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Date Heading Details
23-Jun-2020   15:09 Hrs IST UTI AMC gets SEBI's nod to float IPO <P align=justify>UTI Asset Management Company (AMC) has received markets regulator Securities and Exchange Board of India's (SEBI) approval to raise an estimated Rs 3,000 crore through an Initial Public Offering (IPO). The IPO of the country's largest asset management company in terms of total assets under management (AUM) comprises sale of 3,89,87,081 equity shares by existing shareholders. The company's shares are proposed to be listed on the BSE and NSE.<P align=justify>The company, which filed the draft red herring prospectus with the SEBI in December, got the regulator's approval on June 16. Kotak Mahindra Capital, Axis Capital, CitiBank, DSP Merrill Lynch, ICICI Securities, JM Financial and SBI Capital Markets are the book running lead managers to the offer.<P align=justify>UTI Asset Management Company (UTI AMC), was appointed by UTI Trustee Company for managing the schemes of UTI Mutual Fund and the schemes transferred/ migrated from the erstwhile Unit Trust of India.<BR>
15-Jun-2020   12:15 Hrs IST Happiest Mind Technologies files DRHP with SEBI <P align=justify>Happiest Mind Technologies has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) for its initial public offering (IPO). The offer consists of a fresh issue of shares aggregating up to Rs 110 crore and offer for sale of up to 3.56 crore equity shares. The company's shares are proposed to be listed on the BSE and NSE.<P align=justify>This is the first major IPO announced by a company since the imposition of lockdown in the country in March to tackle the COVID-19 pandemic. The company proposes to utilise the net proceeds from the fresh issue to meet long-term working capital requirement and general corporate purposes. The book running lead managers to the issue are ICICI Securities and Nomura Financial Advisory and Securities (India).<P align=justify>Happiest Minds Technologies provides IT services. The Company offers big data analytics, cloud computing, networking, engineering, digital solutions, infrastructure, and other related activities. Happiest Minds Technologies serves customers worldwide. <BR>
05-May-2020   12:58 Hrs IST Stove Kraft gets SEBI's approval to float IPO
31-Mar-2020   09:40 Hrs IST Laxmi Goldorna House extends IPO closing date to April 3 due to lockdown
17-Mar-2020   14:49 Hrs IST Park Hotels gets SEBI's nod to raise Rs 1,000 crore via IPO
04-Mar-2020   14:32 Hrs IST IRFC gets SEBI's approval to raise funds via IPO
03-Mar-2020   14:31 Hrs IST Home First Finance gets SEBI's nod to raise Rs 1,500 crore through IPO
03-Mar-2020   14:07 Hrs IST Equitas Small Finance Bank gets SEBI's nod to float IPO
18-Feb-2020   14:20 Hrs IST Barbeque Nation files IPO draft papers with SEBI
12-Feb-2020   11:59 Hrs IST SBI Cards gets SEBI's approval to float IPO