Tega Industries IPO: Subscription Date, Price Band, Key Things To Know Before Subscribing

Axis Capital and JM Financial are the merchant bankers to the public issue. The shares of the company will be listed on both BSE and NSE.

Axis Bank Stake In Max Life Likely To Rise To 20 % In 12-18 Months

Max Life Insurance recorded a 22 per cent rise in its total new business premium (individual and group) to Rs 6,826 crore in the financial year ended March 2021.

Dodla Dairy's Rs 520 Cr-IPO To Open On Jun 16; Price Band Set At Rs 421-428/Share

The IPO comprises fresh issuance of shares worth up to Rs 50 crore, besides, an offer for sale of up to 1,09,85,444 equity shares by TPG Dodla Dairy Holdings Pte Ltd, Dodla Sunil Reddy, Dodla Deepa Reddy and Dodla Family Trust.

Sebi Disposes Of Adjudication Proceedings Against Axis Capital In Spicejet Matter

The share purchase agreement was entered into between acquirers -- KAL Airways and Kalanithi Maran -- SpiceJet and four WLR entities -- WLL Recovery III Ltd, WLR Recovery IV/ ESC Ltd, India Asset Recovery Fund Ltd and WLR/GS India Ltd.

Nuvoco Vistas Files Rs 5,000-Cr IPO Papers

ICICI Securities, Axis Capital, JSBC Securities and Capital Markets (India) Pvt Ltd, J.P. Morgan India and SBI Capital Markets have been appointed as merchant bankers to advise on the IPO.

After Long Wait, Max Group Sells 13% Stake In Life Insurer Max Life To Axis Bank

The total premium generated through this alliance has aggregated to over Rs 40,000 crore, as per the release. The alliance contributed over 55 per cent of its total sales of Rs 84,724 crore as of December 2020.

Craftsman Automation Limited Initial Public Offer To Open On March 15, 2021

The Equity Shares offered in this Offer are proposed to be listed at both BSE Limited (“BSE”) and National Stock Exchange of India Limited (“NSE”, together with BSE, the “Stock Exchanges”)

IRDAI Approves Axis Entities' Stake Acquisition In Max Life Insurance

Axis entities have the right to acquire an additional stake of up to 7 per cent in Max Life in one or more tranches which they intend to acquire in the next few years.

Craftsman Automation Files IPO Papers With SEBI

The IPO comprises a fresh issue of equity shares aggregating up to Rs 150 crore and an offer for sale of up to 45,21,450 shares by promoter and existing shareholders, draft red herring prospectus filed with Sebi showed.

Security And Intelligence Services To Make Market Debut On August 10

The initial share sale offer of Security and Intelligence Services (India) Limited was oversubscribed 7 times

9 Merchant Bankers In Fray To Manage HUDCO Stake Sale

The government has already raked in Rs 3,183 crore from stake sale in NHPC, employee subscription in IOC and NTPC disinvestment

Eight Banks In Bid To Manage $3.2 Billion Coal India Stake Sale

The Indian Cash Cow

If it were a murder, it would have been the perfect murder. It was quick and quiet. In February, while India’s corporate governance vigilantes obsessed over Maruti and its deal with Japanese parent Suzuki, Alstom Transport India, a wholly owned subsidiary of French engineering major Alstom, bought out the transportation division of Alstom India, another arm of Alstom. The division was sold for Rs 176.9 crore, a figure far lower than the division’s sales for the previous 12 months, leaving minority shareholders of the Indian arm high and dry.

Hindustan Copper Share Sale Fully Subscribed, Govt Gets Rs 260 Cr

Hindustan Copper Share Sale Raises Rs 810 crore