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GREENSHOE OPTION
Stocks in news: HDFC Bank, Ola Electric Mobility, NBCC and Knowledge Realty TrustIndian equity markets closed higher on Friday, ending a losing streak with IT stock gains. HDFC Bank's CEO will not seek reappointment, whi...
Industrial47 raises Rs 85 crore in first close of debut fund to back frontier-tech startupsThe fund is targeting a corpus of Rs 150 crore, with a Rs 50 crore greenshoe option. It plans to invest Rs 2-10 crore in 15-20 companies ac...
Hindustan Copper OFS oversubscribed on both days, says govt. Here are all the detailsHindustan Copper’s government OFS drew strong institutional demand, with the non-retail portion subscribed 3.41 times on Tuesday. The Centr...
Government mobilises about Rs 3,000 crore from Hindustan Copper OFSThe government successfully raised nearly Rs 3,000 crore from selling Hindustan Copper shares. This offer for sale saw strong participation...
Private credit play: Modulus Alternatives’ third fund crosses Rs 300 crore in first closeModulus Alternatives has secured over Rs 300 crore in the first close of its third private credit fund, India Credit Opportunities Fund III...
Hindustan Copper OFS opens for retail investors. Should you apply in the metals major's offer?The OFS opened for non-retail investors on August 4, and saw strong participation. It now opens for retail investors today. Investors can p...
ESDS to expand data centre operations with Rs 720-cr IPO proceedsESDS Software Solution is embarking on a ₹720-crore IPO aimed at broadening its data center operations across India and Europe. This strate...
Hindustan Copper OFS may not be a big draw for retail investors: AnalystsAnalysts express caution regarding retail investor interest in Hindustan Copper's offer for sale. A nearly ten percent discount may not att...
Hindustan Copper OFS subscribed over 3 times; govt to exercise greenshoe optionHindustan Copper’s government OFS received strong demand from non-retail investors, with bids reaching 3.41 times the shares offered. The C...
Coal India plans Singapore trading hub in hunt for critical mineral assets: SourcesCoal India is establishing its first overseas trading office in Singapore. This move aims to diversify into trading iron ore and critical m...
Godrej Industries to enter private credit space, aims to raise Rs 2,000 cr in AIFGodrej Industries Group is entering the private credit market with a new fund. The company aims to raise up to two thousand crore rupees fo...
Banks may rush to tap short loans abroadBankers said some lenders now plan to borrow more short-term funds, possibly at a higher rate, to finance the promised leverage to FCNR(B) ...
Behind the Uber-Rapido merger talks; Honasa’s strong Q1 reportHappy Friday! Uber and Rapido explored combining their India ride-hailing operations in May, sources told us. This and more in today’s ETte...
Deeptech fund Bluehill.VC raises Rs 408 crore for maiden frontier-tech fundChennai-based Bluehill.VC has raised Rs 408 crore for its initial deeptech venture fund. The firm has already deployed approximately Rs 100...
Indel Money readies its biggest ever public sale of debt: BankersIndel Money is set to pursue a remarkable fundraising initiative of up to five billion rupees within this month. This forthcoming public de...
LIC's OFS discount looks tempting, but triggers don'tAnalysts hold differing views on retail investor interest in LIC's offer for sale. The government is divesting a stake to meet minimum publ...
LIC shares fall after India’s largest OFS closes with oversubscription on both daysThe government raised Rs 31,552 crore through LIC’s record Offer for Sale (OFS), selling a 6.5% stake after exercising the greenshoe option...
LIC's second act smarter price tagThe Life Insurance Corporation is gearing up for a monumental offer for sale, potentially the largest in history. This move allows the gove...
LIC OFS gets strong response from retail investors, subscribed 1.82 times the base sizeLIC’s retail offer for sale attracted strong investor interest, with the base retail issue subscribed 1.82 times. The government’s 6.5% sta...
Government unveils offer for sale to dilute LIC stakeThe Centre has announced an Offer for Sale in Life Insurance Corporation of India. This issue will open for non-retail investors on Tuesday...