Govt calls for presentation by merchant bankers for Tata Comm OFS on Tuesday
By IANS |
Published on
Mon, Feb 8 2021 12:21 IST |
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Tata Communications.. Image Source: IANS News
New Delhi, Feb 8 : The Department of Investment and Public Asset Management (DIPAM) has called on the interested merchant banks to make presentations on Tuesday for the selection of a merchant banker-cum-selling broker for disinvestment of the government s entire shareholding in Tata Communications through offer for sale (OFS).
A total of 11 merchant banks are in the fray including Axis Capital, Credit Suisse Securities (India) Private Ltd, Elara Capital (India), Goldman Sachs (India) Securities and ICICI Securities.
Home First Finance sets IPO price band of ₹517-518 per share
January 19, 2021
IPO opens on Thursday, closes January 25
Global private equity firm Warburg Pincus-backed Home First Finance Company India Ltd (HFFC) has fixed a price band of ₹517-518 per share for its ₹1,153.72-crore initial public offering (IPO), which opens on Thursday
.
The offer comprises a fresh issue of up to ₹265 crore and an offer for sale (OFS) of up to ₹888.72 crore by promoters True North Fund V LLP and Aether (Mauritius) Ltd, existing investor Bessemer India Capital Holdings II Ltd and certain individual shareholders.
The offer will close on Monday, January 25.