Krsnaa Diagnostics IPO to open on August 4; price band set at Rs 933-954/share

Krsnaa Diagnostics IPO to open on August 4; price band set at Rs 933-954/share

NEW DELHI: Krsnaa Diagnostics on Monday said it has fixed a price band of Rs 933-954 a share for its little over Rs 1,213 crore initial share-sale. The three-day initial public offer (IPO) will open for public subscription on August 4 and conclude on August 6. The bidding for anchor investors will open on August … Read more

Shyam Metalics IPO opens on June 14: All you need to know

Shyam Metalics IPO opens on June 14: All you need to know

NEW DELHI: The initial public offer (IPO) of Shyam Metalics and Energy will hit the Street on Monday. The producer of long steel products is looking to raise about Rs 909 crore from a mix of fresh issue and offer for sale. It is looking to use the net proceeds from the fresh issue mainly … Read more

Government to sell 1.95% stake in Axis Bank to raise Rs 4,000 cr

Government to sell 1.95% stake in Axis Bank to raise Rs 4,000 cr

MUMBAI: The central government is selling up to 5.81 crore shares or a 1.95% stake in Axis Bank, held via the Specified Undertaking of the Unit Trust of India (SUUTI) to raise around Rs 4,000 crore. Shares are sold through the offer for sale (OFS) route. The OFS will open for non-retail investors on Wednesday … Read more

Zomato IPO: Info Edge to sell stake worth Rs 750 crore via OFS

Zomato IPO: Info Edge to sell stake worth Rs 750 crore via OFS

MUMBAI: today said that its investee company Zomato has proposed an initial public offering of fresh issue of equity shares and an offer for sale. Info Edge will sell stake worth Rs 750 crore in the initial public offering of the food delivery aggregator via offer for sale, the company said in an exchange filing. … Read more

MTAR Tech raises Rs 179 crore from 15 anchor investors

MTAR Tech raises Rs 179 crore from 15 anchor investors

MUMBAI: Hyderabad based precision engineering solutions company MTAR Technologies has raised Rs. 180 crores from 15 anchor investors ahead of its initial public offer (OFS) which will open for subscription on Wednesday. The company has allocated 31.11 lakh shares at Rs. 575 per share on March 2, to the anchor investors. The anchor book, according … Read more

Ahead of OFS, Sebi initiates insider trading probe in GMM Pfaudler shares

Ahead of OFS, Sebi initiates insider trading probe in GMM Pfaudler shares

Sebi has asked the stock exchanges to provide five years of trading data on GMM Pfaudler, which in August bought into the global parent. Synopsis Large quantities of shares were borrowed from the Securities Lending and Borrowing or SLB segment and sold in the market a few days before the OFS announced September 21 at … Read more

Bharat Dynamics OFS gets off to smooth start, institutional buyers oversubscribe

Bharat Dynamics OFS gets off to smooth start, institutional buyers oversubscribe

NEW DELHI: The over Rs 900-crore Offer for Sale (OFS) of government shares in defence firm Bharat Dynamics got off to a smooth start with the portion reserved for institutional investors oversubscribed 1.40 times. The government is selling over 2.74 crore shares of Bharat Dynamics Ltd (BDL) at a floor price of Rs 330 apiece. … Read more