RCom to raise Rs 4,300 cr from investors, promoters

THE ECONOMIC TIMES Wed, Jun 25, 2014 | 10:02 AM IST IPO Newsletter

RCom to raise Rs 4,300 cr from investors, promoters RCom to raise Rs 4,300 cr from investors, promoters The company's board of directors today passed a resolution authorising the opening of the QIP from June 24, RCom said in a BSE filing. RCom likely to launch up to $500 mn share sale RCom likely to launch up to $500 mn share sale Reliance Communications has plans to spend about 20 billion rupees on its network during the current financial year to March 2015. Thyrocare considering IPO to allow investors to exit Thyrocare considering IPO to allow investors to exit The company, which is being valued at around Rs 1,500 crore, will look at selling a stake of about 25-30% in the IPO. SAIL's 5% stake sale will fetch govt Rs 2,000 crore SAIL's 5% stake sale will fetch govt Rs 2,000 crore In the interim budget, the UPA government had kept the disinvestment target at Rs 36,925 crore, which is likely to be revised upward. Sebi attaches accounts in Edserv Softsystems IPO Sebi attaches accounts in Edserv Softsystems IPO Sebi has to recover Rs 21.34 lakh each from Rajesh Services Centre and Krishna Enterprises which includes penalties imposed on them as well as interests.

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

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