JSW Infrastructure has an installed cargo handling capacity of 153.43 million tonnes per annum (MTPA) for multi-commodity cargo including dry bulk, break bulk, liquid bulk, gases and containers
In SEBi's parlance, receiving an observation letter from the regulator implies it's go-ahead to float the initial share-sale
Currently, promoter and promoter group hold 66.70 per cent stake in the company and the rest is with public shareholders
Earlier, the company had filed its IPO papers with SEBI in September 2019 and had obtained the markets regulator approval in November 2019
The initial share-sale comprises fresh issuance of equity shares worth Rs 50 crore and an Offer For Sale (OFS) of Rs 690 crore, according to the Draft Red Herring Prospectus (DRHP) filed with Sebi on Friday
Earlier this month capital markets regulator SEBI had asked the company to refile the draft initial public offering (IPO) papers with certain updates
SEBI has become stricter in its approach while giving its go-ahead to IPOs after investors lost their money in some of the high-profile initial shares in 2021
Lava International had filed draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) in September 2021 to raise funds through an initial share-sale
The initial share-sale is purely a fresh issue of equity share with no Offer-For-Sale (OFS) component, according to the Draft Red Herring Prospectus (DRHP)
The IPO comprises fresh issue of equity shares worth up to Rs 202.50 crore and an offer-for-sale (OFS) of 57 lakh equity shares by its existing promoter group...
The move might delay the Gurugram-based hospitality unicorn's initial public offering (IPO)
Proceeds of the issue will be used to repay certain loans obtained by the Project SPVs (special purpose vehicles) and for general corporate purposes, according...
The IPO is a fresh issue of up to 1.01 crore equity shares by existing shareholders, according to the draft red herring prospectus (DRHP)
The IPO received bids for 14,30,715 shares against 1,28,00,000 shares on offer, according to NSE data
Snapdeal, which competes with Amazon and Flipkart, filed a request this week with the Securities and Exchange Board of India (Sebi) to withdraw its draft red...
The two companies filed their preliminary IPO papers with the capital markets regulator between August and September and obtained their observation letters...
The OFS comprises sale of up to 37 lakh equity shares by promoter Ramesh Kunhikannan and up to 35 lakh equity shares by existing shareholder Freny Firoze Irani
The IPO consists of a fresh issue of equity shares aggregating up to Rs 700 crore and an offer-for-sale (OFS) worth Rs 150 crore by promoters, according to...