IPO norms eased for issuers while retail investors to hold bigger PSU pie

THE ECONOMIC TIMES Fri, Jun 20, 2014 | 10:03 AM IST IPO Newsletter

IPO norms eased for issuers while retail investors to hold bigger PSU pie IPO norms eased for issuers while retail investors to hold bigger PSU pie The regulator has also asked the government to lower its stake in state-owned companies to 75% versus the current 90% cap within three years, increasing the amount of shares that need to be held by the public. IndiGo plans to hit the IPO market by Q3 FY14: Sources IndiGo plans to hit the IPO market by Q3 FY14: Sources The airline's holding company, InterGlobe Aviation is gearing up to hit the capital market with a big-bang IPO by the third quarter of this financial year. Out of 201 IPOs since 2009, 117 cos below issue price Out of 201 IPOs since 2009, 117 cos below issue price According to an ETstudy, nearly 50 stocks are trading below 70-98% of the offer price, while another 30 companies are trading below 40-70%. Ratnakar Bank plans up to $250 mn IPO in 2015 Ratnakar Bank plans up to $250 mn IPO in 2015 Ratnakar Bank will issue new shares and some of the private equity investors will pare their holding in the share sale, said the sources. Tata Sons to raise funds via 10-yr bond at 9.30% Tata Sons to raise funds via 10-yr bond at 9.30% IDFC is the sole arranger. The book on both the tranches is about Rs 800 crore two of the sources said.

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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