The co-CEO of Axis Bank's investment banking unit Axis Capital, Chirag Negandhi, has resigned, according to an internal memo seen by Reuters on Friday.
The investment ..
According to Nuvama Institutional Equities, about 60 percent of Avalon s revenue comes from the US, and a substantial number of its clients hail from the clean energy sector.
The issue of SBFC Finance comprises fresh equity issue of Rs 600 crore and an offer for sale (OFS) of Rs 425 crore, while Concord Biotech is completely an OFS of 2.09 crore equity shares up, aggregating up to Rs 1,551 crore.
Analysts believe that the impressive rally in the secondary market has helped boost sentiment of the IPO market. Against a backdrop of global uncertainty and volatility the Indian stock market has come through as domestic indices, BSE Sensex and Nifty50, have jumped 8.76% and 8.55% year-to-date (YTD), respectively.
The IPO market has picked up pace in the second half of the year with three issues delivering strong listing gains. Netweb Technologies IPO comprises a fresh issue of equity shares of up to Rs 206 crore and an offer-for-sale of up to 8.5 million equity shares by promoter-selling shareholders.