ICICI

The Indian government has raised around Rp7.28bn ($111.9m) after offloading part of its holding in NLC India through a popular offer-for-sale (OFS).

The government of India is selling down its stake in NLC India through a block that could raise around Rp7.2bn ($110.6m).

Nearly three months without Masala bond issuance has left investors hungry. But Indian Renewable Energy Development Agency gave investors something healthy to chew on this week — using the structure to sell a Rp19.5bn ($297m) green bond.

Acme Solar Holdings is nearing the final stages of launching a Rp22bn ($336.7m) listing, having filed a red herring prospectus with the Securities and Exchange Board of India on Thursday.

Indian Renewable Energy Development Agency (Ireda) launched its long anticipated green Masala bond on Thursday, just days after the country’s regulators re-opened the tap for offshore rupee issuance.

Dubai healthcare group Aster DM Healthcare has signed a $295m facility with nine banks, despite concerns that its operations in Qatar would complicate syndication of the debt.

Indian animal feed and agribusiness company Godrej Agrovet plans to bring a Rp11.65bn ($178.6m) IPO to the market on October 4, with the deal to feature both new and secondary stock.

ICICI Lombard General Insurance Co has priced its Rp57bn ($884m) IPO at the top of the range, after strong institutional investor support made books nearly three times subscribed.

ICICI Lombard General Insurance Co closed books for its IPO on Tuesday, with the Rp57bn ($886.4m) trade more than 250% subscribed.

ICICI Lombard General Insurance Co kicked off a three day bookbuild for its potential Rp57bn ($888.8m) listing on Friday after placing Rp16.2bn of stock with a hefty group of anchor investors.

SBI Life Insurance Co is preparing to treat India to the first billion-dollar IPO in seven years as it readies an eagerly awaited Rp84bn ($1.3bn) listing.

India’s Larsen & Toubro is set to trial a new bookbuilding format for its planned infrastructure investment trust (InvIT), a move designed for success as the asset class struggles to gain traction.