Narayana Hrudayalaya raises $27m from Singapore’s GIC, other anchor investors ahead of IPO

Posted by & filed under Deals & Investment

Healthcare firm Narayana Hrudayalaya Ltd on Wednesday raised nearly $27 million (Rs.184 crore) through anchor investors ahead of its initial public offering (IPO) on Thursday. The anchor book is that portion of the IPO which bankers allot to institutional investors on a discretionary basis. Anchor book subscription opens one day… Read more »

India: Narayana Hrudayalaya, Sandhar Technologies file draft IPO papers

Posted by & filed under IPOs & Markets

Devi Shetty’s healthcare firm Narayana Hrudayalaya Ltd and Delhi-based auto components manufacturer Sandhar Technologies Ltd on Tuesday filed their draft initial public offering (IPO) papers with the markets regulator. Including these firms, 33 firms have filed for an IPO so far this year. According to the draft filing of Narayana… Read more »

Indian companies VLCC, Parag Milk, Narayana Hrudayalaya may file for IPO this month

Posted by & filed under IPOs & Markets

At least three companies—Parag Milk Foods Pvt. Ltd, VLCC Health Care Ltd and Narayana Hrudayalaya Ltd—are expected to file draft initial public offer (IPO) papers with capital markets regulator Securities and Exchange Board of India (Sebi) before the end of September, according to four people aware of the development, who… Read more »

India M&A April 2017

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M&A April 2017 AcquirerAcquireeSellerValueSectorStakeLocationDate Motilal Oswal Financial Services LtdMAS Financial Services Ltd-$20.8MNBFC9.07%Ahmedabad04/02/2017BCCLFuture Retail-$16MConsumer0.87%Mumbai04/03/2017Capital Square PartnersBPO businessEssar Group-IT–04/03/2017Cipla LtdAnmarate Pty Ltd-$1.8MPharma-South Africa04/03/2017-Speciality Restaurants LtdSAIF Partners India Ltd$3.1MConsumer4.90%Mumbai04/03/2017Mathew CyriacGokaldas ExportsBlackstone$9MApparel Manufacturer39.96%Bangalore04/04/2017Public Pension Capital (PPC), FiveW Capital, Viteos ManagementViteos Fund Services–Finance-Bangalore/US04/05/2017-Kajaria Ceramics LtdWestbridge Capital$37MManufacturing2%Delhi04/07/2017Phonenix Mills MallJM Financial Asset Reconstruction Company$36.5MReal Estate-Indore04/08/2017DesiredWingsCatapooolt–Consumer Internet-Mumbai04/10/2017True North… Read more »