News

Date Heading Details
23-Oct-2019   17:08 Hrs IST Ujjivan Small Finance Bank gets SEBI's nod for IPO <p align="justify">Ujjivan Small Finance Bank has received markets regulator Securities and Exchange Board of India's (SEBI) approval to raise Rs 1,200 crore through an Initial Public Offering (IPO). <p align="justify">The bank, which filed the draft red herring prospectus with the SEBI in August, got the regulator's approval on October 16. Proceeds of the issue would be used towards augmenting the company's capital base to meet future requirements. The book running lead managers to the issue are Kotak Mahindra Capital Company, IIFL Securities and JM Financial. <p align="justify">Ujjivan Small Finance Bank provides financial solutions. The company offers loan for home, construction, improvement, and micro loans, as well as provides loan against property. </p>
01-Oct-2019   15:03 Hrs IST Montecarlo files DRHP with SEBI for IPO <p align="justify">Montecarlo has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise an estimated Rs 550 crore through an Initial Public Offering (IPO). The IPO comprises fresh issuance of shares worth Rs 450 crore, besides an offer for sale of up to 30 lakh equity stocks by existing shareholder Kanubhai M Patel Trust. <p align="justify">The funds will be utilized towards investment in the company's projects, to meet working capital requirements and for other general corporate purposes. The book running lead managers to the issue are Edelweiss Financial Services, Axis Capital and HDFC Bank. <p align="justify">Montecarlo retails and wholesales automobile parts such as tires, wheels, car audio systems, and accessories based in Hiroshima. The company also has franchised stores.</p>
26-Sep-2019   11:29 Hrs IST IRCTC to hit capital market on September 30
25-Sep-2019   14:10 Hrs IST SAMHI Hotels files DRHP with SEBI for IPO
04-Sep-2019   15:08 Hrs IST Bajaj Energy gets SEBI's nod for IPO
22-Aug-2019   16:25 Hrs IST IRCTC files DRHP with SEBI for IPO
14-Aug-2019   11:48 Hrs IST Catholic Syrian Bank files DRHP with SEBI for IPO
09-Aug-2019   15:15 Hrs IST Chemcon Speciality Chemicals files DRHP with SEBI for IPO
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