Liquidity Suckers!

I have compiled list of companies planning to raise funds from the market through various means and the amount they are looking to raise. As you can see from the table below, $11bn+ worth of paper supply can potentially come in the market over next one year as shareholder approval is valid for one year and the timeline for promoters to bring down their shareholding to 75% within 3 years of listing. This is just the secondary markets transactions.

QIP/Rights issue
HDFC Bank upto 15500crs
excluding HDFC investment
HDFC upto 13000crs
Tata Steel upto 12800crs
Indian Bank upto 7000crs
Bank of Baroda upto 6000crs
DLF upto 4150crs (assuming 240/share)
upto 17.30crs shares
Bank of India upto 3000crs
Himadri Specialty upto 1000crs
JM Financial upto 650crs
Hatsun Agro 900crs
Orient Cement upto 500crs
Deepak Nitrite upto 150crs
NCC upto 550crs
Zuari Agro Chem upto 400crs
Majesco upto 250crs
Punjab Chemicals upto 150crs
Rasandik upto 40crs
Potential OFS  Amount Promoter stake over 75%
ICICI Pru Life 3245crs at CMP 395 5.71%
Inox Wind 350crs at CMP 148 10.62%
Sheela Foam 890crs at CMP 1713 10.68%
Endurance Tech 1390crs at CMP 1320 7.50%
L&T Infotech 1650crs at CMP 1068 9.03%
L&T Technologies 1480crs at CMP 1000 14.51%


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