Posts in category Business Standard
Apeejay Surrendra Park Hotels IPO subscribed 59.66 times (07-02-2024)
The offer received bids for 207.38 crore shares as against 3.47 crore shares on offer.
Garuda Construction and Engineering files IPO draft papers to raise funds (07-02-2024)
Garuda Construction and Engineering Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering.
With this, the total number of draft offer documents filed by the companies has reached 10 in this year so far.
The proposed IPO is a combination of a fresh issue of 1.83 crore equity shares and an Offer For Sale of 95 lakh equity shares by promoter PKH Ventures Ltd, according to the Draft Red Herring Prospectus (DRHP) uploaded on Sebi's website on Wednesday.
Proceeds from the fresh issue will be used to support the working capital requirement of the Mumbai-based company and for general corporate purposes, including unidentified inorganic acquisition.
PKH Ventures currently holds 77.07 per cent stake in Garuda Construction and Engineering.
Garuda Construction and Engineering is involved in several projects for residential, commercial, residential-cum-commercial, hospitality, infrastructure and industrial projects.
According to
Jana Small Finance Bank IPO subscribed 88% (07-02-2024)
The offer comprises of fresh issue of equity shares aggregating up to Rs 462 crore and offer for sale of up to 26,08,629 equity shares
Indices end almost flat, Nifty ends below 21,950; IT pivotals drag (07-02-2024)
The domestic equity indices concluded a turbulent session, hovering around the neutral position with a slightly negative tilt on Wednesday. Traders locked in gains leading up to the RBI's monetary policy announcement on February 8th. While the Reserve Bank of India is anticipated to keep rates unchanged, market attention will be focused on its commentary for potential insights into the future rate-cut direction. The Nifty closed below the 21,950 level, with PSU banks, realty, and media shares experiencing demand, while IT and private banks faced selling.
Capital Small Finance Bank IPO subscribed 50% (07-02-2024)
The offer received bids for 40.77 lakh shares as against 81.47 lakh shares on offer.
Tata Consumer Q3 PAT slides 21% YoY to Rs 279 cr (07-02-2024)
Tata Consumer Products reported 20.72% declined in consolidated net profit to Rs 278.87 crore in Q3 FY24 as against Rs 351.76 crore recorded in Q3 FY23
Trident bags patent for a fitted sheet (07-02-2024)
The present invention comprises of a method for producing a fitted sheet which provides enhanced gripping at the corners of the sheet which can accommodate mattresses of varied thickness. With this patent, the company will deliver its Technofit technology which provides enhanced gripping, prevents seam ear, and do not deteriorate even after several washes.
Aarti Pharmalabs consolidated net profit rises 10.65% in the December 2023 quarter (07-02-2024)
Sales decline 4.86% to Rs 448.69 crore
Nakoda Group of Industries reports standalone net loss of Rs 0.54 crore in the December 2023 quarter (07-02-2024)
Sales decline 16.99% to Rs 14.46 crore
Expleo Solutions consolidated net profit declines 38.51% in the December 2023 quarter (07-02-2024)
Sales rise 4.17% to Rs 250.23 crore