In a pre-IPO placement, external investor Blue Chandra had sold 10.32 million shares or 8.4 per cent of its stake to renowned investor Madhusudan Kela s wife Madhuri Kela, along with Nuvama Crossover Opportunities Fund and TIMF Holdings, for a total consideration of Rs 130 crore.
Samhi Hotels has raised Rs 616.54 crore from anchor investors before its initial share sale. The company has allocated equity shares to 35 entities at an average price of Rs 126 apiece. Anchor investors include SBI Mutual Fund, Aditya Birla Sun Life MF, ICICI Prudential MF, and Tata MF. The IPO comprises fresh issuance of equity shares worth up to Rs 1,200 crore and an Offer For Sale of up to 1.35 crore shares. Samhi Hotels acquires/builds primary hotels and currently owns 4,800 keys across 31 operating hotels.
Shares worth Rs 575 crore of Piramal Pharma were unloaded, almost landing Anand Piramal’s company in trouble, but the shares were bought by Ratan Tata’s company, among others.
Nexus Select Trust plans to raise Rs 3,200 crore via IPO which comprises a fresh issuance of units worth Rs 1,400 crore, and an offer for sale of units worth Rs 1,800 crore
Global investment firm invesco on monday sold its entire stake in zee entertainment enterprises for 1004 crore according to data available with bse the firm sold over 491 crore shares amounting to 511 stake in zee foreign investors segantii india mauritius morgan stanley and goldman sachs have picked shares worth 640 crore in zee
Invesco sold 5.11% stake in ZEEL at ₹204.50 apiece, which was acquired by Goldman Sachs Singapore, Morgan Stanley Asia Singapore, and Segantii India Mauritius.