The issue size for the coming initial public offering (IPO) of search engine company Justdial could have been just 10 per cent of the paid-up share capital instead of 25 per cent, but for a nudge by the Securities and Exchange Board of India (Sebi).
Just Dial has announced that its initial public open offer would be available to the public from May 20 to May 22. The shares will be available in a band of Rs.470-543 per share, according to a release from the company.
The initial public offering (IPO) of textile firm Scotts Garments has opened for subscription today. The company, which is planning to raise nearly Rs 140 crore, has priced the issue in a price-band of Rs 130 to Rs 132 a share.
Over three-and-a-half years after receiving draft papers for the proposed IPO of Sahara Prime City Ltd, Sebi has formally closed this file as the company failed to submit clarifications sought by the market regulator.