The Securities and Exchange Board of India (Sebi) has sought clarifications from merchant bankers of four firms, including Alkem Laboratories and Infibeam Incorporation, in connection with their proposed Initial Public Offers (IPOs).
Prabhat Dairy’s integrated milk and dairy ingredients business, which has institutional clients such as Mondelez India Foods (Cadbury's), Britannia, Danone, Mother Dairy, Abbott Healthcare, Nestle, among others is enviable.
Pennar Engineered Building Systems (PEBS), a subsidiary of Pennar Industries, has launched an initial public offering (IPO) to raise Rs 152-156 crore, including fresh issue of shares of up to Rs 58 crore.
Looking to tap upbeat investor sentiments, five companies including Sadbhav Infrastructure Projects and Navkar Corp will hit the capital markets this month to raise an estimated over Rs 1,500 crore through IPOs.
Navkar Corporation is a container freight station (CFS) operator with three CFSs — all located in Maharashtra’s Panvel — servicing the export and import of containers at the Jawaharlal Nehru Port (JN Port), Navi Mumbai.
Matrimony.com Ltd, the company which runs matrimony site Bharat Matrimony among others, has filed a Draft Red Herring Prospectus (DRHP) with the regulator to raise around Rs 500 crore through Initial Public Offering (IPO).
The initial public offering (IPO) space is in the thick of activity, as 30 companies line up offers worth more than Rs 16,000 crore to fund their business expansion, meet working capital requirements and make loan repayment.