NSE Investments, a wholly-owned subsidiary of the National Stock Exchange (NSE), will sell up to 20.32% of its stake in Protean eGov Technologies through an Offer for Sale (OFS). The floor price for the stake sale has been set at Rs 1,550 per share. The OFS includes a base offer of 10.16% equity, with an […]
NSE Investments to Sell 20.32% Stake in Protean eGov Tech via OFS at Rs 1,550 per Share Read More »
Construction services company Ganesh Infraworld has announced its Rs 99-crore initial public offering (IPO), set to open for subscription on November 29 and close on December 3. The price band for the IPO is fixed at Rs 78-83 per share. Key Details of the IPO: About Ganesh Infraworld: The West Bengal-based company specializes in engineering,
Ganesh Infraworld’s Rs 99-Crore IPO to Open on November 29 Read More »
Staffing firm Ciel HR Services aims to go public by filing draft papers with SEBI to raise funds through an initial public offer. It consists of a fresh issue of shares worth Rs 335 crore and an OFS of 47.39 lakh shares by existing shareholders, including promoters. Technology-driven HR solutions provider Ciel HR Services operates
Ciel HR Services Files for IPO, Plans Rs 335 Crore Fresh Issue Read More »
Adani Group stocks faced sharp declines on November 21, following bribery allegations against founder Gautam Adani by US federal prosecutors. Shares of Adani Enterprises, Adani Green Energy, and Adani Energy Solutions nosedived between 10-20% during early trading. Key Allegations: US prosecutors have charged Gautam Adani and other Adani Group executives, including Sagar R Adani and
Adani Group Stocks Plunge Up to 20% Amid US Bribery Allegations Against Gautam Adani Read More »
Pune-based automotive component manufacturing company, Belrise Industries limited has filed the draft papers with SEBI to raise Rs 2,150 crore through an initial public offering. The IPO consists of only a fresh issue which means that all money, net of expenses, will come directly to the company. Key Details of the IPO: Business Overview:Belrise Industries
Belrise Industries Plans Rs 2,150-Crore IPO to Reduce Debt, Files with SEBI Read More »
Coforge has successfully completed its open offer to acquire an additional 4.69% stake in Cigniti Technologies at Rs 1,415 per share. This increases Coforge’s total shareholding in Cigniti to 32.68%, up from 27.98%. In an exchange filing dated November 20, Coforge said it had acquired 12,80,374 equity shares. Further, 865 more shares are under process
Coforge Completes Open Offer for Cigniti, Stake Rises to 32.68% Read More »
Agrochemical company UPL Ltd plans to raise up to Rs 3,378 crore through a rights issue by offering 9.38 crore partly paid equity shares at Rs 360 each. The issue price represents a 34% discount to the closing price of Rs 545.5 on November 19. Eligible shareholders can subscribe to one equity share for every
UPL to Raise Rs 3,378 Crore via Rights Issue at Rs 360 per Share Read More »
Godrej Properties has expanded its footprint in Kolkata by acquiring a 53-acre land parcel in the fast-growing Joka micro-market. The company plans to develop residential plots on this site, targeting an estimated ₹500 crore in revenue, the company announced on November 20, 2024. Project Highlights Statement from Leadership Gaurav Pandey, MD & CEO of Godrej
Godrej Properties Acquires 53-Acre Plot in Kolkata’s Joka, Eyes ₹500 Crore Revenue Read More »
Jaipur-based bio-fuel producer, Rajputana Biodiesel, is entering the capital market with an initial public offer to raise ₹24.7 crore commencing on November 26, 2024 and will remain open for public subscription up to November 28. Its issues are priced in the range of ₹123-₹130 per share. Listing will take place on December 3, on NSE
Rajputana Biodiesel IPO to Open on November 26: Key Details Read More »
Shares of ITI Ltd would be in the spotlight on November 19 after the company received an order value of ₹95 crore from the Directorate of Geology & Mining, Government of Uttarakhand. The order is circulated for the MDTSS project regarding illegal mining and to increase the state government’s revenue. Project Highlights Revenue Implications The
ITI Shares in Spotlight on ₹95 Crore Contract Win in Uttarakhand Read More »
