New Delhi, Apr 13 (PTI) Equity firm TPG Capital-backed wires and cables manufacturer RR Kabel on Wednesday said it has acquired Luminous Power's home electrical business (HEB) from French engineering company Schneider. This acquisition will further strengthen RR Kabel’s consumer electrical goods business, which has a portfolio of fans, lights and appliances, company's Managing Director [...]
Shares of Hariom Pipe Industries on Wednesday jumped nearly 51 per cent against the issue price of Rs 153 in its debut trade. The stock made its debut at Rs 214, registering a jump of 39.86 per cent against the issue price on the BSE. It later zoomed 46.86 per cent to settle at Rs [...]
Mumbai, Apr 12 (PTI) IPO-bound JK Files & Engineering, an arm of Raymond Group, aims to clock around Rs 1,000 crore topline as well as expand its capacity in the current financial year. The city-based company hopes to have around Rs 820 crore revenues in the fiscal ended March 31, 2022, up from over Rs [...]
New Delhi, Apr 12 (PTI) Ethnic wear fashion label Biba Fashion, which is backed by Warburg Pincus and Faering Capital, has filed preliminary papers with Sebi to raise funds through an initial public offering (IPO). The IPO comprises fresh issuance of equity shares worth Rs 90 crore and an offer for sale (OFS) of 2.77 [...]
New Delhi, Apr 11 (PTI) Shares of Veranda Learning Solutions Ltd made a mixed debut on the exchanges on Monday, where it settled with 17 per cent premium on BSE against the issue price of Rs 137. In contrast, on the NSE, it ended at Rs 131.25 apiece, lower by 4.19 per cent. Earlier in [...]
New Delhi, Apr 11 (PTI) Float glass maker Gold Plus Glass Industry Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO comprises fresh issue of equity shares aggregating up to Rs 300 crore and an offer-for-sale (OFS) up to 12,826,224 equity shares by [...]
Shares of Veranda Learning Solutions Ltd made a mixed debut on the exchanges on Monday, where it listed with nearly 15 per cent premium on BSE, against the issue price of Rs 137. In contrast, at the NSE, it opened at Rs 125, a discount of 8.75 per cent. It hit a high of Rs [...]
Mumbai, Apr 8 (PTI) In a bid to improve customer service in regulated entities, the Reserve Bank of India on Friday said it will set up a panel to review and further strengthen consumer protection. "The Reserve Bank has over the years taken a number of measures to enhance consumer protection. These measures include laying [...]
Mumbai, Apr 7 (PTI) Insurance Regulatory and Development Authority of India (Irdai) has asked insurance companies to go for listing to improve their access to capital, its Chairman Debasish Panda said on Thursday.The listing will help insurance players to raise capital for growing their business and also deepening the insurance penetration in the country, he [...]
New Delhi, Apr 5 (PTI) DCX Systems, a leading player for the manufacture of electronic sub-systems and cable harnesses, has filed preliminary papers with capital markets regulator Sebi to raise up to Rs 600 crore through an initial public offering (IPO). The public issue comprises fresh issue of equity shares, aggregating up to Rs 500 [...]
