The company has decided to allocate 2.63 crore equity shares to anchor investors at Rs 570 apiece aggregating the transaction size to Rs 1,...

"The factors that have been at the core of market activity are the recent rise in virus cases indicating a probable revival in the near fut...

The IPO includes a fresh issue of Rs 1,400-1,500 crore and an offer for sale of Rs 3500 crore by the promoters, according to market sources.

The sale also includes all the assets and mining leases on 300 million tonnes of limestone deposits.

Interestingly, the returns of the companies that debuted on bourses in 2019 are promising.

RIIs had bade for 44 times their quota limit in the issue that was sold between November 22 and 26.

An upbeat secondary market was supported by robust responses to recent IPOs.

Some 13 IPOs raised Rs 10,717 crore from the primary market in Samvat 2075.

In its blockbuster market debut, IRCTC's stock closed 127.69% higher than its issue price on BSE.

In all, some 39 IPOs are waiting in the wings with necessary Sebi approvals.

The promoters have been looking at various options, ranging from divestment to taking the business to the public, to monetise assets.

The cement business recently received regulatory clearance for an initial public offer (IPO).

"This round of 10 per cent divestment was not desired and not planned. We decided to sell our stake to infuse confidence among the investor...

The IPO will consist of a fresh issue of Rs 1,300 crore and an offer for sale of up to Rs 250 crore by the company's promoter PR Cement Hol...

The IPO comprises fresh issuance of shares worth Rs 500 crore.

Binani Cement in 2007 and Niraj Cement in 2008 were the last cement makers to raise money from the public.

Grasim, Tech Mahindra, TCS, UltraTech Cement and Infosys were some of the companies in which MFs reduced stakes in March by Rs 270-392 cror...