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Spandana Sphoorty Financial gets SEBI’s go ahead for fresh issue of 400 crore and offer for sale up to 13,146,595 equity shares. The offer for sale includes existing share holders Kedaara Capital Alternative Investment, Helion Venture Partners and Valiant Mauritius Partners. The company incorporated in 1998. Spandana Sphoorty is a micro finance company and has Read more

Bharat Hotels Limited gets SEBI’s go ahead for Rs.1200 crore ipo. As per March 2018 Bharat Hotels operated 12 luxury hotels, palaces and resorts under LaLiT Brand. They have two mid market segment hotels under The LaLiT traveller brand. Bharat Hotels has The LaLiT brand hotels inThe LaLiT New Delhi, The LaLiT Mumbai, The LaLiT Read more

Emami Cement Limited files DRHP with SEBI for Rs.1000 crore ipo. The issue comprises fresh issue of Rs.500 crore and offer for sale of Rs.500 crore. The object of the ipo is to re-payment of indebtedness and other general corporate purposes as per company. The company is a part of Emami Group which is India’s Read more

Ami Organics Limited gets SEBI’s go ahead for an ipo. The Ami Organics ipo consists 3,500,000 equity shares. Ami Organics is one of the leading pharmaceutical company based in Surat, Gujarat incorporated in 1997. They are manufacturer of pharmaceutical intermediates. The company is ISO 9001:2015, ISO 14001:2015, OHSAS 18001:2007, SA:8000:2014 and GMP certified company. They Read more

Aakash Educational Services Limited (AESL) gets SEBI’s go ahead for an ipo. The offer will be a sale of 1.85 crore equity shares of promoters. Aakash Educational Services provides competitive examination preparation coaching who are preparing for medical or engineering entrance examinations. They have over 150 classroom centres in over 100 cities in 23 states. Read more

Iris Clothings Limited is incorporated in 2004 based in Kolkata. The company is a manufacturer, designer and seller of kids wear. They are selling products under “DoReMe” brand name. The kids wear product range includes shorts, frocks, pants, dresses, t-shirts, tops, etc. They have over 60 distributors in India and more than 4000 retailers. They Read more

BCPL Railway Infrastructure Limited (BRIL) is incorporated in 1995 based in Kolkata. The company is in business of railway infra development. BCPL Railway is doing design, drawing, supply, and commissioning of single phase overhead equipment. The company is catering to a major clients like Eastern Railway, South Eastern Railway, South East Central Railway, Northern Railway, Read more

SM Gold Limited is based in Ahmedabad. The company is a manufacturer and trader of mangalsutra jewellery. Their major income comes from mangalsutra sale and other part includes other jewellery items like chain, rings, nose pins, ear chain, earrings, pendant, anklet, bangles and festive jewellery. SM Gold ipo is starting from 03-October and ends on Read more