Saudi Aramco’s potential acquisition of a stake in petrochemicals maker SABIC would affect the time frame of its own planned initial public offering, the firm’s chief executive, Amin Nasser, said in a TV interview transcript.
Women’s apparel maker TCNS Clothing Co Pvt Ltd’s initial public offering to raise about 11.25 billion rupees ($163.5 million) was oversubscribed on the last day of sale on Friday.
Engineering and medical entrance test preparation company Aakash Education Services today filed draft papers with capital markets regulator Sebi to raise Rs 1,000 crore through an initial public offering.
Saudi Aramco IPO-ARAM.SE has invited banks to pitch for an advisory role on the potential acquisition of a strategic stake in Saudi Basic Industries Corp (SABIC) 2010.SE, two sources with direct knowledge of the matter told Reuters.
HDFC Asset Management Co Ltd’s initial public offering of shares next week seeks to raise as much as 28 billion rupees ($409.1 million) in one of the biggest IPOs in India this year.
SMEs raised Rs 1,546 cr through initial public offerings during the first six months of the year, more than two-fold jump from the same period last year.
Discounter Pinduoduo plans to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what would be the second-biggest U.S. float by a Chinese firm this year.
Leading real estate firm Lodha Developers plans to hit the capital market this month with its initial public offer (IPO) to raise about Rs 5,500 crore, according to market sources.
Market regulator Sebi has given its go-ahead for the initial public offering (IPO) of rail PSU IRCON, which could hit the markets in September to raise about Rs 500 crore, an official said.
The IPO lane is getting busy as at least seven companies, including Lodha Developers and HDFC Mutual Fund, are expected to hit the capital market in the coming week to raise over Rs 14,000 crore.