Ami Shah
Stories by Ami Shah
India: L&T Tech Services trims early gains; shares end 1% up on debut
This is the second company from the L&T group to hit the market with an IPO since July, when L&T Infotech had launched a public offer. The flagship L
India: KKR-backed Avendus Capital hires Ambit CEO Andrew Holland, top team
Holland joined Ambit in 2008 and was managing its flagship hedge fund, Ambit Alpha, which has now been acquired by financial services group Edelweiss.
India: Yes Bank defers $1b share sale after stock plunges
Yes Bank Ltd on Thursday deferred its proposed $1 billion institutional private placement after its stock declined more than 5% following the fund-rai
Indian lender Yes Bank to launch $1b share sale to boost capital base
Yes Bank Ltd will raise up to $1 billion by selling new shares to institutional investors. The bank proposes to use the funds to bolster its capital f
India: RBL Bank makes stock market debut at 21.64% premium
Shares of RBL Bank Ltd debuted at a premium of 21.64%
India: L&T Infotech scrip falls 6.11%, first IPO to open at discount in 4 months
Shares of L&T Infotech Ltd fell 6.11% on debut even though the issue was subscribed more than 11 times last week. This is the first issue in nearly fo
India: Quess Corp posts stellar show on listing debut, shares rise 58.68%
Quess Corp’s IPO had witnessed the fifth highest overall subscription, in percentage terms, for any IPO since 2000.
India: L&T Infotech IPO subscribed 1.12 times on Day 1
The unit of Larsen and Toubro Ltd (L&T), India’s top engineering and construction firm, saw its IPO subscribed 1.12 times at 4.04pm, data from the N
India: Quess Corp initial public offer subscribed 144 times
The positive mood in the secondary markets, hefty grey market premium and positive listing of Mahanagar Gas Ltd’s shares on Friday also encouraged i
