Get latest articles and stories on Business at LatestLY. Mumbai (Maharashtra)/ Bengaluru (Karnataka) [India], February 2: Cyril Amarchand Mangaldas advised book running lead managers (ICICI Securities Limited, Citigroup Global Markets India Private Limited, Kotak Mahindra Capital Company Limited, Ambit Private Limited) in the issuance of IPO of India Shelter Finance Corporation Limited. Debut of 24,340,768 equity shares of face value of Rs. 5 each ("Equity Shares") of India Shelter Finance Corporation Limited ("Company") for cash at a price of Rs. 493 per Equity Share of face value of Rs. 5 each including a securities premium of Rs. 488 per Equity Share ("Offer Price") aggregating to Rs. 12,000 million. Business News | Cyril Amarchand Mangaldas Advises on IPO of India Shelter Finance Corporation Limited.
Cyril Amarchand Mangaldas advised book running lead managers ICICI Securities Limited Citigroup Global Markets India Private Limited Kotak Mahindra Capital Company Limited Ambit Private Limited in the issuance of IPO of India Shelter Finance Corporation Limited.
Data available with ACE Equity shows MFs raised their stake the most in India Shelter Finance Corporation ion Q3, buying a 9.93% stake in this housing finance company that 10 stocks have seen up to a 10 percentage point rise in MF shareholding
Eleven companies have launched their initial public offerings (IPOs) in December 2023, making this month the second-best December for public offerings since 1996.
Collectively, they are raising Rs 8,182.7 crore this month. In December 2021, 11 companies raised Rs 9,534 crore.
However, excluding December 2021, this month marks the best December for IPOs since 1996.
Markets were on a smooth course during the last week until a tsunami hit them on Wednesday. Even two trading sessions later what happened on that day remains a mystery.