Ashwin Ramarathinam
Stories by Ashwin Ramarathinam
India: Macrotech Developers IPO subscribed 26% on first day of issue
Macrotech Developers received 9.59 million bids for 36.42 million shares on offer.
India: Macrotech ropes in Brookfield, ADIA, CDPQ as anchor investors
The IPO opens for public subscription on Wednesday and will close on 9 April.
India: Sterling & Wilson Solar promoter Daduvala offloads 5% stake
The stake sold was worth over $27.47 million.
India: Nazara Technologies makes strong market debut, lists at 81% premium
The IPO of the mobile gaming company got a good response, with the Rs583-crore offer being subscribed 175.46 times
Reliance to sell Den Networks, Hathway stakes for $155m
In February 2020, Reliance merged Den and Hathway with Network18 and TV18.
India: NSE invests in technology startup Capital Quant Solutions
Through such partnerships with select start-ups, NSE Group aims to further strengthen its technology leadership.
India’s Easy Trip Planners IPO subscribed 160 times on final day
In fiscal 2020-21, five IPOs have seen subscription figures of more than 150 times.
India: Anupam Rasayan secures $30m from anchor investors ahead of IPO
Investors who have been allocated shares are Birla MF and Nomura Asset Management, among others.
India: Paras Defense and Space Technologies to raise funds via IPO route
It plans to use the net proceeds to purchase machinery and equipment, among others.
India: BPCL Trust to sell upto 4% shares via block deal worth for $517m
The Trust will sell up to 86.77 million shares or 4% of the total share capital of the company at a floor price of Rs435.
