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NHPC defers IPO till stock mkt condition improves (07 October 04:10) |
| This is the second time that NHPC would be forced to defer the IPO |
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Dish TV India plans $240 mn rights issue (06 October 12:33) |
| Indian firms have raised $4.8 billion in rights offers so far in 2008, compared to $3.5 billion in all of 2007 |
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Mahindra Holidays and Resorts is all set to revisit IPO market (05 October 10:16) |
| The company is looking to expand its vacation ownership business to South Africa, West Asia and China |
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The India funding story for January-September (03 October 12:30) |
| Public sector State Bank of India continued to top the table as the mandated arranger of loans |
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Mahindra Holidays refiles IPO draft papers: Report (01 October 09:52) |
| The company, which owns Club Mahindra Holidays’ resorts, plans to sell 9.27 million shares, representing 11% of the post-issue paid up capital |
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India Suzlon to set rights issue terms in 4-5 weeks (29 September 10:55) |
| Suzlon had earlier this month struck a deal for an early acquisition of Martifer’s stake in REpower for nearly $400 million |
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India’s NHPC defers IPO plans banking sources (29 September 09:53) |
| Nearly a dozen Indian companies have pulled or deferred offerings this year as the local stock market fell more than 35%, denting investor demand. |
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Aditya Birla group may pick up half of Hindalco issue (29 September 12:13) |
| Kumaramangalam Birla and his group’s 14 investment companies that own 31.43% in Hindalco, can increase their stake to 37% if they buy the unsold shares |
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Railways plans public offering for finance arm (28 September 10:30) |
| The IPO should help the Indian Railway Finance Corp. consolidate its leasing business and enter new segments |
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Suzlon to raise Rs1,800 crore through rights (25 September 02:47) |
| Earlier last month, shareholders had approved a proposal to raise Rs5,000 crore through FCCBs, and GDRs |
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Tata Motors sets dates for $914 mn rights issue (24 September 03:37) |
| The rights issue to ordinary and A-share stockholders will close on 20 October |
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Bharat Oman Refineries to go ahead with IPO plans (23 September 04:31) |
| The company will launch its IPO once it gets final clearance from SEBI: Ashok Sinha, CMD, BP |
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PNB Housing plans to sell 25-26% stake (23 September 12:31) |
| The sale is a part of pre-IPO placement and the company expects to finalise transaction details by December |
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OIL to raise debt if IPO plans fail (19 September 04:44) |
| OIL Chairman M S Pasrija said the company had got SEBI approval on 11 September for the proposed IPO |
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BSNL to seek employees opinion on IPO (14 September 02:57) |
| Though certain unions are opposing the proposed IPO, most BSNL employees are favorably inclined towards the listing |
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NHPC IPO to hit the stock market around Diwali (12 September 04:01) |
| The company would issue 168 crore shares in the capital market at the rate of Rs10 at face value per equity comprising 10% fresh shares |
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SEBI to review IPO grading concept (02 September 04:38) |
| The grade varies between one and five where five is the best and one is poor in fundamentals |
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IPO market may witness slowdown this year: Assocham (01 September 04:52) |
| Domestic IPO market, which grew consistently at 20% during 2003 to 2007, may expand 8-10% in remaining period of the current fiscal |
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UTI public issue likely to get delayed till next year (31 August 03:07) |
| The fund house intends to tap the capital market only at a time when it feels that market conditions are favourable for an IPO |
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Sequoia Capital raises $725 mn growth fund, will manage total capital of $1.8bn (28 August 12:31) |
| The firm has at least five more exits lined up through public listing of its portfolio companies |
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Indian firms rush to AIM as domestic floats hit shelf (25 August 12:48) |
| As many as 25 Indian companies now trade on AIM with a combined market capitalisation of about Rs30,900 cr |
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Most oversubscribed issues crumble in India’s bear market (19 August 11:59) |
| Some of these new stocks have yielded the worst returns, with many underperforming the BSE Sensex |
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Adhunik Metaliks plans Rs3 bn IPO for mining unit (19 August 11:57) |
| The firm also plans to set up a pellet plant and two ferro-alloy plants with an investment of Rs11 billion |
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Oil India to hit capital market in November (19 August 11:38) |
| Oil India had earlier filed its draft prospectus with market regulator SEBI for an initial public offering of up to 2.64 crore equity shares |
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Resurgere Mines IPO subscribed 1.2 times (14 August 01:06) |
| The 4.45-million-share offer was fully subscribed on its last day, according to NSE data. The shares were offered in a price band of Rs263-272 each |
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Elections, union protests could force BSNL to defer share sale (13 August 12:31) |
| Employees are resisting the move for fear of eventual privatization |
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BSNL hopeful of winning union nod for IPO (12 August 03:27) |
| BSNL is trying to woo employees by offering them shares at nominal value |
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Angel puts AVOID on Resurgere Mines & Minerals IPO (11 August 12:22) |
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India, China IPO activity loses steam in 2008 (10 August 03:16) |
| The total capital gathered by India Inc through IPO in the first half of 2008 stood at $4.07 billion as compared to $7.68 billion in the same period in 2007 |
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BSNL, NHPC plans show tide has turned (09 August 12:00) |
| The plan is to raise more than $10 billion (Rs42,200 crore) in share sales, leading a revival in offerings as stocks rebound from the worst start to the year in three decades |
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BSNL unions reject Esop offer in mega share sale (08 August 12:22) |
| Workers don’t bite ESOP bait, express concern about benefits of IPO, job security |
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Raja talks to BSNL workers on IPO, union unrelenting (07 August 02:01) |
| Workers don’t bite ESOP bait, express concern about benefits of IPO, job security |
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IPO Note: Austral Coke & Projects (07 August 12:30) |
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NHPC revives $600 mn IPO plan (06 August 07:18) |
| The sale of 1.67 billion shares, which includes 1.12 billion in fresh shares, would represent 13.64 % of the post-issue paid up capital |
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IT, SEZ office rentals see correction (05 August 10:33) |
| The office market otherwise is expected to remain firm with rental values rising in the region except for the IT and SEZ segment of Gurgaon and Noida |
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Alternative payment system for IPOs likely by Aug-end (05 August 10:14) |
| Both the current system of payment through cheques and the alternative system would co-exist |
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Reliance Infratel likely to defer IPO plans (03 August 03:00) |
| Sebi nod for issue set to expire soon. If deferred, it will be the third major deferment after MCX and UTI AMC |
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With Left out, 3 hydropower cos set to list (31 July 12:47) |
| The government plans to allow these companies to sell shares amounting to up to 10% of their authorized share capital to the public |
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High networth IPO applicants under lens (25 July 12:20) |
| Abhishek Bachchan is supposed to have applied for shares worth close to Rs1,000 crore |
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TCS shares rise on ‘optimistic’ demand outlook (17 July 11:30) |
| TCS climbed 7.1% to close at Rs779.20 on the Bombay Stock Exchange |
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Gujarat State Petroleum Corp. plans IPO in December (17 July 03:01) |
| The firm will dilute up to 20% equity, plans to invest Rs4,000 crore in developing KG basin |
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KSK Energy lists 2.2% down on BSE (14 July 10:35) |
| The company raised Rs8.31 billion through an initial public offer of 34.611 million shares, and another Rs4.15 billion through a pre-IPO share placement to investors |
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NHPC IPO to be delayed till October (10 July 01:26) |
| The company plans to offer 167 crore shares of a face value of Rs10 each at a premium to be decided through book building process |
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China’s top IELTS school aims for $100 mn IPO (09 July 01:42) |
| Global Education & Technology Group will raise $100 mn through a US listing in mid-2009 |
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Birla Cotsyn lowers IPO price band to boost bids (08 July 01:45) |
| The company has revised the price band range to Rs12-14 a share, from Rs15-18 a share. The issue, which was to close on 4 July, will now close on 9 July |
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UTI may defer share sale on market woes (08 July 01:00) |
| ICICI Securities Ltd, JSW Energy Ltd and Vedanta Energy are among firms that have delayed plans for an IPO here due to a subdued market |
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Birla Cotsyn IPO to open on 30 June (27 June 04:48) |
| Proceeds from the issue would be used to fund two units that the company is setting up at its existing facilities in Maharashtra |
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KSK Energy IPO subscribed 94% in 3 hrs (23 June 01:43) |
| Merchant banking sources said the qualified institutional buyers portion was fully subscribed within 30 minutes |
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Hindalco to go for Rs5,000 cr rights issue (20 June 04:34) |
| The money raised through the rights issue will be used to pay a bridge loan taken for Novelis acquisition |
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KSK Energy lists new ‘risk’ factor just ahead of IPO (17 June 11:56) |
| The company proposes to sell 34.6 mn shares to the public at a price between Rs240 and Rs255 a share |
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