Corporate Finance

MCX marks revival of IPO mkt, subscribed over 3 times

The MCX IPO, estimated to raise Rs 663 crore, also happens to be the first public offer of 2012 in the market and had got over-subscribed more than three-times.

Investor wealth destroyed: These 5 IPOs lost over 80% in 2011

Investors lost around Rs 4,098 cr in IPO market this year because the secondary market was turbulent, reflected by the steep 25% fall in the Sensex this year.

Why Apollo Hospitals shares tanked 29% in one week

The fall in share price of Apollo wiped away Rs 2,686 crore of market cap in a few days. Immediately after the markets closed, clarification came from the company.

Onelife Capital's IPO doesn't have sound fundamentals

The financial performance and valuations for the IPO actually give it away. The company suffered losses in 2008, 2009 and the first half of financial year 2011.

Nine reasons why Facebook IPO turned into one big fiasco

As Facebook's shares sink further below the offer price, here are nine reasons why it's IPO is starting to look more and more like a messy flop.

Templeton to raise $300 mn for Asia investments

The fund, which will have a six-year lifespan like previous funds, will have a sub-tranche for Asia investments, Managing Director Ong Tek Khoan told Reuters.

IPO slump drives Asia bankers towards block deals

For investors on high alert over Europe's debt troubles and concerned about a slowdown in the US and Chinese economies, buying into existing companies through block sales may be more tempting than venturing into untested IPOs.

Reliance share buyback: Will it make stock market history?

The excitement is palpable. The board of Reliance Industries, India's biggest company by market capitalisation, is set to consider a share buyback proposal today (it will also report its third-quarter results).

Promoters, better watch out, big investors are regrouping

While there may not be any sudden change of guard at any of these companies, one would expect private equity investors to strengthen their position on their boards.

Via.com to raise $100 mn from PE firms by March next year

Bangalore-based online travel services provider Via.com today said it plans to raise upto $100 million (about Rs 500 crore) from private equity players by March next year to finance expansion in South East Asian markets.