India Shelter Finance IPO comprises fresh equity issue worth Rs 800 crore along with an offer for sale (OFS) of 400 crore. The price band of this public issue is fixed at Rs 469-493, and at the upper end, the company plans to raise Rs 1200 crore. ICICI Securities, Citigroup Global Markets, Kotak Mahindra Capital Company and Ambit Pvt Ltd are the book running lead managers for the IPO.
Minority investors show less dissent as cos hear them out
Indian companies are experiencing a decline in shareholder dissent, with resolutions facing over 20% opposition from institutional investors dropping to 16% this fiscal year. Increased