-
New Delhi: The initial public offering of the country’s largest insurer LIC will open on May 4 and close on May 9, sources said. The IPO, through which the government will sell 3.5 per cent stake in state-owned Life Insurance Corporation (LIC), will fetch Rs 21,000 crore to the exchequer. The IPO values LIC at […]
-
Hyderabad: Hyderabad-based KFin Technologies, a financial services platform, said it has filed the draft red herring prospectus with the market regulator SEBI to raise Rs 2,400 crore via an initial public offering. The IPO is entirely an offer for sale of up to Rs 2,400 crore worth of equity shares by General Atlantic Singapore Fund. […]
-
On February 13, the government filed the draft red herring prospectus (DRHP) for the IPO with Sebi, which granted its approval for the same last week.
-
Hyderabad: The Enforcement Directorate (ED) has provisionally attached immovable and movable properties in the form of lands, buildings and share holdings worth Rs.1,984 crore under Prevention of Money Laundering Act (PMLA)-2002 in the money laundering investigation against Karvy Stock Broking Limited (KSBL) and its Chairman C Parathasarathy and others. It initiated money laundering investigation on […]
-
New Delhi: The Life Insurance Corporation of India on Sunday filed the Draft Red Herring Prospectus (DRHP) with capital markets regulator SEBI. The insurer is looking to sell the Centre’s five per cent equity stake in the company via its upcoming IPO, the DRHP document said. The Centre aims to offload a total of 316 […]
-
New Delhi: Tightening rules for initial public offering (IPO), Sebi has put a cap on the usage of the issue proceeds for unidentified future acquisitions and restricted the number of shares that can be offered by significant shareholders. Also, the regulator has extended anchor investors’ lock-in period to 90 days and now, funds reserved for […]
-
Hyderabad: Sresta Natural Bioproducts, which owns the packaged organic food brand, 24 Mantra, has filed draft red herring prospectus (DRHP) with capital markets regulator SEBI to raise funds through an initial public offering (IPO). The IPO of the Hyderabad-based organic food company comprises fresh issue of equity shares aggregating up to Rs 50 crore and […]
-
Hyderabad: Hyderabad-based Rainbow Children’s Medicare, a multi-specialty pediatric and obstetrics and gynecology hospital chain backed by UK-based CDC Group, has filed the draft red herring prospectus (DRHP) with the capital markets regulator SEBI with an aim to raise over Rs 2,000 crore through an initial public offering (IPO). The IPO comprises fresh issue of equity […]
-
Kundra, Shetty and Viaan have been fined for a three-year delay in the disclosure of an allotment of preferential shares.
-
Minister of State for Finance Pankaj Chaudhary in a written reply to a question said accounts of three of the six Mauritius-based funds
-
Defining the 'same line of business', Sebi said at least 50 per cent of revenue from the operations of the listed holding and listed subsidiary company must come from the same line of business, said SEBI.
-
The regulator is looking to leverage artificial intelligence, machine learning and deep learning to address critical challenges for data analytics.
-
The capital market regulator has asked PNB Housing to undertake the valuation of shares from an independent valuer before moving ahead with the issue.
-
Under the new rules, timelines for completion of various activities forming part of the delisting process have been introduced or revised to make it more efficient.
-
Currently, Sebi-registered alternative investment fund (AIF) or venture capital fund (VCF) are permitted to invest overseas, subject to an overall limit of USD 750 million.
-
The Securities and Exchange Board of India (Sebi) has sought comments from public till June 20 on the report.
-
The Securities and Exchange Board of India (SEBI) has extended the deadline to file the financial results for the quarter and the financial ended March 31, 2021, to June 30.
-
In a draft red herring prospectus (DRHP) filed with the market regulator, Zomato said it aims to raise Rs 8,250 crore in capital by offering the company's equity shares for sale.
-
The provisional rating shall be converted into a final rating within 90 days from the date of issuance of the debt instrument.
-
"This is incorrect. Wouldn't typically comment on speculation, but had to in order to stop the barrage of phone calls from the press and friends/family. Back to work," he tweeted.