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GCL - Initial Public Offering (IPO) , Latest IPO, HDFC, ICICI,

Chalet Hotels, owner, developer and asset manager of high-end hotels has proposed to open its initial public offering (IPO) on January 29, 2019.

The IPO consists of equity shares of face value of Rs 10 each aggregating up to Rs 9,500 million (fresh issue) and an offer for sale of upto 24,685,000 equity shares (offered shares).

The offer for sale comprises up to 5,550,000 equity shares by Ravi C Raheja, up to 5,550,000 equity shares Neel C Raheja, up to 10,784,176 equity shares.

SBI Cards IPO Details

IPO Date Mar 2, 2020 - Mar 5, 2020
Issue Type Book Built Issue IPO
Issue Size 137,149,315 Eq Shares of ?10
(aggregating up to ?10,354.77 Cr)
Fresh Issue 6,622,517 Eq Shares of ?10
(aggregating up to ?500.00 Cr)
Offer for Sale 130,526,798 Eq Shares of ?10
(aggregating up to ?9,854.77 Cr)
Face Value ?10 Per Equity Share
IPO Price ?750 to ?755 Per Equity Share
Employee Discount ?75
Market Lot 19 Shares
Min Order Quantity 19 Shares
Listing At BSE, NSE

SBI Cards IPO Tentative Date / Timetable

Bid/Offer Opens On Mar 2, 2020
Bid/Offer Closes On Mar 5, 2020
Finalisation of Basis of Allotment Mar 11, 2020
Initiation of Refunds Mar 12, 2020
Credit of Shares to Demat Acct Mar 13, 2020
IPO Shares Listing Date Mar 16, 2020

DMart promoters to sell shares via OFS

  • Avenue Supermarts Ltd, which runs the supermarket chain DMart, on Thursday said its promoters will sell up to a 2.28% stake through an offer for sale (OFS) that will fetch as much as?3,032.5 crore ($426 million).

    Promoters Radhakishan Damani, Gopikishan Damani, Shrikantadevi Damani and Kirandevi Damani will offload a total of 14.8 million shares through the share sale, Avenue Supermarts said in a regulatory filing. The shares will be sold at a floor price of?2,049, a 19.5% discount to the closing price of?2,544.15 on Thursday.

    The OFS will open on Friday for institutional investors, while retail investors will be able to subscribe on Monday.

    Axis Capital and BofA Securities are advising DMart on the share sale.