Offer size could vary from Rs 1,200 cr to Rs 2,000 cr Asia’s oldest bourse BSE will file the draft prospectus for its initial public offering (IPO) this week, according to two people familiar with the matter. The bourse will, then, begin roadshows to market the issue to institutional investors. The issue size is expected to be close to Rs 1,200 crore (Rs 12 billion), based on the percentage of shares tendered during the offer for sale (OFS) and assuming a share price of Rs 400 apiece. Rediff.com, 1 month ago
Issues Rs 358 crore interim dividend, 1:10 bonus and 10:1 split The National Stock Exchange of India (NSE) said its upcoming initial public offering (IPO) would be through an offer for sale (OFS) of shares held by existing NSE shareholders. The decision was taken by the exchange’s board of directors at a meeting on Tuesday. The NSE’s board of directors had on June 23 given its nod to list the exchange in India and abroad. The exchange had said it would file a draft prospectus with ...Rediff.com, 3 weeks ago
Reports have suggested Rs 400-650 as the possible IPO price Several Dalal Street veterans and top brokers have enlisted as selling shareholders in the initial public offering (IPO) of Asia’s oldest bourse, BSE (formerly Bombay Stock Exchange). While some are selling their shares in individual capacities, others are doing so through their firms. According to the draft red herring prospectus (DRHP) filed by the bourse with the Securities and Exchange Board of India (Sebi), there is no fresh ...Rediff.com, 1 month ago
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