Indian IPO Blog: Upcoming IPO in 2016
Showing posts with label Upcoming IPO in 2016. Show all posts
Showing posts with label Upcoming IPO in 2016. Show all posts

Thursday, December 15, 2016

CDSL to come up with an IPO

December 15, 2016
CDSL to come up with an IPO
After BSE and NSE, now Central Depository Services Limited (CDSL) is planning to come up with an IPO. The issue would be entirely a stake sale by BSE and HDFC Bank and some other banks. BSE currently owns 50 per cent stake in CDSL and will dilute around 26 per cent in the IPO

Central Depository Services Limited (CDSL), is the second Indian central securities depository based in Mumbai. Its main function is the holding securities either in certificated or uncertificated (dematerialized) form, to enable book entry transfer of securities

CDSL is promoted by Bombay Stock Exchange Limited (BSE) jointly with State Bank of India, Bank of India, Bank of Baroda, HDFC Bank, Standard Chartered Bank, Axis Bank and Union Bank of India. According to the Securities and Exchange Board of India's (Sebi's) regulations, no stock exchange can own more than 24 per cent stake in a MII. The deadline for BSE to bring down its holding in CDSL ends on March 31, 2017. Sources said CDSL is aiming to launch its IPO before the deadline.

Wednesday, December 14, 2016

National Stock Exchange (NSE) to file DHRP on Dec 20

December 14, 2016
National Stock Exchange (NSE) to file DHRP on Dec 20
National Stock Exchange (NSE) chairman Ashok Chawla said today on Wednesday, December 14, 2016 that the exchange plans to file a Draft Red Herring Prospectus (DRHP) with regulator by December 20 for its long-awaited initial public offering. "The process for filing the DRHP is absolutely on track," Chawla told ET Now in an interview

NSE’s offering would be the largest IPO in the country since Coal India Ltd.’s 2010 share sale, which raised 154.8 billion rupees, according to data compiled by Bloomberg

The National Stock Exchange of India Limited(NSE) is the leading stock exchange of India, located in Mumbai.NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.



Sunday, December 11, 2016

NSE IPO: Why did IFCI share price sky rocketed on Friday?

December 11, 2016
NSE IPO: Why did IFCI share price sky rocketed on Friday?
The shares of IFCI Limited witnessed a sharp spike on Friday with the share closing as high as 16.42% up as compared to previous close. The counter which opened at Rs.23.40 reached an intra-day high of Rs.27.60 and closed at Rs.27.30 on a hefty turnover. Shares of IDBI Bank as well as SBI were up around 4% and 2.5% on the same day

Apparently, this movement was on the back of news that National Stock Exchange of India (NSE) is planning to come up with a gigantic IPO of about 100 billion rupees ($1.5 billion), which may be the country’s biggest listing in more than six years.

Among the listed entities on the exchange, State Bank of India has holding of 5.19%, whereas IFCI has holding of around 3% in NSE. Besides, IDBI Bank also holds close to 1.5% stake in the exchange. On June 30 and July 1, IFCI had made divestment to the extent of 2.25 lakh equity shares of National Stock Exchange at Rs.3,950 per equity share

Update: NSE files DRHP with SEBI: http://www.indianipoblog.in/2016/12/nse-files-drhp-for-ipo-with-sebi.html?m=1

National Stock Exchange (NSE) plans a gigantic IPO

December 11, 2016
National Stock Exchange (NSE) plans a gigantic IPO
According to Economic times, National Stock Exchange of India Ltd. plans to file a draft prospectus this month for an initial public offering of about 100 billion rupees ($1.5 billion), which may be the nation’s biggest listing in more than six years

NSE’s offering would be the largest IPO in the country since Coal India Ltd.’s 2010 share sale, which raised 154.8 billion rupees, according to data compiled by Bloomberg

The National Stock Exchange of India Limited(NSE) is the leading stock exchange of India, located in Mumbai.NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country.

National Stock Exchange has a total market capitalization of more than US$1.41 trillion, making it the world's 12th largest stock exchange as of March 2016. NSE's flagship index, the NIFTY 50, the 51 stock index (50 companies with 51 securities inclusive of DVR), is used extensively by investors in India and around the world as a barometer of the Indian capital markets

Music Broadcast Limited to come up with an IPO

December 11, 2016
Music Broadcast Limited to come up with an IPO
Music Broadcast Limited, a subsidiary of Jagran Prakashan Limited, is planning to hit the markets soon with an IPO of upto Rs.4000 million and an offer for sale upto 26,58,518 equity shares

Jagran Prakashan Ltd had last month informed BSE that the companys subsidiary, MBL has filed its draft red herring prospectus with the Securities and Exchange Board of India on November 28, 2016 in order to undertake an Initial Public Offer IPO)

The IPO will comprise of a fresh issue aggregating upto Rs.4,000 million and an offer for sale of upto 2,658,518 equity shares by certain existing shareholders of MBL. JPL is not selling any of its shareholding in MBL under the offer for sale portion

Music Broadcast Limited owns and operates FM radio stations in multiple cities in the country. The company’s radio stations deliver film, non-film, devotional, regional, and international songs, as well as radio jockey hosted shows in Hindi, Tamil, Kannada, Malayalam, and Telugu languages. It also operates an online portal that streams Internet radio, live RJ hosted shows, news, videos, properties, scoops on celebrities, and other programs. The company was founded in 1999 and is based in Mumbai, India

Thursday, December 8, 2016

List of Upcoming IPOs

December 08, 2016
List of Upcoming IPOs
Given below is the list of all Upcoming IPOs in the Indian primary stock markets. The list would be updated regularly to provide a ready tracker for all forthcoming IPOs that are about to hit the markets

Bombay Stock Exchange (BSE) IPO
The Bombay Stock Exchange (BSE) is an Indian stock exchange located at Dalal Street, Kala Ghoda, Mumbai (formerly Bombay), Maharashtra, India. Established in 1875, the BSE is Asia’s first stock exchange. It claims to be the world's fastest stock exchange, with a median trade speed of 6 microseconds. The BSE is the world's 11th largest stock exchange with an overall market capitalization of $1.43 Trillion as of March, 2016. More than 5500 companies are publicly listed on the BSE (Click here for more on BSE IPO)

National Stock Exchange (NSE) IPO

The National Stock Exchange of India Limited (NSE) is the leading stock exchange of India, located in Mumbai.NSE was established in 1992 as the first demutualized electronic exchange in the country. NSE was the first exchange in the country to provide a modern, fully automated screen-based electronic trading system which offered easy trading facility to the investors spread across the length and breadth of the country. National Stock Exchange has a total market capitalization of more than US$1.41 trillion, making it the world’s 12th-largest stock exchange as of March 2016. (Click here for all posts on NSE IPO)

Music Broadcast IPO

Music Broadcast Limited owns and operates FM radio stations in multiple cities in the country. The company’s radio stations deliver film, non-film, devotional, regional, and international songs, as well as radio jockey hosted shows in Hindi, Tamil, Kannada, Malayalam, and Telugu languages. It also operates an online portal that streams Internet radio, live RJ hosted shows, news, videos, properties, scoops on celebrities, and other programs. The company was founded in 1999 and is based in Mumbai, India


Continental Warehousing Corporation IPO

Continental Warehousing Corporation (Nhava Seva) Limited provides warehousing services. The Company provides transporting, lashing, chocking, palletisation, and cargo handling services. Continental Warehousing (Nhava Seva) operates in India and has corporate office situated in Mumbai