Posts in category All News
Investors subscribe Nephro Care India IPO by 716 times offer size (02-07-2024)
The initial public offering (IPO) of Nephro Care India was subscribed 715.85 times on Tuesday, helped by heavy participation from institutional investors.
The Rs 41.26 crore initial share sale received bids for 2,23,00,38,400 shares against 31,15,200 shares on offer.
The portion for non-institutional investors received 1,787.56 times subscription, the quota for retail individual investors subscribed 634.12 times, as per the NSE data.
Additionally, the quota for qualified institutional buyers received 245.14 times subscription, and employee portion was subscribed 20.44 times, bringing the overall subscription to 715.85 times.
The Kolkata-headquartered healthcare provider said on Friday raised Rs 11.14 crore from anchor investors.
The IPO comprises fresh issuance of 45.84 lakh equity shares.
Shares were available for public subscription in the range of Rs 85-90 per scrip.
The kidney care provider intends to utilise Rs 26.17 crore of the IPO proceeds for setting-up a multi-speciali
Lok Sabha results mark independence from communal politics: Akhilesh Yadav (02-07-2024)
During the Lok Sabha debate on the President's address, Senior Opposition MPs accused PM Narendra Modi and BJP of polarisation in the general elections, celebrating their enhanced tally as a rejection of BJP's politics and government's "vindictive politics". Akhilesh Yadav declared the elections marked freedom from communal politics and a victory for positive politics. Congress MP KC Venugopal criticized PM Modi for communal speeches and violating constitutional norms.
Adi-Nadir group buys out 12.5% in Godrej Industries from Rishad Naoroji (02-07-2024)
The Godrej family announced a settlement—according to which the Adi-Nadir and Jamshyd-Smita families would buy out each other’s stakes for zero consideration in each other’s companies. While the Adi and Nadir Godrej faction now known as Godrej Industries Group (GIG) controls Godrej Industries , Godrej Properties and Godrej Consumer Products, the Jamshyd Godrej family now Godrej Enterprises Group (GEG) controls unlisted Godrej and Boyce Mfg .
Bain Capital-backed Emcure Pharma mobilises Rs 583 cr from anchor investors (02-07-2024)
Emcure Pharmaceuticals has allocated 57.8 lakh equity shares to 48 funds at the upper end of the IPO price band, raising Rs 582.6 crore. The public subscription for the IPO will commence on July 3rd and conclude on July 5th.
IDFC – Infrastructure Development Finance corporation (02-07-2024)
How much cash IDFC has on its books for dividend. Couldn’t get from Q4FY24 investor presentation.
IDFC – Infrastructure Development Finance corporation (02-07-2024)
How much cash IDFC has on its books for dividend. Couldn’t get from Q4FY24 investor presentation.