Finance min to encourage greater retail participation

THE ECONOMIC TIMES Thu, May 29, 2014 | 10:04 AM IST IPO Newsletter

Finance min to encourage greater retail participation Finance min to encourage greater retail participation Government plans to offer tax breaks, a bigger share for retail investors in IPOs & share sale of PSUs to encourage greater retail participation. FinMin for divestment via follow-on offers in PSUs FinMin for divestment via follow-on offers in PSUs Finance ministry officials have proposed divestment through follow-on offers and open offer for sale to increase the market float of state-run companies. Manpasand Beverages plans IPO next year Manpasand Beverages plans IPO next year Promoted by first generation entrepreneur Dhirendra Singh, Vadodara-based Manpasand could raise over Rs 300-400 crore in the issue. Bharat Business Channel Ltd to float IPO any time Bharat Business Channel Ltd to float IPO any time Bharat Business Channel Limited, the DTH arm of Videocon group, would come with an initial public offer any time, a top official of the company said. SKS Microfin’s Rs 400 cr QIP issue oversubscribed SKS Microfin’s Rs 400 cr QIP issue oversubscribed The main investors in the placement included CLSA Mauritius, IDFC Mutual Fund, Birla MF, ICICI Prudential MF, Fidelity group and Amansa Capital.

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

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