Muthoot Finance, a Kerala-based gold financing company will launch an Initial Public Offering (IPO) of Rs. 5.15 Crore. The issue will be open from 18 April to 21 April 2011. The price band for the issue has been fixed at Rs 160-175 per equity share of face value, Rs. 10 each.
PTC India Financial Services Ltd, a unit of PTC India, is planning to enter the capital markets with its IPO (Initial Public Offering) offering of 156,700,000 Equity Shares, each share being worth INR10.
Fineotex Chemical Ltd., a leading company dealing in specialty chemicals and enzymes for several industries, is planning to enter the capital markets with its IPO (Initial Public Offering) offer of 42,11,160 Equity Shares, with heach share being worth INR10.
Omkar Speciality Chemicals Ltd, the manufacturer of speciality chemicals, will launch an Initial Public Offering (IPO) of of 81 lakh equity shares of Rs 10 each on January 24. Omkar Speciality Chemicals Ltd has fixed the price band at Rs. 95/- to Rs. 98- per equity share. Subscription to this issue will be open from 24 January 2011 to 27 January 2011.
Tata Steel has set the price band at Rs 594-610 per share. The company expects to raise around Rs 3500 crore successfully through the FPO. The minimum bid lot would be 10 equity shares with a face value of Rs. 10 each. The FPO will lead to an equity dilution of 6.31%.
Midvalley Entertainment Ltd, a Chennai-based multinational Media & Entertainment company, will launch an Initial Public Offering (IPO) of Rs. 60 Crore. The issue will be open from 10 January to 12 January 2011.
The bank was founded on the principle of social commitment to help the weaker section of the society in their economic endeavours to raise their standard of life.
Manganese Ore had filed draft papers for its IPO last month with SEBI. The four-day IPO of MOIL is likely to begin on November 26. Edelweiss Capital, IDBI Capital and JP Morgan are the book running lead managers to the issue, sources said.