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Private Equity | 1 April 2010    1 Comment

John Energy Receives $20 Mn Funding From Sage Capital

by Jarna Gandhi
 
@jarna
@John_Energy Limited is raising $20 mn by selling an undisclosed minority stake to @SageCapital Pvt. Ltd.

Sage capital will invest in the company through Sage NPE India Fund 1.

@Singhi_Advisors
was the sole advisor to the deal.

Transaction Reference: VCCIRCLE

Avantha Power Files DRHP To Raise Rs 1250 Cr

Avantha Power & Infrastructure Ltd (APIL) has filed the DRHP to raise Rs.1250 Cr via public issue.

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Ultracab Files DRHP On BSE-SME

Gujarat based Ultracab (India) Private Limited is raising INR 79.7 Mn issuing 2.2 Mn equity shares at a unit price of INR 36. The issue constitutes 26.2% of the post issue paid up capital of the company.

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