Search Results for:Swaraj Singh Dhanjal

India: Promoters need to shed stakes worth $1.5b in two years

According to Sebi norms, listed companies have to ensure a minimum of 25% public shareholding in three years from the time of listing.


India: Azure Power raises close to $30.5m in debt financing

It raised the debt financing from Dutch development finance institution FMO.


India: Blackbuck raises $7.7m in venture debt from InnoVen Capital

Blackbuck will use the capital for expansion of its service offerings.


India: Capital Small Finance Bank raises $4m from Sidbi, others

The latest round of funding values the small finance bank at Rs465 crore.


India: Financial marketplace BankBazaar raises $30m from Experian

The latest round values BankBazaar at $300 million.


Punjab National Bank planning QIP to raise $250-300m

PNB is among the several state-owned banks that have planned to tap the capital markets.


India: Mahindra Logistics may launch IPO by October-end

In this pure secondary offering, Mahindra and Mahindra and PE firm Kedaara Capital will sell 9.66 million shares each.


India: Piramal Enterprises to raise $769m through QIP

The company intends to use funds for both organic and inorganic growth opportunities in the financial services business.


India: Life Insurance Corp makes $1.2b bid in GIC Re IPO

GIC Re IPO is looking to raise Rs11,372 crore ($1.7 billion) at the upper end of the price band of Rs855-912 per share.


India: Aditya Birla PE, Multiples PE sold IEX shares just ahead of IPO launch

As of closing of the second day of the public offering, the IEX IPO was subscribed 43%.