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
Mumbai: Low fare carrier Go Airlines has filed its draft red herring prospectus, ahead of its planned IPO. The IPO is managed by ICICI Securities, Citigroup and Morgan Stanley. According to the DRHP, the airline wants to raise Rs 3,600 crore via a fresh issue of shares. ET had reported last Saturday that the DRHP … Read more