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PNC Infratech Limited allots 38.62 lakh shares @ Rs. 378 aggregating to Rs. 146 crore to anchor investors

·         Anchor investors include Goldman Sachs India, HDFC Trustee Co Ltd., Birla Sun Life Trustee Co. Ltd., DSP Blackrock India, Reliance Capital Trustee Co. Ltd., Reliance Mutual Fund, L&T Mutual Fund, Sundaram Mutual Fund and Kotak Mutual Fund. ·         Public Offer opens on 8 th May 2015 and closes on May 12, 2015 ·         Price Band fixed from Rs. 355 to Rs. 378 per Equity Share PNC Infratech Limited (“PNC INFRATECH” or our “Company” or the “Company” or the “Issuer”) has finalized the allocation of 3,861,511 equity shares to anchor investors at Rs. 378 (upper end of Price Band) aggregating to approximately around Rs. 146 crore. The anchor investors include Goldman Sachs India, HDFC Trustee Co Ltd., Birla Sun Life Trustee Co. Ltd., DSP Blackrock India, Reliance Capital Trustee Co. Ltd., Reliance Mutual Fund, L&T Mutual Fund, Sundaram Mutual Fund and Kotak Mutual Fund.  The anchor allotment was as follows: GOLDMAN SACHS INDIA FUND – 2,64,530 equity share

Spark Minda & Vehicle Access Systems Technology Llc enter into a 50:50 Joint Venture

Global Automotive Component manufacturer “ Spark Minda, Ashok Minda Group” has entered into a Joint Venture partnership with “ Vehicle Access Systems Technology Llc.(VAST)”, USA, a group with a global presence as valued supplier of strategic vehicle access components and systems to targeted global customers and known for “Key solutions for automotive world” . This joint venture entity between two groups named as Minda VAST Access Systems Private Limited (“Minda VAST”) will have operations in Pune and Delhi-NCR. VAST , USA is a highly qualified, global supplier of security/ access control products for the motor vehicle industry. It will support to the Joint Venture for - the locksets, steering column locks, latches, strikers, socket bows, handles, immobilizers, passive entry, start systems, ignition switches, hinges, power access etc. With approx. 1.2 bn USD in sales and around 8,000 employees, VAST is one of the global market leaders in the access systems business.  The ma

PNC Infratech Limited Public Offer opens on 8th May 2015

  Price Band fixed from Rs. 355 to Rs. 378 per Equity Share PNC Infratech Limited (“PNC INFRATECH” or our “Company” or the “Company” or the “Issuer”) proposes to open on Friday, 8 th May, 2015, a public issue of up to 12,921,708 Equity Shares of face value of Rs. 10 each (the “Equity Shares”) including a share premium per Equity Share (the “Offer”). The Price Band is fixed from Rs. 355 to Rs. 378 per Equity Share. The Offer comprises a fresh issue to the public of up to 11,500,000 Equity Shares by the Company (the “Fresh Issue”) and an Offer for Sale of up to 1,421,708 Equity Shares (the “Offer For Sale”) by NYLIM JACOB BALLAS INDIA (FVCI) III LLC (THE “Selling Shareholder” or “NYLIM JB”). The Offer includes a reservation of 50,000 Equity Shares for subscription by Eligible Employees (the “Employee Reservation Portion”). The Offer less the Employee Reservation Portion is referred to as the “Net Offer” aggregating up to 12,871,708 Equity Shares. The Bid/Offer closes on Tuesday,

UFO Moviez India Raises Rs 180 Crore From Anchor Investors

Anchors include Reliance MF, Kotak MF, SBI MF, Pinebridge Global Funds, Jupiter South Asia, Amundi, Ashmore SICAV & Bharti Axa Life Insurance PUBLIC ISSUE OPENS APRIL 28, 2015 Price Band fixed from Rs. 615 to Rs. 625 per Equity Share UFO Moviez India Limited (the “Company”), its Board and Selling Shareholders, in consultation with the Global Co-ordinators and Book Running Lead Managers, has finalized the allocation of 2,880,000 Equity Shares in aggregate, to Anchor Investors at Anchor Investor allocation price of Rs. 625 per Equity Share (upper end of the Price Band), aggregating to Rs. 1,800 million (Rs. 180 crore). The Company allotted 2,880,000 equity shares to anchors as follows: Reliance Capital Trustee Co. Ltd A/c Reliance Regular Savings Fund — Equity Option - 448,000 equity shares; Reliance Capital Trustee Co. Ltd A/c Reliance Regular Savings Fund — Balanced Option - 138,480 equity shares; Reliance Capital Trustee Co. Ltd A/c — Reliance Retirement Fund

Mr. Manish Jain is the new Chairman of All India Gems & Jewellery Trade Federation (GJF)

Mr. Manish Jain, a veteran of gems & jewellery industry, has been unanimously appointed as the Chairman of the All India Gems & Jewellery Trade Federation (GJF) for the year 2015-17. Mr. Jain is the founding member of GJF, the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) sector across India . Mr Manish Jain, Chairman, GJF Mr. Jain, the son of a freedom fighter Mr. Ishwarlal Shankarlal Jain, is the Managing Director of Rajmal Lakhichand Group, a 161-year gold jewellery firm, which has been established since 1854 in Jalgaon, Maharashtra. He is also a philanthropist & social worker addressing various causes. Welcoming Mr. Jain’s appointment as Chairman, GJF’s outgoing Chairman Mr. Haresh Soni said, “It is my honour and privilege to welcome Mr. Manish Jain to head our prestigious institution, GJF, which has a legacy of promoting the interest of the gems & jewellery trade. Considering the challenges faced by th

Maharashtra CM’s wife Smt. Amruta Fadnavis visits Global Champs pre-school in Dharavi on Ram Navami

Mrs. Fadnavis & Ms. Divija grace the 1 st  Annual Day function of the Global Champs preschool center Mrs. Fadnavis to urge Maharashtra CM to encourage more preschools like Global Champs in economically backward areas of the City ‘Global Champs’ pre-school caters to children of lower income groups, primarily in Dharavi slums   Mrs. Amruta Fadnavis (second from right), Ms. Divija Fadnavis (second from left)  cut the ribbon at Dharavi's Global Champs school by Tree House Foundation along with Mr. Rajesh Bhatia (extreme right), MD, Tree House, on Ram Navami day in Dharavi Mumbai Mumbai, Sunday, March 29, 2015 : On the auspicious occasion of Ram Navami,  Smt Amruta Fadnavis (wife of Maharashtra Chief Minister) along with daughter Divija  graced the Annual Day function of Global Champs preschool at Dharavi. Present on the occasion were Mr. Rajesh Bhatia (MD, Tree House Education & Accessories Ltd.), Mrs. Geeta Bhatia (Director, Tree House Education) and Mr. Sanj

Adlabs Entertainment Limited raises Rs 60 crore from anchor investors for its IPO

AEL  allots 27.22 lakh Equity Shares to IPO anchor investors Daiwa India Stock Active Mother Fund, HDFC Infrastructure Fund, Axis Mutual Fund, L&T Mutual Fund and IL&FS Trust Co (Forefront Alternative Equity Scheme) at Rs. 221 per Equity Share aggregating to Rs. 60 crore Public Issue opens March 10, 2015 Price Band fixed from Rs. 221 to Rs. 230 per Equity Share Discount of Rs. 12 on Issue Price (per Equity Share) to all eligible Retail Individual Bidders Mumbai, March 10, 2015: Adlabs Entertainment Limited (the “Company” or the “Issuer”) has finalised allocation of 27,22,135 Equity Shares to Anchor Investors Daiwa India Stock Active Mother Fund, HDTC Infrastructure Fund, Axis Mutual Fund, L&T Mutual Fund and IL&FS Trust Co (Forefront Alternative Equity Scheme) at Rs. 221 per Equity Share aggregating to Rs. 60.16 crore. The Company allocated 521,495 Equity Shares (19.16% of Anchor portion) to Japan Trustee Services Bank Ltd. A/C Japan Trustee Services Ba

GJF hails Union Budget and gold related initiatives,seeks more support for Make in India related gems & jewellery initiatives

Urges Govt. to reduce gold import duties to curb black money economy GST regime welcomed but high service taxes, cess will negatively impact jewellery sales Fine print awaited; implementation holds the key to gold monetisation scheme Urges Govt. to allow only jewellers; not banks to be allowed to sell Ashoka Chakra gold coins or as investment proposition to consumers to prevent rise in CAD More Make in India measures needed for manufacturing & jewellery hub Mumbai, March 3, 2015:  The All India Gems and Jewellery Trade Federation (GJF), the national trade federation for the promotion and growth of trade in Gems and Jewellery (G&J) Industry across India, has hailed the Union Budget FY2016 present ed by Finance Minister Shri Arun Jaitley as progressive growth oriented long term economic blueprint. GJF praised the ‘change in attitude’ of the new Government which has progressively stimulated several positive changes in policy such as aboliti

Adlabs Entertainment Limited Public Issue opens March 10, 2015

Price Band fixed from Rs. 221 to Rs. 230 per Equity Share Discount of Rs. 12 on Issue Price (per Equity Share) to all eligible Retail Individual Bidders Mumbai, March 2, 2015: Adlabs Entertainment Limited (the “Company” or the “Issuer”) proposes to open on March 10, 2015, a public issue of up to 20,326,227 equity shares of face value of Rs. 10 each (“Equity Shares”) including a share premium per Equity Share (the “Issue”). The Price Band is fixed from Rs. 221 to Rs. 230 per Equity Share. The promoters are Mr. Manmohan Shetty and Thrill Park Limited. The Issue comprises a fresh issue of 18,326,227 Equity Shares (the “Fresh Issue”) and an Offer for Sale of 2,000,000 Equity Shares (“Offer For Sale”) by Thrill Park Limited (the “Selling Shareholder”). The Bid/ Issue closes on March 12, 2015. The minimum Bid lot is 65 Equity Shares and in multiples of 65 Equity Shares thereafter. The Issue constitutes 25.44% of the Post-Issue paid-up Equity Share Capital of the Company. The Company