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

28 cos secure Sebi’s clearance to float IPOs worth Rs 45,000-cr in Apr-Jul FY23

28 cos secure Sebi’s clearance to float IPOs worth Rs 45,000-cr in Apr-Jul FY23

Sebi has given its nod to 28 companies to raise funds totalling Rs 45,000 crore through initial public offerings (IPOs) in April-July period of 2022-23 which has already seen 11 debutantes raising over Rs 33,000 crore. Among the firms that have secured the regulator’s clearance include Lifestyle retail brand FabIndia; Bharat FIH, a subsidiary of … Read more