ICICI

Birla Carbon has closed a $1.2bn multi-tranche loan after attracting six participants during senior syndication, according to a banker close to the situation.

HDFC Asset Management is gunning for up to Rp28bn ($408m) from its IPO in India after setting the final price guidance for the offering.

Mobile marketing platform Affle is preparing to launch a $100m IPO, a source close to the deal told GlobalCapital Asia.

Indian apparel maker TCNS Clothing is seeking up to Rp11.24bn ($163.9m) from a float of only secondary shares.

The Securities and Exchange Board of India has waved through Lodha Developers’ IPO, barely two weeks after putting the transaction on hold.

The Securities and Exchange Board of India has put the IPO plans of real estate company Lodha Developers on hold while it examines "past violations".

A sell down in India’s ICICI Prudential Life Insurance by its parent, worth up to Rp11.2bn ($164.8m), has been warmly embraced by institutional investors.

India’s HDFC Bank and Yes Bank won approval this week to go ahead with their billion-dollar fundraising plans. A number of methods are on the table, including qualified institutional placements (QIPs).

Indian lender Yes Bank has won approval from shareholders to raise up to $1bn in fresh capital through a variety of methods, including a qualified institutional placement (QIP).

Auto components maker Sansera Engineering has mandated four firms to lead its India IPO, which could raise up to Rp15bn ($219.9m), according to a banker on the deal.

Birla Carbon, part of Indian conglomerate Aditya Birla Group, is targeting its relationship banks for the senior syndication of a $1.2bn borrowing.

IndInfravit Trust lifted the gloom in India’s infrastructure investment trust market this week after its Rp32.3bn ($484m) private placement, a first for the asset class, drew in Allianz Capital Partners and Canada Pension Plan Investment Board.