India's largest travel-related website, MakeMyTrip ltd has said that it is going to sell some of its stock in the US through an IPO.

The total worth of the stakes is going to be around $100 million and the company is aiming at raising much more from the markets than this.

It is looking forward to list itself on the Nasdaq Global Market with the ticker symbol of MMYT, said the company which has been in operation for a decade.

As for the proceeds, they will be used for the purpose of various acquisitions as well as in other fields as well.

Tilaknagar Industries, a maker of Indian Made Foreign Liquor, commenced trading on the National Stock Exchange today.

The shares of the company, which belled the day at Rs 160.10, was trading 3.9% up at Rs 163 during noon trade as against its last closing figure of Rs 156.85 as registered on the BSE.

The company's scrip will be traded under the symbol 'TI'.

The company said that trading at the NSE would perk up the liquidity of the scrip and augment its accessibility.

Hindustan Media Ventures' (HMV) initial public offer (IPO) received good response on the bourses. The Rs. 270 issue managed to attract good review by the investors on the last day of its subscription/

The IPO was subscribed 5.23 times showed the data collected by NSE. The value of the highest bid was Rs. 162-166 per share while the company had provided a price band of Rs. 162-175 for every share.

It was subscribed one per cent during the last days and was not taken well at that time.

Looking at the condition of the IPO markets in US, Accretive Health Inc. and ReachLocal Inc., have decided to reduce the size of their IPO offerings. The decrease is as much as 44 per cent and has been the outcome of the falling markets in May.

Both the companies come from different sector. While Accretive is into the business of outsourcing healthcare bills, ReachLocal is into the business of helping small and medium enterprises to buy online advertising area. This means that the fall has been overall in nature and that no one sector has been a lone sufferer.

Post its issue closing on May 3, it was seen that the IPO of SJVN Ltd. has been over-subscribed 6.64 times it original number.

While the analysts think that the issue has just got lukewarm response, it is commendable looking at the kind that was generated by other disinvestment IPOs.

As per the latest information, the public issue received bids for 2,754,524,000 equity shares as against its offer of 415,000,000 equity shares. For as many as 326,502,000 it got bids at the cut off price. The others were other over-priced or were given below the price allotted.

Public issue of state-owned lender, Punjab & Sind Bank (PSB) is expected to come by the end of June this year or first half of July. This plan was revealed by the Chairman and Managing Director of the bank, G S Vedi.

Talking to the media, Vedi said that the money raised through this issue will be used to fund the growth plans of the bank. As o now, the growth in the business of the bank has been close to 38 per cent during 2009-10 and to keep up the momentum, more money is needed.

Jaypee Infratech has high hopes from its upcoming public offer. The company is going to tap the capital market on April 29, with the opening of its IPO.

It will end on May 4. The price band of the share is in between Rs. 102 and Rs. 111 per share. Besides this, the shares will be given at 5 per cent discount in case a retail investor buys it.

Through the IPO, the infrastructure development firm wants to raise close to Rs. 2,350 crore or $530 million.

On Thursday, Essar Group launched its IPO in London to raise close to $2.5 billion. The money thus raise would be used by the Indian conglomerate for its energy and power business.

This is the biggest IPO in London ever since 2007 where the company sold 20-25 per cent of its stake in Essar Energy to other institutions.

The money is needed so that its growth plans are fuelled. It is looking forward to buy new coal mines for its power business and is also going to bid for oil and gas exploration blocks.

The Gurgaon-based domestic carrier Indigo Airlines is looking at raise funds for the overseas flights that it plans to commence after it completes the mandatory five years of operation in the Indian market in August next year.

Notably, sources confirm hat the aviation company, being managed by InterGlobe Aviation has recently appointed investment bankers like UBS AG, Morgan Stanley, Credit Suisse Group and Citigroup Inc. to come out with a suitable option of raising funds. Moreover, the company is aiming to take the IPO or the PE route.

Two US-based private equity firms (PE), KKR and Bain, are going to sell their stakes in NXP. The two have taken this decision so that they are able to raise enough cash which can then be used to return to the investors or pay back the huge pile of debt that has come up.

NXP is a Dutch semiconductor company which was taken over by the two PE companies way back in 2006. And now, through stake sale they expect to raise close to $1 billion. Stake sale will use the IPO route for raising money, people close to the development said.

Public sector coal miner Coal India Ltd. (CIL) posted a four-fold rise in its bottom-line for the financial year 2009-10. The company booked a net profit of Rs.8,312 crore for the fiscal as compared to Rs.2,078 crore in the previous financial year.

The company’s top-line at Rs.52,088 crore witnessed a rise of just 13.74 per cent over the year-ago period, Partha Bhattacharya, the company’s Chairman and Managing Director, said in a statement.

IT company Persistent Systems performed impressively on its debut on the Bombay Stock Exchange on Tuesday. The scrip, which came to market with an issue price of Rs. 310 a share, not only opened at Rs. 400, but also rallied to Rs. 448 offering 44.52 per cent return on listing in the morning trades.

On the other hand, the scrip though received lesser euphoria as compared to the BSE and opened at a premium of 16.65 per cent at Rs. 361.60 per share, soon it generated momentum and climbed up to Rs. 447.30 to match the BSE price.

Primerica Inc., the life insurance business of Citigroup Inc., has priced its IPO above the expected range. This was told by an underwriter, on Thursday, and has been possible because of the larger than expected turnaround for the IPO.

It managed to sell 21.36 million shares with a face value of $15 each. At this rate, it can get $320.4 million. Earlier, it had planned to sell 18 million shares. The value of each share at that time was kept between $12 and $14.

Majority of financiers are planning to raise their funds through capital market.

SKS Microfinance, the largest microfinance institution (MFI) in the country, also found the strategy of initial public offering (IPO) as the best for the company, to raise the capital of Rs. 1.68 crore shares .

Similar is the case with Standard Chartered Bank, who is also planning to raise a capital of $1 billion through Indian depository Receipts issue.

There are two main shareholders in SKS; venture capital firm Sequoia and N. R. Narayana Murthy's Catamaran Management Services.

Australia's biggest initial public offering (IPO) since Kathmandu, Miclyn Express Offshore, failed to maintain its good performance.

After showing a good performance, just after the opening, the float gave in to bullish tendencies and shed the early gains. Starting in the morning at $1.92, which was 2 cents higher than its issue price, it went up to $1.95.

This happened even though, at the same time, ASX went down by 1 per cent.

IntraSoft Technologies has fixed its IPO band price. It will be in between Rs. 137 and Rs. 145.

The technology company is planning to sell 37 lakh equity shares with a face value of Rs. 10 each. The issue will be available for subscription on Tuesday March 23. It will close on Friday March 26.

The company expects to raise Rs. 50.69 crore at the lower end of the issue price and Rs. 53.69 crore at the upper band.

The price band of the upcoming public issue of Shree Ganesh Jewellery House has been fixed at Rs. 260-270. The company made this announcement on Wednesday.

The jewellery house plans to raise close to Rs. 328 crore through this issue. This money is going to be used in the expansion and diversification of the jeweler's operations in India.

142,69,831 equity shares with a face value of Rs. 10 per share will be going up for sale. Out of this 121,36,497 shares will be fresh equity and the rest will be for the PE investor.

The mining company, Endocoal is all set to raise $17 trillion through a public issue, which it plans to come up with very soon.

The money is going to be used in the exploration of coal in the Bowen Basin of Queensland.

The company claims that it owns the largest reserves of possible coal exploration fields in the Queensland's premiere coal producing region.

Talking about the prospects, the company said in a statement that Endocoal has under its ownership ten exploration tenements. In all they cover an area of approximately 5,000 sq kms. in the Bowen Basin.

UK-based retailer SuperGroup, which postponed its IPO last month sighting unfriendly market conditions, has now moved ahead with the public issue program to raise nearly £395 million from the market.

The public offer also includes a 31.7 per cent private placement to institutional investors and balance for the retail investors. Post market listing the retailer's officials, staffs and related investors will have a 68% stake in the company's ordinary equity capital.

The operator of the London Eye and Alton Towers, Merlin Entertainments announced yesterday that it may come out with an Initial public offering by the end of June. The company withdrew plan for a £2billion IPO last month due to investor worries over volatility in the equity markets.

The chief executive of Merlin, Nick Varney said, "We have made no secret that an IPO is one of the options for Merlin."

Many firms had to cancel their IPO in the last few months globally. A report suggests that 32 out of 62 IPOs launched since 1 December 2009 were cancelled around the world.