State Bank of India (SBI) top stories

• Glenmark Life Sciences sets Indian IPO rolling

  

  India’s Glenmark Life Sciences, a pharmaceutical ingredients maker, has filed draft paperwork for an IPO of new and existing shares.

  • 19 Apr 2021

• Macrotech Developers opens India IPO

  Indian real estate company Macrotech Developers has kicked off bookbuilding for its up to Rp25.1bn ($338.2m) listing.

  • 07 Apr 2021

• Investec attracts new lenders in facility despite operating in challenging lending environment

  South African lender Investec has secured a syndicated loan facility, with a consortium of 29 international banks. Bank borrowers are continuing to lean on their relationship lenders in South Africa, though the environment in the country remains challenging.

  • 24 Mar 2021

• Treasury swings, volatility strike Asia’s bond market

  Asia’s debt market was hit with volatility this week, putting pressure on secondary trading, denting primary bond supply and forcing investment grade borrower Indian Railway Finance Corp to pull its dollar transaction. Is there any respite on the way? Morgan Davis finds out.

  • 11 Mar 2021

• IRFC’s bond plans grind to a halt

  Indian Railway Finance Corp postponed its dual-tranche dollar bond offering on Monday when faced with a volatile market backdrop that ‘bamboozled’ the banks running the deal.

  • 09 Mar 2021

• Macrotech builds new IPO plans

  Macrotech Developers, an Indian real estate company that was called Lodha Developers until mid-2019, has revived plans for a listing under its new name, three years after its last attempt at an IPO.

  • 18 Feb 2021

• Indian government puts RailTel on the IPO market

  RailTel Corporation of India, a state-owned information and communication technology infrastructure provider, has received strong and early retail support for its upto Rp8.19bn ($112.4m) IPO.

  • 17 Feb 2021

• Brookfield India Reit seals $522m listing

  Brookfield Asset Management has pulled off India’s third ever real estate investment trust IPO, raising Rp38bn ($521.7m) as strong demand covered the deal multiple times over.

  • 08 Feb 2021

• Brookfield readies Rp38bn Indian Reit IPO

  Brookfield Asset Management is set to launch India’s third real estate investment trust IPO next week, as it aims to raise Rp38bn ($520.8m) from a mix of new and existing stock.

  • 29 Jan 2021

• ONGC Videsh ditches general syndication plan

  ONGC Videsh (OVL), the overseas arm of India’s state-owned Oil and Natural Gas Corp, has decided to cancel general syndication for its $700m loan after the bookrunners found enough liquidity during a senior stage.

  • 15 Jan 2021