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Hal Ipo

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LIC saves the day for Rs 4200 crore IPO of Hindustan Aeronautics

LIC's Rs 3,000 crore bid helped HAL reach the minimum 10 per cent dilution threshold required for listing, sources said Life Insurance Corporation of India (LIC) has saved the day for the Rs 4,200......

Govt to sell 15-20% stake in Railway arm

The government currently holds 87.40 per cent stake in IRCTC. To meet Sebi's public holding norm, it has to lower its stake in the company to 75 per cent. The government plans to sell about 15-20......

Why FPIs are staying away from defence IPOs

Several institutional investors were ineligible to invest in these companies as they failed to meet the disclosure norms The decision of Hindustan Aeronautics (HAL) and Bharat Dynamics, both......

5 companies get Sebi go-ahead for IPOs this year

The Securities and Exchange Board of India (Sebi) has given its go-ahead to five initial public offerings (IPOs), including those of Great Eastern Energy Corporation and Shemaroo Entertainment, so......

Bull run: Expect big IPOs in FY15 on pent up demand

Indian companies have raised a meagre Rs 1,205 crore (Rs 12.05 billion) through initial share sale in the past financial year but IPO market may see a revival in the current fiscal (2014-15)......

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