Mon, Dec 09, 2024
LG Electronics India has plans to set up a new plant in Andhra Pradesh to boost its manufacturing capacity in the country, though it also fears competition from its South Korean parent entity.
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Thu, Dec 05, 2024
Since the IPO is entirely an OFS, the company will not receive any funds from the issue and the proceeds will go to the selling shareholder.
Thu, Oct 17, 2024
The net proceeds from the fresh issue will be used towards investment in a subsidiary, Integrum Green Assets, for financing the establishment of a 2 MegaWatt Peak (MWp) solar plant, funding working capital requirements of the company.
Wed, Oct 02, 2024
The proposed issue shall entirely be a fresh share sale of up to 1,25,00,000 equity shares with a face value of Rs 10 each.
Wed, Sep 04, 2024
DAM Capital IPO: According to the DRHP, there will be no fresh issue component in the IPO as it will only offer-for-sale (OFS) portion of up to 3.2 crore equity shares.
Mon, Aug 19, 2024
Xolopak India logged nearly three-fold growth in its revenue from operations at Rs 31.47 crore in the fiscal year 2023-24, compared to Rs 11.87 crore in FY2022-23 and has posted a net profit of Rs 6.36 crore in FY24, as against Rs 3.48 crore in FY23.
Mon, Jul 01, 2024
Apart from this, three more companies -- SaaS platform Unicommerce eSolutions, Maharashtra-based Gala Precision Engineering and Interarch Building Products -- obtained the regulator's nod to float the initial share sale.
Mon, Jun 17, 2024
The company is looking to maximise the price competitiveness of its electric vehicle (EV) models and intends to focus on securing local production capabilities for key parts, such as cells, battery packs, power electronics, and drivetrain and building a localised EV supply chain.
Thu, Jan 19, 2023
OYO is set to refile its DRHP with stock market regulator SEBI by the middle of February. OYO was asked to refile the DRHP with updates and revisions delaying its target of an early 2023 offering.
Mon, Sep 05, 2022
Its business model focuses on collaboration, development, and manufacturing of complex chemistry categories. Over the past five decades, the company has developed over 100 products with over 40 products commercialised.
Wed, Aug 17, 2022
Proceeds from the fresh issuance will be utilized for the augmentation of the company's capital base and maintenance of solvency levels and general corporate purposes.
Wed, Jul 20, 2022
The Maharashtra-based company posted a profit after tax of Rs 11.5 crore and a total income of Rs 259 crore for the fiscal ended March 31, 2022.
Fri, May 13, 2022
SEBI has issued a discussion paper, according to which SEBI is preparing to give relief in the rules of IPO filing. Now it will take less time to bring companies to IPO. According to the new rule, companies can submit the Informal DRHP to SEBI before formal DRHP.
Mon, Mar 21, 2022
The government has filed updated draft papers with market regulator Sebi for an initial public offer of LIC, incorporating December quarter financials of the insurance behemoth, an official said on Monday.
Mon, Mar 07, 2022
Suraj Estate Developers which is based out of Mumbai has filed its draft red herring prospectus (DRHP) with the markets regulator Securities and Exchange Board of India (SEBI) for initial public offering (IPO).
Tue, Feb 15, 2022
LIC board is in the favour of maximum discount for policy holders, Zee Business' Anurag Shah reports citing his top sources.
Mon, Feb 14, 2022
LIC DRHP: As India's largest life insurer Life Insurance Corporation of India (LIC) is set to launch its much-awaited Initial Public Offering (IPO) and has filed the Draft Red Herring Prospectus (DRHP) with the market regulator, this is what it has said in its draft papers about IDBI Bank. Zee Business’ Anurag Shah explains LIC DRHP statement in a conversation with Zee Business’ Managing Editor Anil Singhvi.
Wed, Aug 18, 2021
The conversion of CCPP will be completed before filing the red herring prospectus with the RoC, it added.
Thu, Jan 31, 2019
In this episode of Investment Gurukul find out why is Draft Red Herring Prospectus important?
Fri, Aug 18, 2017
Currently, HDFC owns 61.41 per cent stake in HDFC Standard Life and Standard Life has about 35 per cent, while the remaining is with employees and PremjiInvest.
Mon, Jul 03, 2017
Last year in December, NSE had applied for initial public offer (IPO) to raise over Rs 10,000 crore.
Wed, May 17, 2017
The company had filed draft papers with the Securities and Exchange Board of India (Sebi) in March and got "observations" from the regulator on April 11, which is imperative for any firm to launch public offer, as per the latest update.
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![LIC IPO: Company's board in favour of "maximum" discount for policyholders; LIC Act mandate at 10% at the least](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2022/02/15/175508-tv-copy2-feb-15.jpg?itok=mT0tS_ow&c=22a12e4955a45ac46b05732047323c73 "LIC IPO: Company's board in favour of "maximum" discount for policyholders; LIC Act mandate at 10% at the least")
