|Chennai||Rs. 25020.00 (-0.32%)|
|Mumbai||Rs. 26110.00 (0.19%)|
|Delhi||Rs. 25850.00 (0%)|
|Kolkata||Rs. 25720.00 (-0.66%)|
|Kerala||Rs. 24850.00 (-0.6%)|
|Bangalore||Rs. 25200.00 (0%)|
|Hyderabad||Rs. 25020.00 (-0.2%)|
MUMBAI (Reuters) - IndusInd Bank
The share sale to institutional investors was launched at a floor price of about 374 rupees a share, said the sources, declining to be named as they were not authorised to speak to the media. Shares in IndusInd, a private sector lender, ended 2.7 percent higher on Monday at 384.35 rupees.
Last month, IndusInd Bank picked Morgan Stanley
Many Indian companies are finalising share offering plans, enthused by a 20 percent surge in the BSE Sensex so far this year, sources have said.
Total proceeds from share sales in India in the first nine months of 2012 were $8.9 billion from 59 deals, a rise from $8.3 billion in the same period last year, according to Thomson Reuters data.
(Reporting by Sumeet Chatterjee; Editing by Tony Munroe)