DILUTIVE FPO
Vodafone Idea FPO allotment finalised. Here's how you can check status
Vodafone Idea FPO allotment done. Investors can check status on BSE or Link Intime India. VI plans 5G rollout soon, but analysts cautious on market share gains. Govt stake concerns may limit upside.
Not considering FPO, but other modes like OFS, QIP to raise public shareholding: Patanjali Foods
In an interview with PTI on Thursday, Ramdev assured his investors and public shareholders that there would be no impact on Patanjali Foods operation and financial performance and its growth trajectory will remain intact.
Ruchi Soya plunges 17% as FPO price band set at Rs 615-650
This FPO dilution will aid Baba Ramdev's Patanjali Ayurveda, which owns Ruchi Soya, in adhering to the minimum shareholding rules.
What is a Follow-on Public Offer?
Market participants like mutual funds, individuals, FIIs, etc can bid for an FPO.
PowerGrid’s strong fundamentals to drive stock price
A stable business model and reputation of delivering projects on time make PowerGrid’s follow-on public offer attractive at the issue price.
- Go To Page 1
Brokerages prescribe Power Grid FPO for long-term investors
The company has fixed the FPO price band at Rs 85-90 per share. Retail category and employees will be given a discount of 5 percent on the issue price.
Powergrid: Stock may take a knock on 'high' stake sale plan
A higher-than-expected dilution of equity of state-owned PowerGrid through a follow-on public offer may put pressure on its stock until the offering.
FPO to come out in next financial year: RG Rajan, Chairman & MD, RCF
RG Rajan, Chairman & MD, RCF, in a conversation with ET Now speaks about the FPO, future expansion plans of the company and the projects at hand. Excerpts:
'SAIL FPO in Feb, bankers question in Steel Min's court'
The much-awaited SAIL's follow on offer will come out next month and the steel ministry will examine the question of the same four merchant bankers.
SAIL shares plunge on lower FPO price talk
The two-phase FPO may help raise a total of Rs 16,000 crore. Post-FPO, govt's stake in the company is expected to go down to about 69%.
Govt raises Rs 40,000 crore via disinvestment in 2010
The government diluted its stake in nine state-owned companies, including Coal India, to raise Rs 40,000 crore that helped cut borrowings.
Subscribe to SCI FPO with long-term view: Centrum
Centrum is of the view that investors with long-term view should ‘Subscribe’ to the follow-on public offer of Shipping Corporation of India.
SAIL FPO to be appropriately timed: Verma
SAIL has said that the process of FPO has begun and the issue would be appropriately timed according to market conditions.
ONGC's FPO likely in early next fiscal
The Centre today indicated that the FPO of ONGC could be deferred to next fiscal.
Will dilute stake in 4 more PSUs by end-FY11: Govt tells RS
The government on Tuesday informed the Rajya Sabha that it will dilute its stake in four more PSUs by the end of the FY'11.
Power Grid's growth our biggest sales pitch: SK Chaturvedi
Power Grid’s chairman & managing director SK Chaturvedi spoke to ET about his big sales pitch to raise Rs 8,000 crore and also about the big investors who are queuing up.
SAIL FPO likely to hit capital market by Jan-Feb: CS Verma
At present, the government holds a stake of a little over 85 per cent in SAIL and post-FPO, its equity in the company is expected to go down to about 69 per cent.
SAIL FPO likely before Dec holidays
Steel Authority of India (SAIL) could come out with its follow-on public offer (FPO) as early as December, as the company is keen to avoid the holiday season in the developed countries, a company official said.
Govt may advance SAIL FPO to 2010 on buoyant market conditions
The government said on Tuesday that it may advance SAIL share sale and launch the FPO by December 2010 instead of earlier planned January-February next year.
UCO Bank in no hurry for FPO as it gets govt funds
UCO Bank said that it would review its plan to enter the equity market with a follow-on public offer (FPO) as the bank was adequately capitalised to grow its lending business this fiscal.
Govt postpones SAIL FPO to January to avoid crowding market
With Coal India's IPO planned for later this year, Steel min said the Follow on public offer of SAIL may hit market in January as it doesn't want to crowd market.
NMDC, REC file papers with regulator for follow-on issues
Kicking off the divestment process in the new year, the mining major National Mineral Development Corporation (NMDC) and Rural Electrification Corporation (REC) filed their draft prospects with market regulator.
NMDC board approves divesting 8.38% stake
The Government is selling 8.38 per cent of its stake in the miner and at the Friday's closing price it will be able to mop up a hefty Rs 20,000 crore from the process.
NMDC likely to file for FPO tomorrow, may mop-up Rs 20,000-cr
The state-owned mining giant NMDC is set to file the draft prospectus with the market regulator SEBI tomorrow for its estimated Rs 20,000-crore follow-on public offer.
PowerGrid's Rs 2,000-cr FPO to hit market by March next year
State-run power utility Power Grid Corporation today said its Rs 2,000-crore follow on public offer is likely to hit the capital market by March 2010.
FPO proposals lift SAIL, REC in a weak market
Shares of SAIL and REC were among the notable gainers in Wednesday’s lacklustre session. Both stocks advanced, supported by strong volumes.
SAIL stake sale in this fiscal: Steel Min Virbhadra Singh
First phase of SAIL to happen in the current fiscal year.
Govt disinvestment policy halts NTPC follow-on public offer
The Finance Ministry said the NTPC follow-on public offer has been rejected as under the present disinvestment policy government stake in a navratna company cannot be sold.
Load More
