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By Express press service BENGALURU: Up to 44 companies raised total funds of around Rs 1,01,500 crore through initial public offerings (IPOs) during nine months ending FY22, and total subscription amounted to over of Rs 27 lakh crore, according to the new KPMG study titled “IPOs in India – IPOs during a global pandemic”. A …

Strides Pharma Science announced on Monday that the company’s board of directors will meet on February 10, 2022 to consider raising funds. In an exchange filing, the company said the board would consider a proposal to raise funds on Feb. 10 through the issuance of convertible stock/warrants and/or any other instrument through preferential …

Bharti Airtel’s board will meet on Friday to assess a fundraising proposal, the company told the stock exchange on Monday. The fundraising plan precedes the 5G spectrum auction proposal and is the second such exercise in three months. Last October, the company raised around Rs 21,000 crore through a rights issue and …

Manappuram Finance announced on Monday that the company’s board of directors had approved raising funds of up to Rs 800 crore via non-convertible debentures, on the basis of a private placement. NBFC in an exchange filing said the board had approved the issue of listed, secured, rated, redeemable and non-convertible debentures with a face value …

Nazara Technologies announced on Wednesday that the company’s board of directors will meet on January 17, 2022 to consider raising funds through the preferential issuance of shares. In a regulatory filing, Nazara Technologies said the board of directors will meet on Monday, January 17, 2022 to consider and approve the issuance of shares …

Bajaj Finance rose 2.32% to Rs 7,847 after the company said its board would also consider raising funds through debt issuance/issuance of non-convertible debentures. On the same day, the board will also review the unaudited financial results for the three and nine months ended December 31, 2021. Bajaj Finance is engaged …

Chief executive Ravinder Takkar said on Wednesday that the government would not be involved in the management of the company and that the articles of association had been amended to grant voting rights to shareholders holding more than 13% stake in the company, allowing promoters to participate in decision-making even if their share falls below …

RPSG Ventures rose 1.74% to Rs 770.40 after the company said its board would consider the fundraising proposal on January 13, 2022. The funds would be raised by the issue of one or more instruments/securities including shares, convertible securities of any description or warrants or debt securities, by preferential issue on a private …

Ugro Capital announced on Monday that the company’s board of directors will meet on Thursday, January 13, 2022 to consider fundraising. In a publicly filed document, the company said, the board’s investment and borrowing committee meeting is expected to be held on Thursday, January 13, 2022 to review and approve the fundraising through the issuance …

KOCHI: At a time when the new council of Cochin society celebrates its first anniversary, civic body falters with lack of funds. According to opposition advisers, the financial situation of the corporation is very pitiful. “To cover administrative expenses only, the company needs around 13 crore rupees per month, while its income is only 10 …

Aether Industries has filed draft documents with SEBI to raise funds via the IPO route New Delhi: Aether Industries, a specialty chemicals company, has filed its preliminary prospectus with the Securities and Exchange Board of India (SEBI) for raising Rs 1,000 crore through the initial public offering (IPO) route. The public issue consists of a …

Inox Wind Energy announced on Monday that the company’s board of directors at its meeting had approved raising Rs 90 crore on a preferential issue basis. The company will issue and allot up to 10,62,574 convertible warrants at an issue price of Rs 847 per warrant, with a right for warrant holders to apply for …

Sixty-three companies raised Rs 1.19 trillion through initial public offerings (IPOs) in calendar year 2021 – a record for any year. This is nearly 4.5 times the Rs 26,613 crore raised thanks to 15 IPOs in 2020 and almost double the previous best of Rs 68,827 crore raised in 2017, according to the PRIME database. …

Sixty-three companies raised Rs 1.19 trillion through Initial Public Offerings (IPOs) in calendar year 2021 – a record for any year. This is nearly 4.5 times the Rs 26,613 crore raised thanks to 15 IPOs in 2020 and almost double the previous best of Rs 68,827 crore raised in 2017, according to the PRIME database. …

Sixty-three Indian companies hit a record Rs 1.18 lakh crore thanks to the IPOs of the motherboard during the 2021 calendar. This was nearly 4.5 times the Rs crore raised by 15 IPOs in 2020 and almost double the previous best of 2017, in which Rs 68,827 crore was raised. Key highlights were the IPOs …

Yes Bank said its board will meet on Tuesday, December 21, 2021 to review fundraising plans. Funds would be raised through the issuance of shares/certificates of deposit/convertible bonds/debentures/warrants/any other equity related securities. Yes Bank is a full-service commercial bank offering a comprehensive range of technology-driven digital products, services and offerings aimed at businesses, MSMEs and …

Godrej Fund Management (GFM), the real estate private equity arm of the Godrej Group, said on Wednesday it had raised $ 500 million (Rs 3,800 crore) for the development of high-end office assets. The company has announced the final closure of its US $ 500 million office development fund, GBTC II. “GFM will develop Class …

Deepak Nitrite announced on Tuesday that the company’s board of directors will meet on December 22, 2021 to consider raising funds. In an exchange filing, Deepak Nitrite said that a meeting of the company’s board of directors is scheduled to be held on Wednesday, December 22, 2021 to consider raising funds through the issuance of …

Raymond announced on Monday that the company’s board of directors will meet on December 17, 2021 to consider raising funds. In an exchange filing, Raymond said, a meeting of the directors’ committee of the company’s board of directors will be held on Friday, December 17, 2021 to consider and approve the issuance of non-convertible debentures …

Ugro Capital announced on Wednesday that the company’s board of directors will meet on Saturday, December 11 to consider a fundraiser. In an exchange document released on Sunday, Ugro Capital said: The Board of Directors’ Investment and Lending Committee meeting is scheduled to be held on Saturday, December 11, 2021 to review and approve the …

During the meeting of December 06, 2021 The Board of Directors of Satin Creditcare Network, at its meeting on December 6, 2021, approved the increase in the company’s authorized share capital to Rs 180 crore comprising 10.50 crore equity shares of Rs 10 each and 7.50 crore of preferred shares of Rs 10 …

During the meeting of December 06, 2021 Inox Wind announced that the board of directors of the company’s subsidiary, Inox Green Energy Services, at its meeting on December 06, 2021, approved the fundraising, subject to the receipt of required approvals, including the shareholder approval, market conditions and other considerations, through an initial public offering of …

The Board of Directors of GSS Infotech Ltd has approved the issuance of 28,000,000 convertible warrants to promoters and non-promoters (“proposed warrant holders”) at a price of Rs. 107 / – per warrants. convertible subscription with the right to the holder of warrants to request and be allocated 1 (one) share of capital of the …

Vijay C Roy Tribune press service Chandigarh, November 24 Despite the pandemic and ecosystem constraints in the northern region, the flow of transactions drives the startup community. Over the past few months, they have not only been successful in attracting investors, but also successful buyouts. The latest to join the fundraising movement is Grainpad (P) …

TVS Motor Company jumped 9.32% to Rs 778.55 after media reported the company was in talks to raise funds for its electric vehicle (EV) subsidiary. Media reported that TVS Motor is in talks with a handful of global private equity investors to raise $ 300-500 million (Rs 2,220-3,700 crore) for its electric vehicle subsidiary at …

Sobha shares climbed 11% to Rs 962.50 on BSE in intraday trading on Wednesday amid large volumes after the property developer announced a plan to raise funds through the issue of unlisted secured non-convertible redeemable bonds on the basis of a private placement. In the past four trading days, the stock has risen 27% from …

Zen Technologies hit a 5% higher circuit at Rs 215.60 after the company announced that its board of directors would meet on Saturday, October 16, 2021 to review fundraising plans. The announcement was made after market hours yesterday. Zen Technologies designs, develops and manufactures combat training solutions for training defense and security forces. It actively …

Several IPOs this year have seen PE or VC shareholders offer shares, including companies like Indigo Paints, Home First Finance Company, Stove Kraft, Craftsman Automation, Nazara Technologies, Suryoday Small Finance Bank, Barbeque Nation Hospitality, Krishna Institute of Medical Sciences, GR Infraprojects and Rolex rings. In addition, some of these public offers included an OFS component …

India’s Comptroller and Auditor General (CAG) report for the fiscal year ended March 2020 identified major failures in higher education in Tamil Nadu. Among the failures is the low or no research output of many university departments. The audit found that the University of Madras embezzled funds intended for research and development. These funds were …

Despite a sharp drop in revenue in fiscal 2021, Lemon Tree Hotels is avoiding availing its two pre-approved fundraising options – the second tranche of Rs 125 crore from the Dutch pension fund APG and the Rs 150 crore rights issue for now. It also plans to add around 2,000 rooms by 2023, which will …

Tourism Finance Corporation of India gained 2.85% to Rs 66.70 after the company announced that its board of directors would meet on September 3, 2021 to consider fundraising. The company proposes to raise funds by issuing one or more instruments, transferable securities, including capital shares, convertible / non-convertible preferred shares, convertible securities of any kind …

Godrej Fund Management, the real estate-focused private equity arm of Godrej Group, has purchased a plot of land, with development potential of 1 million square feet, in urban Bengaluru from a property developer in the As part of a deal valued at around Rs 700 crore, people with first-hand knowledge of the development said. The …

Godrej Fund Management, the real estate private equity arm of Godrej Group, plans to boost its portfolio of pan-India office projects to over $3 billion or Rs 22,000 crore by 2023 as it rolls out a strategy to make this portfolio public through a real estate investment. Trust (REIT) or hold these assets through a …

Godrej Fund Management, the real estate private equity arm of Godrej Group, has completed the first closing of a $500 million or Rs 3,700 crore office development platform, GBTC II in partnership with Dutch company APG Asset Management NV, the main investor of the platform. Under this platform, Godrej Fund Management will have the capacity …

The Pension Funds Regulatory and Development Authority (PFRDA) has raised the cap on fund management fees to attract more companies in the sector and maintain long-term returns. It has already issued a request for proposals (RFP) for pension fund managers. All seven existing companies as well as new ones can apply. …