Posts in category Business Standard
Investors subscribe Entero Healthcare IPO 1.53 times on final day of offer (13-02-2024)
The initial share-sale of Entero Healthcare Solutions got subscribed 1.53 times on the final day of subscription on Tuesday.
The Rs 1,600 crore-Initial Public Offering (IPO) got bids for 1,09,49,884 shares against 71,50,100 shares on offer, as per NSE data.
The category for Qualified Institutional Buyers (QIBs) got subscribed 2.28 times, while the quota for Retail Individual Investors (RIIs) received 1.33 times subscription.
The portion for Non Institutional Investors received 22 per cent subscription.
The IPO was a combination of fresh issue of up to Rs 1,000 crore and an Offer For Sale (OFS) of up to 47,69,475 equity shares, aggregating up to Rs 600 crore at the upper end of the price band.
Price range for the offer was Rs 1,195-1,258 per share.
The healthcare products distributor collected Rs 716 crore from anchor investors on February 8.
Proceeds from the fresh issue will be used towards payment of debt, funding working capital requirements, pursuing inorganic growth initiat
Markets rebound as inflation eases; Sensex ends 483 points higher (13-02-2024)
The Sensex ended at 71,555, gaining 483 points, or 0.7 per cent while the Nifty ended at 21,743, with a gain of 127 points or 0.6 per cent
On a comeback trail, Franklin Templeton MF plans series of debt launches (13-02-2024)
Timeline not fixed yet, choice of fund will depend on investor demand, says the fund house
Bharti Airtel launches new stores in Vadodara (13-02-2024)
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Board of K.P. Energy approves allotment of 4.44 cr bonus shares (13-02-2024)
At meeting held on 13 February 2024
Parnax Lab consolidated net profit declines 30.79% in the December 2023 quarter (13-02-2024)
Sales rise 8.91% to Rs 50.99 crore
Ahluwalia Contracts (India) consolidated net profit rises 57.02% in the December 2023 quarter (13-02-2024)
Sales rise 38.11% to Rs 1026.48 crore
Agarwal Industrial Corporation consolidated net profit rises 9.60% in the December 2023 quarter (13-02-2024)
Sales decline 11.58% to Rs 488.18 crore
Intellivate Capital Ventures consolidated net profit rises 360.87% in the December 2023 quarter (13-02-2024)
Sales rise 59.53% to Rs 38.08 crore
Hindustan Copper consolidated net profit declines 21.45% in the December 2023 quarter (13-02-2024)
Sales decline 28.32% to Rs 399.29 crore