News

Date Heading Details
14-Aug-2019   11:48 Hrs IST Catholic Syrian Bank files DRHP with SEBI for IPO <p align="justify">Kerala-based Catholic Syrian Bank has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). Through the offer, the bank is looking to raise fresh capital by issuing shares worth Rs 30 crore apart from an offer for sale of 1.98 crore shares by existing shareholders. <p align="justify">The shares of the company are proposed to be listed on NSE and BSE. Proceeds of the issue would be used to augment the bank's tier-1 capital base to meet future capital requirements and to ensure compliance with Basel III and other RBI guidelines.<p align="justify">The Catholic Syrian Bank provides banking services. The Bank offers current and savings accounts, loans, insurance, cards, personal, and corporate banking services. </p>
09-Aug-2019   15:15 Hrs IST Chemcon Speciality Chemicals files DRHP with SEBI for IPO <p align="justify">Chemcon Speciality Chemicals has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise an estimated Rs 350 crore through an Initial Public Offering (IPO). The shares of the company are proposed to be listed on NSE and BSE. <p align="justify">The issue comprises of a fresh issue of Rs 175 crore and an offer for sale of 43 lakh equity shares from the promoters. The book running lead managers to the issue are Intensive Fiscal Services and Ambit Capital. <p align="justify">The company is a leading manufacturer of pharmaceutical intermediates, Silanes and Oilfield Chemicals (Completion Fluids). It supplies its products to domestic customers and also export to countries including the US, China, Japan, UAE, Azerbaijan, Serbia, Russia and Malaysia. </p>
25-Jul-2019   11:48 Hrs IST Affle India to hit capital market on July 29
17-Jul-2019   15:04 Hrs IST Annai Infra Developers gets SEBI's nod for IPO
09-Jul-2019   15:02 Hrs IST Sterling and Wilson Solar gets SEBI's nod for IPO
28-Jun-2019   17:04 Hrs IST KPR Agrochem withdraws Rs 283 crore IPO from capital market
04-Jun-2019   15:10 Hrs IST Shyam Steel Industries files DRHP with SEBI for IPO
18-Apr-2019   14:29 Hrs IST Sterling and Wilson files DRHP with SEBI for IPO
16-Apr-2019   14:50 Hrs IST Shriram Properties gets SEBI's nod for IPO
11-Apr-2019   10:54 Hrs IST V R Films & Studios coming with an IPO to raise up to Rs 2.27 crore