Top companies that contribute market-cap gain in 2017

Reliance Industries, HDFC Bank Ltd, Maruti Suzuki (India)Ltd, Hindustan Unilever Ltd and Bharti Airtel Ltd are recognized as the top five companies that have contributed more than half of the gain in market capitalization (M-cap) recorded by S&P BSE Sensex companies so far in the calendar year 2017. The S&P BSE Sensex ended at 33,463 on Friday, and has rallied 26 percent or 6,836 points so far in 2017. By comparison, these five stocks surged between 56% and 72% during the period.  Total M-cap of Sensex companies increased by Rs 11.49 lakh crore to Rs 58.16 lakh crore. Of these gain, the aforesaid five companies accounted for 63%, or Rs 7.18 lakh crore gain during the period.

Shalby Hospital aims to raise Rs 505 cr through IPO: It opens on 5 Dec

Shalby Multi Specialty Hospital is aiming to raise Rs 505 cr from its IPO, which opens on 5 December. It has set a price band of Rs. 245 to 248 per share for the offer, which values it at Rs. 2,172 to 2,198 cr. The IPO would close on 7 December.

Bids can be made for a least amount of 60 equity shares and multiples of 60 thereof. The IPO consists of a fresh issue of shares for upto Rs. 480.00 cr and an offer for sale of Rs 24.8 cr.

Promoter Vikram Shah Burman plans to sell one million shares, which at the upper end of the price band will fetch Rs. 24.8 cr. Edelweiss Fin Services, IDFC Bank & IIFL Holdings are managing the Shalby IPO.

This year, the fund-raising through Initial Public Offering has clocked the all-time high seen in 2010, where 64 cos raised Rs. 37,534.65 cr. Until October 2017, the Indian primary market has registered 30 IPOs with companies raising Rs. 47,099 cr, as per data from Prime Database market tracker.