Adani Power initial public offer opens today
July 28, 2009 by admin
Filed under IPO Section
Adani Power’s initial public offer (IPO) of 30.16 crore shares is set to hit the market today. The company, part of the Adani Group with diversified interests, hopes to garner over Rs 3,000 crore through the issue.
OIL IPO worth Rs 2,500 crore likely in September
July 27, 2009 by admin
Filed under IPO Section
The second largest state-run explorer, Oil India (OIL), is charting out plans for investment around Rs 2,335 crore during the fiscal. The company is expected to come out with an initial public offering (IPO) to raise around Rs 2,500 crore this September to bridge the funding need for its various exploration and production activities. From this sum, it will pool around Rs 1,430 crore in exploration and production and Rs 495 crore towards revamping its ageing fields.
Govt hints NHPC IPO price to be higher than market speculation
July 25, 2009 by admin
Filed under IPO Section
The government has mooted the price band of the much-awaited IPO of National Hydro Power Corporation (NHPC) a little above than what was being speculated in the market, which is likely to open on August 7.
Raj Oil Mills fixes price band of Rs 100-120 a share for IPO
July 17, 2009 by admin
Filed under IPO Section
Mumbai-based Raj Oil Mills has decided to tap the capital market through an initial public offer (IPO) to accumulate up to Rs 114 crore for the expansion purposes.
NHPC IPO on floor on August 7: Finance ministry
July 17, 2009 by admin
Filed under IPO Section
The finance ministry has said that the much-awaited Initial Public Offer (IPO) of state-run power giant NHPC will fetch as much as Rs 1,680 crore. The IPO is expected to hit the market on August 7. The government has decided that NHPC would infuse 10% fresh equity through this public offer and the government would divest its 5% stake in the company.
Oil India IPO to hit capital mkt by Sept: Petroleum ministry
July 17, 2009 by admin
Filed under IPO Section
State-run oil major Oil India (OIL) is likely to tap the market with an initial public offering (IPO) on September 7 and will close the issue on September 11, according to Petroleum ministry.
SEBI approves Godrej Properties IPO proposal
July 16, 2009 by admin
Filed under IPO Section
The Godrej group has received the market regulator, Securities and Exchange Board of India’s (SEBI) nod for an initial public offer (IPO) of its real estate unit — Godrej Properties.
Indiabulls Power plans to enter the capital market
July 16, 2009 by admin
Filed under IPO Section
Indiabulls Power,a 100% subsidiary of Indiabulls Real Estate is considering for an initial public offer (IPO) to mop up about Rs 1,500 crore, intended to fund its three upcoming power projects in Maharashtra and Chhattisgarh.
Govt plans to raise Rs 1,854 cr from NHPC and OIL IPO
July 11, 2009 by admin
Filed under IPO Section
The government has indicated that it is planning to raise Rs 1,854 crore from NHPC and Oil India (OIL) initial public offers (IPOs), which are expected to go public in the current fiscal.
Mahindra Holidays’ IPO receives positive success
June 30, 2009 by admin
Filed under IPO Section
Time share holiday and leisure hospitality provider Mahindra Holidays and Resorts India, which closed its initial public offer on June 26, received a positive response from market participants for the same. The issue was subscribed 9.8 times and has been priced at Rs 300 per share.