Interestingly, NSE’s unlisted share price has increased by almost three times in the past three years, with its current price ranging from Rs 6,000 to Rs 6,200 per share
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Western Carriers IPO gets subscribed 4.83 times on Day 2 of subscription (16-09-2024)
The Kolkata-based company’s initial public offering (IPO) is available for subscription in the price range of Rs 163-172 per share
Northern Arc Capital IPO fully subscribed on Day 1, 2.86x oversubscribed (16-09-2024)
The initial public offer of non-bank financial institution Northern Arc Capital received 2.86 times subscription on the first day of the share sale on Monday.
The share sale received bids for 6,14,36,709 shares against 2,14,78,290 shares on offer, as per NSE data.
The quota for non-institutional investors fetched 4.47 times subscription while the portion for Retail Individual Investors (RIIs) got subscribed 3.86 times. The Qualified Institutional Buyers (QIBs) part received 2 per cent subscription.
Northern Arc Capital on Friday said it has collected Rs 229 crore from anchor investors.
The Rs 777-crore IPO of the Chennai-based company will conclude on September 19. The price has been fixed in the range of Rs 249-263 per share.
The IPO is a combination of a fresh issue of equity shares valued at Rs 500 crore and an Offer For Sale (OFS) of up to 1,05,32,320 equity shares worth Rs 277 crore, at the upper end of the price band, by investor shareholders. This aggregates the issue size
TVS Motor Company divests its entire stake in TVS Digital (16-09-2024)
Consequent to the above, the TVS Digital has ceased to be a wholly owned subsidiary of the Company effective 16 September 2024.
Thomas Cook inaugurates new branch in Kolkata (16-09-2024)
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Marshall Machines reports standalone net loss of Rs 1.46 crore in the June 2024 quarter (16-09-2024)
Sales decline 14.26% to Rs 9.14 crore
Orient Technologies standalone net profit rises 30.15% in the June 2024 quarter (16-09-2024)
Sales rise 27.32% to Rs 148.85 crore
Viaan Industries reports standalone nil net profit/loss in the June 2024 quarter (16-09-2024)
Reported sales nil
Nagarjuna Fertilizers & Chemicals reports consolidated net profit of Rs 2453.20 crore in the June 2024 quarter (16-09-2024)
Sales decline 18.87% to Rs 871.08 crore
Firstsource Solutions collaborates with Microsoft to accelerate adoption of AI and digital technologies (16-09-2024)
Firstsource Solutions announced a collaboration with Microsoft to deliver cutting-edge digital transformation services to clients worldwide. Using the power of Microsoft Azure OpenAI Service, Firstsource aims to enhance its service offerings, driving innovation and efficiency across various industries.