News

Date Heading Details
04-Jun-2019   15:10 Hrs IST Shyam Steel Industries files DRHP with SEBI for IPO <p align="justify">Shyam Steel Industries 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). The company's shares are proposed to be listed on the BSE and NSE.</p><p align="justify">The IPO consists of fresh issue of up to Rs 200 crore and an offer for sale of up to 66.70 lakh shares, comprising up to 11.60 lakh shares by the promoter selling shareholders and up to 55.09 lakh shares by other selling shareholders. </p><p align="justify">The funds will be utilized towards repayment/prepayment of certain borrowings of the company and its subsidiary Shyam Steel Manufacturing and for other general corporate purposes. Axis Capital, Edelweiss Financial Services, SBI Capital Markets and IIFL Holdings are book running lead managers to the issue.</p><p align="justify">Shyam Steel Industries is a thermo mechanically treated rebar (TMT Rebar) player having integrated steel plants. The company operates all its steel manufacturing plants in West Bengal.<br></p>
18-Apr-2019   14:29 Hrs IST Sterling and Wilson files DRHP with SEBI for IPO <p>Sterling and Wilson has filed draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise an estimated Rs 4,500 crore through an Initial Public Offering (IPO). The company's shares are proposed to be listed on the BSE and NSE.</p><p>ICICI Securities, Axis Capital, Credit Suisse Securities (India), Deutsche Equities India, IIFL Holdings, SBI Capital Markets are the global coordinators and book running lead managers. IndusInd Bank and YES Securities (India) are the book running lead managers to the issue. </p><p>Sterling and Wilson is a global pure-play, end-to-end solar EPC solutions provider. The company's order book was Rs 4,309.09 crore as of December 31, 2018. The company has operations in 26 countries, and use its subsidiaries and branch offices globally for operations. <br></p>
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
02-Apr-2019   14:25 Hrs IST Annai Infra Developers files DRHP with SEBI for IPO
27-Mar-2019   15:18 Hrs IST Rail Vikas Nigam's Rs 481 crore IPO to open on March 29
05-Mar-2019   11:15 Hrs IST MSTC gets SEBI approval for IPO
12-Feb-2019   11:09 Hrs IST Reliance General Insurance files DRHP with SEBI for IPO
07-Feb-2019   14:34 Hrs IST MSTC files DRHP with SEBI for IPO

Open A

New Account

Name
Email
Mobile Number
City
Select Products You Are Interested