L&T Finance Holdings IPO Price Band has been fixed at Rs.51/- to Rs.59/- per equity share. The issue opens for subscription from Wednesday, July 27, 2011

JM Financial Consultants Private Limited, Citigroup Global Markets India Private Limited and HSBC Securities and Capital Markets (India) Private Limited are the joint global co-ordinators as well as Book Running Lead Managers to the Issue. Barclays Securities (India) Private Limited and Credit Suisse Securities (India) Private Limited too are book running lead managers. Equirus Capital Private Limited is the co-book running lead manager

L&T Finance Holdings is a subsidiary of engineering and construction giant Larsen and Toubro Limited

Inventure Growth and Securities, a broking firm, has launched its Initial Public Offer (IPO) of 70 lakh Equity Shares from today. The IPO would remain open for subscription till Friday, July 22, 2011

The Equity Shares are offered in a Price Band of Rs.100/- to Rs.117/- per equity share. Stay tuned to Indian IPO Blog for the latest updates on Inventure Growth and Securities IPO!

L&T Finance Holdings IPO has received an IPO Grade 5/5 (Five out of Five Rating) from credit rating agency CARE. CARE assigns IPO grading on a scale of IPO Grade 1 to IPO Grade 5, with IPO Grade 5 indicating strong fundamentals and IPO Grade 1 indicating poor fundamentals. An IPO Grade 5/5 from CARE indicates "Strong Fundamentals"

The grading reflects strong consolidated financial position, comfortable liquidity position with strong resource raising ability and good asset quality of its subsidiaries. L&T Finance is a financial holding company offering a diverse range of financial products and services across the corporate, retail and infrastructure finance sectors, as well as mutual fund products and investment management services, through its direct and indirect wholly-owned subsidiaries.

The company intends to use the proceeds of the issue to augment the capital base of L&T Finance and L&T Infra to meet the capital requirements arising out of expected growth in their assets, primarily the loan portfolio, and for other general corporate purposes. JM Financial, Citigroup and HSBC are among the book running lead manager to the issue

The price band for the upcoming IPO of Inventure Growth and Securities Limited is fixed at Rs.100/- to Rs.117/- per equity share, for each share having a Face Value of Rs.10/- each. The issue opens for subscription for all bidders on July 20, 2011 and closes on July 22, 2011

Inventure Growth and Securities Limited offers a host of services under one roof such as trading services in equity-cash and derivatives market, PMS, debt market and currency futures segment. The company has membership in the cash and derivatives segment of both BSE and NSE, currency futures segment of NSE, MCX-SX and wholesale debt market segment of BSE and NSE

Stay tuned for the latest updates on Inventure Growth and Securities Limited IPO!

The Initial Public Offer (IPO) of L&T Finance Holdings Limited would open for subscription from Wednesday, July 27, 2011. The offer will be open for anchor investors on Tuesday, July 26, 2011

L&T Finance is the holding company for the financial services business of the group and operates through four units that manage the mutual fund, asset financing, infrastructure financing and working capital funding businesses

Stay tuned to Indian IPO Blog for the latest updates on L&T Finance IPO!

Bharatiya Global IPO, which closed for subscription yesterday on Thursday, July 14, 2011, has received no subscription from the QIB Investors, although the IPO did manage to scrape through and got subscribed 2.06 times on an overall basis

The category of HNI was subscribed 1.94 times, but it was the Retail Category that dragged the IPO through, the IPO garnering 5.06 times subscription in the Retail Category. The IPO was rated with an IPO Grade 2/5 by credit rating agency CARE

Bharatiya Global Infomedia Ltd (BGIL) is a technology based company engaged in the business of Information Technology Based Solutions-RFID & Smart Card and Digital Post Production Studio