022 24172311
Sections
Search
DealCurry
Equity
Venture Capital
Private Equity
M&A

Banner
DataBoard Demo
Private Equity | 24 April 2012

HSBC, Credit Suisse Invests R30Cr in TBZ

by Irfan Khan
HSBC, Credit Suisse Invests R30Cr in TBZ
Share on Social Media Email Facebook Twitter Linkedin
 
@irfan
HSBC and Credit Suisse has invested around R30Cr in Mumbai-based Tribhovandas Bhimji Zaveri Limited through anchor investment.

Three investors - HSBC Global Investment Funds, HSBC India Alpha (Mauritius) and Credit Suisse subscribed to 24,99,999 equity shares at lower end of price band of R120-126 a share.

IPO of TBZ has opened for subscription today. The issue, which closes on April 26, consists of 1.66 crore equity shares.

The IPO proceeds will be used for setting up new showrooms and for working capital needs.

IDFC Capital Limited and Avendus Capital are the book running lead managers to the issue.

Rallis India Acquires 51% In Zero Waste Agro

Rallis India Acquires 51% In Zero Waste Agro

Rallis India Limited has acquired 51% in Maharashtra-based Zero Waste Agro Organics Private Limited for R29Cr.

Read More...

Update: ChrysCapital Exits Pharmaceutical Company Mankind Pharma

Update: ChrysCapital Exits Pharmaceutical Company Mankind Pharma

ChrysCapital has sold its 11% stake in Mankind Pharma to Capital International for over R1276.2 Cr ($200 Mn) which is 10x the value of its original investment, valuing the company at about $2.2 Bn.

Read More...
Subscribe
Enter your Email address
to receive all the news