With a wide array of existing mutual fund schemes, asset management companies are going slow on launching new ones in a highly competitive landscape as they filed draft documents for 59 new fund offerings (NFOs) in the first seven months of the year. In comparison, draft papers for 70 NFOs were filed in… Continue reading MF houses go slow on NFOs, file draft papers for 59 schemes in Apr-Jul
Tag: papers
BLS E-Services files draft papers with Sebi to garner funds via IPO
The IPO comprises a fresh issue of 2.41 crore equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Friday. BLS E-Services Ltd has filed draft papers with capital markets regulator Sebi to mobilise funds through an initial public offering (IPO). The company is… Continue reading BLS E-Services files draft papers with Sebi to garner funds via IPO
Jana Small Finance Bank refiles IPO papers, seeks to raise Rs 575 cr
Indian lender Jana Small Finance Bank [JANA.BO] has resubmitted its application for an initial public offering, two years after pulling its previous plan due to the pandemic and the last year it could remain private according to local market regulations. The offer consists of fresh issue of shares worth up to 5.75 billion… Continue reading Jana Small Finance Bank refiles IPO papers, seeks to raise Rs 575 cr