Adani Cement, through Endeavour Trade and Investment, has signed agreements with international banks to refinance $3.5 billion debt taken for acquisition of Ambuja Cements and ACC last year
The IPOs of all three companies are a mixture of a fresh issue of equity shares and an offer for sale by existing shareholders.
The issue comprises 2 crore non‐convertible debentures of face value of ₹1,000 each, aggregating up to ₹2,000 crore.
SBI’s infra bonds had a base issue size of ₹4,000 crore and a greenshoe option of ₹6,000 crore.
The IPO comprises fresh issue of equity shares worth ₹180 crore and an OFS of 1.72 crore equity shares worth ₹1,784 crore by TPG and promoters.
The wind turbine manufacturer will raise up to ₹2,000 crore through qualified institutional placement.
The public issue comprises a base issue size of up to ₹250 crore and a green shoe option of up to ₹250 crore.
The real estate investment trust will use proceeds to fund the acquisition of 50% stake in two large commercial assets.
The Gurugram-based airline will reportedly issue 3.4 crore equity shares of the face value of ₹10 apiece and 13.5 crore warrants to Spice Healthcare.
The investments are proof of the underlying strength of the group’s businesses and its commitment to the highest level of governance, says Adani group.
