Posts in category Business Standard
Univastu India consolidated net profit declines 48.34% in the December 2023 quarter (10-02-2024)
Sales rise 6.74% to Rs 29.93 crore
Neogen Chemicals consolidated net profit declines 92.78% in the December 2023 quarter (10-02-2024)
Sales decline 11.71% to Rs 164.44 crore
Inox Wind Energy reports consolidated net loss of Rs 7.86 crore in the December 2023 quarter (10-02-2024)
Sales rise 122.40% to Rs 504.22 crore
KIFS Financial Services standalone net profit rises 64.04% in the December 2023 quarter (10-02-2024)
Sales rise 87.48% to Rs 13.63 crore
Raunaq International reports standalone net loss of Rs 0.42 crore in the December 2023 quarter (10-02-2024)
Sales rise 22.63% to Rs 1.68 crore
Landmark Cars consolidated net profit declines 29.58% in the December 2023 quarter (10-02-2024)
Sales rise 9.49% to Rs 959.25 crore
Hyundai Motor picks JPMorgan, Citi to accelerate $3 billion IPO: Report (09-02-2024)
The company plans to file regulatory papers in India by May to June for an approval, said two of the three sources, all of whom declined to be named as the talks are private
IPO corner: Rashi subscribed 60 times and Jana SFB booked 18 times (09-02-2024)
The company is a leading distributor of global brands in the computing and communication space
Jana Small Finance Bank IPO gets subscribed 18.50 times on final day (09-02-2024)
The initial public offering of Jana Small Finance Bank received 18.50 times subscription on the closing day of share sale on Friday.
Private equity majors TPG and Morgan Stanley-backed company's IPO received bids for 18,71,96,580 shares as against 1,01,16,284 shares on offer, as per NSE data.
The portion for Qualified Institutional Buyers (QIBs) fetched 38.75 times subscription while the category for non-institutional investors got subscribed 25.05 times. The Retail Individual Investors (RIIs) part received 5.46 times subscription.
The Bengaluru-headquartered firm's Initial Public Offering (IPO) had a fresh issue of up to Rs 462 crore and an Offer For Sale (OFS) of up to 2,608,629 shares. It had a price range of Rs 393-414 apiece.
Jana Small Finance Bank on Tuesday garnered Rs 167 crore from anchor investors.
The bank will use the money from the fresh issue to augment its core capital to meet future capital requirements and improve its capital adequacy ratio.
Axis Capital, ICICI
Entero Healthcare’s Rs 1,600 cr IPO subscribed 10% on first day of offer (09-02-2024)
The initial share sale of healthcare products distributor Entero Healthcare Solutions received 10 per cent subscription on the first day of bidding on Friday.
The Rs 1,600 crore-Initial Public Offering (IPO) got bids for 6,89,678 shares against 71,50,100 shares on offer, as per NSE data.
The category for Retail Individual Investors (RIIs) got subscribed 45 per cent while the quota for non-institutional investors received 4 per cent subscription.
The IPO is 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 is Rs 1,195-1,258 a share.
Entero Healthcare Solutions has collected Rs 716 crore from anchor investors.
Proceeds from the fresh issue will be used towards payment of debt, funding working capital requirements, pursuing inorganic growth initiatives through acquisitions and general corporate purposes.
ICICI Securities, Dam