Garuda Construction and Engineering Ltd has submitted initial documents to the capital markets regulator Sebi, aiming to gather funds through an initial public offering. This filing marks the tenth draft offer document filed by companies thus far this year. Also read: IPOs next week: Four new public issues, five listingsRead More →
Based on the recommendations of an expert committee, capital markets regulator Securities and Exchange Board of India’s recently sought public comments for removal of the 1% security deposit in public/rights issues that has been in vogue for several years. The move is aimed at encouraging more companies to access theRead More →
Northern Arc Capital Ltd has filed preliminary papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise funds through an initial public offering (IPO). The IPO of the non-banking financial company (NBFC) will be a combination of fresh issue of equity shares worth ₹500 crore andRead More →
Blackstone-owned Aadhar Housing Finance will re-file its preliminary draft papers with capital markets regulator Securities and Exchange Board of India (SEBI) to raise ₹5,000 – ₹5,500 crore through an initial public offering (IPO), according to a report by news website Moneycontrol. The company is likely to re-file the the draftRead More →
Mumbai: The broking community is divided about extending trading hours for the equity derivatives segment but is deliberating it and is expected to reach a decision shortly, said Madhabi Puri Buch, chairperson, Securities and Exchange Board of India (Sebi). “At the moment, the broking community itself is divided. It’s aRead More →
Capital markets regulator Securities and Exchange Board of India (Sebi) has released a circular to extend the timeline to implement the rule for top companies for verification of market rumours. The listed entities were divided into two broad categories: top 100 and top 250 by market capitalisation. The regulator hadRead More →
The stock market watchdog will not force foreign investors that haven’t disclosed their ultimate beneficiaries to sell their holdings beginning 1 February, two people aware of the regulator’s thinking said, lifting a cloud that has hung heavy over the market in the recent past. While some categories of foreign portfolioRead More →
Very soon, you can block your trading accounts just like demat accounts, ATMs, and Credit Cards. In a circular dated 12 January, the Securities and Exchange Board of India (Sebi) has planned to offer the facility of voluntary freezing or blocking of the ‘Trading Accounts’ by clients. SEBI’s new securityRead More →
Prior to Rashi Peripherals IPO submitting its red-herring prospectus (RHP) to go public, Madhuri Madhusudan Kela and Volrado Venture Partners Fund has acquired ₹150 crore of shares in the firm, said company’s notice to investors on Financial Express (FE). Volrado Venture Partners Fund-III-Beta received 32,15,434 equity shares valued at ₹100 croreRead More →
Indian-made foreign liquor (IMFL) maker Allied Blenders and Distillers has refiled papers with market regulator Securities and Exchange Board of India (SEBI) to raise 1,500 crore through an initial public offering (IPO). The company had initially filed draft red herring prospectus (DRHP) with the market regulator in June 2022 toRead More →
