ICICI Bank top stories

• 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

• Srei Infra shelves subsidiary IPO, eyes private listing

  Srei Infrastructure Finance has mothballed a plan to float its subsidiary Srei Equipment Finance as risk-off sentiment drives valuations down in India’s IPO market.

  • 22 Jan 2019

• Government nets Rp53bn from Coal India sell-down

  The Indian government sold a 3.18% stake in Coal India on Thursday, adding Rp52.7bn ($722.9m) to its coffers.

  • 02 Nov 2018

• IFC-backed Polycab preps Indian IPO

  Wire and cable manufacturer Polycab India is planning an IPO of new and existing stock, as backer International Finance Corp looks to cash in part of its stake.

  • 01 Nov 2018

• Government mines for $2bn from Coal India share sale

  The Indian government has hit the market with a mammoth block sale of up to Rp148.6bn ($2bn) in Coal India, as the state looks to add some much-needed weight to its 2018/19 divestment target.

  • 31 Oct 2018

• Investors show muted interest in Aavas Financiers IPO

  Indian property lender Aavas Financiers wrapped up a three-day offer period for its Rp17.34bn ($239.2m) IPO on Thursday with just 97% of the deal covered.

  • 28 Sep 2018