Monday, December 23

Tag: IPO raisings

Sea Food Market Shares: The Latest Profitable And Lucrative Sphere To Invest In
6Mar By NitishNo Comments
Market

Sea Food Market Shares: The Latest Profitable And Lucrative Sphere To Invest In

The recent news of the drafting of the massive IPO of 900 million, at the SEBI by the leading seafood exporter Devi Sea Foods has stirred the market. The listing of equity shares will help to improve its brand image and provide liquidity to its existing shareholders. The company, which had its advent in 1992, will have the leading companies Axis Capital, ICICI Securities, and the Kotak Mahindra Bank will look after its public offerings. The company’s promoters are P Brahmanandam, P Suryavathi, P Rama Devi and N Naveena as per the information by the SEBI. Well, this is not the first and obviously the last time the sea business has to show its potential to expand in the market business to expand on. One of the leading exporters of aqua foods, Apex Frozen Foods, which was incorporated in 1...
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IPOs Raise Record Rs 27,000 Cr In Apr-Sep This Year
3Oct By Press Trust of IndiaNo Comments
BUSINESS

IPOs Raise Record Rs 27,000 Cr In Apr-Sep This Year

Indian companies raised a record close to Rs 27,000 crore through initial public offerings in the first half of the current fiscal and an impressive pipeline is already in place for coming months. "Besides, over a dozen firms, including New India Assurance Company, Reliance Nippon Life Asset Management and HDFC Standard Life Insurance Company, have lined up their IPOs to raise funds totalling Rs 35,000 crore in coming months," Dinesh Rohira, founder and CEO at 5nance.com, said. Adding to the depth of the IPO market, companies from diverse sectors like insurance, healthcare, education, bank, cable TV and shipping have made their way to the IPO space during the period under review. According to the latest data compiled from stock exchanges, 19 companies garnered over Rs 26,720 crore thr...
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