Weibo Corp IPO could value firm at about $1.66 bn

THE ECONOMIC TIMES Fri, Apr 11, 2014 | 10:02 AM IST IPO Newsletter

Weibo Corp IPO could value firm at about $1.66 bn Weibo Corp IPO could value firm at about $1.66 bn Weibo Corp said it expected its initial public offering of 20 million American Depository Shares valuing the firm at about $1.66 billion. NCC to raise Rs 650 crore through rights issue NCC to raise Rs 650 crore through rights issue Infrastructure firm NCC Ltd said its Board of Directors has approved raising up to Rs 650 crore through Rights Issue of equity shares. IL&FS Engineering files for Rs 300-cr rights issue IL&FS Engineering files for Rs 300-cr rights issue IL&FS Engineering and Construction plans to utilise the funds from the issue towards redemption of preference shares, repayment/pre-payment of certain loans. Cos garner Rs 1,205 crore via IPO in FY14 Cos garner Rs 1,205 crore via IPO in FY14 Indian cos have raised a meagre Rs 1,205 cr through initial share sale in the past financial year but IPO market may see a revival in the current fiscal. LVB seeks Sebi nod for Rs 505-cr rights issue LVB seeks Sebi nod for Rs 505-cr rights issue Under the rights issue, shares are issued to existing investors of an entity as per their holding at pre-determined price and ratio.

Company Name Issue Size Status Date of Relevance Volume   Wonderla Holidays Ltd. 634375000.00 Upcoming 21/04/2014 to 23/04/2014 115-125 Loha Ispaat Ltd. 1233793022.00 Close 11/03/2014 to 25/03/2014 77.00 Maiam Global Foods Ltd. 55800000.00 Close 20/02/2014 to 28/02/2014 62.00 Engineers India Ltd. 1742667150.00 Close 06/02/2014 to 12/02/2014 150.00

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