The bourse’s revenue surged to Rs 431.5 crore in the third quarter of FY24 from Rs 245 crore reported a year ago
Posts in category Business Standard
Apeejay Surrendra Park Hotels IPO subscribed 2.52 times on Day 1 of bidding (05-02-2024)
The initial public offer of Apeejay Surrendra Park Hotels, which runs hotels under the “The Park” brand, was fully subscribed on the first day of bidding on Monday and ended with 2.52 times subscription.
The Rs 920 crore IPO received bids for 8,75,33,280 shares against 3,47,61,903 shares on offer, as per NSE data.
The category for Retail Individual Investors (RIIs) received 5.70 times subscription while the quota for non-institutional investors fetched 3.24 times subscription. The portion meant for Qualified Institutional Buyers (QIBs) got subscribed 1.17 times.
The Initial Public Offer (IPO) has a fresh issue of up to Rs 600 crore and an offer for sale component of up to Rs 320 crore.
The IPO has a price range of Rs 147-155 a share.
Those offering shares in the OFS are Apeejay Surrendra Trust, Apeejay Pvt Ltd, RECP IV Park Hotel Investors Ltd, and RECP IV Park Co-Investors Ltd.
At present, promoters and promoter group members hold a 94.18 per cent stake in the company, and the
IEX records 26.1% growth in traded volumes (05-02-2024)
Achieves highest traded volumes since inception
Canara Bank receives re-validation in credit ratings (05-02-2024)
1. Re-validation of Rating at CRISIL AA+/Stable on the Tier I bonds (Under Basel III) aggregating Rs. 12,500 crore of Canara Bank.
Insecticides India consolidated net profit rises 31.38% in the December 2023 quarter (05-02-2024)
Sales rise 0.40% to Rs 357.94 crore
Central Cables reports standalone net loss of Rs 0.23 crore in the December 2023 quarter (05-02-2024)
Sales rise 46.43% to Rs 0.82 crore
Sree Jayalakshmi Autospin reports standalone net profit of Rs 3.45 crore in the December 2023 quarter (05-02-2024)
Reported sales nil
Thambbi Modern Spinning Mills reports standalone net loss of Rs 0.10 crore in the December 2023 quarter (05-02-2024)
Sales rise 10.00% to Rs 0.77 crore
Mahua Bharatpur Expressways standalone net profit declines 38.60% in the December 2023 quarter (05-02-2024)
Sales rise 6.65% to Rs 28.07 crore
Shivamshree Businesses reports standalone net profit of Rs 0.32 crore in the December 2023 quarter (05-02-2024)
Sales reported at Rs 7.64 crore