Motilal Oswal PE will sell 2.64 million shares through its Business Excellence Fund and India Business Excellence Fund-I.
By Anuradha Choudhary
Aims to raise about Rs 580 crore ($89.8m) through issue of new shares.
Sahathai Terminal is a subsidiary of Sahathai Steel Pipe, one of Thailand’s largest steel pipe exporters for almost five decades.
Kalyan Jewellers India Ltd., the company giving away Volkswagen AG’s Audi cars as freebies to lure customers, is exploring an initial public offering within the next two years as the company seeks to raise funds to expand its global footprint. “You will hear of an IPO soon — we won’t… Read more »
GTPL Hathway Ltd, which offers cable TV and broadband services, has received approval for its proposed initial public offering (IPO) from the Securities and Exchange Board of India (Sebi). With this, GTPL Hathway became the 14th company to receive the capital markets regulator’s nod for a public issue in 2017…. Read more »
BOCOM International Holdings Company, the Hong Kong investment banking arm of China’s fifth-biggest bank, priced its Hong Kong IPO near the bottom of expectations, underscoring the tough environment for financial companies in the Asian financial hub. The company, a unit of Bank of Communications Co Ltd (BoCom) , priced the… Read more »