Ashwin Ramarathinam
Stories by Ashwin Ramarathinam
India: Mindspace REIT’s $601m IPO subscribed 13 times
The strong investor interest is despite the expected impact of COVID-19 on commercial real estate.
India: Blackstone-backed Mindspace Business Parks REIT IPO fully subscribed on Day 2
Mindspace Business Parks REIT will be the second REIT to be listed in India.
Mindspace Business Parks REIT IPO subscribed 38% on first day
The anchor allotment was led by investors such as the government of Singapore, funds managed by Nomura, Capital Group, Fidelity, HSBC and Schroder.
Dabur promoters increase stake in Eveready Industries, buy 8.48% stake
The deal increases their shareholding to 19.84%.
India’s Yes Bank sells 2.66% stake in CG Power in several tranches
The bank now holds 10.12 per cent stake in CG Power.
Affle (India) ends higher on buying stake in Singapore firm OSLabs
The acquisition is likely to completed by 25 July.
India: Capital raising via equity markets jumps 28% in 2019
Sixteen initial public offerings hit the market in 2019, collectively raising Rs.12,362 crore.
L&T buys additional shares in Mindtree through open market
After these transactions, the current holding of L&T in Mindtree stands at 26.93%.
India: Fundraising via QIP hits a new low in four years
The qualified institutional placement (QIP) route for raising funds has lost its attraction.
