Wockhardt Hospitals Ltd. cut the size of its initial public offering, the first Indian company to reduce a sale amid a plunge in equity markets.
Wockhardt, based in Mumbai, can now raise a maximum 6.53 billion rupees ($166 million), 16 percent less than its target on Jan. 22, according to Bloomberg calculations.
A global sell-off in equities […]

Emaar MGF Land, a joint venture between one of the world’s leading real estate companies, Emaar Properties PJSC of Dubai, and MGF Development Limited of India, has refixed the price band to between Rs 540 and Rs 630 per equity share of Rs 10 each from the earlier price band of between Rs 610 to […]

The initial public offering (IPO) of OnMobile Global, a provider of telecommunications value added software products and services, received 11 times subscription.
Good response has seen from qualified institutional investors, whose reserved portion subscribed 17 times, HNI portion was subscribed 2.6 times and retail 1.3 times, according to sources. All bids were at higher end of […]

Wockhardt Hospitals Limited is planning to enter capital markets with an initial public offering (IPO) of 25,087,097 equity shares of Rs10 each for cash at a price to be determined through a 100% book building process. The company has filed draft red herring prospectus with market regulator the Securities & Exchange Board of India on […]

SVEC Constructions, a Hyderabad based company proposes to enter the capital market with an initial public offering of 40 lakh equity shares of Rs 10 each.
The issue, which is being made through a 100 per cent book building process, opens on February 4, and closes on February 8. The price band has been fixed at […]

IRB Infrastructure Developers Limited, an infrastructure and construction company in India with extensive experience in the roads and highways sector and currently involved in 12 BOT projects in this sector, proposes to enter the capital markets on 31st January 2008 with a public issue of 5,10,57,666 Equity Shares of Rs 10 each  through 100% book […]

The proposed initial public offering of Wockhardt Hospitals Ltd has been assigned an IPO grade of 4/5 by Fitch Ratings India.
Wockhardt Hospitals is planning to enter capital markets with an IPO of 25,087,097 equity shares of Rs 10 each for cash at a price to be determined through book building process. The company filed draft […]

Emaar MGF Land Ltd said its proposed initial public offering has been assigned an above average grading by Credit Analysis and Research Ltd.
“The 4/5 CARE grading reflects above average fundamentals for the company,” it said in a release.
The grading takes into account promoters’ track record, especially the JV partner Emaar’s experience in international real estate […]

Proposed issue of 10,680,000 equity shares aims to raise Rs.3 billion to Rs.4 billion.
Vascon Engineers Limited (VEL) was incorporated in 1986 and commenced operations with the construction of Cipla Ltd’s plant at Patalganga. Besides realty, the company has business interests in hospitality and commercial properties. The day-to-day operations are headed by the Managing Director, R […]

Proposed issue of 10,680,000 equity shares aims to raise Rs.3 billion to Rs.4 billion.
 
CRISIL has assigned its IPO Grade ‘3/5′ (pronounced ‘three on five’) to the proposed initial public offering of Vascon Engineers Ltd (VEL). The grade indicates that the fundamentals of the issue are ‘average’ in relation to the other listed equity securities in […]