New Delhi, Dec 20 (PTI) The initial public offer of Supriya Lifescience Limited was subscribed 71.47 times on the last day of share sale on Monday.The initial share sale received bids for 1,03,83,31,980 shares against 1,45,28,299 shares on offer, according to NSE data.The category for non-institutional investors received 161.22 times subscription, while those for Retail [...]
Mumbai, Maharashtra, India (NewsVoir) Cyril Amarchand Mangaldas acted as legal counsel to the book running lead managers on initial public offering (IPO) of FSN E-Commerce Ventures Limited (Nykaa), comprising of 47,575,326 equity shares of face value of INR 1 each for cash at a price of INR 1,125 per equity share (including a share premium [...]
New Delhi, Dec 20 (PTI) Le Travenues Technology Ltd, which operates travel platform Ixigo, has received markets regulator Sebi's go-ahead to raise Rs 1,600 crore through an initial share-sale. Apart from this, cardiac stent maker Sahajanand Medical Technologies and food and beverage major Keventer Agro have received regulatory approval from Sebi to float their initial [...]
New Delhi, Dec 20 (PTI) Shares of Shriram Properties Ltd on Monday listed with a discount of nearly 24 per cent against its issue price of Rs 118. The stock listed at Rs 94, a decline of 20.33 per cent from the issue price on the BSE. It further tumbled 22.24 per cent to Rs [...]
New Delhi, Dec 19 (PTI) The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and the preparatory work is still far from complete. There are still some issues [...]
New Delhi, Dec 19 (PTI) Cardiac stent maker Sahajanand Medical Technologies, which has been expanding its presence through buyouts, will continue to explore strategic partnerships and acquisition opportunities to fast-track entry into advanced high growth products, its top official said on Sunday. The company purchased medical devices firm Vascular Concepts in 2020 following the acquisitions [...]
New Delhi, Dec 19 (PTI) The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than anticipated time, and preparatory work is still far from complete. There are still some issues that [...]
New Delhi, Dec 19 (PTI) Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was [...]
New Delhi, Dec 19 (PTI) Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was [...]
New Delhi, Dec 19 (PTI) Changing tracks helps. But, not taking the beaten path isn't always helpful. This is the story of two of India's biggest privatisations - Air India and Bharat Petroleum (BPCL). Nearly two decades after the last privatisation, a landmark divestment concluded this year when the loss-making national carrier Air India was [...]
