Servalakshmi, Muthoot, Future Venture: India IPO Alert

Following is a table showing Indian companies selling shares through an initial public offering, or IPO, according to company filings to the Securities and Exchange Board of India.

At least 109 companies have pending draft offer documents with the regulator seeking approval for share sales. Indian Companies raised about 331 billion rupees ($7.4 billion) from 52 IPOs in the year ended March 31. Kabirdass Motor Co. and Vishwanath Projects Ltd. filed their sale documents with the regulator this week.

=============================================================================
Companies               Shares Offered Draft Filing Date  Price      Amount
(Arrangers)                or           Offer Period     (Rupees)   (Rupees)
                         Stake Size        Demand
=============================================================================
Servalakshmi Paper Ltd.   ---           Proposed        27-29    600 Million
(Keynote Corporate and                  April 27-29
Indian Overseas Bank)
-----------------------------------------------------------------------------
Innoventive Industries    ---           Proposed       117-120   2.2 Billion
Ltd. (Axis Bank and                     April 26-29
Avendus Capital Pvt.)
-----------------------------------------------------------------------------
Future Ventures India     ---           Proposed        10-11    7.5 Billion
Ltd. (Enam, JM Finance,                 April 25-28
Kotak Mahindra Capital)
-----------------------------------------------------------------------------
Paramount Printpackaging  13.1 Million  Proposed        32-35    458 Million*
Ltd. (Onelife Capital      or           April 20-25
Advisors)                 49.04%        0.2 Times
-----------------------------------------------------------------------------
Muthoot Finance Ltd.      51.5 Million  Proposed       160-175    9 Billion*
(ICICI Securities, Kotak   or           April 18-21
Mahindra, HDFC Bank)      13.9%         22.2 Times
-----------------------------------------------------------------------------
Galaxy Surfactants Ltd.   5.93 Million  Proposed         ---     ---
(Motilal Oswal Investment  or           April 29
and Centrum Capital)      25.1%
-----------------------------------------------------------------------------
One97 Communications Ltd. ---           Proposed         ---     1.2 Billion
(IDFC Capital, Avendus                  & Delayed
Capital)
-----------------------------------------------------------------------------
APR Construction Ltd.     ---           April 6         ---      1.04 Billion
(BOB Capital, Karvy
Investor, Saffron Capital)
-----------------------------------------------------------------------------
Multi Commodity Exchange  6.43 Million@ March 31        ---      ---
Of India Ltd. (Citigroup,  or
Edelweiss, Morgan Stanley)12.6%
-----------------------------------------------------------------------------
Intas Pharmaceuticals     5.81 Million@ March 25        ---      4.25 Billion
Ltd. (Kotak Mahindra and  of Mozart Ltd.
Morgan Stanley India)
-----------------------------------------------------------------------------
Arch Pharmalabs Ltd.      6.17 Million@ March 23       ---       1.35 Billion
(India Infoline and
Enam Securities)
-----------------------------------------------------------------------------
Powerica Ltd. (Citigroup, 4.1 Million@  March 9        ---       6.5 Billion
JM Financial, Kotak and
IDFC Capital)
-----------------------------------------------------------------------------
Tara Jewels Ltd.          ---           Sept. 30        ---      200 Million@
(Enam Securities)
-----------------------------------------------------------------------------
Readymade Steel India     ---           Nov. 24         ---      413 Million*
Ltd. (Arihant Capital)
-----------------------------------------------------------------------------
Sanghvi Forging and       ---           Sept. 30        ---      425 Million*
Engineering Ltd.
(Arihant Capital)
-----------------------------------------------------------------------------
Ortel Communications Ltd. 8.18 Million@ March 16        ---      1 Billion
(IDFC Capital and
Centrum Capital)
-----------------------------------------------------------------------------
Super Religare Laborator- 28 Million    Feb. 15         ---      ---
-ies Ltd. (Nomura, Kotak, or
and Religare Capital)     35%
-----------------------------------------------------------------------------
TD Power Systems Ltd.     ---           Feb. 22         ---      2.5 Billion*
(Enam, Antique Capital
and Equirus Capital Pvt.)
-----------------------------------------------------------------------------
Tree House Education &    9.7 Million   Feb. 21         ---      ---
Accessories Ltd. (JM      or
Financial, Motilal Oswal) 28.8%
-----------------------------------------------------------------------------
Jawed Habib Hair & Beauty ---           Jan. 24         ---      600 Million
Ltd. (BOB Capital Markets)
-----------------------------------------------------------------------------
Tribhovandas Bhimji       16.67 Million Jan. 22         ---      ---
Zaveri Ltd. (IDFC Capital,or
Avendus Capital Pvt.)     25%
-----------------------------------------------------------------------------
Joyalukkas India Ltd.     18 Million    Jan. 21         ---      ---
(Enam Securities and      or
Citigroup Global)         26.5%
-----------------------------------------------------------------------------
Tata Autocomp Systems     35.6 Million@ Dec. 30         ---      7.5 Billion
Ltd. (JM Finance, Tata    or
Capital and JPMorgan)     25&
-----------------------------------------------------------------------------
Lokmat Media Ltd.         13.83 Million Dec. 27         ---       ---
(Kotak Mahindra Capital,  or
Enam Securities)          25%
-----------------------------------------------------------------------------
L&T Finance Holdings Ltd. ---            Sept. 27       ---       15 Billion
(JM Finance, Citigroup,
HSBC, Barclays, Credit
Suisse, Equirus Capital)
-----------------------------------------------------------------------------
Raheja Universal Ltd.     ---            March 29       ---     8.64 Billion*
(Kotak, Enam, Citigroup,
Morgan Stanley)
-----------------------------------------------------------------------------
Gemini Engi-Fab Ltd.      9 Million      Nov. 9          65       585 Million
(Hem Securities)          or
                          41.5%
-----------------------------------------------------------------------------
Nimbus Communications     22.05 Million@ Sept. 29       ---       ---
Ltd. (Edelweiss, Macquarie or
Capital, Centrum Capital) 29.2%
-----------------------------------------------------------------------------
Lavasa Corp.              ---            Sept. 14       ---       20 Billion
(ICICI Securities, Kotak,
Morgan Stanley, Axis Bank)
-----------------------------------------------------------------------------
Reid & Taylor Ltd.        15 Million@    Dec. 9         ---       5 Billion*
(JM Financial, JPMorgan,  (Offered for
UBS, Religare, Edelweiss,  Sale)
Antique, HSBC, IDBI Capital.
-----------------------------------------------------------------------------
Embassy Property          ---            July 12        ---      24 Billion
Developments Ltd. (UBS,
Nomura, Citigroup
and Edelweiss)
-----------------------------------------------------------------------------
Avantha Power &           ---            March 30       ---     12.6 Billion*
Infrastructure Ltd. (Enam,
Axis Bank, Citigroup,
Kotak Mahindra)
-----------------------------------------------------------------------------
Kalpataru Ltd. (Morgan,   ---            Sept. 23       ---     10.08 Billion
Citigroup, Collins Stewart,
ICICI, IDFC and Nomura)
-----------------------------------------------------------------------------
You Broadband & Cable     ---            March 30       ---      3.6 Billion*
India Ltd. (Edelweiss
Capital)
-----------------------------------------------------------------------------
Jain Infraprojects Ltd.   ---            June 29         ---      3 Billion
(IDBI Capital, SBI Capital,
Keynote Corporate)
-----------------------------------------------------------------------------
Emaar MGF Land Ltd.        ---           Sept. 30        ---      16 Billion
(Kotak, Deutsche Bank,
UBS, Credit Suisse, HSBC,
ICICI, RBS)
-----------------------------------------------------------------------------
Pride Hotels Ltd.         10.5 Million   Sept. 30        ---      ---
(Edelweiss Capital,       or
ICICI Securities)         25.2%
-----------------------------------------------------------------------------

Notes:  * Proposed maximum amount to be raised.
        # Includes option to sell more shares on demand.
        @ Includes offer for sale.

Source: The Securities and Exchange Board of India, National Stock Exchange of India.

To contact the reporter on this story: Paresh Jatakia in Mumbai at pareshj@bloomberg.net

To contact the editor responsible for this story: Arijit Ghosh at aghosh@bloomberg.net

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