The companies are: Pennar Engineered Building Systems, Shree Pushkar Chemicals & Fertilisers and Navkar Corp
It's the only company in the e-commerce space to stay away from external funding and it is also cash positive
The company files a DRHP today as part of the plan
19 companies have got green light from market regulator Sebi to launch their Initial Public Offers
The issue opens on Aug 25 and closes on Aug 27
Sebi doesn't disclose the nature or details of the clarification it asks on IPOs
Sebi issued its final observations on the draft offer documents on August 14
Analysts say it is a normal exercise for a company to indulge in branding exercise before it goes for a public offering
In comparison, six SMEs had launched their IPO and raised a total of Rs 63 crore through these issues during the April-June 2014-15 period, said Sebi
Nearly 3 mn share-offering saw bids for nearly 114 mn shares
Diamond Power Transformers will be listed on the SME Exchange
Sebi yet to receive clarification from Indigo on their IPO plans
A sound business model, strong order book, increasing share of maintenance business provide comfort
Bidding for 4.27 mn shares closes Aug 11; Power Mech is tenth firm to hit capital markets this year
IndiGo is one of the two profit-making domestic airlines
Company has priced its issue in the range between Rs 615 and Rs 640 per share
With this public offer, the company is expected to be valued at around Rs 15,000 crore
The IPO size came in at Rs 550 crore at the higher end of the price band, favoured largedly by HNIs and institutional investors