Companies make open offers worth Rs 8,300 cr in Jan; highest in 6 yrs

Last Updated: Sunday, March 10, 2013, 13:09

Companies made open offers worth over Rs 8,300 crore in January to buy shares from the public investors -- highest in a month in nearly six years.

Use your account in other banks for ASBA: Sebi tells banks

Last Updated: Thursday, January 3, 2013, 19:15

Market regulator Sebi on Thursday asked the banks providing ASBA (Application Supported by Blocked Amount) facility for public offers to use their accounts in other registered banks while making their own applications.

‘Rs 36,253 cr raised via public equity mkts in 2012'

Last Updated: Monday, December 31, 2012, 19:04

These offers accounted for as much as 66 percent of the total amount raised. For investors, these sales are substantially risk-free as these are from already listed companies and are at a discount to the market price, said PRIME Database.

Pakistan offers amnesty to banned outfits

Last Updated: Tuesday, November 27, 2012, 16:41

Pakistan will give a general amnesty to all banned groups, including the Pak Taliban, if they give up terrorism, Interior Minister Rehman Malik said.

IIM-Lucknow students bag over 550 job offers

Last Updated: Friday, November 9, 2012, 17:52

IIM-Lucknow set a record in the just concluded campus placement drive with its batch of 453 students bagging over 500 job offers from more than 220 companies.

Sebi bars two merchant banks from taking up new public offers

Last Updated: Friday, September 7, 2012, 21:15

Sebi on Friday barred two merchant banks and some of their senior executives from taking up new assignments related to public offers, after finding them guilty in irregularities related to IPOs of Taksheel Solutions and RDB Rasayans in 2011.

SEBI favours shorter IPO bidding period, faster listing

Last Updated: Wednesday, August 29, 2012, 14:02

Capital Market regulator SEBI will soon ask companies seeking to raise funds through Initial Public Offers (IPOs) to complete the bidding process within a maximum five days and get listed in another five days.

Sebi to consider 'safety net' for IPO investors next month

Last Updated: Sunday, August 19, 2012, 12:19

Market regulator Sebi will consider next month providing capital protection to part of investments made by very small investors in IPOs (initial public offers), although the move is being opposed by investment bankers and certain other sections of the industry.

Sebi plans stricter monitoring for usage of IPO funds

Last Updated: Thursday, August 16, 2012, 21:00

With an aim to safeguard investors' interest in Initial Public Offers, Sebi on Thursday said it will put in place additional mechanism for monitoring the usage of funds and the companies would not be allowed to utilise over more 25 percent of proceeds for 'general corporate purposes'.

Odisha issues advisory against fictitious offers

Last Updated: Monday, June 25, 2012, 20:27

Odisha govt asked people not to entertain the hoax banking and fraudulent offers by e-mail, SMS and others pertaining to lottery or windfall payment.

Funds through IPOs slump 82% to Rs 5,800 crore in 2011-12

Last Updated: Wednesday, April 4, 2012, 17:13

Indian companies raised a total of Rs 5,800 crore during the last fiscal 2011-12 through Initial Public Offers (IPOs) -- a slump of 82 per cent from the previous year.

Merchant bankers start disclosing IPO track-record

Last Updated: Monday, February 20, 2012, 14:31

In a move aimed at helping investors take an informed decision on Initial Public Offers, the merchant bankers have begun disclosing the performance record of the IPOs managed by them in the past.