Punjab & Sind Bank fixes QIP floor price at Rs 40.38 per share

Punjab & Sind Bank fixes QIP floor price at Rs 40.38 per share

State-owned Punjab & Sind Bank on Monday fixed the floor price of Rs 40.38 per share to raise funds through QIP. The bank has proposed to raise Rs 2,000 crore through Qualified Institutional Placement (QIP). The board in its meeting approved and adopted the preliminary placement document dated March 24, 2025, together with the application … Read more

Wantage teen honoured in New Year Honours for cancer fundraising

Wantage teen honoured in New Year Honours for cancer fundraising

TEAM MIKAYLA Mikayla Beames (right) set up the charity, which donated more than £2,000 worth of Christmas gifts to children’s cancer wards A teenager who has lived with cancer since she was four has been recognised in the New Year Honours List for raising money for other children with the disease. Mikayla Beames, from Wantage, … Read more

Restaurant Brands Asia shares rally 3% as co to consider fundraising through QIP

Restaurant Brands Asia shares rally 3% as co to consider fundraising through QIP

Shares of Burger King-operator Restaurant Brands Asia (RBA) today rose 3% to their day’s high of Rs 84.56 on the BSE after the company announced that its board will meet on Friday to consider raising of funds via a preferential issue, qualified institutions placement (QIP) or other methods. “Pursuant to Regulation 29(1)(d) of the SEBI … Read more

Eleganz Interiors files IPO papers with NSE Emerge

Eleganz Interiors files IPO papers with NSE Emerge

Eleganz Interiors, a leading provider of interior fit-out solutions provider, on Saturday said it has filed draft papers with NSE Emerge to mobilise funds via an initial public offering. The initial public offering (IPO) is entirely a fresh issuance of up to 60.05 lakh shares, each with a face value of Rs 10, the company … Read more

We see large opportunities in India, will start manufacturing in US this financial year: Hitesh Doshi, Waaree

We see large opportunities in India, will start manufacturing in US this financial year: Hitesh Doshi, Waaree

Hitesh Doshi, Chairman & MD, Waaree Energies, says ALMM is one of the non-tariff barriers which is helping to promote Make in India. Just by bringing ALMM in for a short span, Indian module manufacturing capacity has increased and our exports have also increased. Doshi believes that this will not be restricted only to the … Read more

India’s Adani Green units plan to raise up to $1 billion in dollar bonds, bankers say

India’s Adani Green units plan to raise up to  billion in dollar bonds, bankers say

Four subsidiaries of India’s Adani Green Energy plan to raise up to $1 billion by issuing U.S. dollar-denominated bonds, two merchant bankers involved in the deal said on Tuesday. The companies will issue bonds with a maturity of 20 years in one or more tranches starting this month, the bankers said, speaking on condition of … Read more

IPO activity to pick up pace in 2nd half of 2023: Report

IPO activity to pick up pace in 2nd half of 2023: Report

The IPO market in India remained stable during the first quarter of 2023 and the primary fundraising activity is expected to further gain momentum in the second half of the year. There have been a total of four IPOs in Q1 2023, one higher than the same period of last year. Divgi TorqTransfer Systems was … Read more

Fractal Analytics readies IPO plans, targets $2.5 billion valuation

Fractal Analytics readies IPO plans, targets .5 billion valuation

Mumbai: Artificial intelligence and analytics solutions provider Fractal Analytics has kick-started the formal process to launch its public issue towards the second half of the year valuing the Bengaluru unicorn at around $2.5 billion (₹18,000 cr), multiple people aware of the development, said. The company plans to offer 15-20% stake through the proposed IPO that … Read more