Sebi gives green signal to two IPOs

THE ECONOMIC TIMES Wed, Sep 18, 2013 | 10:01 AM IST IPO Newsletter

Sebi gives green signal to two IPOs Sebi gives green signal to two IPOs Market regulator Sebi has given nod to the proposed initial public offerings of two companies-- Advanced Enzyme Technologies and Intas Pharmaceuticals. Godrej Properties rights issue fully subscribed Godrej Properties rights issue fully subscribed The final confirmation and allotment process will be carried out over the next few days. Kotak Mahindra Capital Company was the sole Lead Manager. Govt to soon float Cabinet note for Power Grid FPO Govt to soon float Cabinet note for Power Grid FPO Calculated on the basis of current market price (Rs 99 apiece), the company is expected to mop up over Rs 4,100 crore through the FPO. Govt mulls allowing unlisted cos to launch IPOs Govt mulls allowing unlisted cos to launch IPOs The government is considering allowing unlisted companies to launch public offers in overseas markets and raise funds in foreign currency. 6 SMEs launch IPOs despite weak market trends 6 SMEs launch IPOs despite weak market trends Despite sluggish market conditions, six small and medium sized companies have launched their IPOs worth Rs 70 crore in the past one month.

Company Name Issue Size Status Date of Relevance Volume

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