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LIC IPO: Centre to sell 5% stake in company; here's all you need to know
Business

LIC IPO: Centre to sell 5% stake in company; here's all you need to know

As per the draft red herring prospectus (DRHP) of the public issue filed with SEBI, the government will put 316,249,885 equity shares of LIC on sale

Indian Railway Finance Corporation receives SEBI nod for IPO; maiden offer comprises fresh issue of 93.8 cr equity shares
Business

Indian Railway Finance Corporation receives SEBI nod for IPO; maiden offer comprises fresh issue of 93.8 cr equity shares

The SEBI's observations are necessary for any company to launch public issues such as IPO, follow-on public offer and rights issue.

IRCTC IPO opens today, price band fixed at Rs 315-320 a share; all you need to know about the new offer
Business

IRCTC IPO opens today, price band fixed at Rs 315-320 a share; all you need to know about the new offer

The state-run Indian Railway Catering and Tourism Corporation (IRCTC) will launch its initial public offering (IPO) on 30 September.

Lodha Developers sells Rs 4,200 crore worth properties in April-Sepember; eyes Rs 9,000 crore sales in FY19
Business

Lodha Developers sells Rs 4,200 crore worth properties in April-Sepember; eyes Rs 9,000 crore sales in FY19

Lodha Developers has emerged as the biggest player in Mumbai Metropolitan Region (MMR) with 18 percent market share in sales, its MD Abhishek Lodha said

BSE files IPO papers with Sebi, may raise Rs 1,200-1,300 crore
Business

BSE files IPO papers with Sebi, may raise Rs 1,200-1,300 crore

Moving closer to become a publicly-listed exchange, Asia's oldest bourse BSE today filed draft papers with markets regulator Sebi to raise an estimated Rs 1,200-1,300-crore initial public offering.

Vodafone India to postpone DRHP filing of its proposed Rs 20k-cr IPO till end 2016
Business

Vodafone India to postpone DRHP filing of its proposed Rs 20k-cr IPO till end 2016

The filing, previously expected in September or October, is being delayed because Vodafone wants to wait for new rival Reliance Industries to launch its telecoms services

Equitas plans to launch IPO next month, may raise Rs 2,000 cr
Business

Equitas plans to launch IPO next month, may raise Rs 2,000 cr

Equitas Holdings, which has got a licence for small finance bank, is expected to hit the capital markets in the first half of April to raise an estimated Rs 2,000 crore through an initial public offering (IPO).