The offering has so far received bids for 103 million shares as against 18.8 million on offer
The offering on Wednesday received bids for 19.4 million shares as against 18.8 million on offer
HDFC AMC has been the most profitable asset management company in India in terms of net profit since FY13
TCNS' is a company that owns popular women's wear brand W
The company had dropped its IPO plans worth Rs 5-7 billion in 2016 due to demonetisation
Addressing shareholders on Tuesday, Ashok Leyland Chairman Dheeraj Hinduja said the future for Hinduja Leyland Finance was bright and the company was planning for an IPO this year
The IPO will value HDFC MF, which manages assets worth over Rs 3 trillion, at Rs 233 billion
According to bankers handling the issue, HDFC MF's IPO would be launched at a valuation of anywhere between Rs 270 billion and Rs 330 billion
Ircon might have to speed up this procedure and wind up its AGM by August to go for its listing in September
The 15.7-million share offering will open for subscription on July 18 and close on July 20
Many companies have opted the IPO route to give exit to their existing shareholders like private equity and venture capital firms
KKR offers to buy shares allotted to distributors
Average issue size also increased to over Rs 170 million during the period under review from Rs 130 mn in the first quarter of the preceding financial year (2017-18)
Value of its investment has compounded 1% annually since Jan 2010 as fund house slips behind peers
Respondents, which included PE and non-PE firms, name cash flow, return on equity as key financial factors in evaluating an IPO; brand strength, market position among non-financial factors
National SME recorded 42 listing accounting, contributing a mere 5% to the country's proceeds in the January-June period
The IPO, to raise a little over Rs 6 bn, received bids for 54,81,975 shares against the total issue size of 53,65,497 shares, data available with the NSE till 1245 hrs showed
The price band for the issue has set a price range of Rs 965 to Rs 967 a share
Fall due to ongoing correction in mid-caps
What makes it stand out for investors is its consistent growth in sales, margins and net profit, driven by strong demand from consumers