The ₹755-crore initial public offering (IPO) of Harsha Engineers International was subscribed 74.7 times on Friday – the final day of bidding. The issue received bids for 125.97 crore shares against the 1.69 shares on offer, according to the stock exchanges data. This the strongest response to an IPO from investors so far in 2022. … Read more
The initial public offering of airport service aggregator platform DreamFolks Services will open for subscription on Wednesday, August 24, to raise ₹562 crore. The price band for the offer has been fixed at ₹308-326 per share. The IPO consists of an offer for sale of up to 1.72 crore shares by the promoters and selling … Read more
Mumbai: JK Files and Engineering, a part of the Raymond Group, is eyeing a turnover of ₹1,500 crore in the next few years on expectations of robust demand for precision automotive components. Having posted more than 50% growth in FY22 with a turnover of ₹812 crore, the auto-parts arm now makes up nearly an eighth … Read more
NEW DELHI: YES Bank‘s Rs 15,000 crore follow-on public offer saw 52 per cent subscription by midday of Day 3, the last day of the bidding process. By 11.45 am, the issue had attracted bids for 4,77,19,82,000 shares, 52 per cent of the issue size of 9,09,97,66,899 shares, data compiled from BSE and NSE showed. … Read more