I.P.O. / Offerings

City Union Bank is planning to raise R600-700 Cr from abroad by 2016-17 to meet its growth target, BS states.

Zee Learn Ltd has raised $20 Mn through issue of 56,17,977 GDRs at a price of USD 3.56 per GDR, BSE states.

Just dial has raised over R208 Cr from anchor investors, BL sates.

ING Vysya Bank aims to raise R2000 Cr through further issue of capital of up to 30 Mn equity shares or securities, BS states.

Alacrity Securities Ltd plans to get listed on SME platform of BSE. It plans to issue 60 Lac equity shares of FV R10 each at price of R15 per share aggregating to R9 Cr, constituting 28.57% of post issue paid up capital.

United Bank Of India is looking to raise R1,000 Cr in QIP to fund overseas expansion.

Hyderabad based construction company, Transstroy (India) Limited is planning to list its step up subsidiary on the Singapore Stock Exchange by September, BL states.

Oracle Corp plans to reduce its current stake in Oracle Financial Services Software Ltd. from 80.3% to 75% in order to comply with SEBI shareholding norms.

DLF has approached Bank of America-Merrill Lynch, Deutsche Bank, JPMorgan and Standard Chartered, along with CLSA, HSBC, Kotak, and UBS to sell up to 81 Mn shares, Mint states.