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I.P.O. / Offerings | 16 March 2012

Harisons Steel Files For R60Cr IPO

by Charmi Gutka
 
@charmi
@Harisons_Steel Limited has filed DRHP with SEBI to raise R60Cr through an IPO.

The funds raised will be used to set up rolling mill with a proposed capacity of 30,000 Mts p.a. (R41.59Cr); to part finance incremental working capital requirement (R8Cr) and for other corporate purposes.

@Comfort_Securities1554 is the book running lead manager to the issue.

IFC May Invest $60Mn In Apollo Hospitals

IFC may provide a loan of upto $60Mn to Apollo Hospital for expansion.

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FIM Bank Buys Out PNB's Stake In India Factoring

State owned Punjab National Bank has sold its 30% stake in India Factoring And Financial Solutions Limited to parent promoter FIM Bank Malta for a consideration of R107.83 Cr. The buyback hikes FIMBank's share in IFFSL increased to 79%.

Read More...
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