Mr. Bill Gates acknowledges Hester for developing a Newcastle Disease Vaccine - Sonalika Tractors aims to expand in Europe and 5 global markets eyes 20% growth - Schneider Electric Announces EcoXpert™ Master Level Partners in Critical Power - NAREDCO TO LAUNCH ITS FIRST PROPERTY EXHIBITION IN MUMBAI - BSE’s India INX gets SEBI nod for listing framework of debt securities - Prime Minister inaugurates Dr. Ambedkar International Centre - Defending champ Rashpal confident of retaining Crown - ICAI International Conference 2017 Concludes Today - adidas partners with Lifestyle International Pvt. Ltd. adidas women’s apparel will now also be available at 16 Lifestyle stores across India - PUBLICATION OF MARATHI NOVEL "HIS DAY" FOR HIZDE [Trans Gender] RELEASED AT A BOOK LAUNCH AMIDST EUNUNCHS - NSE compiles ‘Regulation wise Compilation of SAT Orders’ Senior SEBI officials release an e-book in 5 volumes on SAT orders - Ruchi Soya to scale up Soybean crushing business post favorable government policies - Cloudnine Group of Hospitals Inaugurates First ever hospital in New Mumbai dedicated to mothers & babies - STERLING HOLIDAYS REDEFINING THE INDIAN HOLIDAY LANDSCAPE - Astron Paper and Board Mill Limited’s IPO opens on December 15, 2017, with Price Band of Rs. 45 to Rs. 50 per Equity Share of Face Value of Rs. 10 each - SumTotal Advances as a Leader in Nucleus Research’s Talent Management Technology Value Matrix for a Third Consecutive Year - PRICING OF USD 500 MILLION 3.835% FIXED RATE SENIOR UNSECURED DOLLAR GREEN BOND OF 10 YEAR TENOR BY INDIAN RAILWAY FINANCE CORPORATION LIMITED - Nation pays tribute to Dr Babasaheb R. Ambedkar on his death anniversary along with the Prime Minister and Celebrity - 2nd Global Textile Technology & Engineering Show 1st – 3rd February 2019 - White Hill Music releases brand new song ‘Nain’ from the album ‘Solo’ - Camlin brings Iconic `Flora Classic’ Pencils back - The 5th Edition of China Homelife / Machinex India 2017 inaugurated at BEC, Mumbai - Emotion with devotion needed for Khadi’s growth, says Minister Giriraj Singh - Union Bank of India ties up with RXIL (Receivable Exchange of India Ltd) as a TReDS (Trade Receivable Discounting System) Partner - CJP Uploads Online Petition Intervening For Peace in Ayodhya - The Governor of Maharashtra CH Vidyasagar Rao has expressed grief on the demise of veteran actor Shashi Kapoor - Actress-Model Daljeet Kaurr Mrs Universe 2016 introduced models from 26 cities for Mr, Miss and Mrs IAWA 2017 at Off the Grid Lounge,Mumbai - Music Launch of ‘Dr. Tatya Lahane | Angaar… Power Is Within’ A Mesmerizing Affair - Noor (Non-Interest Bearing Resident Accounts) Personal Accounts Launched By Federal Bank on Milad-E-Sherif - Latest Patented Innovation from Kaspersky Lab Helps Businesses Tackle Stealth Remote Control - VODAFONE INTRODUCES NOIDA’S FIRST FREE WI-FI ENABLED BUS SHELTER - Intersolar India, the Three Day Flagship Solar Industry Conference and Exhibition Opens on December 5 in Mumbai - Mercedes-Benz strengthens its after-sales footprint in south India, inaugurates the first luxury car workshop in Salem - Ravi Dube, Ahsaan Qureshi,Shharad Malhotra,Meghna Naidu, Iqbal Khan, Ishrat Ali, Daljit Kaur & Yogesh Lakhani came for 4th Dashnik Mumbai Press Media Award at Iskcon,Mumbai. - INAUGURATION OF AADHAR ENROLMENT-CUM-UPDATION CENTRE AT MUMBAI GPO - Hema Malini launches “ONE FOR ALL , ALL FOR ONE”, a Tribute and salute to Indian Army - Bollywood Actor and MP Hema Malini during announcement the Synergy, an Indo Georgian Dance fusion in Mumbai - Glamour Rendezvous Diagold cuts the ribbon with Shilpa Shetty - Moneycontrol hosts a special ground event ‘India’s Road Ahead’ - GUJARAT ELECTIONS STARTS TODAY - Yogacharya Amit Dev transcends Mahaprabhu Ji’s Yoga to Russia

BSE Limited – Public Issue to open on January 23, 2017, and to close on January 25, 2017 Price Band fixed from Rs. 805 to Rs. 806 per Equity Share

NAYAN MEHTA (CHIEF FINANCIAL OFFICER, BSE LIMITED), ASHISHKUMAR CHAUHAN (MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER, BSE LIMITED), NEERAJ KULSHRESTHA (CHIEF OF BUSINESS OPERATIONS, BSE LIMITED) at the IPO press conference - Photo By Sachin Murdeshwar GPN NETWORKNAYAN MEHTA (CHIEF FINANCIAL OFFICER, BSE LIMITED), ASHISHKUMAR CHAUHAN (MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER, BSE LIMITED), NEERAJ KULSHRESTHA (CHIEF OF BUSINESS OPERATIONS, BSE LIMITED) at the IPO press conference - Photo By Sachin Murdeshwar GPN NETWORK
L to R: VIKAS KHATTAR (JEFFERIES INDIA PRIVATE LIMITED), VIKAS KHEMANI (EDELWEISS FINANCIAL SERVICES LIMITED), NAYAN MEHTA (CHIEF FINANCIAL OFFICER, BSE LIMITED), ASHISHKUMAR CHAUHAN (MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER, BSE LIMITED),  NEERAJ KULSHRESTHA (CHIEF OF BUSINESS OPERATIONS, BSE LIMITED), SALIL PITALE (AXIS CAPITAL LIMITED) and UTPAL OZA (NOMURA FINANCIAL ADVISORY AND SECURITIES (INDIA) PRIVATE LIMITED) at the IPO press conference- Photo by Sachin Murdeshwar GPN NETWORK

L to R: VIKAS KHATTAR (JEFFERIES INDIA PRIVATE LIMITED), VIKAS KHEMANI (EDELWEISS FINANCIAL SERVICES LIMITED), NAYAN MEHTA (CHIEF FINANCIAL OFFICER, BSE LIMITED), ASHISHKUMAR CHAUHAN (MANAGING DIRECTOR & CHIEF EXECUTIVE OFFICER, BSE LIMITED),
NEERAJ KULSHRESTHA (CHIEF OF BUSINESS OPERATIONS, BSE LIMITED), SALIL PITALE (AXIS CAPITAL LIMITED) and UTPAL OZA (NOMURA FINANCIAL ADVISORY AND SECURITIES (INDIA) PRIVATE LIMITED) at the IPO press conference- Photo by Sachin Murdeshwar GPN NETWORK.

 

 

 

Mumbai, January 17, 2017 (GPN) : BSE Limited (the“Exchange” or “Issuer” or “BSE”) proposes to open on Monday, January 23, 2017, an initial public offering of up to 15,427,197 equity shares of face value Rs. 2 each (“Equity Shares”) at a Price Band from Rs. 805 to Rs. 806 per Equity Share (including a share premium) consisting of an Offer for Sale by persons listed in Annexure A (the “Offer”) of the Red Herring Prospectus dated January 11, 2017, filed with SEBI (“RHP”). The Offer shall constitute up to 28.26% of the fully diluted post-Offer issued share capital of BSE.

The Offer will close on Wednesday, January 25, 2017. BSE, in consultation with the Managers, may consider participation by Anchor Investors in accordance with the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2009, as amended (“ICDR Regulations”). The Anchor Investor Bidding Date shall be one Working Day prior to the Offer Opening Date; i.e., January 20, 2017. Bids can be made for a minimum of 18 Equity Shares and in multiples of 18 Equity Shares thereafter.The Global Co-ordinators and Book Running Lead Managers (“GCBRLMs”) to the Offer are Edelweiss Financial Services Limited, Axis Capital Limited, Jefferies India Private Limited and Nomura Financial Advisory and Securities (India) Private Limited. The Book Running Lead Managers (“BRLMS”) to the Offer are Motilal Oswal Investment Advisors Private Limited, SBI Capital Markets Limited and SMC Capitals Limited. The Co-Book Running Lead Manager (“Co-BRLM”) to the Offer is Spark Capital Advisors (India) Private Limited.

 In terms of Rule 19(2)(b) of the Securities Contracts Regulations Rules, 1957, as amended (“SCRR”) read with Regulation 41 of the ICDR Regulations, and in compliance with Regulation 26(1) of the ICDR Regulations, wherein not more than 50% of the Offer shall be available for allocation on a proportionate basis to Qualified Institutional Buyers (“QIB”). Provided that BSE in consultation with the Managers, may allocate up to 60% of the QIB Portion to Anchor Investors on a discretionary basis. One-third of the Anchor Investor Portion shall be reserved for domestic Mutual Funds, subject to valid Bids being received from domestic Mutual Funds at or above the Anchor Investor Allocation Price. 5% of the QIB Portion (excluding the Anchor Investor Portion) shall be available for allocation on a proportionate basis to Mutual Funds only, and the remainder of the QIB Portion shall be available for allocation on a proportionate basis to all QIB Bidders (other than Anchor Investors), including Mutual Funds, subject to valid Bids being received at or above the Offer Price. Further, not less than 15% of the Offer shall be available for allocation on a proportionate basis to Non-Institutional Investors and not less than 35% of the Offer shall be available for allocation on a proportionate basis to Retail Individual Investors, in accordance with the ICDR Regulations, subject to valid Bids being received at or above the Offer Price. All Bidders, other than Anchor Investors, are required to mandatorily utilise the Application Supported by Blocked Amount (“ASBA”) process providing details of their respective bank accounts which will be blocked by the Self Certified Syndicate Banks (“SCSBs”), to participate in this Offer. Anchor Investors are not permitted to participate in the Anchor Investor Portion through the ASBA process.

The Equity Shares offered through the RHP are proposed to be listed on NSE.

All capitalized terms used herein and not specifically defined shall have the same meaning as ascribed to them in the RHP.

The RHP will be available on the websites of SEBI and NSE at www.sebi.gov.in and www.nseindia.com, respectively, and at the websites of the GCBRLMs to the Offer at www.edelweissfin.com,www.axiscapital.co.inwww.jefferies.com andwww.nomuraholdings.com/company/group/asia/india/index.html, BRLMs to the Offer athttp://www.motilaloswalgroup.com,www.sbicaps.com and www.smccapitals.com, and Co-BRLM to the Offer at www.sparkcapital.inrespectively.

 

About the Author

Sachin Murdeshwar
Sachin Murdeshwar is a Sr.Journalist and Columnist in several Mainline Newspapers and Portals.He is an ardent traveller and likes to explore destinations to the core.

Be the first to comment on "BSE Limited – Public Issue to open on January 23, 2017, and to close on January 25, 2017 Price Band fixed from Rs. 805 to Rs. 806 per Equity Share"

Leave a comment

Your email address will not be published.


*