Kumar Arch Tech files draft papers to raise Rs 740 crore via IPO

Kumar Arch Tech files draft papers to raise Rs 740 crore via IPO

Kumar Arch Tech, which is into PVC blend-based building material products manufacturing, has filed preliminary papers with capital markets regulator Sebi to garner Rs 740 crore through an initial public offering (IPO). The proposed IPO is a mix of fresh issuance of shares valued Rs 240 crore, and an offer-for-sale (OFS) of shares worth Rs … Read more

Kross IPO GMP declines by half ahead of Monday listing. Check details

Kross IPO GMP declines by half ahead of Monday listing. Check details

The grey market premium (GMP) on Kross‘ shares have reduced by half to Rs 24 from Rs 50 ahead of the listing of the stock on September 16, Monday. This is a 10% premium over the issue price of Rs 240 per share. The three-day initial public offering (IPO) which ended on September 11 got … Read more

RIL Q2 preview: Profits may dip but Jio and Retail could see sequential improvement

RIL Q2 preview: Profits may dip but Jio and Retail could see sequential improvement

Mumbai: Mukesh Ambani-controlled Reliance Industries may report a drop in its performance from a year ago when it unveils its September quarter earnings on Friday. The company may, however, log a sequential improvement even though full-recovery to pre-Covid levels is yet to happen. Analysts will also wait and watch company’s take on the legal tussle … Read more