FACTBOX-Indian firms' share sale pipeline in 2009

Wed Jun 10, 2009 3:56am EDT
 
[-] Text [+]
 June 10 (Reuters) - Indian companies are set to launch a
raft of equity offerings, but the sales could soak up investor
funds and slow down a rally that has lifted the domestic market
nearly 90 percent from March lows this year. [ID:nBOM492912]
Some of the companies that plan to sell shares in 2009 are:
 -------------------------------------------------------------
 Company                                   Estimated Proceeds
                                       (in million dollars)
 -------------------------------------------------------------
 ANNOUNCED:
 ---------
 Akruti City AKRU.BO                              500
 Austral Coke & Projects (ACPL.BO)                  200
 Cairn India (CAIL.BO)                            1,000
 City Union Bank (CTBK.BO)                           NA
 DCW (DCWL.BO)                                       NA
 Electrotherm India (ELTH.BO)                     75.20
 Global Broadcast News Ltd (IBN.BO)              151.80
 IOL Chemicals & Pharmaceuticals (IOLC.BO)        12.30
 Jet Airways(India) (JET.BO)                         NA
 JSL (JIST.BO)                                    99.80
 JSW Steel (JSTL.BO)                              1,000
 Karnataka Bank (KBNK.BO)                           117
 Lok Housing & Construction (LOKH.BO)            196.20
 Northgate Technologies (NOTC.BO)                   113
 Parsvnath Developers (PARV.BO)                      NA
 Pyramid Saimira Theatre (PYSA.BO)                  450
 Rasoya Proteins (RSPR.BO)                           20
 Sarang Chemicals (SARN.BO)                           7
 Sheetal Bio Agro Tech (SBIO.BO)                   6.60
 Syndicate Bank (SBNK.BO)                          1.90
 Wellworth Overseas (WLWT.BO)                        NA
 --------
 MANDATED
 --------
 Birla Power Solutions (BRLY.BO)                     25
 Deccan Aviation (KING.BO)                          400
 Essar Oil (ESRO.BO)                              2,000
 GMR Infrastructure (GMRI.BO)                    300.70
 Hindustan Construction Co (HCNS.BO)             315.60
 Housing Development & Infrastructure (HDIL.BO)     300
 Indiabulls Financial Services (IBUL.BO)          1,000
 IOL Netcom (IOLB.BO)                                NA
 Puravankara Projects (PPRO.BO)                   74.50
 ------------------------------------------------------
 Total                                         8,366.60
 ------------------------------------------------------
 Source: Thomson Reuters
 (Compiled by Pratish Narayanan and Nishant Kumar; Editing by
Ranjit Gangadharan and Muralikumar Anantharaman)



 

Companies In This Article

Austral Coke & Projects Limited (ACPL.BO) Quote, Profile, Research
Cairn India Ltd (CAIL.BO) Quote, Profile, Research
City Union Bank Limited (CTBK.BO) Quote, Profile, Research
DCW Ltd (DCWL.BO) Quote, Profile, Research
Electrotherm (India) Ltd (ELTH.BO) Quote, Profile, Research
IBN18 Broadcast Limited (IBN.BO) Quote, Profile, Research
IOL Chemicals and Pharmaceuticals Limited (IOLC.BO) Quote, Profile, Research
Jet Airways Ltd (JET.BO) Quote, Profile, Research
JSL Limited (JIST.BO) Quote, Profile, Research
JSW Steel Limited (JSTL.BO) Quote, Profile, Research
The Karnataka Bank Ltd (KBNK.BO) Quote, Profile, Research
Lok Housing & Constructions Ltd (LOKH.BO) Quote, Profile, Research
Northgate Technologies Ltd (NOTC.BO) Quote, Profile, Research
Parsvnath Developers Limited (PARV.BO) Quote, Profile, Research
Pyramid Saimira Theatre Limited (PYSA.BO) Quote, Profile, Research
Rasoya Proteins Ltd (RSPR.BO) Quote, Profile, Research
Sarang Chemicals Ltd (SARN.BO) Quote, Profile, Research
Sheetal Bio-Agro Tech Ltd (SBIO.BO) Quote, Profile, Research
Syndicate Bank Limited (SBNK.BO) Quote, Profile, Research
Wellworth Overseas Ltd (WLWT.BO) Quote, Profile, Research
Birla Power Solutions Limited (BRLY.BO) Quote, Profile, Research
Kingfisher Airlines Limited (KING.BO) Quote, Profile, Research
Essar Oil Ltd (ESRO.BO) Quote, Profile, Research
GMR Infrastructure Ltd (GMRI.BO) Quote, Profile, Research
Hindustan Construction Company Ltd. (HCNS.BO) Quote, Profile, Research
Housing Development and Infrastructure Limited (HDIL.BO) Quote, Profile, Research
Indiabulls Financial Services Ltd (IBUL.BO) Quote, Profile, Research
IOL Netcom Limited (IOLB.BO) Quote, Profile, Research
Puravankara Projects Limited (PPRO.BO) Quote, Profile, Research

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