director and CEO), Mr. KK Rathi (Chairman) and Mr Ghanshyam Rawat (CFO) of Aavas Financiers Limited presenting a memento to Mr Sanjay Agarwal, MD and CEO, AU Small Finance Bank at the listing ceremony of Aavas Financiers Limited held today at NSE.

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Stove Kraft Limited files Offer Document for IPO

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

Stove Kraft Limited, a kitchen solutions and an emerging home solutions brand (Pigeon, Gilma, Black + Decker), has filed Offer Document for an Initial Public Offer Of Up To [●] Equity Shares Of Face Value Of ₹10 Each (“Equity Shares”) Of Stove Kraft Limited (“Company” Or “Issuer”) For Cash At A Price Of ₹[●] Per Equity Share (Including A Share Premium Of ₹[●] Per Equity Share) (“Offer”) Comprising Of A Fresh Issue Of [●] Equity Shares Aggregating Up To Rs. 1,450.00 Million ( “Fresh Issue”) And An Offer For Sale Of Up To 7,163,721 Equity Shares Comprising Of Up To 640,906 Equity Shares By Promoter, Rajendra Gandhi, Up To 250,000 Equity Shares By Promoter, Sunita Rajendra Gandhi (“Promoter Selling Shareholders”), Up To 1,311,205 Equity Shares By Sequoia Capital India Growth Investment Holdings I (“SCI-GIH”) And Up To 4,961,610 Equity Shares By SCI Growth Investments Ii (“SCI”, Together With SCI-GIH, “Investor Selling Shareholders”) (The Investor Selling Shareholders Together With The Promoter Selling Shareholders, The “Selling Shareholders”), And Such Offered Shares, The “Offered Shares”) (“Offer For Sale”).

The Equity Shares offered through the Red Herring Prospectus are proposed to be listed on Stock Exchanges. Read more

Chartered Speed Limited files DRHP with SEBI

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

Chartered Speed Limited (CSL), engaged in the business of providing passenger mobility solutions across various modes of surface transport in India with an operational fleet of over 750 passenger vehicles and over 430 Smart Bikes, filed its DRHP with SEBI.

CSL is one of the leading fleet bus operators in India for inter-city and intra-city passenger mobility operations (Source: CRISIL Report). They provide inter-city passenger mobility solutions through bus operations largely focused in Central and Western India with an expanding footprint in Northeastern India.

The IPO Initial Public Offering (IPO) comprises equity shares of face value Rs. 10 each (“Equity Shares”) of Chartered Speed Limited aggregating up to Rs. 2,730.00 million (“Offer”). The offer comprises a fresh issue aggregating up to Rs. 2,250.00 million (“Fresh Issue”) and an offer for sale of up to aggregating up to Rs. 480.00 million. The selling shareholders being the promoters, for amount aggregating up to Rs. 240.00 million by Pankaj Kumar Gandhi and amount aggregating up to Rs. 240.00 million by Alka Pankaj Gandhi (“Offer For Sale”). Read more

Listing ceremony of IRCON International Limited held on September 28, 2018 at BSE

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

The management of IRCON International Limited Shri Sunil Kumar Chaudhary (Chairman & Managing Director), Shri Deepak Sablok (Director Projects), Shri M.K. Singh (Director Finance & CFO), Mr. Ashish Kumar Chauhan (MD & CEO, BSE Ltd.), and with other dignitaries at the gong on the occasion of the listing ceremony of IRCON International Limited held at BSE.

(L-R): Shri Deepak Sablok (Director Projects, IRCON International Ltd.), Mr. Ashish Kumar Chauhan (MD & CEO, BSE Ltd.), Shri Sunil Kumar Chaudhary (Chairman & Managing Director, IRCON International Ltd. ), Shri M.K. Singh (Director Finance & CFO, IRCON International Ltd.) while exchanging the special memento at the listing ceremony of IRCON International Limited held at BSE.


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Aavas Financiers Limited successfully completes IPO

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

Aavas successfully completes IPO despite challenging market conditions

Aavas Financiers’ initial public offering closed successfully on Thursday September 27th amid challenging stock market conditions for the entire BFSI sector.

The issue garnered robust demand from institutional investors, who were attracted by the strong management team and differentiated business model leading to best-in-class operational metrics. Aavas is focused only on granular, retail home loans, and has a positive asset-liability match with no exposure to commercial paper. Read more