EGoM clears 10% stake sale in Engineers India via FPO

THE ECONOMIC TIMES Fri, Jan 31, 2014 | 10:03 AM IST IPO Newsletter

EGoM clears 10% stake sale in Engineers India via FPO EGoM clears 10% stake sale in Engineers India via FPO A ministerial panel on disinvestment today approved the sale of a 10 per cent stake in Engineers India through a follow-on public offer (FPO) by the government. 'IPO grades no factor in investors' decision making' 'IPO grades no factor in investors' decision making' A large number of investors are not influenced by grades provided for IPOs, which led Sebi to do away with mandatory grading norms for initial public offerings. '13 IPO mkt weaker w/o Rs 335cr boost from SMEs '13 IPO mkt weaker w/o Rs 335cr boost from SMEs Top bourses BSE and NSE promoted Small and Medium Enterprise platforms in 2013 and as a result 35 small units hit the market raising Rs 335 crore. SBI gets shareholders' nod for Rs 11,500 cr QIP SBI gets shareholders' nod for Rs 11,500 cr QIP SBI has got shareholders' approval for raising up to Rs 11,500 crore by way of Qualified Institutional Placement or public offer. Haldia Petro to issue 51.2 cr fresh shares Haldia Petro to issue 51.2 cr fresh shares The board of loss-making Haldia Petrochemicals (HPL) has decided to issue 51.2 crore fresh equity shares at Rs 25.10 each through a rights issue.

Company Name Issue Size Status Date of Relevance Volume   Power Grid Corporation of India Ltd. 24697679220.00 Close 03/12/2013 to 06/12/2013 90.00

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