News

Date Heading Details
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 <p align="justify">Indian Railway Catering and Tourism Corporation (IRCTC) is coming out with an initial public offering (IPO) to raise around Rs 645 crore. The issue will open on September 30, 2019 and will close on October 3, 2019. It has fixed a price band of Rs 315-320 per share. <p align="justify">The shares of the company are proposed to be listed on NSE and BSE. The book running lead managers to the issue are IDBI Capital Markets &amp; Securities, SBI Capital Markets and YES Securities (India). <p align="justify">IRCTC is the only entity authorised by the Indian railways to provide catering services to railways, online railway tickets and packaged drinking water at railway stations and trains in India.&nbsp; </p>
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
09-Jul-2019   15:02 Hrs IST Sterling and Wilson Solar gets SEBI's nod for IPO