Govt may sell 10% stake in RINL in Sept-Oct IPO

THE ECONOMIC TIMES Fri, Jun 13, 2014 | 10:03 AM IST IPO Newsletter

Govt may sell 10% stake in RINL in Sept-Oct IPO Govt may sell 10% stake in RINL in Sept-Oct IPO The IPO of Rashtriya Ispat Nigam (RINL) may take place by October, with the government likely to sell a 10 per cent stake in the company. Idea raises Rs 3,750 crore from QIP, pref issue Idea raises Rs 3,750 crore from QIP, pref issue Idea in separate filings to the BSE said the securities allotment committee of the board of directors has approved issuance of up to 5.18 crore. Idea to allocate shares worth Rs 750-cr to Axiata Idea to allocate shares worth Rs 750-cr to Axiata The move comes close at the heels of closure of its placement of shares to institutions, so as to restore Axiata's stake to 19.9% which was diluted. Emcure Pharmaceuticals withdraws proposed IPO Emcure Pharmaceuticals withdraws proposed IPO The Pune-based pharma company had filed draft offer documents with the Securities and Exchange Board of India (Sebi) for the proposed IPO in June last year. Will IPO market revive with UTI AMC offering? Will IPO market revive with UTI AMC offering? In 2012-13, the UTI Asset Management Company reported a net profit of Rs 148.9 crore compared with Rs 134.1 crore in the year before.

Company Name Issue Size Status Date of Relevance Volume   Wonderla Holidays Ltd. 634375000.00 Close 21/04/2014 to 23/04/2014 125.00 Loha Ispaat Ltd. 1233793022.00 Close 11/03/2014 to 25/03/2014 77.00

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