Cos made open offers worth Rs 45,412 cr in FY'14

THE ECONOMIC TIMES Tue, May 20, 2014 | 10:04 AM IST IPO Newsletter

Cos made open offers worth Rs 45,412 cr in FY'14 Cos made open offers worth Rs 45,412 cr in FY'14 Listed cos made open offers worth Rs 45,412 cr in 2013-14, highest in the past 6 years, with Hindustan Unilever accounting for the lion's share. Modi's huge win brings share offers back to table Modi's huge win brings share offers back to table Modi's win is set to trigger billions of dollars in share sales by Indian cos, but big-ticket IPOs may have to wait until the promised reforms are delivered. At least a dozen cos plan to launch public offers At least a dozen cos plan to launch public offers In the financial year ended March 31, just about Rs 1,205 crore was mobilised in the primary equity market through 38 issues, against Rs 6,497 crore in 2012-13 raised by 33 companies. Fund raising via rights issue drops 49%: Report Fund raising via rights issue drops 49%: Report Fund raising by Indian companies through rights issues plunged 49 per cent to Rs 4,573 crore in 2013-14, according to a report. Bharti Airtel to raise funds via overseas debt Bharti Airtel to raise funds via overseas debt The company did not divulge the size of the offering, but as reported earlier by ET, it was looking to raise as much as $2 billion throughout the year to refinance its existing debt and bring down its net finance costs.

Company Name Issue Size Status Date of Relevance Volume   Wonderla Holidays Ltd. 634375000.00 Close 21/04/2014 to 23/04/2014 125.00 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

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