The company, which is developing a large township in 10,000 hectares in 'Lavasa' near Pune, is making a second attempt to raise money though IPO
The quantum of offer has not been finalised by the board of the bank
Company plans to enter the capital markets with a public issue of up to 30,940,000 equity shares
With these two firms, a total of nine cos have now filed draft papers with Sebi since beginning of 2014
Atishay Infotech and Aryaman Capital Markets, will come out with their initial share sale tomorrow
During intra-day trade, stock had jumped as much as 75% to Rs 274
Institutional investor category was subscribed 5.7 times
Shemaroo Entertainment's Rs 120 crore initial public offering (IPO) has received 27% subscription on day one
Alibaba and shareholders are offering over 32 crore American depositary shares, valuing the company at more than $160 billion
Investors have actually showed an appetite for good issues that have been priced attractively
The equity shares are being offered in the price band of Rs. 155-170/share at face value of Rs 10 each
Buoyed by the success of secondary market, IPO market set to see high action
Rule on profitability record has restricted participation in recent IPOs
It is not known yet how much money the company is planning to raise or how much stake will be divested
Company plans to sell 42 mn shares through IPO priced in range of Rs 44 and Rs 47 apiece
Three IPO documents were recorded after the new govt took charge - Adlabs, Lavasa Corp and Monte Carlo Fashions
Company plans to invest Rs 500 cr in India over next five years to scale up production both greenfield or brownfield expansion
Plans to raise Rs 750 cr; other realtors may follow