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Showing posts from June, 2015

InterGlobe Aviation Limited files Draft Red Herring Prospectus with SEBI

June 30th, 2015: InterGlobe Aviation Limited (the “Company”) which operates IndiGo, India’s largest passenger airline has filed a draft red herring prospectus (“DRHP”) with the Securities Exchange Board of India (“SEBI”)  in relation to a proposed initial public offering of the Company’s equity shares (“Equity Shares”), subject to applicable statutory and regulatory requirements, receipt of requisite approvals, market conditions and other considerations (“IPO” or the “Issue”).
The Issue will consist of a fresh issue aggregating up to INR 12,722 million and an offer for sale of up to 30,146,000 equity shares by certain selling shareholders of the Company.
The Equity Shares offered through the Issue are proposed to be listed on the BSE Limited and the National Stock Exchange of India Limited.  
The GCBRLMs to the Issue are Citigroup Global Markets India Private Limited, J.P. Morgan India Private Limited and Morgan Stanley India Company Private Limited. The BRLMs to the Issue are Barclays…

Manpasand Beverages Limited allots 5.625 mn equity shares @ Rs. 320 ps aggregating to Rs. 180 crore to 11 anchor investors

Public Issue opens  24th June 2015
Price Band fixed from Rs. 290 to Rs. 320 per Equity Share
Manpasand Beverages Limited (the “Company” or “Issuer”) has finalized the allocation of 5,625,000 equity shares at Rs. 320 per equity share (upper end of the Price Band) aggregating to Rs. 180 crore (45% of the total Issue size of Rs. 400 crore). 
The list of anchors include –BIRLA SUN LIFE INSURANCE COMPANY LIMITED - 575,145 equity shares (10.2% ot the total anchor investor portion); ASHOKA PTE LTD -156,285 equity shares (2.8%); ICICI PRUDENTIAL MUTUAL FUND A/C ICICI PRUDENTIAL FMCG-292950 equity shares (5.2%); ICICI PRUDENTIAL MUTUAL FUND A/C ICICI PRUDENTIAL GROWTH FUND SERIES 1- 216855 equity shares (3.9%); ICICI PRUDENTIAL MUTUAL FUND A/C ICICI PRUDENTIAL GROWTH FUND SERIES 2-158400 equity shares (2.8%); ICICI PRUDENTIAL MUTUAL FUND A/C ICICI PRUDENTIAL GROWTH FUND SERIES 4-98100 equity shares (1.7%); ICICI PRUDENTIAL MUTUAL FUND A/C ICICI PRUDENTIAL GROWTH FUND SERIES 5 - 125595 equity shar…

Infibeam's Big Bang Sale comes with Killer Deals from June 15 – 17

The Best Season Sale of the Year; Guaranteed Attractive Price Daily
June 12, 2015:Infibeam Incorporation Ltd – one of India’s leading e-commerce and technology solution companies is coming up with #BigBangSale starting June 15, 2015. The three day Big Bang Sale will showcase exclusive deals across most of the categories of top brands and offer ‘Guaranteed Attractive Price Daily’ and discounts of up to 80% across a wide range of products. With the Big Bang Sale, Infibeam is all set to cater to customers in over 20,000 pin codes covering the remotest corners of India. The three-day shopping festival will begin from 00.00 hours of June 15, 2015 on www.infibeam.com. Special and exclusive deals have been designed to make the upcoming Big Bang Sale - India's best offerings of the season. The Big Bang Sale features mouth watering offers on leading lifestyle, electronics and media brands including Apple, Microsoft, LG, Samsung, HP, Philips, Micromax, Intex, Wrangler, Woodland, Puma, Titan, T…

All India Gems & Jewellery Trade Federation donates INR 1.23 crores to the PM National Relief Fund,towards relief works of the Nepal earthquake victims

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The All India Gems & Jewellery Trade Federation (GJF) on behalf of Jewellery community in India has handed over a cheque of INR 1.23 crore towards relief works of the Nepal earthquake victims. Mr. Manish Jain, Chairman of GJF handed over the cheque to Shri. Amit Shah, BJP President in New Delhi on 11 June, 2015. Handing over a cheque of INR 1.23 crore towards relief works of the Nepal earthquake victims-In the picture (L-R): Mr. Bharatbhai Zaveri, Mr. Vijay Khanna, GJF Zonal Chairman, North, Shri. Amit Shah, BJP President, Mr. Manish Jain, Chairman, GJF, Mr. D D Karel, COA Member, GJF.
Appreciating the donations offered by several members to GJF, Mr Jain, said, “the domestic gem and jewelery makers came together and collected the money in aid of the victims of the recent earthquake in Nepal. The gem and jewellery industry has always remained at the forefront in supporting various charitable and humane causes. The Nepal tragedy is undoubtedly one of the worst in the history of civili…

All India Gems & Jewellery Trade Federation Announces names of its Committee of Administration for the term 2015 – 2017

Mumbai,June 5, 2015: The All India Gems and Jewellery Trade Federation (GJF) announced names of members of its Committee of Administration (COA) for the term 2015 – 2017. The COA for the term comprises a 24 Member team who are industry stalwarts, having been a part of the gem and jewellery industry for several decades.
Speaking on the formation of the new COA, Chairman, Mr. Manish Jain said, “GJF today has a very crucial role to play within the industry. Having completed a decade of formation, GJF has been actively involved with various industry related issues, constantly promoting the growth for this industry sector. I welcome the new COA members who are industry veterans and bring with them a wealth of experience and skills that would add immense value to our initiatives and programmes. Moreover, I am grateful for their willingness to dedicate their time and efforts and share our collective vision to work towards the progress of this industry”
The COA comprises members who are respe…

PNC Infratech Limited commences toll operations on Kanpur-Kabrai section of National Highway-86

PNC Kanpur Highways Limited, a wholly owned subsidiary of PNC Infratech Limited, has commenced toll operations with effect from 7th May 2015 on the Kanpur-Kabrai section of National Highway - 86. PNC Infratech was awarded the project for two-laning with paved shoulder from 7.430 km to 130.100 km in the state of Uttar Pradesh by NHAI on DBFOT basis. The total project cost was Rs. 458.5 Crore, including a grant of Rs. 123.0 Crore. The concession period for the project is 12 years from the appointed date, including 18 months construction period. The stretch has two toll collection points at Aliayapur and Khanna at 43.500 km and 105.500 km respectively.
PNC Infratech Limited is an infrastructure construction, development and management company, with expertise in execution of major infrastructure projects, including highways, bridges, flyovers, airport runways, power transmission lines, development of industrial areas and other infrastructure activities. It provides EPC services on a fixed…

Jupiter Infomedia Ltd. – the 1st Internet Company to migrate from BSE SME to BSE mainboard platform

Consistently profit-making and dividend declaring Company now welcomes retail investors to take part in its growth story 
Mumbai, June 3, 2015: Jupiter Infomedia Limited, India’s leading web infomedia company with online publication on Business, Encyclopedia & Yellowpages has earned the distinction of being the first Internet Company to successfully migrate from BSE SME platform to Mainboard Platform, BSE Limited.  Trading Members of the Bombay Stock Exchange are hereby informed that effective from Wednesday, June 03, 2015, the equity shares of Jupiter Infomedia Limited (JUPITERIN), which are already listed under BSE SME Platform, will now be migrated & admitted to dealings on the BSE Mainboard Platform in the list of B Group.
Mr. Umesh Modi, Chairman & Managing Director, Jupiter Infomedia Limited, said, “Jupiter Infomedia is a unique Internet Company with a consistent profitability and dividend track record since inception. Shifting to the BSE Mainboard Platform is a wond…