Fund raising via rights issue drops 49%: Report

THE ECONOMIC TIMES Fri, May 16, 2014 | 09:55 AM IST IPO Newsletter

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. Snapdeal to go public in a year: Co-founder Bahl Snapdeal to go public in a year: Co-founder Bahl Bahl and Bansal started off in 2007 with Money Saver, a physical coupon book business that offered discounts to consumers across retail outlets. RBL Bank to raise 500 cr from IPO in Q4 FY15 RBL Bank to raise 500 cr from IPO in Q4 FY15 RBL Bank, formerly known as Ratnakar Bank has said it plans to raise a minimum Rs 500 cr via IPO in the fourth quarter of current financial year. Tata Power Rights Issue oversubscribed 1.96 times Tata Power Rights Issue oversubscribed 1.96 times Tata Power today said it has raised nearly Rs 2,000 crore by selling shares to existing shareholders for which it received nearly double the required bids.

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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