Odisha-based Ortel planning to raise up to Rs 270 cr and will launch IPO on March 3
The firm plans to issue 2.03 crore shares including 20 lakh shares offered for sale by the promoter, Thrill Park Ltd
Most of the companies plan to utilise IPO proceeds for capacity expansion as well as working capital requirements
Public issue, priced between Rs 181 and Rs 200 per share, will remain open till March 5
The IPO is expected to collect at least Rs 300 cr and would be opened during the April-June period
Plans to utilize the proceeds from the IPO to strengthen capital base and for developmental purposes
Mahanagar Gas Ltd, a natural gas distributor in India, is looking to raise around Rs 800 crore in a stock market listing in the first quarter of 2015, three sources involved in the process said
The public offer of NCML Industries failed to catch investors' fancy despite extension of the issue closure date
For the first time after 2010, more than Rs 30,000 crore is expected to be raised through such offers, with the capital markets having revived
Feedback sought on making ASBA mandatory for retail investors
Company forced to slash price between 10-33%; closing extended by a week
Snowman Logistics and Wonderla Holidays are the biggest gainers in terms of returns
File their Draft Red Herring Prospectus with market regulator to launch IPO
Access to secondary market could, however, continue; Sebi discusses issue, likely to soon propose new policy guidelines
Currently, about 16 offer documents are filed with the market regulator
The 5.4-million share offering by the apparel company received 24.9 million bids worth Rs 15,000 cr
The apparel maker Monte Carlo is selling 5.4 million shares in its IPO in the price range of Rs 630 to Rs 645 apiece
Fund raised through IPOs in 2014 lowest in more than a decade
The plan is to raise Rs 750 cr according to the draft documents