Top hotel industry body wants SEBI to cancel Oyo's IPO
May 12, 2022, 07:43 PM ISTFHRAI cautioned that Oyo's IPO will allegedly wipe out public wealth while enriching its founders and key management.
FHRAI cautioned that Oyo's IPO will allegedly wipe out public wealth while enriching its founders and key management.
The trading hours for various markets regulated by RBI were changed on April 7, 2020, in the wake of the coronavirus pandemic that had resulted in operational dislocations and elevated levels of health risks.
If the government misses the May 12 window available with it, LIC would have to file fresh papers with Sebi giving the results of December quarter and also update the embedded value.
LIC IPO would see sale of 31.6 crore shares or 5 per cent stake of the government. Employees and policyholders of the insurance behemoth would get a discount over the floor price.
This is the first time that a woman will be heading the capital market regulator.
LIC's listing is crucial for the government to meet the lowered revenue estimates of Rs 78,000 crore for the current financial year. The government had an initial target of Rs 1.75 lakh crore from the disinvestment proceeds.
According to the documents, Paytm's merchant base grew to 2.11 crore as of March 31, 2021, from 1.12 crore in March 2019.
Once the draft red herring prospectus (DRHP) is filed, merchant bankers will hold global and domestic road shows for investors by January, the official said.
SEBI Margin Rules: SEBI had introduced the new peak margin regulation a year ago for day traders. It is being implemented in a phased manner.
The airline plans to garner up to Rs 3,600 crore through sale of shares, according to the Draft Red Herring Prospectus (DRHP).
VLCC Health Care Ltd has filed preliminary papers with markets regulator Sebi to raise funds through an initial share sale.
As a part of the OFS, QSR Management Trust will sell 8.50 lakh shares, Sapphire Foods Mauritius Ltd will offload 55.69 lakh shares, WWD Ruby Ltd will divest 48.46 lakh shares and Amethyst will offer 39.62 lakh shares.
The cases were related to alleged violation of securities law including market manipulation and price rigging.
Markets regulator SEBI slapped monetary penalty on Viaan Industries Ltd, Shilpa Shetty Kundra and Ripu Sudan Kundra, who is also known as Raj Kundra, for disclosure lapses and consequent violation of insider trading norms.
Star Health and Allied Insurance Company has filed preliminary papers with capital markets regulator Sebi to raise funds through an IPO.
Rakesh Jhunjhunwala has faced huge embarrassment after markets regulator SEBI issued an order for disgorgement of ill-gotten gains in an insider trading case of Aptech Ltd.
Jana Bank IPO: Jana Small Finance Bank has received markets regulator Sebi's go-ahead to raise funds through an initial share-sale.
Zomato, which filed preliminary IPO papers with Sebi in April, obtained its observation on July 2, an update with the regulator showed on Monday.
Sebi has kept proposed initial share-sale of Aditya Birla Sun Life AMC in abeyance.
Top News
Latest News
