ICICI Bank top stories

• Spandana Sphoorty seals Rp12bn IPO at top end

  

  Indian non-bank microloan provider Spandana Sphoorty has wrapped up its IPO, just about covering the deal thanks to a strong showing from institutional investors. It is set to be priced at the top of guidance, according to a banker on the deal.

  • 08 Aug 2019

• Spandana Sphoorty guns for every bite on last day of IPO

  The bookrunning lead managers of Spandana Sphoorty Financial’s Indian IPO were seeking out all avenues of demand on Wednesday, with the deal barely a third covered by midday and set to close at the end of the trading day.

  • 07 Aug 2019

• Spandana Sphoorty starts bookbuilding for IPO

  Indian microloan provider Spandana Sphoorty Financial kicked off a two-day bookbuilding for its up to Rp12.01bn ($169.9m) IPO on Monday morning.

  • 05 Aug 2019

• Affle lines up Rp4.6bn Indian listing

  Mobile phone technology company Affle (India) has set the terms for its IPO, set to launch next week, according to a source close to the deal.

  • 24 Jul 2019

• Sterling and Wilson Solar gets Sebi nod for Rp45bn listing

  India’s securities regulator has given the greenlight for Sterling and Wilson Solar’s IPO, which could raise up to Rp45bn ($655m).

  • 09 Jul 2019

• Larsen trims L&T Tech stake in Rp6.7bn OFS

  Indian conglomerate Larsen and Toubro is selling-down a batch of shares in subsidiary L&T Technology Services and is looking to raise at least Rp6.65bn ($96.2m).

  • 04 Jun 2019

• Further delays for NSE IPO after Sebi ruling

  The Securities & Exchange Board of India (Sebi) dealt a fresh blow to India’s National Stock Exchange’s long-delayed IPO plans this week.

  • 02 May 2019

• India’s Sterling and Wilson Solar preps Rp45bn listing

  Sterling and Wilson Solar, the solar power business of Indian conglomerate Shapoorji Pallonji Group, is eyeing a listing of up to Rp45bn ($648m), having filed a draft prospectus this week.

  • 17 Apr 2019

• Pru sells stake in Indian JV, DLF opens Rp30bn QIP

  British life insurer and asset manager Prudential Corp Holdings is offloading a chunk of shares in its Indian joint venture ICICI Prudential Life Insurance Co and is looking to bag at least Rp11.2bn ($162.6m).

  • 26 Mar 2019

• India cuts stake in Axis Bank

  The Indian government is offloading 50.76m shares in Axis Bank through an offer-for-sale, trimming its stake in the private sector lender as the end of the financial year looms.

  • 12 Feb 2019