Ravindra Sonavane
Stories by Ravindra Sonavane
India: PowerGrid InvIT IPO may open next week
This will be the first time a state-owned entity is monetizing its infrastructure assets through the InvIT route.
India’s Glenmark Life Sciences files for IPO to raise funds
The IPO will consist of a fresh issue and an offer for sale by parent Glenmark Pharmaceuticals.
India: Aditya Birla Capital, Sun Life to sell stake in asset management biz IPO
Together, they plan to sell a 13.5% stake in Aditya Birla Sun Life AMC.
India: Shriram Properties files draft papers to raise $107m via IPO
Shriram Properties focuses on affordable and mid-income housing projects, mainly in southern India.
India: Choice Equity Broking in pact to buy 100% stake in Escorts Securities
Escorts held 40.44% stake in the brokerage subsidiary.
India: Tatva Chintan Chem seeks to raise $61.6m via IPO
ICICI Securities and JM Financial are the book lead managers to the issue.
Warburg Pincus-backed Kalyan Jewellers fixes issue price for $161m Indian IPO
The IPO comprises a fresh issue of equity shares for $110m and an offer for sale worth $51m.
India: Hospital chain Max Healthcare raises $164m via QIP
SBI Focus Equity Fund, HDFC Flexi Cap Fund, HDFC MidCap Opportunities and BNP Paribas Arbitrage ODI subscribed to the shares.
India: Easy Trip IPO gets subscribed 2.34 times on first day
The IPO received 35.11 million bids against the issue size of 15 million shares, according to stock exchange data.
India: Utkarsh Small Finance Bank files for IPO to raise $180m
ICICI Securities, IIFL Securities and Kotak Investment Banking will manage the share sale.
