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HDFC board approves HDFC AMC IPO, to hold 50% post public offer

The board of HDFC Asset Management Co Ltd on Thursday gave its approval to begin the process for launching an initial public offering (IPO) of India’s second-biggest mutual fund manager by assets, according to a stock exchange filing.


ICICI Securities Rs 40-bn IPO to open on March 22; price band at Rs 519-520

Domestic stock brokerage ICICI Securities, which will launch its initial share sale in a week, plans to reduce its revenue volatility by increasing its distribution business through offering new products and services.


HG Infra IPO opens today: Should you subscribe? Tips from brokerage firms

HG Infra Engineering is an emerging pure-play engineering, procurement and construction (EPC) company with a primary focus on roads and allied sectors, such as flyovers and bridges.


Retail investors in IPO to get compensation: SEBI

Markets regulator Securities and Exchange Board of India (SEBI) on Thursday said retail investors applying for shares in IPOs would need to be compensated if bankers fail to make the allotment despite their eligibility.


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