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Five IPOs get Sebi nod to raise up to Rs 3,000 cr collectively

Zaggle Prepaid, Cyient DLM, Healthvista India, Rashi Peripherals and Vishwaraj Sugar Industries have obtained the green signal to launch their initial public offerings (IPOs). The approvals come at a time when capital raising by way of IPOs has slowed to a crawl, with only four issues hitting the market so far this calendar year. Recently, the Securities and Exchange Board of India (Sebi) issued final observation letters on their draft red herring prospectuses (DRHPs), which is akin to getting ...
Ganesh Krishnan Dominic Xavier Rediff Meena Ganesh Vishwaraj Sugar Industries Exchange Board Of India Sebi Zaggle Prepaid
Source: rediff.com

Capex push shot in arm for India's corporate bond issuances in FY24 - bankers - Stock market news

MUMBAI (Reuters) - A pick-up in capital expenditure by private as well as state-owned firms in the new financial year is expected to provide a boost to India's corporate bond market, pushing issuances to another record in FY24, said bankers and analysts. | 06:16am
Arnab Choudhury Tr Shankar Raman Sonia Cheema Soumyajit Niyogi Aditya Birla Group Reliance Industries

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