The IPO lane is getting increasingly crowded as companies have lined up offers worth nearly Rs 9,000 crore in the current fiscal to fund their business expansion, meet working capital requirements and make loan repayment.
	Catholic Syrian Bank, AGS Transact Technologies, Shree Pushkar Chemicals and Fertilizers, Dilip Buildcon, S H Kelkar and Company, Amar Ujala and Navkar Corporation are among the ones that plan to launch share-sale offers in coming months.
	At present, 11 companies plan to raise Rs 5,010 crore and have secured approval of the Securities and Exchange Board of India (Sebi), Prime Database managing director Pranav Haldea said.
	Another 11 firms looking to mop up Rs 3,602 crore have filed draft documents with the capital market watchdog and are awaiting approval, he added.
     "However, there is no large issue on this list," Haldea said.
	According to experts, the IPO market is expected to see some activity in the current fiscal as a dozen companies filed their draft ...

Indian companies sing IPO tune, line up Rs 9,000-cr offers

Press Trust of India

Investment bankers say fund raising through IPOs could stand at Rs 10,000-20,000 crore

Will FY16 be the year of IPOs?

Business Standard

Shortlists three for CEO post; eyes 20% growth in FY15

Catholic Syrian Bank files for Rs 400-cr IPO

Close to a dozen companies filed IPO documents in March

IPO momentum set to get stronger

Catholic Syrian Bank has filed draft papers with capital markets regulator Sebi to raise up to Rs 400 crore through an initial public offer (IPO) to shore up its capital base.

Catholic Syrian Bank files paper with Sebi for Rs 400-cr IPO

Two firms, Sadbhav Infrastructure Projects and UFO Moviez India, have received capital markets regulator Sebi's approval to raise funds worth Rs 600 crore and Rs 750 crore respectively through Initial Public Offers.

Sadbhav Infra, UFO Moviez get Sebi nod for IPO

Sebi sets minimum investment size of Rs 10 lakh; minimum trading lot set at Rs 5 lakh

You may need Rs 10 lakhs to invest in a start-up IPO

BS Reporter

Fragrance maker S.H. Kelkar and Company, partly owned by Blackstone Group, has filed a draft prospectus with the regulator for an initial public offering that a banker directly involved in the process said would fetch around $100 million.

SH Kelkar files prospectus for IPO, seen at around $100 million

Reuters

The initial public offer of Inox Wind, an integrated wind energy firm, has been subscribed nearly 10 times by afternoon on the last day of the share sale today.

Inox Wind IPO subscribed nearly 10 times

Inox Wind IPO trading at a premium of Rs 70 per share

Grey market activity sees a pick up

The ~435-crore initial public offering (IPO) of amusement park operator Adlabs Entertainment managed to scrape through on the final day, helped by last-minute bids from institutional investors. The IPO was subscribed 1.1 times according to provisional data provided by the stock exchanges. The qualified institutional buyer (QIB) segment was subscribed 1.2 times and the retail segment was subscribed 1.4 times, while the wealthy investor category got only 70 per cent subscription. The lukewarm response was despite the Manmohan Shetty-promoted company cutting the IPO price by as much as 20 per cent. Adlabs has revised downward the price band at ~180 -215 a share versus earlier band of ~221-230 a share. The IPO was extended by three trading days as it was subscribed less than half on March 12, its earlier scheduled close. According to market players, investors were wary of the Adlabs offerings due to a lack of profitability track record, high debt and expensive valuations compared to its pe

Adlabs' IPO subscribed 1.1 times

The price band is between Rs 180 and Rs 215 per share

Adlabs' IPO subscribed 60% on day before close

Adlabs cuts price, extends closing after tepid response

The issue portion reserved for retail investors has already been fully subscribed

Adlabs lowers price band for IPO, extends issue closure date

Price band Rs 315-325 a share, with additional discount of Rs 15 per share to retail investors

Inox Wind to raise Rs 1k cr in biggest IPO since Dec12

Lukewarm response to two IPOs in 2015 has raised questions over investor participation

Adlabs IPO to test feeble primary market

The initial public offer (IPO) of regional cable TV services provider Ortel Communications was subscribed 0.30 times on the second day of the issue today.
     The IPO received bids for 28,40,925 shares against 94,42,575 shares on offer, reflecting a subscription of 0.30 times, data available with the NSE said.
     Ortel entered the capital market with a public issue of up to 1.2 crore equity shares of face value of Rs 10 each.
     The public issue of up to 1,20,00,000 equity shares include anchor portion of 25,57,425 equity shares.
     The issue is priced between Rs 181 and Rs 200.
     The issue will close on March 5.
     Qualified Institutional Buyers (QIBs) portion was subscribed 0.42 times and retail individual investors saw 0.09 times subscription.
     Proceeds of the issue would be utilised for expansion of the company's network for providing video, data and telephony services and general corporate purpose.
     The company is expected to mop up around Rs 240 crore at the .

Ortel Communications IPO subscribed 0.30 times on 2nd day

Cochin Shipyard IPOThe Union government has begun the groundwork for a public offer for its Cochin Shipyard Ltd (CSL), the country's largest shipbuilding and repair facility.The plan is for a sale of 33.9 million shares, a tenth of this being the government's. A draft note for the Cabinet, circulated by the ministry of shipping, says CSL would be issuing around 22.6 mn new shares, of Rs 10 each, to raise double the amount compared to the government.In the run-up to the Initial Public Offer, the government will out through a capital restructuring exercise, enhancing the authorised capital to Rs 250 crore, enabling the government to infuse Rs 120 crore. Currently, the authorised capital is Rs 130 crore.More, the company would be asked to issue bonus shares in keeping with guidelines of the department of public enterprises. The amount of these to be issued against the cash surplus has not been decided. Its latest annual financial report said the reserves and surplus amounted to Rs 1,239 c

Cochin Shipyard IPO: Govt to sell 10% stake

The company will sell 20 million shares, of which two million will be offer for sale by existing promoter Thrill Park

Adlabs' Rs 467-cr IPO to open on  March 10

The anchor investors include Axis Mutual Fund and ICICI Prudential Life Insurance

Ortel Comm raises Rs 46 crore from anchor investors

Odisha-based Ortel planning to raise up to Rs 270 cr and will launch IPO on March 3

IPO market set to come alive in March

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