India

After overwhelming demand from investors, Godrej Agrovet has priced its IPO at the top of guidance. The deal, which was more than 95 times subscribed, was worth Rp11.29bn ($172.8m), according to a banker on the deal.

Indian state-owned company Power Finance Corp (PFC) has sent a request for proposals for a loan of up to $300m, seven months after a failed attempt to raise $100m-equivalent from a 10 year deal.

State-owned reinsurer General Insurance Corp of India has finalised the price range for its IPO, which will have a potential size of Rp113.7bn ($1.7bn).

India's Apollo Tyres hit the market with a qualified institutional placement on Tuesday, aiming to add up to Rp15bn ($229.6m) to its coffers.

Reliance Industries’ telecommunication arm Reliance Jio Infocomm is in talks with banks to refinance a two-tranche loan raised in late 2014.

India's Tata Motors has put out feelers with its relationship banks for a new borrowing to refinance $850m of syndicated loans.

Indian state-owned Hindustan Aeronautics (HAL) has filed a draft prospectus for its long-awaited IPO, which has been six years in the making.

Indian Oil Corp (IOC) has returned to the loan market for the second time this year with a $300m five year refinancing, managing to squeeze pricing yet again.

Nearly three months without Masala bond issuance has left investors hungry. But Indian Renewable Energy Development Agency gave investors something healthy to chew on this week — using the structure to sell a Rp19.5bn ($297m) green bond.

Acme Solar Holdings is nearing the final stages of launching a Rp22bn ($336.7m) listing, having filed a red herring prospectus with the Securities and Exchange Board of India on Thursday.

The head of credit for Axis Bank in Hong Kong has resigned and will be joining financial services firm Cantor Fitzgerald in October, sources told GlobalCapital Asia.

CMS Info Systems plans to raise about Rp12bn ($184m) from its India IPO and could open books before the end of the year, said bankers on the deal.