Tag Archive for offer

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

YuppTV partners with ALTBalaji to offer its users with Balaji Telefilms’ exclusive content

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By  Ashok Punatar Mobile: 09820746494 Email: ashokpunatar@gmail.com

YuppTV, the global OTT leader for South Asian content has partnered with ALTBalaji, the fully owned subsidiary and VOD platform by Balaji Telefilms Ltd. The association will allow users across the globe to enjoy easy access to ALTBalaji’ s premium content on YuppTV platform.

The association marks YuppTV’s commitment towards providing its global user-base with the best of South-Asian entertainment solutions. ALTBalaji, within a year, has rolled out 20 original shows in various Indian languages across genres such as romance, mystery, drama, & comedy, and is available in over 90 countries. In addition to this, ALTBalaji also offers entertaining original shows for children, and has launched short, snacky regional stand-up comedy videos in Hindi, Marathi, Punjabi, Gujarati, Tamil, and Telugu. Shows like The Test Case, Ragini MMS Returns, Haq Se, Bose: Dead/Alive, Dev DD, Karrle Tu Bhi Mohabbat, and Kehne Ko Humsafar Hain have seen million plus views.

 

Speaking on the association, Mr Uday Reddy, Founder & CEO of YuppTV, said, “We are glad to partner with ALTBalaji to offer their exclusive premium content to YuppTV users. At YuppTV, it has been our constant endeavour to provide our users with the most entertaining and high-quality content. We are hopeful that our global audience will appreciate the latest addition of ALTBalaji’s content in our bouquet of entertainment services.” Read more

SUNDAY MATTRESS PRESENTS A PIONEERING 100 NIGHT TRIAL PERIOD OFFER

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

Sunday Mattress, India’s first sleep-focused start up that is passionate about building mattresses and other accessories that guarantee outrageously good sleep, announces its range of mattresses with a pioneering 100 night trail period, to ensure complete customer satisfaction. Designed by acclaimed Japanese designer, Hiroko Shiratori alongside an Indian team, Sunday mattress are a blend of simplicity and elegance. The products are created to meet specific sleep requirements while suiting Indian climate conditions. The range comprises of three variants: The Sunday Latex Plus 3, Sunday Ortho Plus 3 and Sunday Memory Plus mattress.

All key raw materials used in the manufacture of the mattresses are certified by European agencies (LGA Germany, Euro Latex, Oeko Tek 100) to make sure that the products are not only comfortable but meet international health and safety standards.  Sunday mattresses retail exclusively online and delivers to 17000 pin-codes across the country. They are available at https://www.sundayrest.com/

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Sunday Latex Plus 3 Mattress- INR- 24,999

Latex plus 3 mattresses are made completely from latex foam and is ideal for people of all age groups. It is 8 inches thick with a plush feel, while providing the necessary firmness.  The LGA certified latex foam is guaranteed to provide cool comfort during the summer. The mattress comes with a 10-year warranty and is ideal for master bedrooms. Read more

Shriram Transport Finance inks MOU with HPCL to offer credit based fuel services to its customers

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

Shriram Transport Finance Company Limited Ltd (STFC), inks MOU with Hindustan Petroleum Corporation LTD (HPCL) to offer credit based fuel filling services to its customers on digital platform. Read more

Hotstar ties up with Citi to offer Credit Card Customers 100% Cashback

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

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Hotstar, India’s leading premium streaming platform, announced a strategic partnership with Citibank India to offer consumers exciting cashbacks on subscriptions. This association provides 6 months of Hotstar Premium to all Citibank credit card customers with 100% cashback.

The partnership draws on the natural synergies between both brands – Hotstar will leverage the partnership to delight their high-value customers and provide the world’s most exciting video content to Citibank credit card customers. Citibank credit card customers get access to the extensive video library of Hotstar Premium and an exclusive cashback for 6 months. 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

ICICI Securities Limited: Initial Public Offer to open on March 22, 2018 and to close on March 26, 2018

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

(L-R): Ms. Kaku Nakhate (DSP Merrill Lynch Limited), Mr. Ajay Saraf (Executive Director, ICICI Securities Limited), Ms. Chanda Kochhar (Chairperson, ICICI Securities Limited), Ms. Shilpa Kumar (Managing Director & Chief Executive Officer, ICICI Securities Limited), Mr. Harvinder Jaspal (Chief Financial Officer, ICICI Securities Limited) and Mr. Ravi Kapoor (Citigroup Global Markets India Private Limited) at ICICI Securities Limited IPO Press Conference held in Mumbai today

ICICI Securities Limited (the “Company” or the “Issuer”) proposes to open on Thursday, March 22, 2018, an initial public offering of 77,249,508 Equity Shares of face value of Rs. 5 each for cash at a Price including a Share Premium (the “Offer”) through an Offer for Sale of up to 77,249,508 Equity Shares by ICICI Bank Limited (the “Promoter Selling Shareholder”), including a reservation of up to 3,862,475 Equity Shares for purchase by the ICICI Bank Shareholders for cash at a Price including a Share Premium (“ICICI Bank Shareholders’ Reservation Portion”). The Offer would constitute 23.98% of the Post-Offer Paid-Up Equity Share Capital and the Net Offer (the Offer excluding “ICICI Bank Shareholders’ Reservation Portion”) shall constitute 22.78% of the Post-Offer paid-up Equity Share Capital. 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