IPO market heats up; over 30 companies line up public offers

Last Updated: Sunday, June 28, 2015, 13:08

Heating up the IPO space, over 30 companies have lined up plans to raise funds totalling over Rs 20,000 crore through public offers, including big names like IndiGo, Cafe Coffee Day, Matrix Cellular and GVK Airport.

Askme plans $100-mn global expansion; to hire 500

Last Updated: Sunday, June 28, 2015, 12:37

Online firm Askme is looking to make an initial investment of USD 100 million to fund its domestic and overseas expansion plans and increase its headcount to around 2,500 people over the next 12 months.

Cafe Coffee Day files for $181 million IPO

Last Updated: Friday, June 26, 2015, 23:42

The firm behind Cafe Coffee Day, India`s biggest homegrown coffee chain, has filed a draft prospectus with regulators for an initial public offering (IPO) to raise as much as 11.5 billion rupees ($181 million).

Indigo likely to file papers for Rs 2,500-cr IPO next week

Last Updated: Friday, June 26, 2015, 23:35

Leading airline IndiGo is likely to soon approach market regulator Sebi with its IPO plan to raise an estimated Rs 2,500 crore.

Start-up IPOs: India Ratings talks of funds misuse risks

Last Updated: Thursday, June 25, 2015, 20:27

The recent decision of Sebi to ease the initial public offering (IPO) norms for start-ups is likely to pose a risk as the funds raised are liable to be misused, says a report.

Manpasand IPO subscribed 6% on Day 1

Last Updated: Wednesday, June 24, 2015, 19:55

The initial public offer of fruit drinks maker Manpasand Beverages was subscribed 6 per cent on the first day of the issue.

Sebi asks companies to keep IPO funds in banks till utilisation

Last Updated: Tuesday, June 23, 2015, 21:42

"In order to prevent misuse of funds during the interim period pending utilisation by the issuer, for funds raised through public/rights issue... The board decided that net issue proceeds pending utilisation shall be deposited only in the scheduled commercial banks," Sebi said in a statement issued after its board meeting.

SEBI makes IPOs cheque-free; unveils start-up listing norms

Last Updated: Tuesday, June 23, 2015, 21:33

The regulator also fast-tracked the process of raising funds for companies through IPOs by reducing the listing time by half to six days after the public offer.

Easier listing norms will benefit companies like us: Snapdeal

Last Updated: Tuesday, June 23, 2015, 21:26

Under the new norms approved by Sebi's board today, the stock exchanges would have a separate institutional trading platform for listing of start-ups from the new age sectors, including e-commerce firms, while the minimum investment requirement would be Rs 10 lakh.

Sebi streamlines IPO norms; halves listing time to six days

Last Updated: Tuesday, June 23, 2015, 18:34

To help investors and companies in IPOs, Sebi on Tuesday halved the listing time to six days from the date of the public offer and also allowed a larger number of firms to tap the "fast-track" route for raising funds.

Sebi clears S H Kelkar & Company's IPO plans

Last Updated: Monday, June 22, 2015, 18:53

Fragrance maker S H Kelkar & Company has received capital market regulator Sebi's approval to float an initial public offer (IPO), including issuance of fresh shares worth Rs 200 crore.