Search Results for:Swaraj Singh Dhanjal

Shrimp exporter Nekkanti raises $30m in pre-IPO funding

The round is said to have been joined by Motilal Oswal and other prominent public markets investors such as New Horizon Investments, White Oak Capital and Madhusudan Kela.

HDFC’s mutual fund arm to launch $408m IPO next week

The HDFC AMC IPO is a pure offer for sale. HDFC is selling a 4% stake in the company, while Standard Life Investments is selling 8%.

Advent-backed ASK Group eyes $1b valuation in share sale

The IPO will largely be an offer for sale by private equity investor Advent. ASK might raise a small amount of fresh capital for business expansion.

India: Allcargo in talks with investors to raise $145m for logistics park

Allcargo has appointed investment bank Avendus Capital to advise it on the fundraise.

Temasek invests $1.5b in India in Q2, looks to further raise exposure

For Temasek, which recorded a net portfolio value of $235 billion for the year ended 31 March, the India portfolio stands at around $10 billion, with an average yearly investment of $1 billion in the last five years.

Apparel brand W parent TCNS targets to raise $163m in IPO, TA to pare stake

TA Associates is selling 11.27% stake that will fetch ₹495 crore at the upper end of the price band. TA Associates holds 40.6% in TCNS Clothing.

PE investments in India fall 29% in first half, exits show uptick: Bain & Co

Large investors such as sovereign wealth funds and pension funds also reported subdued activity in the first half of 2018 with a maximum of one to two deals each, a revision to the mean after a very active 2017, Bain said.

PNB, Carlyle Group to offload 51% stake in PNB Housing Finance

Selling the entire stake will fetch Punjab National Bank a little over ₹6,500 crore ($945 million), going by PNB Housing’s market capitalization of ₹19,957 crore on July 10.

Shankara Building Products targets to raise $44m through QIP

Major QIP fundraises from companies this year include Idea Cellular, HDFC Ltd, Oberoi Realty, Jindal Steel and Power Ltd, L&T Finance Holdings Ltd, JM Financial Ltd and NCC Ltd.

Renaissance set to launch $145m India Next Fund

India Next Fund, a multi-cap fund, will look to invest in sectors relating to India’s domestic economy such as engineering, capital goods and financials.