The offer received bids for 38.51 crore shares as against 2.37 crore shares on offer.
Posts in category Business Standard
Western Carriers (India) IPO subscribed 9.43 times (17-09-2024)
The offer received bids for 19.67 crore shares as against 2.08 crore shares on offer.
Zerodha launches ATO; all you need to know about Alert Trigger Orders (17-09-2024)
Here are the benefits and step-by-step guide to create ATO orders on Zerodha’s Kite platform.
Dental products firm Laxmi Dental files draft papers with Sebi for IPO (17-09-2024)
Dental products company Laxmi Dental Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO).
The IPO is a combination of a fresh issue of equity shares worth Rs 150 crore and an offer for sale (OFS) of 1.28 crore shares by promoters and other shareholders, according to the draft red herring prospectus (DRHP) filed last week.
As a part of the OFS, investor OrbiMed Asia II Mauritius Ltd will offload shares of the IPO-bound company.
Besides, the company may consider raising Rs 30 crore in a pre-IPO placement round. If such placement is completed, the fresh issue size will be reduced.
Proceeds from the fresh issue will be kept aside for investment in subsidiary Bizdent Devices, purchase of new machinery for the company, payment of debt and for general corporate purposes.
Laxmi Dental, an end-to-end integrated dental products company, has a comprehensive portfolio that includes custom-made crowns and bridges, branded
Australian markets rally to new highs (17-09-2024)
The benchmark S&P/ASX 200 edged up 0.24 percent to 8,140.90 while the broader All Ordinaries index gained 0.24 percent to close at 8,361.20.
Japanese markets fall sharply, Nikkei down 1.03% (17-09-2024)
A two-day policy meeting of the U.S. Federal Reserve gets underway later today, with markets seeing a nearly 70 percent probability of a bigger 50 bps rate cut to the 4.7-5 percent range on Wednesday.
Japanese markets slump, Nikkei loses 1% (17-09-2024)
The Nikkei average dropped 1.03 percent to 36,203.22 while the broader Topix index settled 0.60 percent lower at 2,555.76.
Ashoka Buildcon receives ratings action for SPV – Ashoka Ankleshwar Manubar Expressway (17-09-2024)
From ICRA
EaseMyTrip.com strengthens its presence in medical tourism sector (17-09-2024)
With acquisition of minor stakes in Pflege Home Healthcare and Rollins International
Board of Easy Trip Planners approves investment in Rollins International and Pflege Home Healthcare (17-09-2024)
At meeting held on 17 September 2024