Recruitment and staffing company TeamLease Services’ initial public offering (IPO) was subscribed nearly 90 per cent on Wednesday. The Rs 430-crore IPO closes on Thursday.The retail investor quota has, so far, garnered over four times subscription.
From calculator repairmen to founders of Quick Heal Technologies, the country’s most popular anti-virus brand, siblings Kailash and Sanjay Katkar would have come a long way when their Rs 450-crore public issue launches next week.
The initial public offering (IPO) of Precision Camshafts sailed through comfortably with 1.8 times subscription at the close of the issue on Friday. The Rs 410 crore public issue received 28.6 million bids against 15.9 million on offer.
The IPO, which closes on February 4, would be made through a fresh issue aggregating up to Rs 150 crore and an offer for sale of up to 32.2 lakh equity shares, the company said in a public announcement.
As many as five firms, including Mahanagar Gas and Equitas Holding, have received markets regulator Sebi's approval in New Year to launch their initial public offerings (IPOs) to fund business expansion and meet working capital requirements.
Air Works, India's oldest private sector aircraft maintenance repair and overhaul firm (MRO), is preparing for an initial public offering (IPO) to raise about Rs 700 crore through issue of fresh shares and part stake sale by promoters and existing
Saudi Arabia's potential initial public offering of its state oil company could be the largest ever, a juicy target for any ambitious Wall Street bank. In a country traditionally cold to outsiders, only a few have the experience to win it.
Tirupur-based SP Apparels is hitting the market with an initial public offering (IPO) to raise around Rs 215 crore by fresh issue of shares, the Draft Red Herring Prospectus (DRHP) filed by the company says.