Ashwin Ramarathinam
Stories by Ashwin Ramarathinam
India: Equitas Small Finance Bank IPO subscribed 2 times on final day
Promoter's stake will come down to 82.1 per cent from 95.5 per cent after the IPO.
Ascent India Fund III sells 0.96% stake in Solara Active Pharma in bulk deal
Solara Active Pharma stock more than doubled against a fall of 3% in the benchmark index, Nifty.
India: State-owned RailTel files draft red herring prospectus for $93.3m IPO
The operations of RailTel have been funded entirely by internal accruals since 2013.
India: Route Mobile IPO subscribed 74 times on final day of bidding
The public issue consists of a fresh issue of Rs 240 crore and an offer for sale of Rs 360 crore.
India: PE firm ADV Partners sells 10.46% stake in Amber Enterprises
Before the transaction, ADV Partners held 20.9 per cent shares in the company.
India: VC firm Mayfield sells 5.81% stake in Tejas Networks
Post this transaction, Mayfield XII Mauritius holdings in Tejas Network will come down from 7.70 per cent to 1.88 per cent.
India: Happiest Minds’ IPO opens to good response
Happiest Minds aims to raise $93.6m through the IPO.
India: Baring India Private Equity Fund III sells 7.36% in Shilpa Medicare
After Friday's share sale, Baring India Private Equity Fund III holds a 1.36 per cent stake in the firm.
Singapore’s Integrated Core Strategies buys $266m worth shares in Airtel
Telecom major Bharti Airtel's shares have gained 12.57% in 2020.
India: Partners Group sells shares worth $48.1m in Aavas Financers
From the beginning of the year, Aavas’ shares have lost 29 per cent value, against a drop of 6 per cent in the benchmark index, Nifty.