I.P.O. / Offerings

Zee Learn Limited is raising $30Mn through GDR for expansion. Proceeds of the issue will be used to expand it's network of schools across the country.

Four companies - Micromax Mobiles, Pride Hotels, Betul Oil and Tara Jewels have refrained from coming out with IPOs worth over R700Cr, letting their regulatory approvals lapse.

India's first commercial producer of coal bed methane - Great Eastern Energy Corporation Ltd is planning to raise funds by offloading upto 10% of it's shares through an IPO in 2013.

Chennai based Hindusthaan Eco Ventures Private Limited has filed DRHP to raise IPO by fresh issue of 9 Mn shares, which constitute 45% post issue paid up capital of the company.

Ram Kaashyap Investment Limited has raised $75 Mn through GDR issue to fund the acquisition of Gemmia Worldwide. The company issued 3.75 Mn GDR of $20 each.

Reliance Communications is planning to raise upto $1.5Bn by listing it's Singapore based undersea cable unit - Flag Telecom.

VSF Projects Limited is planning to raise R150Cr through QIP for investment in its wholly owned subsidiary VSF Energy Projects Pvt. Ltd

Tricom India Limited is raising R20.25Cr through preferential allotment and convertible warrant.

Octant Industries Limited is raising R13Cr on preferential basis to part finance it's ongoing power project.