Saturday, February 22, 2020

IPO SCAM : SEBI to intensify probe

Image result for scam


Securities and Exchange Board of India, widened its investigations into alleged irregularities in initial public offers in 2011.

The companies under scanner are :

1. Readymade Steel
2. Timber Home
3. Inventure Growth 
4. Parampont Printpacking
5. SRS Ltd
6. Birla Pacific Spa
7. Finotex Chemicals
8. Acropetal Tech
9. Sudar Garments
10. Midvalley Entertainment
11. Indo Thai Sec
12. Aanjneya Life care
13. Shilpa Cable
14. VMS Ind
15. Rushil Decor
16. Vaswani Ind
17. Prakash Constrowl
18. Servalaxmi Paper
19. Singhvi Forging.

FirstChoiceIPO had advised to stay-away from all the above IPOs except Acropetal Technologies.

Thursday, February 20, 2020

Swiggy raises further money

Image result for swiggy

Online food delivery startup Swiggy has secured a fresh Rs 805 Cr in a round led by South African internet giant Naspers. Existing investors, Meituan-Dianping and Hadley Harbour Master Investments LP, also participated in the round.

Swiggy had reported a loss of Rs 2345 Cr for the year 2019.

Forthcoming IPO : National Securities Depository Limited (NSDL)


Issue Details: 
  



Issue size
Rs 1000 Cr 
Face Value
RS 10


Promoters 
NSE, IDBI Bank
Business
Depository services
Listings
Bse, Nse
BRLMS
Kotak, SBI Cap and I Sec



Wednesday, February 19, 2020

Forthcoming IPO : Apeejay Surrendra Park Hotels Ltd


Image result for apeejay hotel


Issue Details: 
  



Issue size
Rs 1000 cr 
Face Value
RS 10


Promoters 
Apeejay group / PE backed by Credit Suisse
Business
Hotel chain
Listings
Bse, Nse
BRLMS
ICICI Sec, Axis Cap and JM Financials



Forthcoming IPO : NCDEX



Issue Details: 
  



Issue size
Rs 500 Cr 
Face Value
RS 10


Promoters 
Nse, LIC / others
Business
Commodity exchange
Listings
Bse, Nse
BRLMS
ICICI Sec, SBI Caps



Forthcoming IPO : Indian Railway Finance Corporation


Issue Details: 
  



Issue size
140 cr equity shares
Face Value
RS 10


Promoters 
Govt of India
Business
Financing Railways operation
Listings
Bse, Nse
BRLMS
.
IDFC Securities, HSBC Securities and Capital Markets (India), ICICI Securities and SBI Capital Markets



Forthcoming IPO : Computer Age Management Services Limited

Image result for cams

Issue Details: 
  



Issue size
Rs 1500 Cr
Face Value
RS 10


Promoters 
Warburg Pincus
Business
Registrar and transfer agency
Listings
Bse, Nse
BRLMS
Kotak Mahindra Capital, HDFC Bank, ICICI Securities and Nomura Financial Advisory and Securities (India).