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Investors’ options to apply for the IPOs and rights issues under ASBA, with banks blocking the application money in personal accounts of investors, has become much broader, reports The Hindu Business Line.

Texmo Pipes and Products Limited, presently engaged into manufacturing of PVC and HDPE pipes, proposes the expansion of product range and setting up of manufacturing facilities for injection mouldings/fittings and woven sacks.

SEBI has barred 14 entities of the Bhansali Group from buying and selling of securities for three years for alleged irregular trading in the shares of Nissan Copper, immediately after its IPO listing on December 29, 2006, reports The Hindu Business Line.

Amid the dearth of traditional modes of fund raising from the equity as well as debt markets, India Inc resorted to rights issue offerings and raised a whopping Rs 29,699 crore in this year, says a report.

Reliance Infra, the infrastructure arm of Reliance Communications is likely to raise funds from the market in 2009, Anil Ambani, chairman of the company said in Mumbai on Tuesday.

Great Eastern Energy Corporation (GEECL), has filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). GEECL believes that it is the first company to commercially sell coalbed methane (CBM) in India.

State-run Oil India Ltd's initial public offering has been put off to the next fiscal because of volatile market conditions.

Initial public offerings, which had been the stars in the bull market last year, have lost their charm this year and are likely to face bleak days ahead in 2009.

Gujarat State Petroleum Corp. Ltd. has put on hold its proposed initial public offer due to choppy market conditions, and will instead raise debt to part finance the gas development plan of its deepwater KrishnaGodavari block, Managing Director D.J. Pandian said today.

Gujarat State Petroleum Corp has put on hold its planned initial public offer due to choppy market conditions and would instead raise debt to finance development of its eastern offshore Krishna-Godavari basin gas finds.

Securities Appellate Tribunal (SAT) has reserved the order on NSDL and CDSL appeal against SEBI order in the IPO scam after hearing the arguments of both the parties in the matter, reports The Hindu Business Line.

Radiant Info System, which topped the Deloitte Technology Fast 50 India 2008 ranking, awaits the Securities and Exchange Board of India’s nod for making its Initial Public Offer, reports The Hindu Business Line.

The Securities Appellate hearing of NSDLCDSL’s appeal against the SEBI order in IPO scam case that has been going on for the last two years is nearing final stages, reports The Hindu Business Line.

The market regulator, SEBI has asked exchanges to set up system to track IPO bank guarantee, reports CNBCTV18.

Market regulator Sebi (Securities and Exchange Board of India) has extended the IPO validity period to one year in its board meeting. Sebi Chairman CB Bhave said companies can use IPO funds only after allotment of shares.