IIFL Securities

NTPC Green Energy files draft papers for ₹10,000 crore IPO

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NTPC Green Energy files draft papers for ₹10,000 crore IPO

NTPC Green Energy, the renewable energy subsidiary of NTPC, filed draft papers with the Securities and Exchange Board of India (SEBI) on Wednesday, seeking to raise ₹10,000 crore through an initial public offering (IPO). According to the draft red herring prospectus (DRHP), the entire IPO will consist of fresh equity share issuance with no offer-for-sale … Read more

Carlyle likely to divest 6.4% stake in PNB Housing Finance for ₹1,256 crore: Report

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Carlyle likely to divest 6.4% stake in PNB Housing Finance for ₹1,256 crore: Report

US-based private equity firm Carlyle is expected to sell up to a 6.4 per cent stake in PNB Housing Finance via an open market transaction on Tuesday, as per a report by CNBC Awaaz. According to a term sheet from IIFL Securities, Quality Investment Holdings, a Carlyle entity, plans to sell 1.66 crore shares at … Read more