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1.Penna Cement files Rs.15.5 bn IPO

Penna Cement Industries has filed an IPO with capital markets regulator SEBI to raise Rs 15.5 bn. The IPO reportedly comprises fresh issuance of shares worth more than Rs 13 bn.


2.IIFL arm to raise $500 million for maiden offshore affordable housing fund

Leading finance major IIFL Asset Management is set to raise $500 million in the coming financial year for its first offshore affordable housing fund. The company is optimistic of closing its domestic funds by the end of the current financial year.


3.Future Supply Chain Solutions IPO opens

Future Supply Chain Solutions (the “Company”) opened on Wednesday, December 6, 2017, an initial public offering (IPO) of up to 9,784,570 equity shares of face value of Rs 10 each (“equity shares”) for cash at a premium (the “offer”) through an offer for sale of up to 7,827,656 equity shares by Griffin Partners (the “investor Aselling shareholder”) and up to 1,956,914 equity shares by the company’s promoter, Future Enterprises (the “promoter selling shareholder”, together with the investor sellin


4.Penna Cement plans Rs.13 bn share sale

Penna Cement Industries is planning to raise Rs 13 bn through an IPO and will file its draft offer documents with the markets regulator in about two months.


5.The Hyderabad-based company gets Sebi nod for Rs 15.50 billion IPO

Hyderabad-based Penna Cement has received an approval from Sebi to proceed with its Rs 15.50 billion IPO.


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