New Delhi: The Rs 475-crore initial public offering (IPO) of Elin Electronics kicked off for subscription on Tuesday. The company’s three-day issue will conclude on Thursday wherein it is selling its shares in the range of Rs 234-247 apiece. The primary offer, with a lot size of 60 shares, consists of the issuance of fresh … Read more
Shares of have fallen more than 30 per cent from their October 2021 highs, amid broader market weakness, putting the stock in the bear grip. However, brokerages have maintained their bullish stance on this smallcap company and see over 95 per cent upside on the back of strong order book and growth runway. Dolat Capital … Read more
New Delhi: The initial public offering (IPO) of Prudent Corporate Advisory Services will kick off for subscription on Tuesday, May 10. The company is offering its shares in the range of Rs 595-630 apiece. At the upper range of the price band, the retail wealth management services player is eyeing to raise Rs 538.61 crore … Read more
New Delhi: IPO-bound Sterlite Power Transmission returned to black in the financial year ended on March 31, 2021, after it reported Rs 362.92 crore net profit for the year against a net loss of Rs 517.71 crore in the previous year. The Vedanta Group company reported a 10 per cent rise in income from operations … Read more
New Delhi: Rakesh Jhunjhunwala-backed Start Health and Allied Insurance Company has filed a draft red herring prospectus (DRHP) with Sebi for an initial public offering. The initial stake sale will consist of issuance of fresh equity shares aggregating to Rs 2,000 crore and offer for sale (OFS) of up to 60,104,677 equity shares by the … Read more